Does the Tata Punch EV price justify its features and competition?

The Tata Punch EV is an affordable electric SUV, but its pricing has thrown up mixed responses from potential buyers and EV enthusiasts alike. It is very expensive compared to its ICE counterpart (approximately 12-15 lakhs on road). They argue that the premium is deserved, thanks to the advanced EV technology, long range battery and ventilated seats, along with a large infotainment system. But, others believe that the price is too high for a compact SUV that is merely an electric version of a regular car, compared to slightly larger EVs such as the MG ZS EV or the upcoming Mahindra XUV400 Electric. The value proposition of Punch EV is often discussed with aspects such as lower running costs, government incentives and the complete EV ownership experience in India.