EV vs Petrol / Diesel Cost Comparison

Compare monthly running costs and 5-year total savings between electric vehicles and traditional petrol/diesel cars in India.

Interactive EV vs Petrol / Diesel Cost Comparison
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Formula & Calculation Methodology

Annual Fuel Savings = (Annual km ÷ Petrol Mileage × Petrol Price) − (Annual km ÷ EV Range × EV Charge Cost).

Step-by-Step Worked Example

Annual Driving: 15,000 km | Petrol Car: 15 km/L @ ₹105/L | Electric Car: ₹1.10/km

  1. 1. Annual Petrol Cost = (15,000 ÷ 15) × ₹105 = ₹1,05,000 per year
  2. 2. Annual EV Electricity Cost = 15,000 × ₹1.10 = ₹16,500 per year
  3. 3. 1-Year Fuel Savings = ₹1,05,000 - ₹16,500 = ₹88,500
  4. 4. 5-Year Cumulative Savings = ₹88,500 × 5 = ₹4,42,500
Result: 1-Year Fuel Savings: ₹88,500 | 5-Year Cumulative Savings: ₹4,42,500

Compare EV vs Petrol Car 5-Year Ownership Savings

Calculate if buying an electric car pays back its upfront price premium through lower running and maintenance expenses over a 3-year or 5-year ownership tenure in India.

Frequently Asked Questions

Is an EV cheaper to run than a petrol car?

Yes, EV running costs (~₹1/km) are typically 80% lower than petrol cars (~₹6-7/km).

How many years does it take to recover EV price premium?

For motorists driving 1,200+ km monthly, the ₹3-4 Lakh initial EV purchase premium is typically recovered in 3 to 4 years through fuel and service savings.

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