The final countdown to the new financial year is here, and it’s brought a massive relief for EV buyers. In a surprise move today, March 30, 2026, the government has extended the PM E-DRIVE subsidy for electric two-wheelers until July 31, 2026.
But while EV buyers celebrate, petrol and luxury car fans are facing a “Now or Never” moment. From April 1, several brands are hiking prices by up to ₹86,000.
1. EV Win: PM E-DRIVE Subsidy Extension
The government was supposed to pull the plug on electric two wheeler subsidies tomorrow. However an the latest amendment has granted a 4-month extension.
- The Impact: Popular models like Ola S1 Pro, Ather 450X and TVs iQube will maintain their current prices.
- The Catch: This is the final extension. If you’ve been waiting for the Ather Diesel or Activa Electric (launching in April), your subsidy is now secured.
2. The “Last Chance” Discounts: Kawasaki & MG
If you want a high-performance machine an today is your lucky day.
- Kawasaki Z650: The “Super-Naked” is available with a flat ₹27,000 discount until tomorrow night (March 31). This brings the price down to a stunning ₹6.99 Lakh.
- MG Motor India: JSW MG has confirmed a 2% price hike across its entire ICE and EV lineup starting April 1. Buying a Hector or ZS EV today could save you up to ₹86,320.
The April 1st Price Tracker: Buy Now vs. Wait
| Model | Price Today (Mar 30) | Price on April 1 | Potential Saving |
| Kawasaki Z650 | ₹6.99 Lakh | ₹7.26 Lakh | ₹27,000 |
| MG Hector Plus | ₹17.29 Lakh | ₹17.63 Lakh | ₹34,000 |
| BMW Lineup | Current Price | +2% Increase | Up to ₹1.5 Lakh |
| Tata Motors ICE | Current Price | +1% Increase | Up to ₹25,000 |
3. Sneak Peek: April’s “Mega Three” Launches
Don’t spend all your savings today, because April 2026 is bringing:
- Volkswagen Taigun Facelift (April 9): Now confirmed with segment-first 8-speed automatic.
- Toyota Urban Cruiser Ebella (Mid-April): Toyota’s first EV with a confirmed 543 km range.
- Triumph Speed 350 (April 6): The most affordable Triumph ever, expected at ₹1.85 Lakh.
4. Mahindra XEV 9S Dominates!
In a shocking sales report released today, the Mahindra XEV 9S has officially beaten the Tata Harrier EV in February sales, moving 3,539 units. It is officially India’s #1 premium electric SUV.