Should You Buy An Electric Car  

EV is only feasible if you have a good average run per month.. like they said 3000km per month.. else petrol is better

I'm waiting for 1st gen EV owners to rant about the battery replacement costs. They saved all the money to pay at one go for battery replacement 😅.

40 lakhs ICE car is anyway not purchased with the ROI mindset. Generally status or luxury purposes.

Upfront cost paid doesn’t justify the savings on the fuel bills

EV is feasible when you charge it at home with your own solar panels, which many in Germany with an home of their own have.

A man blew up Tesla model because they quoted $30,000 for battery replacement.

My uncle bought ev scooter. Around 3 years back. For 1 lakh & it has 120 km range. He travel 80km daily. As per his words, he approx saved atleast a 80k. What he started doing was started putting 4000 every month on some saving scheme. In total he saved 1.2l & interest is around 20k.ev has become a boon to lower middle class who need to travel every day for work.

No one talks about, 1. how long it takes to charge so one gets back on the road sooner, 2. how batteries dont work well in chilly conditions and extreme hot days, 3. How batteries deplete over 6-7 years, 4. If a battery catches fire, no fire system puts it off till battery goes out of fuel, 5. If you get stranded, you can’t fill your bottle with electric charge and get it back ON. While Hybrids make so much sense, these guys would sit on a cozy chair discussing ROIs because they really are business men. Who are too rich to abandon their EV and call for a backup car.

Not to mention the anxiety of not finding a charging station in time 😂

Adani uncle: wait till I increase electricity costs

In the present circumstances, economizing on fuel costs might not be practical. I speak from experience-I covered 360 km, recharging my car cost me around 1200rs. It's stressful dealing with unexpected battery drain, especially with AC usage. Finding recharge centers becomes a challenge with a range remaining below 100 km. While it's worthwhile in the city, we'll have to wait until recharge centre’s are more accessible, perhaps every 10 km, for it to make sense elsewhere."

How many cars run 3000 kms a month? That’s right 1%

Explanation for Novices based on comments: In Mumbai if you consume more than 100 units a month and divide the total bill by number of units consumed it comes to between Rs. 9.50 and Rs.10 per unit (the unit cost before all other charges is only Rs. 5.55) . In my last bill the higher per unit rate was 5.55 and the energy charge (265*unit rate at 3.45 and 5.55 slabs) was Rs. 1261. The total bill was 2560. So did I pay 1261/265 per unit or 2560/265 per unit? Now comes the initial setup cost. If you take a city like Bangalore a household has usually 3Kva single phase connection unless you have paid a lot for an upgrade to three phase connection. Apartments have to have their own transformer. So it you want a fast charger at home you need about 33Kva connection, need I explain why this is not possible?? So assume you use a 3KVA connection to slow charge the car, you cannot share this with the house as you will not even be able to switch on a single AC when charging the car. So you need a separate connection which costs about a lac+ without the wiring etc. for a house and if you are in an apartment you need a separate connection from the main line as you will not be allowed to use the transformer in the complex as that will overload it. So to compare cost, the interest of the upfront connection cost (1lac+) will be minimum10,000 a year (assuming less than 10% interest rate + maintenance) and assuming the average of 10000KM for a car per year and 110 watts per KM that is about Rs.10 per unit of charging in addition to the Rs.9.5 per unit charged monthly. The bliss of not knowing the cost of anything, but able to spew numbers. (Rs. 6 per KW of electricity, in which country?).

No one tells you it will also be 30 minutes of fuel refill vs 30 hours of charging every month💀

Nexon EV - 15 lakh Nexon ICE- 9 lakh -------------------------- Extra cost - 6 lakh Avg Km/month - 1000km EV @ Rs. 1/km - Rs. 1000 Per year - Rs. 12,000 For 5 year -Rs. 60,000 ICE @ Rs. 10/km - Rs. 10,000 Per year - Rs. 120,000 For 5 year -Rs. 600,000 *Total cost (Excluding Repair and Maintenance) --------------------- EV- Rs. 15,60,000 ICE- Rs. 15,00,000 ** Considering the price 15 lakh car will have a higher EMI and interest as compared to a 9 lakh car. **Also After 5 years Battery replacement cost Rs. 6,00,000

My total run on Petrol Car is 43k in 11 years. So no EV for me. For an average buyer same holds true. Most people have per month running in few 100 kms only. So it didn't make sense to buy Diesel car 10 years back for extra 20% price. So it doesn't make sense to spend 50-60% extra on EV now. That extra spend itself can run a petrol car for the entire lifespan. That's without factoring in the cost of replacement of batteries if need be.

I live in Scandinavia. Harsh winter and I travel around 40000km per year. I prefer traveling in comfort but not necessarily to be in luxury. Need to draw a trailer sometimes, because of my bad knee, vehicle should be a SUV. When I consider all these, all of a sudden the cost of car would be around 100,000 $. For less than half of it, I can buy a really good diesel SUV. As I change my vehicle every two or three year, financial loss would be much higher with an EV.

Simple math : Pay 50% extra upfront to save money on fuel cost 😂 Avg. time taken to break even will be 5-7 years (by that time you might need a battery change or upgrade to a new car) 😅

I feel so sad when I see that the main criteria for decision making is still cost..... Reminds me of the ad from years ago where a guy looking at a massive yacht and asks "Kitna Dethi hai?".

Meanwhile I who travels by bus and train, laughing in the corner 😏

I think Hybrids are better options then all out electric those who have too much driving in a month.

This one rupee per km concept is bullshit. Unless and until you are charging your car from your own house using the brands charger you cannot even come close to expecting that efficiency. Anywhere else where you ll try to charge you'd be charged with the commercial rate of electricity costing 12 per km.

I have brought an 2 wheeler EV. Ola s1pro. Have ran it 8,400 kms in 8 months. I have saved thousands on petrol. Whereas by far have paid only 1100 for electric charging. The maintenance has been astonishingly 0 absolutely and it runs too damn good with the best of comfort. Problems: The built quality is very weak. Charging time is 5/6hours

And currently one kilo watt battery is 25k, so every 5 6 years we need to replace battery in electric car, no one is speaking about that cost

I brought an electric cycle its 30 thousand Rs. Its amazing. No need for fuel, benefits of a scooter and being able to pick it up move to the pathway and keep going. I charge it with the office electricity so i spend 200per month overall on the cycle because of regular maintenance check up.

This guy Punit Goyal never paid salaries to employees in his solar company in Mumbai.. his dad used to abuse employees.

Ev scooter if charged right, the battery will come for atleast 1200 cycles. Definitely more too. With that ola s1 bro will run bare minimum 1.2 lakh kms even if you consider 1% per km. Definitely more if run in eco etc. With that much milage, you will not only recover the cost of the vehicle but also replacement of the battery with that savings which can run another lakh if nothing goes wrong. I've not seen any resale value for petrol scooter which has run more than a lakh kms. Also let's say you bare the cost and replace the battery, now the electric scooter is as good as new. Smooth and everything. Whereas, a petrol scooter will have a lot of issues. Mileage, vibration, emission etc leave aside the service cost every 6 months.

forget about the cost of the vehicle, cost of battery are so high, ola electric's battery costs around 90000 rupees. After every 8 years you would need a definite battery change. in case of any damage before that forget about ROI , you would be forced to buy a new vehicle

I am as NexEV owner after 2 years telling you the truth in simple one liner. " IF YOU ARE buying car just for aspirational purpose and will just take your car to family gathering to show you have a car, or go for long drive once a month definitely go for petrol car. If you are using your car for any purpose go for EV."

The car they refer in the video is so small that if you buy a cng powered car bigger than that, it will stilil save on initial cost and also be very comparable on fuel. And also understand that the bigger electric car you buy the more luxury it becomes and that makes them expensive and less efficient. If you want real saving, electric bikes are the only viable place where you will notice it.

I think we don't have a proper infra (power stations everywhere) for ev's in india yet. Ev's will make sense after 3 to 4 years in India ig...

But after few years , if battery dies. The replacement will cost 60% of the car value which is like never ending emi .

You have to change the battery after almost every 5-6 years and the battery itself cost more than 50000

Pls also take into consideration mishaps etc..imagine if you have to change the battery, all savings and calculations go to the dump.Also cobalt is mined in Congo under suspect conditions..EV is promoted by govts promoted by puppeteers who have already heavily invested in the battery and related stocks.

EV buses private which go from location to location. Very proftable inMetro Cities. Canresuce polution, canreduce traffic.

So what should we buy ev or not I mean give me the gist

But the biggest elephant in the room is replacing the battery unit after the warranty. It costs a fortune for the battery.

It costs almost equivalent to your car value to replace the entire battery pack if something goes wrong!! (Example 10 lac car = 6 lac battery pack !!) Not every company is TESLA !! Well I have diesel and I am enjoying it 😅

And then the person with ambassador car enters the room

Fool after 5 years 6 lakh to 10 lakh for battery in EV If I buy 10 lakh EV then 5000 emi per month after that 6 lakh battery 4000 emi per month for next 5 year Kisi ar ko banaoo EV chutiyapa hai

People buy EV for comfort, NVH, democratising acceleration. Monetary benefit is purely psychological unless the prices come down. Resale value is another story. It will depreciate in line with electronic devices.

Imagine if all ice gets replaced with evs and every car is taking 30mins to charge at recharge stations , things will be messed up badly , ev is good until its in your city and within your range of home charging , you need to rely on ICE until a good charging technology gets widely accepted and implemented all across the nation , also power cutdowns and incosistent power supply still exists in tier 2 India

I ride ola s1 pro nd fall in love with features earlier i was looking for activa 125 But budget was not a great problem for us because my father got 50% subsidy in electric scooty for good performance in month so my father gone for ola Also since my father is an secl employee our electricity bill is just nothing we run 4 ACs in our home in summer nd bill only comes under 300-400 We are from korba, chhattisgarh (hub of coal mines) For us electric scooty makes more sense than petrol

An Mg Zs ev owner I know, got stranded in the middle of the road, and later decided to sell it. He said that's the danger or risk when you buy an electric vehicle.

Range anxiety, initial costs difference, battery replacement cost, limited options to choose...... EVs have a lot to sort out as of now.

The last guy said it so fast that I wasn't able to understand it. So I have to watch the video five times

The pain of Charging the car is priceless 😂

On a side note if you dont travel much in car in a year using ola uber is even better decision then buying car petrol or ev

We need affordable EV cars that can run 150~200kms city run and an option to rent out battery to extend range just like Bounce infinity.

Whatever, Fuel driven cars are the best for any person who loves driving.

Thank god no one talked about saving the environment. Also, battery deterioration impacts resale if there is any. But if you own an electric, ur avg run will shoot up too because in your mind it will be 9 rs saving per km.

EVs are lovely to drive so one should buy an EV regardless as long as one can afford it.

Repair cost of an EV is high (contrary to what people think). Even minor accidents can require change of battery. Plus the lack of charging stations. Hoping both these issues will get solved soon. Love the noise-free driving experience and the cost savings on fuel.

If you're rich and going for an electric car, it makes a ton of a difference especially in terms of bhp. For eg. In bmw ix1 the bhp is 313hp and it costs about 70 lacs in India which is similar to bmw X6 and above 1 crore. But the main problem is the mileage. With the IX1 you can go nearly 350 to 400 km with a full charge and costing only about 1500-2000 while with the X6, it'll cost more than 11000-12000 inr for a similar range. Plus there's acceleration lag in comparison to EV.

Battery cost will only go down in the future because there will be more companies making batteries. Range can actually increase in future after battery technology improves.

Get used to having a permanent car payment, by the time it's paid off your battery will probably be close to crapping the bed. Assuming you can even get a replacement(a lot of them get discontinued so you can't) it'll cost more than what the car is worth. Right now Tesla is about the best, and they only warranty theirs for 150,000 miles. I like my vehicle, I don't want to be forced into trading it in after I've done a lot of work to customize it for me.

People don't consider the fact that you need to replace the battery every 12-14yrs and it will cost you between 45-65% of the total vehicle cost.

Resale value left the chat

Just buy electric to breathe oxygen and not carbon monoxide on the road. The biggest saving it will do is on your hospital bill

I still bought Nexon petrol coz I hardly take out my car . I guess I might drive it for 100-150 kms a month. It’s not practical to take out car in Mumbai traffic . Bike is the best

There would also be battery changes every 3-4 years that would at least cost 20 thousand and above

Upfront cost, average run per month, and most importantly battery replacement cost after 1-2 years or 3-4 years depending upon type of battery.

First thing first there is no ROI on cars as they are depreciating assets. However you can offset the costs with fuel savings to some extent. So basically they are saying if you buy 40L EV we won’t get the ROI if you buy 2 cars (1 Petrol and 1 EV) both running average 1000 kms a month. - Running cost of petrol car would be ₹10,000 - Running cost of EV would be ₹1,000

Better not to have car in crowded cities or if you don't travel buying car is easy but maintenance will make u shit your pants

Here are some cons: Battery loses power after 1 year and range decreases year by year Charging time of 5-6 hours. High service charge. Very high cost of small electronic parts and electronic sensors. Savings on electricity vs petrol per km is peanuts. Go for petrol. The electric vehicles is for rich people who want to cleanse their conscience by saving the environment.

If you talk about ROI, then it’s true that ICE is cheaper than EV. But if you consider emissions EV’s should be used at-least 9 years to be more eco friendly than ICE

idk man... i m more rational about it. A car is a car, buy whichever one u like. Only difference being for fossil fuel cars u pay [ car + fuel + maintencance ] and for electric cars u pay [ car + no fuel + maintenance ], so your wish... it's a personal asset which makes your life easier, dont go looking into if an electric car is worth paying for , accordingly if it saves you enough money on fuel. Becuz you are not running a business like airlines to run a profit, by buying vehicles and using them to get your money back slowly. That's now how personal cars work. personal car is more like a private jett you purchase, it's about how much convenience it is and how uch time it saves for you for your other businesses.

What about the secondary sale after taking into account the deterioration of the lithium ion battery? The replacement cost of a battery also needs to be accounted for when calculating your ROI. My view on this, considering the skeletal infra to recharge cars, is to go the hybrid route. IC engines complemented with a battery for low speed city driving.

That's were people make mistakes . Slab rate changes on the increase in the unit consumption

What's your analysis on CNG vehicles.. considering bioCNG..

And you have to pay atleast 5-10 lakh for battery replacement after 8-10 years.

But even with an average run per month, it also depends on where you use it as the mileage per full charge will vary depending on where it is running (traffic).

In all this discussions about EV and ICE , everyone has forgot about Hybrids which brings in the best of both the worlds. Even the Govt for some odd reason is providing step motherly treatment for Hybrids, even though it is a better option for most Indians

keep looking for a charging station while traveling 😂

problem is for someone like my family who does have really high running, it's mostly on highways where EV charging infrastructure is still mediocre at best

Recently I took my activa into 1 feet of water logged road during chennai flood. Water seeped into the gearbox. Minor repair and it's back on road. Can you say the same for ev.

Please also compare the price difference between both cars and then calculate your running cost. In how many years will that be equal

Only feasible when 1. Average run per month is high 2. A trip distance shouldnt be more than say 150 200 km based on the car. So many short trips makes sense.

Like I’ve always said even for people who view cars as just transport from A to B, an EV is good only if you’re rich enough that you have at least one more car in your garage that’s not ev.

What about the after sale of EVs? I always hear about range with EVs, but what after the battery life dies or buying pre-owned?

What about the electricity bill that you pay? Since in my state, beyond certain units of consumption for the household, the cost of each unit is double the price.

Okay hear me out you have a budget of 30 lakh and you wanna travel in luxury but also save fuel money, hence it is logical to buy electric variant of the particular model

Why to think ROI in everything that you think of buying? Buying is not only related to usage. Why do you buy an umbrella if there is no ROI to its investment. Right? Then would you get drenched? If yes then what's the ROI on investment in clothes that would get wet and you need to wash dry iron and hang it in the wardrobe? Ohh.. forgot to add the cost of home, furniture, car + fuel + driver cost to get the washing machine + detergent powder, electricity bill for ironing, or the laundry cost , extra pairs of clothes, housemaid salary, oops .... "There is too much to think about. So, just relax. Some things, sometimes are useless but they are necessary." What's the ROI on the haircut? Is it only the barber charges?

Then what is the battery life and will the avg remain the same every year

1rs/km is in ideal conditions, there's a study that says it cost 6rs/km

Two biggest disadvantages of EC 1. Charging, who is gonna sit for hours in a busy country like India where u get frustrated in a petrol queue. 2. Local Mechanics who do not know shit about EC.

Also consider the full suite battery replacement at the end of five years which for a car priced around ₹10L is half of the value i.e, ₹5L.

What about the cost of purchasing the new battery after the pre fitted battery dies ?

Never gonna buy an EV over the pure power symphony of IC engine and the blazing sound ❤❤❤of IC engine man that hit so hard 🎉🎉

What about battery replacement cost and pollution because of landfilling of those used lithium ion batteries?

Meanwhile as a person who hs a odometer reading of 2000 km after 7 years for an Ice car.We have to import crude oil at a higher cost wheras electricity can be generated locally

But what about battery degradation where you have to replace the battery that costs half the car. Resale values wouldn't be anything close to an ICE . Hybrid options will fare better by a lot

If you like the Refinement and the benefit of running AC while idle ……

The problem here is that in heavy monsoon there's no power... So how to charge...!? And electricity is getting costlier too. It was 4rs/unit became 6.5rs/unit now 9.5rs/unit

3000 km in one month??????? You need to drive a cab to get that

Let's say I want to replace the battery in a BEV, coz it goes dead after some years, then the replacement cost is too high. The cost of EV itself is on the higher side. Comparing those costs, both ICE and BEV's total ownership costs are almost same. Don't understand why people don't get it.

It also based on how often it will require to change those batteries

Billionaire making us feel chindi😂😂😂

And when do I need to replace the battery ? How much does that cost ?

Insurance companies: hey what about my take??