GulfHindi English Desk: If you are considering purchasing an electric vehicle to save on your daily petrol expenses, it is important to also consider the costs associated with battery replacement and other expenses. Initially, electric vehicles may seem more expensive compared to petrol cars. For example, you can find a good quality motorcycle or scooter with a mileage of 50 to 70 kilometers per liter for around ₹80,000. However, for an electric vehicle with similar capabilities, you may have to spend between ₹130,000 to ₹150,000.
Although this may seem like a significant price difference, if you calculate the amount you would spend on petrol instead, it is only a difference of ₹50,000. With petrol prices at ₹100 per liter, this amount can get you around 500 liters of petrol. Considering that you won’t be buying all 500 liters in one day but instead over a period of time, the money can remain in your bank account and potentially earn interest.
Moreover, with 60 kilometers per liter mileage, 500 liters of petrol can take you up to 30,000 kilometers. In comparison, if you cover these distances with an electric vehicle, you will need to pay a minimum of ₹5,000 for electricity bills.
However, the real challenge begins when your vehicle has covered a considerable distance, and battery-related issues arise. To fix the range issue, you may need to replace the battery, which can cost almost half the price of a new vehicle.
Additionally, insuring electric vehicles is not easy, and heavy charges are applied. If the battery replacement issue arises, whether it is a motorcycle, scooter, or Tata Nexon EV, the cost can be quite substantial.
To understand all these expenses in detail, you can visit the following link: [https://en.gulfhindi.com/ola-nexon-ev-arther-battery-replacement-cost-and-insurance-will-blow-your-savings/](https://en.gulfhindi.com/ola-nexon-ev-arther-battery-replacement-cost-and-insurance-will-blow-your-savings/). It is important to have accurate information to make the right decisions about your money.
en.gulfhindi.com News Summary
👉The initial cost of electric vehicles is higher compared to petrol vehicles.
👉Electric vehicles require battery replacement and other expenses in the long run, which should be considered.
👉In the beginning, petrol vehicles are comparatively more expensive.
👉Purchasing a petrol vehicle for ₹80,000 will have a difference of around ₹50,000 compared to spending ₹130,000 to ₹150,000 on a high-capacity electric vehicle.
👉The extra money spent on a petrol vehicle can be used for buying approximately 500 liters of petrol, considering the current price of ₹100 per liter.
👉If you buy 500 liters of petrol, you can travel up to 30,000 kilometers with a mileage of 60 kilometers per liter.
👉Electric vehicles require minimal payment for electricity consumption, which can amount to around ₹5,000 per year for a similar distance traveled.
👉Battery replacement for electric vehicles can cost approximately half the price of a new vehicle.
👉Insurance for electric vehicles also incurs heavy charges.
👉It is important to consider the cost of battery replacement and insurance when purchasing an electric vehicle.
👉The link provided contains detailed information on the cost of batteries and insurance for electric vehicles.
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