Electric Mini Truck Sales: Buy Now or Wait for 2027?

Electric mini truck sales in India have already beaten last year's total, and we're only halfway through FY27. If you run a diesel Ace on a fixed city route, an EV could now save you ₹6,700–8,000 a month on fuel. Meanwhile, Hyundai and TVS are lining up a 2027 rival, so you have a real buy-now-or-wait decision.

Electric mini truck sales: a full year's worth in six months

Between April and September 2026, 16,995 electric trucks and light commercial vehicles were registered, Mint reported from Vahan data. That's more than the 14,869 sold in all of FY26. And if you go back one more year, the figure was just 5,537.

Most of that volume, in fact, is small cargo vehicles doing e-commerce, FMCG and parcel runs. After all, that's the work where an EV makes the most sense: short routes, fixed depots and overnight charging.

Who's selling them

In September, Tata Motors led with 1,267 registrations. Euler Motors came a close second at 1,068, while Mahindra Last Mile Mobility managed 464.

Euler's number, however, is the surprise. It's a start-up, yet it outsold Mahindra by more than two to one in the month. Its pitch is payload, because both its Storm EV models carry 1,250 kg. So if your loads are heavy rather than bulky, put Euler on your shortlist.

Electric mini truck prices and range compared

For now, here's how the main options compare on the makers' own figures. Prices are ex-showroom launch prices, so your on-road quote will differ.

Model	Payload	Claimed range	Launch price
Tata Ace Pro EV	750 kg	155 km	Dealer quote
Mahindra Zeo	765 kg	Up to 160 km	₹7.52 lakh
Euler Storm EV T1250	1,250 kg	About 140 km	₹8.99 lakh
Euler Storm EV LongRange 200	1,250 kg	200 km	₹12.99 lakh

Tata's Ace Pro range launched in 2025 with a 750 kg payload and a stated 155 km for the EV. However, Tata quotes only the petrol starting price of ₹3.99 lakh, so ask your dealer for the EV figure. Mahindra's Zeo started at ₹7.52 lakh and comes with a 7-year or 1.5 lakh km battery warranty. Euler's Storm EV pair, meanwhile, splits by use: the T1250 for city work and the LongRange 200 for intercity runs.

Prices, EMIs, subsidies and permit rules vary by state and change frequently. Verify with your dealer, lender or RTO before you buy.

What an electric mini truck saves you per month

We already did this maths in our CNG price hike explainer. With Delhi diesel at ₹95.20, a diesel Ace Gold costs about ₹4.33 per km on its claimed mileage. By contrast, Tata's Ace EV, with its 21.3 kWh battery, costs about ₹1.10 per km on depot power at ₹8 per kWh. It's closer to ₹1.65 at a mixed ₹12 tariff.

So on 2,500 km a month, the diesel burns about ₹10,800. The EV, on the other hand, uses ₹2,750–4,100 of power. As a result, you save roughly ₹6,700–8,000 every month.

Now set that against the purchase price. The Zeo's ₹7.52 lakh launch price was about ₹3.5 lakh above the Ace Pro petrol's ₹3.99 lakh start. At these savings, then, fuel alone pays back that gap in roughly three and a half to four and a half years. However, petrol and diesel minis got cheaper after the GST cut, so the gap may now be wider. Get both quotes on the same day before you decide.

Prices, EMIs, subsidies and permit rules vary by state and change frequently. Verify with your dealer, lender or RTO before you buy.

Hyundai and TVS want a piece of it

According to Mint, two executives say Hyundai and TVS are targeting 2027 for an electric mini truck to take on the Ace. The truck would also build on the micro four-wheeler concept they showed at the Bharat Mobility Expo in January 2025.

That's all we know, though. There's no price, payload or range yet, and neither company commented. For context, Hyundai already sells the Porter II Electric in Korea with a claimed 217 km range. Still, a Korean product doesn't tell you what will work on an Indian mandi run.

Buy now or wait for 2027?

If you need a vehicle this year, then buy now. Every month you wait on diesel costs you ₹6,000-plus in fuel, and a product with no announced price is too vague to plan around.

That said, one more player should mean sharper pricing and better finance offers in 2027. So if your current truck has two good years left, keeping it running and watching the launch is reasonable. Meanwhile, keep an eye on resale too. Early e-SCVs don't have much of a used market yet, so plan to run yours for the full battery warranty.

What this means for buyers

• An electric mini truck works best when you run under about 120 km a day with overnight depot charging. Long or unpredictable routes still favour diesel or CNG.
• For heavy loads, compare Euler's 1,250 kg against the 750–765 kg of the Ace Pro EV and the Zeo.
• Ask every dealer for the battery warranty in writing, because that sets your realistic ownership period.
• If you're also weighing three-wheelers, see our electric auto price guide. For bigger trucks, start with our electric truck price guide.

Electric mini truck FAQs

Which electric mini truck has the highest payload?

Of the models here, Euler's Storm EV T1250 and LongRange 200 lead at 1,250 kg each. By comparison, the Mahindra Zeo carries 765 kg and the Tata Ace Pro EV 750 kg.

When will the Hyundai-TVS mini truck launch?

Mint reports a 2027 target, quoting two unnamed executives. Neither company has confirmed it, and there's no price yet.

How much does an electric mini truck cost to run?

On an Ace EV, it's about ₹1.10 per km on ₹8 depot power and about ₹2.47 on a ₹18 public fast charger. By comparison, a diesel Ace costs roughly ₹4.33 per km.

How long is the battery warranty?

It varies, because each maker sets its own. Mahindra, for example, offers 7 years or 1.5 lakh km on the Zeo, so compare warranties as closely as prices.