U should have considered fuel price rise by at least 5%p/a. Increasing running charges for more accurate calculation. For example when I bought my car it was 68/ltr, now after 8 years 98/ltr.
When i bought CNG car, cng was 25 rs, and now 80.. so be ready for 3-4 times costly ELECTRICITY also, in 7-10 years.. as demand will raise, price will shoot up..
Electricity rates per unit differs to number of units consumed. In Delhi who are getting free electricity to 200 units if their electricity consumption increases they have to pay the electricity bills too. As well as electricity demand is increased then electricity rates per unit gonna increase too.
I have got ₹2.5L subsidy in Maharashtra making cost less. Used this saved ₹2.5L to install solar power and now the running cost of vehicle is ZERO plus 100% savings on electric bill. 😊
This comparison is meaning less. EV and petrol car both has there own advantage and disadvantage, target audience. But everyone should agree that comfort and features wise EV is far far better than their IC engine version. In short EV is more luxurious, you cannot calculate the cost of luxurious feeling or premiumness. Why I am saying this? Just a test drive of EV. It is like you are comparing iPhone with a budget android phone. DO YOU PEOPLE DO SAME TYPE OF CALCULATION WHEN BUYING A MOBILE, CLOTHES OR ANYTHING. HERE I GAVE EXAMPLE WITH IPHONE BUT IT MIGHT BE DIFFERENT FOR U. THANKS FOR READING.
One flaw on the analysis is - it missing to consider if a person wishes to purchase the vehicle taking a loan.. There is an additional tax deduction available for the Interest paid on the loan, which is meaningful… However overall a good video 👍
Tata EV batteries can be charged 3000 times when properly maintained. which means it can last for up to 3000 x 250 Kms minimum = 750000. This translates into toal savings of 40Lakhs. Gadi khatam ho jayegi battery se pehle.
For electric vehicles, one can also claim income tax exemption under section 80EEB each year for the interest paid on the loan amount to purchase it. That's yet another benefit.
Yes that should be the one of the important factor considered. In best case you could save 30k a year if your loan interest exceeds 1.5 lk and you fall in 30% tax bracket.
Great comparison. Being a financially savvy & Tech Enthusiast I was also suggested by many to purchase a Petrol vehicle. I have opted to purchase Nexen EV MAX. These are some points which I think should be considered which would be a fair comparison. 1. Not sure but almost 80% people would be purchasing car with Loan. There is Interest Tax benefit also under 80EEB. 2. Taking account of Tesla's experience, Car batteries last much longer than car itself. They degrade but still are usable up to 80 capacity (Range) after almost 10 years. 3. Having Solar panel installed at home I am virtually running car for free. 4. Maintenance is almost negligible compared to ICE engine as this has only Electric Motor as Engine. Yearly/ 15000Kms needs Gear oil change which costs only 1900 Rupees. 5. Having Regen to slow down the car, tires and brakes are also not used as frequently so they last longer. Having these benefits, the breakeven would be of higher price would be in almost 3-4 years only.
मैंने पांच साल पहले एक इलेक्ट्रिक सकुटी खरीदी साथ75000 रू में नया खरीदा था, पांच साल जमकर उस पर 5 हजार खर्च मेंटेनेंस आया. चार साल बाद उसमें 12 हजार रू का बैटरी डलवाया. फिर वो पुरी तरह जाम हो गई, दुकान वाले ने 8 दस हजार का खर्च बताया. फिर मैंने उस सकुटी को कबाड़ी को विनती करके 1500 रू में बेच दिया. जबकि मै सकुटी को सिर्फ हर दिन 10 कीलोंमीटर ही चलाता था. अब मेरे पास होंडा एकटिवा है, शेर की तरह चलता है, ताकत के साथ.
Hello Sir, I feel you have skipped 2 very important points in this video and I suggest you create part 2 of this video explaining those 2 points. 1 - Buying the vehicle on loan for say 5 years (70% of the on road cost), 2 - If the vehicle is used commercially (my calculations show that you can recover the cost in only 3 years even if you are using it 150 KM daily / 54750 KM per year). I have also found that fast charger will take 60-90 mins to charge the battery for 80% which is okay considering the cost benefits, and all of this considering the per KM cost of Rs. 1.4 (double cost than explained). Thanks
आप ने यह भी बताया हैं अगर हर कोई इलेक्ट्रिक कार लेंगे तोह बिजली भी मेहेंगा हो जायेंगे क्योंकि सरकार को टैक्स पेट्रोल से निकल के बिजली पर शिफ्ट हो जायेंगे और ज़ादा मुसीबत पैदा होगा हर घर से😃😃😃😃क्योंकि बिजली महंगी होगी😄😄😄
Great financial comparision between petrol & EV variant of Tata Nexon! However, what I didn't understand is why you picked up such expensive EV variant when we have affordable option (Tata Tiago EV) also available now which was launched on an aggressive low price. Secondly, not sure if I have missed anything here, have you considered the fuel price rise for the next 15 years. I know electricity cost also gonna increase, but not at the same rate as petrol. We should also consider a point that India has to import petrol from foreign countries who are dominating the world now, whereas electricity can be generated at an individual home using solar plates which can be actually free for a lifetime. I would appreciate if you could include these points while comparing Petrol vs EV vehicle.
@@daynighttraveltrip9086 Also there is myth spread around regarding battery replacement. You won't always need to replace the entire battery. Battery includes cells. These cells can be replaced and its cost is affordable. I call such people 'Anti-EV lobby' who keep spreading negative myths about EV.
if selected expensive EV that's why he is doing comparison with Nexon petrol. if you are saying for tata taigo EV and Tata tiago petrol also having a good amount of difference.
@@GuyBehindAComputer bhai, 10 saal mein battery hi replace krna padegi. 1 -2 cell ni kharab honge, technology hi aisi hai ki abhi itni hi life expect kr sakte ho aap.
Dear Yogiji, I recently came across your theory about electric vehicles (EVs) not being a value-for-money choice compared to petrol cars, and I wanted to share my perspective on the matter. Firstly, you mentioned that the excess amount spent on purchasing an EV could be invested in the share market or mutual funds to generate good returns. While investing in the financial markets can potentially yield profits, it's important to consider a couple of points regarding your theory. Nobody buys a car with cash: In reality, most people purchase cars through financing options such as bank loans or leasing. When you opt for a loan, the additional 5 lakh rupees you mentioned would add to the loan amount, resulting in a slightly higher monthly payment. In this case, your theory of investing the excess amount wouldn't apply directly since you are still required to repay the loan. Where will the excess 5 lakh come from if you are buying it via a bank loan? If you are considering taking a bank loan to buy a car, the loan amount will cover the full cost of the car. In this scenario, there won't be any extra money available to invest in the share market or mutual funds. The loan repayment will be based on the total cost of the vehicle, regardless of whether it's a petrol car or an EV. Additionally, it's important to note that evaluating the value for money of an EV extends beyond the initial purchase cost. EVs typically have lower operational and maintenance expenses compared to petrol cars. The cost of electricity required to charge an EV is significantly lower than the cost of petrol. Moreover, EVs have fewer moving parts and typically require less frequent maintenance, resulting in potential savings over the long run. Furthermore, various governments and organizations offer incentives, tax benefits, and subsidies for purchasing EVs, which can help offset the initial higher cost. These incentives, combined with potential fuel and maintenance savings, can make owning an EV a more cost-effective option over time. It's crucial to consider the broader picture when assessing the value for money of EVs. The transition to electric mobility is gaining momentum globally, with advancements in technology and infrastructure further enhancing the viability and appeal of EVs. I believe it's worth exploring the comprehensive advantages and disadvantages of EVs before making a judgment solely based on the upfront cost.
Overall good video. few more points you can add - 1. Petrol price in future 2. Oil extraction from sea or earth. 3 Oil refineries take energy to provide petrol. 4. India is moving away from coal at good speed. 5. Delhi polution need to be fixed, even if it take 2x price.
It is wonderful analysis Sir ,yes cost wise won't make sense ,but we have missed a parameter- petrol price inc last 15 years it increased from 33rs to 100rs avg of 13%
@@deemat8814 that's not a problem here because we get free electricity for EVs and if you use solar panel then your running costs would almost 0 apart from maintenance
Complete incorrect Analysis as auther completely missed a big factor of steep petrol price increase deliberately just to prove points. There is no comparison from Petrol to EV Cars. EV and Hydrogen is the future. If i consider Petrol price hike (eith comparatively comparing electricity hike) I reached at 2.5 years break even point. so next 5 years i am using car free without any heavy maintenance.
if you are adding multiple investment options on Petrol, I believe you should also include 80EEB tax benefit for TVs as well. that will definitely help in saving 40-60K every year on loan Interest. Plus a customer can invest rest of the amount to some FD or MFs and also convert that amount into benefit after purchasing an EV. Qki sırf petrol vehicle lene wala smart nhi ho sakta, EV wala bhi ho sakta hai. Thank you.
Thank you... I thought I made a mistake buying a petrol vehicle. Your vehicle made me realise I made the right decision. I will buy an EV after 10 years.
You should've chosen same models. Features also matters. And price difference comes down to 3 lacs. Though EVs are only good for Delhi or cities with 0 RTO, otherwise you can't recover extra money paid. Still nice analysis.
Electricity rates per unit differs to number of units consumed. In Delhi who are getting free electricity to 200 units if their electricity consumption increases they have to pay the electricity bills too. As well as electricity demand is increased then electricity rates per unit gonna increase too.
Fact check: It is around 30% currently. Also, the battery cost has reduced 3 times in about 7 years. Very likely the prices of battery might come down to 15-20% whereas petrol prices seems like would touch Rs. 200 in 7 years.
@@gul_shaan_04 Demand bhade par fossil fuel nahi hai na electricity. Aaj coal use ho raha hai hal solar use hoga. But petrol toh khatam ho jayega na. 2015 prices of petrol increased from 2015- 61 vs 106. During the same time electricity prices increased- 4 vs 5. I hope you are getting the point.
Please update your information. Battery will last beyond 13 years plus as history of last 13 years shows us. Plus these batteries are made of individual cells and only few cells will be go bad. They can be replaced . No need to change the entire battery. Unless you submerge the vehicle in water or burnt by fire or broken in pieces only then you need to change entire battery .
बाकी सब तो ठीक है लेकिन यदि 8 से 10 हजार महीने का पेट्रोल की राशि बचती है और उस रूपए का आर डी , मैचुअल फंड, sip इत्यादि में डालते है तो उसका वैल्यू भी देखना होगा।
Actually it is a biased analysis, that always tends towards fossile fuel vehicles, because it is a huge industry ranging from developed nations to Indian government as well, because fossil fuel is next to impossible to make production and refining of fossil fuels for an individual person, but electric vehicle runs on electricity, that can be produced by simple way like Solar Panels & wind mills in India where at most sunshine in India atleast for 8 to 10 months, so you are atleast get freedom from transportation cost around 80 to 90 percentage. Below other points are 1) missed price hike in petrol is not considered 2) tax benefit in car loan around 1.5 lakh 3) the money you are saving in petrol also could me invested 4) after 15 year you need to scrap your vehicle, and for diesel it's 10 year. But in electrical there are no certain conditions, even they can be renewed more easily, because changing the motor n battery are the major part in it. 5) in coming days they will become cost effective as well.
Yes totally agree with you. 14:48 the charging time mentioned for fast chargers is completely wrong. Max it only takes 50-60 mins for fast charge and we can eat our meal in that time and car will be fully charged. Also the maintenance charges mentioned are quite high, it will be avg around 2-4k as suspension etc are changed after quite a long duration. So 2-4k avg is much more realistic cost. Also the emissions during battery making are much less as compared to full lifetime running emissions of diesel/ petrol vehicle plus lion batteries are also recycled. And most importantly petrol prices are not fixed and are going up day day and will cont. to go up in future. If we use solar panel then that is clean energy for our car which will be FREEE. Most of us are not that much financially savy/ active so to get 10% returns from that isn't an easy task and req time and attention. Also in FD there isn't that much of saving. So overall I also thought it was kind of a biased review towards fossil fuel cars. We are not thinking about the amount of pollution it will create for running in those 15 yrs. but are only caring about few % of returns which we can make. What will you do with that money if you and your children won't be able to breathe clean air and then would go to hospitals regularly. At the end kharcha to ho hi gya na. Think comprehensively taking into account all the factors.
अगर electricity वाली कार बेहतर विकल्प नही है तो सोलर उर्जा वाली कार क्यो नही बनवा रहै अब बिजली कार खरीद मे लुटा वायेगे फिर सोलर कार मे लुटवाये गे,जनता सब देख रही है। धनवान को धनवान और गरीब को गरीब बनाने का यही फार्मूला है। फिर कहे गे बिना ड्राइवर वाली कार आ गयी ये खरीदो। घुमा फिरा कर जीवन भर की कमाई 20 घरानो को देदो, देशभर की जनता की दौलत 20 घरो मे इकट्ठी कर देने को मजबूर कर रही और मध्यम वर्गीय जनता मजबूर हो रही है। भारत मे युवाऔ को गरीबो के बच्चो को काम करने कमाने का मौका बडी मुश्किल से 35 वर्ष मिलता है। अब आगे देश भक्त जाने या तुम जानो।
Some points are missing. 1. Hike in fuel cost in next 15 years as compared to Electricity cost. 2. Lower interest rate in case of EV Cars. and 3. as you invest upfront savings at 10.0% in MFs, in the same way one can invest daily running cost savings (Rs. 7.00 - Rs. 0.70) in any SIP...What you say?
Tata EV batteries can be charged 3000 times when properly maintained. which means it can last for up to 3000 x 250 Kms minimum = 750000. This translates into toal savings of 40Lakhs. Gadi khatam ho jayegi battery se pehle.
@Dave Lawson for people who buy cars that last really really long, Tata electric cars are the best bet. it will last for 20 years with low cost of running. it's also good for people who enjoy the thrill of torqy EVs
Great financial comparision between petrol & EV variant of Tata Nexon! However, what I didn't understand is why you picked up such expensive EV variant when we have affordable option (Tata Tiago EV) also available now which was launched on an aggressive low price. Secondly, not sure if I have missed anything here, have you considered the fuel price rise for the next 15 years. I know electricity cost also gonna increase, but not at the same rate as petrol. We should also consider a point that India has to import petrol from foreign countries who are dominating the world now, whereas electricity can be generated at an individual home using solar plates which can be actually free for a lifetime. I would appreciate if you could include these points while comparing Petrol vs EV vehicle.
Aaj is video k view 2.6 lakhs hai .....after 9 days. No wonder agle 2 3 mahino me ye 1 cr tak touch ho to.....kyunki is video accha, simple to koi aur comparison video mil na mumkin hai.....aapka aaj tak ka ek aur best video sirji......
Still the comparison is not at par. If we have made an assumption of investment at purchase period. We should also have invested savings of annual cashflow for each year due to cheaper cost of running EV wrt Petrol variant. Right??
Things to consider : 1. Changes in petrol cost. 2. Foregone return on running costs of both cars. 3. Resale value 4. battery replacement cost is high now but maybe low after 5 years. 5. Better overall features in EV cars.
@@AssetYogi first of all most of middle class person buying car through bank loan, then how we can invest rest money. You are not assuming Tax benefits getting on it.
@@AssetYogi Do the comparative analysis where the car is taken on loan so your difference is the difference in installments. Add the difference in running costs and you will see a lower monthly cost for EV. Now take that saving and add 10% post tax investment return on that. By not considering the loan scenario you have taken the losses from purchase price up front and the profits from running cost over years thus losing out on investment returns.
@@omprakashjichkar5445 Initially Nokia mobiles are costlier but you see now a days more functionalities and less price of all mobiles are selling. Like wise hybrid model is more costlier earlier till electric model having fully functional means fast charging and lesser price will come in future days.
@@jayeshpatel2919 Yes jayesh! Agree that with time cost may come down, but same will be for electric only vehicles also. Why someone will opt for hybrid then? It is hardly possible that operating/running cost for petrol mode will be less than electric mode in case anyone using hybrid model. Eg. My friend who use CNG/petrol hybrid vehicle haven't used petrol since Jan 2021 filled in his car tank. For now electric hybrid is feasible as there not enough charging station available. But with time it will fade away.
Hybrid is dead end tech. You carry the weight of 2 engines making the car more expensive and less fuel efficient. It only made sense when battery tech was pathetic. Today Hybrid makes no sense.
Great Eye Opener ! Until Electrci beats the ownership cost of ICE engine, it makes no sense to buy them unless you are doing many miles everyday like taxi service
Initially Electric vehicles are seen as more affordable but we are very very wrong. Electric vehicles are comparatively more costlier than petrol vehicles as we calculate after 5 years that charging expenses, range, load capacity, speed, charging time, fragile body, off-road compatibility, spare parts, costly battery and no market for used e-vehicles, every segment has negative marking for e vehicles.
Thank you for your valuable insights.. however currently the Petrol XZ+ variant will cost on-road price 16L and Prime EV XZ+ around 15L (after subsidy) else 16.5L so not much upfront difference. And EV Max will be around 19.5L so the difference of rs 2.5L- 3L will be recovered in the next 3 years. Infrastructure is definitely a cons for next 2-3 yrs
for commercial vehicles that run 100+ km , breakeven will be < 4 years . For < 10 lacs . Breakeven < 3 years But personal vehicles eV not good idea financially at present price
1)One thing people are missing, battery requires rare Earth metal, if consumption of battery increases the cost batteries will exponentially increase ( those raw materials are limited) and so does the cost of Vehicles. 2) With increase in Electric vehicles, the energy consumption will also increase. Rough estimates average Units will be 0.5 Kwhr/km means if vehicles run 50 km per month 25KWhr per month , per year will be 300KWhr energy is required now multiple it with number of vehicles 7 crores ( estimate 4 wheels only ) = 21 TWhr of energy is required per year fun fact India has consumption of only 1600 Twhr ( 2019 to 2020) only. Imagine the cost of infrastructure required just to accommodate 7 crores vehicles only and the unit of electricity will increase because of that. Haven't included the amount of KWhr of units required just to manufacture those cars. 3) The amount of Carbon emissions just to create that much batteries, electric motors and recycle alloys. 4) The cost of replacing batteries. There are other factors like skilled labour requirements, charging stations etc. We need battery free source of energy this system is not feasible in bulk.
bhai 8 saal ki to guarantee company hi de rhi h battery pr to 5 saal m kese change kr doge?? + normally lithium ion battery ki avg life 12-15 saal hoti h... aur uske bad zero nhi ho jaygi.. range reduce hoti h... abhi agr full charge pr 250 km chl rha h to ho skta h tb 170km hi chle... aur uske bad bhi puri battery nhi replace krni... usme cells hoti h series me connected.... sirf jitni cells ki jrurt h utni hi change kro to cost aur kam hogi.... + 12 saal baad battery production India m ajayga aur cost of battery bhi km ho jayga
@@AshokYadav-he6kj Lithium batteries have the tendency to lose its efficiency over the period of time, take a smartphone use it for 2-3yrs its battery 🔋 performance decreases
@@kamleshkumaryadav1274 i have already covered that part... if now it is giving range of 250kms... after 20 years may be it will give 170 km.. but not become zero ... and that too we can improve with replacing some cells only... not need to completely replace the battery.... annual decreasing rate is about 1-2%
@@AshokYadav-he6kj Bhai lithium ion battery itni nahin chalti hain, laptop main to 2-3 saal main change karni padti hain kyonki vo kharab ho jati Hain or electric vehicles main 3-4 saal main uski range 200 km se 100 km ho jayegi aur 8 saal main battery 10 km ki range dengi
@@hemant3332 bhai apki iss jankaari ka source bhi share kr do... jitni bhi research hui h lithium ion pr.... usme uski depreciation rate 2% hai saal ka... mtlb 10 saal me uski range 20% km hogi.... mtlb 250 km range wali gaadi 10 saal bad 200-170 ke bich range degi... + abhi auto expo me aluminium battery bhi show kr di h tata ne tiago pr lga kr... joki lithium ion se 1/3 h cost me aur size bhi chota h aur upr se range 700km k ass pass h usme... ese hi dhire dhire 5-10 saal me technology ev segment me bht jada age chli jaygi.... tb tk aaj ki sari problems khtm ho jaygi
This video is mainly about four wheeler not two wheelers.Two wheelers are used mostly for city use.If you have running of 25-30kms per day,then you can save a lot of money on petrol.Also , battery prices are going to reduce in future as companies like ola, Amara Raja have started setting up battery cell manufacturing units.Also don't forget about the ever increasing cost of petrol.
Exactly, i bought an Ather 450x which cost 1.6L on road and if i had bought an Access 125 top model it would cost 1L. With daily travel of 25-30km Access would cost around 2k-2.5k and ather costs around 200-250(this can be free if you use grid 😝). And if i invest the remaining money and get 10% interest i can get good returns after 5-8 yrs so overall 2 wheelers are better compared to 4w-ev.
वीडियो नेगेटिव सोच के साथ ज्यादा बनाया हुआ है टू व्हीलर के मामले में इसकी सोच फ्लॉप है फोर व्हीलर ऑटो टू व्हीलरफोर व्हीलर और टू व्हीलर के पुर्जे बहुत महंगे आते हैं
वीडियो नेगेटिव सोच के साथ ज्यादा बनाया हुआ है टू व्हीलर के मामले में इसकी सोच फ्लॉप है फोर व्हीलर ऑटो टू व्हीलरफोर व्हीलर और टू व्हीलर के पुर्जे बहुत महंगे आते हैं
Sir in your calculation, you missed interest on fuel saving and many other things. Kindly consider Net Present Worth method for all the expenses in your future calculations. Thanks 👍
Some of the wrong data you noted, which I think you should be reconsider... 01) You are comparing basic automatic variant of Petrol XMA vs Top variant of EV XZ+ 02) 07:27 I couldn't get the point, How did you assume that the amount saved 5.98 lac is in the form of money. if I have 5.98 extra money, I will increase my down payment amount... 03) Rate of Petrol on 31 Mar 20 ~ ₹ 70 /Itr & on 31 Mar 23 ~ ₹ 105 /ltr avg 15 % hike /yr in the last 3 yrs... 04) Maintenance cost or Servicing Cost is also one factor I think you should think about all these points again... & Btw I appreciate your efforts 💯 👍
Wow 360 degree analysis with excellent model sir to help us by rational way. However, with the economic scale of production, I think the EV price would be reduced but again it needs a boost up in demand from the socially aware customers.
Bhai aapne EV ka jabardast grass root analysis kiya hai, mere aur mere jaise lakho logon ke sabhi answer bhi aapne de diye hai. Appriciate your hard work in this deep analysis 🙏👌👍
एक खास बात की आप ev को ज्यादा दूर तक तेज गति से नही चला सकते क्योंकि बैटरी तुरंत खत्म हो सकती है और किसी अप्रिय स्थिति में आपका ज्यादा बड़ा नुकसान हो सकता है। एक वाक्य याद है मुझे की एक ev स्कूटर पर जा रही युवती को पेट्रोल बाइक वालो ने बहुत परेशान किया और वो तेज़ भाग भी न सकी । यही बात कर को रेंज पर भी लागू होती है। सोचिएगा। मेरे और विचार अलग हो सकते है ,भाषा की मर्यादा रखियेगा। धन्यवाद।
One more point in favour of EVs: City driving is more efficient and cost effective in EVs, due to regenerative breaking and less speed. ( battery drains fasrter during acceleration and high speed drive). So to conclude: For city driving EVs is better and for Highway driving IC engine is better.
my cousin owns an electric car and he said the strangest experience he encountered while coming to Mumbai on one electric charging station he stopped said this charging station was not working because there was an electricity cut off for few hours, I said there must be generators or investors backing up the grid but he said no.
You do know petrol stations cannot run without electricity either. If your cousin had run into a petrol pump where there was no electricity he couldnt have refilled either.
@@sachinarya100 Bahut emergency ho to kisi bhi ghar se extension cord lagake thodi bahut charge kar lo agle station tak ke liye. Petrol ghar ghar nahin milta.
Well explain in simple way!! If not having any compulsion followed by ban on petrol vehicles , I do not think I will opt for EVs in coming years - say 7 to 8 years unless there is well developed infrastructure and also no hike in Electricity cost which we can not be sure of. . Those who had trusted Government when CNG introduced are yet paying high charges and suffering due to inadequate nos of CNG pumps on highway having long queues. Regarding environmental impact, one should consider discarding cost of batteries. We citizens will have to take the impact of discarding of waste. It is also to be noted that most of towns and cities have no infrastructures to handle city waste even on today. How they will cope up in future ?
100 -150 km per day lagao ,5 year dekho 150*7*365=383250×5=19,16,250 running cost petrol Ev 150×.7×365=38325×5=1,91,625 28000 every monthm mutual fund 10% kitna hoga
The environmental impact in mining Lithium, transporting, supply chain, making batteries and then burning coal to charge the cars offsets all the judgement that EV owners are environmental conscious. Energy is never free. Even making solar panels causes huge environmental impact. All we can say is EV cars are a wee bit efficient that ICE engines.
PLZ REPLY.... Hi Asset Yogi.. I really appreciate that you considered the investment of the difference amount at 10% pa returns in case of petrol vehicle. You also considered battery replacement cost after the warranty period for the electric vehicle. Many people forget to include these while comparing petrol and electric. If I am thinking correct, there is another another investment opportunity (if we choose to go for electric) i.e. the investment of difference amount in the running cost in the form of monthly SIP. at 10% pa Does it make sence. If yes. Please reply, is going for petrol vehicle still makes financially good decision or electric can save money? It would be great if you can update your excel sheet for the same. It will help us to understand it better.
Electric car main engine oil nahi hai , air filter nahi , oil filter nahi hai , throttle body cleaaning nahi karni hai , , electric ki maintenance cost per year 2000 pakdne chaiye ye . Because wheel alignment and balancing karni hai bas
Sir, Nice video; however, when we are considering the savings while comparing, we should also compare the tax benefit available on Electric cars. Once the tax benefit is taken into consideration only then it will be true comparison.
Good point!!! Starting early and prioritizing your investment is the best way of getting ahead to financial freedom. I’m 41 and my goal is to hit a million before eoy so I can retire 2022. Currently averaging over 30% monthly on my stock portfolio so I know I will get there. Time in the market beats anything else
Nice one! I'm turning 47 next month and always had a drive to retire early. The problem I face with the stock market now is how to analyze and pick the best stock for my portfolio. Do you think you can share some tips to invest in a healthy way as you are doing?
@Rolexy jallow your financial problems are of your own doing. I came from a family with nothing. I'm on track to being a millionaire in retirement, and I've never had a job that paid over 70k. I'm sacrificing by not buying all the flashy things in life, so that I can save 33% to retirement, while paying off a 15yr mortgage. Get a job in state government, my 401k match is 9%. So at least if you did 10% you'd be getting 19%. You'd have a good looking retirement!
Sir what we need is good taxi services in metro cities and in rural city so we can save our money and achieve something different insted of investing in depreciative assets. So ultimately we need our friendly neighborhood taxi operator.
Do a comparison based on EMI. Instead of comparing 16 lac to 11 lac compare monthly EMI 32000 to 22000. Now running cost is 50Km*25 days*6rupees =7500 rupees a month less for EV. Difference in monthly cost 2500 rupees. Extra EMI interest paid a year 10000*12=1.2 lac. Secc 88 tax saving is 30% of that =36 thousand = 3000 a month. So now the EV is 500 rupees cheaper every month. Invest that 500 rupees in a SIP for 15 years. You will be able to buy your next car for free from the savings.
Ev lekar taxi m chala rakhi hai 20 days per month confirm booking aati hai approx 4000km chalti hai 3000/Month ka expense aa raha hai 35k/month profit de rahi hai
Good analysis sir. It makes sense when you run 70 km for 6 years and also when difference in price should not be more than 15 to 20 % than petrol variant
I like the way your team explained the untouched topics in so simple manner. I have seen most of you contents. Now I am waiting only for your upcoming dream project. I wish it would be benifits to the new investor like me... If we have to contribute (as a fee) for that we would be more than happy... God bless you all
All these issues are well known to government and Nitiayog chairman in recent interview told that from june 2024 ACC PLI scheme winner companies will start producing electric cells in india and battery rates will come down by 40% also government will launch 50000 crore Fame 3 scheme under which car subsidy will further increase by 1 lakh and all this factors will make EV car at par with ICE car
Battery warranty for tata nexon eV is 1.6 lakh or 8 yrs. Which means a customer ll ve to change battery at least once within 15 yrs.. thereby increasing the cost by at least 6-7 lakh of today's value.
Tata Nexon petrol Engine warranty is 2 years. As per your logic you have to consider the cost of full engine replacement at least 7 times during 15 years. 8 years warranty doesnt mean you have to replace at 8 years.
Present batteries need replacement after 750,000 km ! Per year @ 50 km per day works out to 18000km/year In 10 years = 180,000 Batteries will outlast the vehicle and you can handover to your children as ancestral property !
3 saal se jyada to mi ke phone ki battery chal jati h. 3 saal ke baad bhi 60-70% battery health bach jati h. Phone to daily charge karna hota h. Car to 3-4 din me 1 baar charge karni hoti h normal condition me
Greetings brother! I would like to add some comment over your video from Nepal. 1. Same variant Nexon petrol version cost 55 lakh but EV cost only 42 lakh. 2. EV has way better comfortability than fuel version. 3. Built quality is way better of EV. 4. Insurance cost is only 32K/annum in Nepal which is similar to fuel version. 5. Nepal has only clean energy production that means zero environment pollution. So I bought Nexon EV xz+.
Mukul ji, you should also include resale value of petrol car vs electric cars in your financial analysis. Though currently it is first generation of electric vehicles in India, what will be their resale value with depleted batteries after 8-9 years is a thing to be seen. Petrol vehicles can still fetch a good resale value after 8-9 years. So petrol vehicles have upper hand over electric vehicles in this regard.
Here you are making assumptions that after 8-9 years petrol vehicles will be in huge demand. If that's the case, then resell will be good. But looking at the current trend I highly doubt that petrol vehicles will be in huge demand after 8+ years
@@DocRaman LOL . As more ppl shift to Ev;s and cost of petrol comes down due to lower demand , Petrol vehicles will keep running and in demand 15 - 20 years down the line. This is something no one seems to understand. Only way petrol cars demand will disappear will be when cost difference between EV and Petrol car will be not more than 20 -30% to purchase
You must compare automatic diesel engine vehicle due to the torque out put of electric vehicle. Maintenance cost is much less as break wear less due to regen breaking. Nexon Ev prime is now at 15.4L on road
Nice analysis. But what about people who are buying car on loan? Plz made video for comparison on car loan analysis. Because EV loan interest has section 80EEB advantage.
if you are in 30% tax bracket , you'll save about 50000/yr in interest by paying 150,000 interest/yr on depreciating asset. Actual interest cost depends on how much loan you take.
Nice Analysis, but we must keep in mind Warranty Period of EV Battery, i.e when warranty period over ,we have to replace the Battery & thats why we have to add EV Battery Price after Warranty period is over.
That's correct and the cost if 7lacs to 8 Lacs.. as of now. For warranty mileage of 1.6Lacs.. it comes about Rs.5per Km. (It can come down to Rs4per km in some cases) Have you considered the same?
If you are adding Battery replacement after warranty period also add the cost of an entire engine replacement for petrol car after warranty period. You have about the same chance of needing a full battery replacement as of needing a full engine replacement.
@@abhishekingole-deshmukh2679 Assumptions are tricky .. I have a friend who bought Rs 80,000/- LED TV with 1 year warranty - it broke down after 1 year and 12 days .. the failed item replacement cost was Rs 62400/- He tried everything but No one helped him ... :( Then I purchases TV of Rs 32000/- and spent Rs. 2300/- for additional 2 years warranty (Bajaj Finance) but alas its still going on after 4 years :) ..
Ev aur petrol main jo price ka difference hai usme hum lagvag 80 thousand km petrol car ko chala sakte hain.fayda ev lene ka tabhi jab apki running jyada ho nahi to loss hai,kum running ho to petrol lene main fayda hai.
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IITs and NPL are working on batteries, I was student when we used to debate in auditorium whether battery vehicle is a viable option or not.. Whether it can cross the flyovers of delhi or not ? Cost of battery will make e vehicle costlier thn existing auto or not.. And today e rickshaw is truth of delhi.
I feel Your analysis is honest as always not influenced by companies paid reviews...in one word ev in nonsense today..one factory/thermal plant pollution is too far more than thousands of vehicles..
i have OLA S1 n very powerful n comfortable vehicle..... value for money ....aj ki date me petrol scooter ev scooter same price hi hai ....new petrol vehicle ke installment b bharo aur fuel bhi.....ev me jo fuel saving hai wo installment me jaegi ....city ride k liye ev hi badiya hai
You can not ignore the value of vehicles after 8 or 9 years. Electric vehicle value will be of scrap whereas petrol vehicle has a good value. If you get a new battery bank then cost of electric vehicle will increase considerably. In no case the original battery bank is going to last for 15 years. So if we sum up we find that electric vehicle is beneficial in commercial use. The government should focus on this angle.
Activa 6G 125 (Top model) vs OLA S1 for 10 years. Ola (with battery replacement) = Rs. 2,55,875 Activa = Rs. 5,94,057 i.e. huge diff of Rs. 3,38,182 Below is the breakdown of the cost of ownership. I made below 2 assumptions 1. I am assuming the battery needs to replace after 5 years which is not true. The battery will easily last 10 years with reduced range. 2. Considered 100% avg. elect. price inflation i.e. Rs. 20/kWh for the highest slab for 10 years compared to the current rate (Rs. 10/kWh), whereas for petrol 70% price hike for 10 years (current is Rs. 106/ltr) Ola S1: On-road Cost Ola S1 in Nagpur = Rs 1,12,000 Average electricity cost for 10 years = Rs 20/kWh Battery = 3 kWh Cost per charge = 20 x 3 = Rs. 60 10 years average mileage of S1 = 85 KM/charge Cost per KM = 60 % 85 = Rs. 0.7/km Price per 25 KM = 25 x 0.7 = Rs 17.5 10 years cost of running = 17.5 x 365 x 10 = Rs. 63,875 10 year approx maintenance cost = 3000 x 10 = 30,000 Battery cost after 5 years = Rs. 50000 (Battery will literally last for 10+ years. ) Ownership cost = 1,12,000 + 63,875 + 30,000 + 50000 = Rs. 2,55,875 Activa 6G 125 Dlx - Fx(BS-VI) (nowhere near in terms of features & Performance to OLA): On-road price in my city Nagpur = Rs. 1,02,807 Average estimated price of petrol for 10 years = Rs. 150 Average 10 years mileage = 30km/ltr. Cost per KM = 150 % 30 = Rs 5/km Daily running = 25KM 10 years cost of running = 5 x 25 x 365 x 10 = Rs. 4,56,250 10 year approx maintenance cost = 3500 x 10 = 35000 Ownership cost = 1,02,807 + 4,56,250 + 35,000 = Rs. 5,94,057
In 8 years the total running mileage as per your assumptions would be 1 lakh 46k km.. The vehicle's average life is 10 yrs. In the remaining 2 yrs the EV running cost is @12775 per annum @ 0.70 per km, and in 2 yrs is 25550/- as against 1,27,750 per year, total 2 lakh 55k cost for a petrol. 2.30lakh savings in 2 years doesn't make any sense to go for EV. In the next 10 years, one can benefit from EVs when Upfront cost is reduced to half and become affordable for a common person.
Jiske paas 19 Lakh pada hua hai, wo 12 lakh cash payment kar k petrol/diesel gaadi le le aur 7lakh paisa invest kar de. Jinke paas 19 Lakh cash nahi hai, wo bhai Loan lekar Electric car le lo.
EVs have better ride stability but horrible rear seat comfort due to battery pack placement and rear seat hight adjustment. This is valid for Nexon, Altroz, Kona and upcoming XUV 400ev. It'll take some time for ev design to be mature enough in budget car segment (10-20L)
Thank you sir your last 13:42 minutes changed my mind to buy petrol engine. In petrol engine also pollution is reduced because of BS6 norms. EV are not practical as compared with petrol vehicle
Sir… right now RV adoption ratio vs manufacturing cost is not equal…. Manufacturing cost is high due to low units manufactured at higher costs… once people’s mindset change and companies improve their EV range… more units will sell and prices will reduce… making EV the clear winner for long run in every aspect…
Sir findings of lithium in J&K, Rajasthan + day by day reducing the cost of EV thorough technology + eco-friendly will be the game changer in the future !
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U should have considered fuel price rise by at least 5%p/a. Increasing running charges for more accurate calculation. For example when I bought my car it was 68/ltr, now after 8 years 98/ltr.
When i bought CNG car, cng was 25 rs, and now 80.. so be ready for 3-4 times costly ELECTRICITY also, in 7-10 years.. as demand will raise, price will shoot up..
Bhai cng m to or bura haal h 2 years back cng was 42/Kg now it's 80/Kg
@@prabalsingh885 electricity ki demand jaise badhegi waise usme bhi yahi hoga...
Govt has its eyes on EVs.
Let them sell once in numbers and get ready for facing high prices in GST and Road Taxes.
Electricity rates per unit differs to number of units consumed. In Delhi who are getting free electricity to 200 units if their electricity consumption increases they have to pay the electricity bills too. As well as electricity demand is increased then electricity rates per unit gonna increase too.
I have got ₹2.5L subsidy in Maharashtra making cost less. Used this saved ₹2.5L to install solar power and now the running cost of vehicle is ZERO plus 100% savings on electric bill. 😊
This comparison is meaning less. EV and petrol car both has there own advantage and disadvantage, target audience. But everyone should agree that comfort and features wise EV is far far better than their IC engine version. In short EV is more luxurious, you cannot calculate the cost of luxurious feeling or premiumness. Why I am saying this? Just a test drive of EV. It is like you are comparing iPhone with a budget android phone. DO YOU PEOPLE DO SAME TYPE OF CALCULATION WHEN BUYING A MOBILE, CLOTHES OR ANYTHING. HERE I GAVE EXAMPLE WITH IPHONE BUT IT MIGHT BE DIFFERENT FOR U. THANKS FOR READING.
Ekdam sahi bola aapne.
Bro it is just financial caliculation
One flaw on the analysis is - it missing to consider if a person wishes to purchase the vehicle taking a loan.. There is an additional tax deduction available for the Interest paid on the loan, which is meaningful… However overall a good video 👍
Good point!
But petrol prices bhi continuously rise hote hai rehte hai to calculation me 5-7 saal ke baad ke expected petrol ke prices se calculation Krna chahiye
Is hisab se toh electricity be mehngi hogi 5-7 saal bad
जरूर देखना चाहिए, लेकिन पिछले 5 साल का देखिए के पेट्रोल का कितना % बढ़ा और बिजली का कितना %
@@sonukharb5309 hongi pr petrol zada rate se expensive ho rha hai electricity se
Exactly
Tata EV batteries can be charged 3000 times when properly maintained. which means it can last for up to 3000 x 250 Kms minimum = 750000. This translates into toal savings of 40Lakhs. Gadi khatam ho jayegi battery se pehle.
For electric vehicles, one can also claim income tax exemption under section 80EEB each year for the interest paid on the loan amount to purchase it. That's yet another benefit.
How to clain bro can you please explain
Yes that should be the one of the important factor considered. In best case you could save 30k a year if your loan interest exceeds 1.5 lk and you fall in 30% tax bracket.
@@soubhagyaparida4625 watch MOTOROCTANE video on Ev he tells in details about tax exemption
U R Right
does it still make break even?
Great comparison.
Being a financially savvy & Tech Enthusiast I was also suggested by many to purchase a Petrol vehicle. I have opted to purchase Nexen EV MAX.
These are some points which I think should be considered which would be a fair comparison.
1. Not sure but almost 80% people would be purchasing car with Loan. There is Interest Tax benefit also under 80EEB.
2. Taking account of Tesla's experience, Car batteries last much longer than car itself. They degrade but still are usable up to 80 capacity (Range) after almost 10 years.
3. Having Solar panel installed at home I am virtually running car for free.
4. Maintenance is almost negligible compared to ICE engine as this has only Electric Motor as Engine. Yearly/ 15000Kms needs Gear oil change which costs only 1900 Rupees.
5. Having Regen to slow down the car, tires and brakes are also not used as frequently so they last longer.
Having these benefits, the breakeven would be of higher price would be in almost 3-4 years only.
Excellent points!! 👌
😯
Nice bhai.
Excellent.
Oil is also costly. For manual and DCA amt.
Better to purchase ev I think.
मैंने पांच साल पहले एक इलेक्ट्रिक सकुटी खरीदी साथ75000 रू में नया खरीदा था, पांच साल जमकर उस पर 5 हजार खर्च मेंटेनेंस आया. चार साल बाद उसमें 12 हजार रू का बैटरी डलवाया.
फिर वो पुरी तरह जाम हो गई, दुकान वाले ने 8 दस हजार का खर्च बताया.
फिर मैंने उस सकुटी को कबाड़ी को विनती करके 1500 रू में बेच दिया.
जबकि मै सकुटी को सिर्फ हर दिन 10 कीलोंमीटर ही चलाता था.
अब मेरे पास होंडा एकटिवा है, शेर की तरह चलता है, ताकत के साथ.
Hello Sir, I feel you have skipped 2 very important points in this video and I suggest you create part 2 of this video explaining those 2 points. 1 - Buying the vehicle on loan for say 5 years (70% of the on road cost), 2 - If the vehicle is used commercially (my calculations show that you can recover the cost in only 3 years even if you are using it 150 KM daily / 54750 KM per year). I have also found that fast charger will take 60-90 mins to charge the battery for 80% which is okay considering the cost benefits, and all of this considering the per KM cost of Rs. 1.4 (double cost than explained). Thanks
आप ने यह भी बताया हैं अगर हर कोई इलेक्ट्रिक कार लेंगे तोह बिजली भी मेहेंगा हो जायेंगे क्योंकि सरकार को टैक्स पेट्रोल से निकल के बिजली पर शिफ्ट हो जायेंगे और ज़ादा मुसीबत पैदा होगा हर घर से😃😃😃😃क्योंकि बिजली महंगी होगी😄😄😄
@@tashiyann3262 good thinking
@@tashiyann3262 फिर घर मे recharge वाला स्मार्ट मीटर होगा मतलब एक जैसा ही
If you run more and more km per day then recovery rate in year will be shorter.
It's simple math.
@@tashiyann3262 For all cars to become electric will take so long we will have free electricity from nuclear fusion by then
Great financial comparision between petrol & EV variant of Tata Nexon! However, what I didn't understand is why you picked up such expensive EV variant when we have affordable option (Tata Tiago EV) also available now which was launched on an aggressive low price.
Secondly, not sure if I have missed anything here, have you considered the fuel price rise for the next 15 years. I know electricity cost also gonna increase, but not at the same rate as petrol.
We should also consider a point that India has to import petrol from foreign countries who are dominating the world now, whereas electricity can be generated at an individual home using solar plates which can be actually free for a lifetime.
I would appreciate if you could include these points while comparing Petrol vs EV vehicle.
also battery replacement needs to be considered.. battery of EVs consist of atleast 50% is the cost or its cheap?
battery will be 1/3 of cost from now and petrol sure 150 plus in 15 years.
this factor should be considered
@@daynighttraveltrip9086 Also there is myth spread around regarding battery replacement. You won't always need to replace the entire battery. Battery includes cells. These cells can be replaced and its cost is affordable.
I call such people 'Anti-EV lobby' who keep spreading negative myths about EV.
if selected expensive EV that's why he is doing comparison with Nexon petrol.
if you are saying for tata taigo EV and Tata tiago petrol also having a good amount of difference.
@@GuyBehindAComputer bhai, 10 saal mein battery hi replace krna padegi. 1 -2 cell ni kharab honge, technology hi aisi hai ki abhi itni hi life expect kr sakte ho aap.
Dear Yogiji,
I recently came across your theory about electric vehicles (EVs) not being a value-for-money choice compared to petrol cars, and I wanted to share my perspective on the matter.
Firstly, you mentioned that the excess amount spent on purchasing an EV could be invested in the share market or mutual funds to generate good returns. While investing in the financial markets can potentially yield profits, it's important to consider a couple of points regarding your theory.
Nobody buys a car with cash: In reality, most people purchase cars through financing options such as bank loans or leasing. When you opt for a loan, the additional 5 lakh rupees you mentioned would add to the loan amount, resulting in a slightly higher monthly payment. In this case, your theory of investing the excess amount wouldn't apply directly since you are still required to repay the loan.
Where will the excess 5 lakh come from if you are buying it via a bank loan? If you are considering taking a bank loan to buy a car, the loan amount will cover the full cost of the car. In this scenario, there won't be any extra money available to invest in the share market or mutual funds. The loan repayment will be based on the total cost of the vehicle, regardless of whether it's a petrol car or an EV.
Additionally, it's important to note that evaluating the value for money of an EV extends beyond the initial purchase cost. EVs typically have lower operational and maintenance expenses compared to petrol cars. The cost of electricity required to charge an EV is significantly lower than the cost of petrol. Moreover, EVs have fewer moving parts and typically require less frequent maintenance, resulting in potential savings over the long run.
Furthermore, various governments and organizations offer incentives, tax benefits, and subsidies for purchasing EVs, which can help offset the initial higher cost. These incentives, combined with potential fuel and maintenance savings, can make owning an EV a more cost-effective option over time.
It's crucial to consider the broader picture when assessing the value for money of EVs. The transition to electric mobility is gaining momentum globally, with advancements in technology and infrastructure further enhancing the viability and appeal of EVs.
I believe it's worth exploring the comprehensive advantages and disadvantages of EVs before making a judgment solely based on the upfront cost.
Overall good video. few more points you can add - 1. Petrol price in future 2. Oil extraction from sea or earth. 3 Oil refineries take energy to provide petrol. 4. India is moving away from coal at good speed. 5. Delhi polution need to be fixed, even if it take 2x price.
It is wonderful analysis Sir ,yes cost wise won't make sense ,but we have missed a parameter- petrol price inc last 15 years it increased from 33rs to 100rs avg of 13%
and will increase further in future
Yah think koi bhi mention nahi karta hai
And electricity price also 13 to 15% increase in 15 years also.
@@deemat8814 that's not a problem here because we get free electricity for EVs and if you use solar panel then your running costs would almost 0 apart from maintenance
Complete incorrect Analysis as auther completely missed a big factor of steep petrol price increase deliberately just to prove points. There is no comparison from Petrol to EV Cars. EV and Hydrogen is the future. If i consider Petrol price hike (eith comparatively comparing electricity hike) I reached at 2.5 years break even point. so next 5 years i am using car free without any heavy maintenance.
Petrol rate inflation and per unit cost cost increase for electric vehicles also need to be taken into consideration
petrol rates won't increase now.
@@sanchitgupta2921 Kyu India ne produce krna shuru kr diya he....😂
@@manish882854 I laughed so hard at your reply.
if you are adding multiple investment options on Petrol, I believe you should also include 80EEB tax benefit for TVs as well. that will definitely help in saving 40-60K every year on loan Interest. Plus a customer can invest rest of the amount to some FD or MFs and also convert that amount into benefit after purchasing an EV.
Qki sırf petrol vehicle lene wala smart nhi ho sakta, EV wala bhi ho sakta hai. Thank you.
Thank you... I thought I made a mistake buying a petrol vehicle. Your vehicle made me realise I made the right decision. I will buy an EV after 10 years.
You should've chosen same models. Features also matters. And price difference comes down to 3 lacs. Though EVs are only good for Delhi or cities with 0 RTO, otherwise you can't recover extra money paid. Still nice analysis.
Electricity rates per unit differs to number of units consumed. In Delhi who are getting free electricity to 200 units if their electricity consumption increases they have to pay the electricity bills too. As well as electricity demand is increased then electricity rates per unit gonna increase too.
If you have daily commute of 60-70 km per day then extra price paid for ev can be recovered within 3 to 4 years
For Tiago the difference is lesser.
For XTA Petrol vs XT Electric , the difference onRoad in Hyderabad is merely
Also the variants compared here are also not same...XMA Petrol compared to XZ Plus EV
Tiago EV is definitely a masterstroke.
8:40 after 8 years you should also consider replacing of new batteries in EV cars, which will be close to 50-60% of overall car value.
Fact check: It is around 30% currently. Also, the battery cost has reduced 3 times in about 7 years. Very likely the prices of battery might come down to 15-20% whereas petrol prices seems like would touch Rs. 200 in 7 years.
@@MrKushaagra electricity ki demand badhne par kya price nahi bhadega per unit....
@@gul_shaan_04 Demand bhade par fossil fuel nahi hai na electricity. Aaj coal use ho raha hai hal solar use hoga. But petrol toh khatam ho jayega na. 2015 prices of petrol increased from 2015- 61 vs 106. During the same time electricity prices increased- 4 vs 5. I hope you are getting the point.
@@MrKushaagra yes sir 👍
Please update your information. Battery will last beyond 13 years plus as history of last 13 years shows us. Plus these batteries are made of individual cells and only few cells will be go bad. They can be replaced .
No need to change the entire battery.
Unless you submerge the vehicle in water or burnt by fire or broken in pieces only then you need to change entire battery .
was planning to sell my baleno to pay down payment for tata nexon ev. after watching your video . CANCELED ! you just crushed my dream !
Same bro 😂
बाकी सब तो ठीक है लेकिन यदि 8 से 10 हजार महीने का पेट्रोल की राशि बचती है और उस रूपए का आर डी , मैचुअल फंड, sip इत्यादि में डालते है तो उसका वैल्यू भी देखना होगा।
battry change jab hoga to samjh aa jayenga, car ki bettry ki rate h, 6 lakh
Ekdam sahi bole aapne?usko bhi to jorna chahiye
Bas kar Bhai
भाई already 6-8 लाख ज्यादा दे चुके है इलेक्ट्रिक के लिए, अभी और महीने का 8-10 हजार कहाँ से बचेगा ? 🤔🤔🤔
8.49 ev bes model ka kimat hai or aap 8 jayda de rahe hai yani petrol gari ka kimat 50 k hi hai,
Aachha ganit hai, Ripley ke liye dhanyawad
Actually it is a biased analysis, that always tends towards fossile fuel vehicles, because it is a huge industry ranging from developed nations to Indian government as well, because fossil fuel is next to impossible to make production and refining of fossil fuels for an individual person, but electric vehicle runs on electricity, that can be produced by simple way like Solar Panels & wind mills in India where at most sunshine in India atleast for 8 to 10 months, so you are atleast get freedom from transportation cost around 80 to 90 percentage. Below other points are
1) missed price hike in petrol is not considered
2) tax benefit in car loan around 1.5 lakh
3) the money you are saving in petrol also could me invested
4) after 15 year you need to scrap your vehicle, and for diesel it's 10 year. But in electrical there are no certain conditions, even they can be renewed more easily, because changing the motor n battery are the major part in it.
5) in coming days they will become cost effective as well.
Yes totally agree with you. 14:48 the charging time mentioned for fast chargers is completely wrong. Max it only takes 50-60 mins for fast charge and we can eat our meal in that time and car will be fully charged.
Also the maintenance charges mentioned are quite high, it will be avg around 2-4k as suspension etc are changed after quite a long duration. So 2-4k avg is much more realistic cost.
Also the emissions during battery making are much less as compared to full lifetime running emissions of diesel/ petrol vehicle plus lion batteries are also recycled.
And most importantly petrol prices are not fixed and are going up day day and will cont. to go up in future. If we use solar panel then that is clean energy for our car which will be FREEE.
Most of us are not that much financially savy/ active so to get 10% returns from that isn't an easy task and req time and attention. Also in FD there isn't that much of saving.
So overall I also thought it was kind of a biased review towards fossil fuel cars. We are not thinking about the amount of pollution it will create for running in those 15 yrs. but are only caring about few % of returns which we can make. What will you do with that money if you and your children won't be able to breathe clean air and then would go to hospitals regularly. At the end kharcha to ho hi gya na. Think comprehensively taking into account all the factors.
Go for EV. Such videos are sponsored by the Petro Mafia. The whole world is shifting to EV. Plz go for EV.
अगर electricity वाली कार बेहतर विकल्प नही है तो सोलर उर्जा वाली कार क्यो नही बनवा रहै अब बिजली कार खरीद मे लुटा वायेगे फिर सोलर कार मे लुटवाये गे,जनता सब देख रही है। धनवान को धनवान और गरीब को गरीब बनाने का यही फार्मूला है। फिर कहे गे बिना ड्राइवर वाली कार आ गयी ये खरीदो। घुमा फिरा कर जीवन भर की कमाई 20 घरानो को देदो, देशभर की जनता की दौलत 20 घरो मे इकट्ठी कर देने को मजबूर कर रही और मध्यम वर्गीय जनता मजबूर हो रही है। भारत मे युवाऔ को गरीबो के बच्चो को काम करने कमाने का मौका बडी मुश्किल से 35 वर्ष मिलता है। अब आगे देश भक्त जाने या तुम जानो।
Some points are missing. 1. Hike in fuel cost in next 15 years as compared to Electricity cost. 2. Lower interest rate in case of EV Cars. and 3. as you invest upfront savings at 10.0% in MFs, in the same way one can invest daily running cost savings (Rs. 7.00 - Rs. 0.70) in any SIP...What you say?
Tata EV batteries can be charged 3000 times when properly maintained. which means it can last for up to 3000 x 250 Kms minimum = 750000. This translates into toal savings of 40Lakhs. Gadi khatam ho jayegi battery se pehle.
for commercial vehicles that run 100+ km , breakeven will be < 4 years .
But personal vehicles eV not good idea financially at present price
@Dave Lawson for people who buy cars that last really really long, Tata electric cars are the best bet. it will last for 20 years with low cost of running. it's also good for people who enjoy the thrill of torqy EVs
Per unit electricity k rate bhi badenge
Sahi hai boss..
Great financial comparision between petrol & EV variant of Tata Nexon! However, what I didn't understand is why you picked up such expensive EV variant when we have affordable option (Tata Tiago EV) also available now which was launched on an aggressive low price.
Secondly, not sure if I have missed anything here, have you considered the fuel price rise for the next 15 years. I know electricity cost also gonna increase, but not at the same rate as petrol.
We should also consider a point that India has to import petrol from foreign countries who are dominating the world now, whereas electricity can be generated at an individual home using solar plates which can be actually free for a lifetime.
I would appreciate if you could include these points while comparing Petrol vs EV vehicle.
Asset Yogi sets the norm for other Finance UA-camrs.
After this video Warikoo will definitely upload same type video on his channel.
😁😁😁😁
Thanks
Copycat
he is comparing electric top variant with petrol mid variant . petrol top variant in my city cost 15.3 lac
Aaj is video k view 2.6 lakhs hai .....after 9 days. No wonder agle 2 3 mahino me ye 1 cr tak touch ho to.....kyunki is video accha, simple to koi aur comparison video mil na mumkin hai.....aapka aaj tak ka ek aur best video sirji......
Thank you so much
After watching your video I am convinced to not buy any car. Na rahega bans... na bajegi bansuri...
Still the comparison is not at par. If we have made an assumption of investment at purchase period. We should also have invested savings of annual cashflow for each year due to cheaper cost of running EV wrt Petrol variant. Right??
In 8 years , he will save the 6 lacs . Even with SIP at 10%/year , his earning will be
Absolutely agree with you. I did the same calculations before taking my new petrol car in Sept 2022
Ha to bhai ji bache huye paise kaha invest kiye.. aapne ko cash hi li hogi petrol car
Battrey price is decreaseing year by year. But petrol price is increasing year by year
Things to consider :
1. Changes in petrol cost.
2. Foregone return on running costs of both cars.
3. Resale value
4. battery replacement cost is high now but maybe low after 5 years.
5. Better overall features in EV cars.
Thanks for inputs
@@AssetYogi first of all most of middle class person buying car through bank loan, then how we can invest rest money.
You are not assuming Tax benefits getting on it.
@@chitraraut9805 ev interest on loan maaf hai
Where is the battery cost ( which might need to change after let’s say 5 years )
@@AssetYogi Do the comparative analysis where the car is taken on loan so your difference is the difference in installments. Add the difference in running costs and you will see a lower monthly cost for EV. Now take that saving and add 10% post tax investment return on that. By not considering the loan scenario you have taken the losses from purchase price up front and the profits from running cost over years thus losing out on investment returns.
I think hybrid (electric+petrol) car or vehicles are more suitable than pure electric/petrol as on current indian situation.
That will make costlier than electric vehicle as well. Doesn't make sense for Middle class people like us
@@omprakashjichkar5445 Initially Nokia mobiles are costlier but you see now a days more functionalities and less price of all mobiles are selling. Like wise hybrid model is more costlier earlier till electric model having fully functional means fast charging and lesser price will come in future days.
@@omprakashjichkar5445 absolutely right..bro
@@jayeshpatel2919 Yes jayesh! Agree that with time cost may come down, but same will be for electric only vehicles also. Why someone will opt for hybrid then? It is hardly possible that operating/running cost for petrol mode will be less than electric mode in case anyone using hybrid model. Eg. My friend who use CNG/petrol hybrid vehicle haven't used petrol since Jan 2021 filled in his car tank. For now electric hybrid is feasible as there not enough charging station available. But with time it will fade away.
Hybrid is dead end tech. You carry the weight of 2 engines making the car more expensive and less fuel efficient. It only made sense when battery tech was pathetic. Today Hybrid makes no sense.
Great Eye Opener !
Until Electrci beats the ownership cost of ICE engine, it makes no sense to buy them unless you are doing many miles everyday like taxi service
Main disadvantage of electric vehicle for me is safety ... many vehicles have exploded recently.. jaan hai to jahaan hai..
Initially Electric vehicles are seen as more affordable but we are very very wrong. Electric vehicles are comparatively more costlier than petrol vehicles as we calculate after 5 years that charging expenses, range, load capacity, speed, charging time, fragile body, off-road compatibility, spare parts, costly battery and no market for used e-vehicles, every segment has negative marking for e vehicles.
Thank you for your valuable insights.. however currently the Petrol XZ+ variant will cost on-road price 16L and Prime EV XZ+ around 15L (after subsidy) else 16.5L so not much upfront difference. And EV Max will be around 19.5L so the difference of rs 2.5L- 3L will be recovered in the next 3 years. Infrastructure is definitely a cons for next 2-3 yrs
No bro xz+ petrol is 12.5L on road
@@sudhanshuyadav1658 yes bro ..... just bought last month
you also forgot the massive cost of changing battery packs after every 5 years in the EVs
Noted
for commercial vehicles that run 100+ km , breakeven will be < 4 years .
For < 10 lacs . Breakeven < 3 years
But personal vehicles eV not good idea financially at present price
8 years warranty.And Life of the batteries is pretty long,it depends mostly on kms run.
मेरा सुझाव है की हम सब लोग सायकल ही चलायें।
👍👍
Thank you..😊🙏
1)One thing people are missing, battery requires rare Earth metal, if consumption of battery increases the cost batteries will exponentially increase ( those raw materials are limited) and so does the cost of Vehicles.
2) With increase in Electric vehicles, the energy consumption will also increase. Rough estimates average Units will be 0.5 Kwhr/km means if vehicles run 50 km per month 25KWhr per month , per year will be 300KWhr energy is required now multiple it with number of vehicles 7 crores ( estimate 4 wheels only ) = 21 TWhr of energy is required per year fun fact India has consumption of only 1600 Twhr ( 2019 to 2020) only. Imagine the cost of infrastructure required just to accommodate 7 crores vehicles only and the unit of electricity will increase because of that. Haven't included the amount of KWhr of units required just to manufacture those cars.
3) The amount of Carbon emissions just to create that much batteries, electric motors and recycle alloys.
4) The cost of replacing batteries.
There are other factors like skilled labour requirements, charging stations etc.
We need battery free source of energy this system is not feasible in bulk.
excellent analysis. but you have to consider battery replacement cost in every 5 years for ev cars, which is almost 50-60% of the original car value.
bhai 8 saal ki to guarantee company hi de rhi h battery pr to 5 saal m kese change kr doge??
+ normally lithium ion battery ki avg life 12-15 saal hoti h... aur uske bad zero nhi ho jaygi.. range reduce hoti h... abhi agr full charge pr 250 km chl rha h to ho skta h tb 170km hi chle... aur uske bad bhi puri battery nhi replace krni... usme cells hoti h series me connected.... sirf jitni cells ki jrurt h utni hi change kro to cost aur kam hogi.... + 12 saal baad battery production India m ajayga aur cost of battery bhi km ho jayga
@@AshokYadav-he6kj Lithium batteries have the tendency to lose its efficiency over the period of time, take a smartphone use it for 2-3yrs its battery 🔋 performance decreases
@@kamleshkumaryadav1274 i have already covered that part... if now it is giving range of 250kms... after 20 years may be it will give 170 km.. but not become zero ... and that too we can improve with replacing some cells only... not need to completely replace the battery....
annual decreasing rate is about 1-2%
@@AshokYadav-he6kj Bhai lithium ion battery itni nahin chalti hain, laptop main to 2-3 saal main change karni padti hain kyonki vo kharab ho jati Hain or electric vehicles main 3-4 saal main uski range 200 km se 100 km ho jayegi aur 8 saal main battery 10 km ki range dengi
@@hemant3332 bhai apki iss jankaari ka source bhi share kr do...
jitni bhi research hui h lithium ion pr.... usme uski depreciation rate 2% hai saal ka... mtlb 10 saal me uski range 20% km hogi.... mtlb 250 km range wali gaadi 10 saal bad 200-170 ke bich range degi...
+ abhi auto expo me aluminium battery bhi show kr di h tata ne tiago pr lga kr... joki lithium ion se 1/3 h cost me aur size bhi chota h aur upr se range 700km k ass pass h usme...
ese hi dhire dhire 5-10 saal me technology ev segment me bht jada age chli jaygi.... tb tk aaj ki sari problems khtm ho jaygi
This video is mainly about four wheeler not two wheelers.Two wheelers are used mostly for city use.If you have running of 25-30kms per day,then you can save a lot of money on petrol.Also , battery prices are going to reduce in future as companies like ola, Amara Raja have started setting up battery cell manufacturing units.Also don't forget about the ever increasing cost of petrol.
Exactly, i bought an Ather 450x which cost 1.6L on road and if i had bought an Access 125 top model it would cost 1L. With daily travel of 25-30km Access would cost around 2k-2.5k and ather costs around 200-250(this can be free if you use grid 😝). And if i invest the remaining money and get 10% interest i can get good returns after 5-8 yrs so overall 2 wheelers are better compared to 4w-ev.
वीडियो नेगेटिव सोच के साथ ज्यादा बनाया हुआ है टू व्हीलर के मामले में इसकी सोच फ्लॉप है फोर व्हीलर ऑटो टू व्हीलरफोर व्हीलर और टू व्हीलर के पुर्जे बहुत महंगे आते हैं
वीडियो नेगेटिव सोच के साथ ज्यादा बनाया हुआ है टू व्हीलर के मामले में इसकी सोच फ्लॉप है फोर व्हीलर ऑटो टू व्हीलरफोर व्हीलर और टू व्हीलर के पुर्जे बहुत महंगे आते हैं
और मुझे वीडियो देखते हुए याद आया कि मेरी बाइक का भी ईएमआई 4000 भुगतान करना है, अभी दोस्त को फोन करना है, एक मिनट कृपया😢
Sir aapne to meri aanke hi khol di mera 1.5 lakh rupai bacha diya aapne thanks so much 🙏🙏
Most welcome Abhishek
Sir in your calculation, you missed interest on fuel saving and many other things. Kindly consider Net Present Worth method for all the expenses in your future calculations. Thanks 👍
Noted
Sir You should have taken XZA Petrol from actual peer to peer comparison
No actually it should be compared with Ceta,Seltos,XuV 500/700 .
Main purpose of EV is environmental Friendly. Less pollution.
Some of the wrong data you noted, which I think you should be reconsider...
01) You are comparing basic automatic variant of Petrol XMA vs Top variant of EV XZ+
02) 07:27 I couldn't get the point, How did you assume that the amount saved 5.98 lac is in the form of money. if I have 5.98 extra money, I will increase my down payment amount...
03) Rate of Petrol on 31 Mar 20 ~ ₹ 70 /Itr & on 31 Mar 23 ~ ₹ 105 /ltr avg 15 % hike /yr in the last 3 yrs...
04) Maintenance cost or Servicing Cost is also one factor
I think you should think about all these points again...
& Btw I appreciate your efforts 💯 👍
Wow 360 degree analysis with excellent model sir to help us by rational way. However, with the economic scale of production, I think the EV price would be reduced but again it needs a boost up in demand from the socially aware customers.
You should also consider xz+ petrol variant as u consider in case of EV..In that case bake even may be 3 yrs
Bhai aapne EV ka jabardast grass root analysis kiya hai, mere aur mere jaise lakho logon ke sabhi answer bhi aapne de diye hai. Appriciate your hard work in this deep analysis 🙏👌👍
Thanks Yogesh
एक खास बात की आप ev को ज्यादा दूर तक तेज गति से नही चला सकते क्योंकि बैटरी तुरंत खत्म हो सकती है और किसी अप्रिय स्थिति में आपका ज्यादा बड़ा नुकसान हो सकता है। एक वाक्य याद है मुझे की एक ev स्कूटर पर जा रही युवती को पेट्रोल बाइक वालो ने बहुत परेशान किया और वो तेज़ भाग भी न सकी । यही बात कर को रेंज पर भी लागू होती है। सोचिएगा। मेरे और विचार अलग हो सकते है ,भाषा की मर्यादा रखियेगा। धन्यवाद।
One more point in favour of EVs: City driving is more efficient and cost effective in EVs, due to regenerative breaking and less speed. ( battery drains fasrter during acceleration and high speed drive).
So to conclude: For city driving EVs is better and for Highway driving IC engine is better.
For short highway drives ev ptime vomes with cruise control. So a correct comparison would be diesel top end
Exactly 💯
Very true
my cousin owns an electric car and he said the strangest experience he encountered while coming to Mumbai on one electric charging station he stopped said this charging station was not working because there was an electricity cut off for few hours, I said there must be generators or investors backing up the grid but he said no.
You do know petrol stations cannot run without electricity either. If your cousin had run into a petrol pump where there was no electricity he couldnt have refilled either.
@@prabuddhaghosh7022 petrol pump to 2km bad phir mill jaiga or electric station ?? 😒
@@sachinarya100 Bahut emergency ho to kisi bhi ghar se extension cord lagake thodi bahut charge kar lo agle station tak ke liye. Petrol ghar ghar nahin milta.
Well explain in simple way!!
If not having any compulsion followed by ban on petrol vehicles , I do not think I will opt for EVs in coming years - say 7 to 8 years unless there is well developed infrastructure and also no hike in Electricity cost which we can not be sure of. .
Those who had trusted Government when CNG introduced are yet paying high charges and suffering due to inadequate nos of CNG pumps on highway having long queues.
Regarding environmental impact, one should consider discarding cost of batteries. We citizens will have to take the impact of discarding of waste.
It is also to be noted that most of towns and cities have no infrastructures to handle city waste even on today. How they will cope up in future ?
Thanks Dilip
100 -150 km per day lagao ,5 year dekho
150*7*365=383250×5=19,16,250 running cost petrol
Ev 150×.7×365=38325×5=1,91,625
28000 every monthm mutual fund 10% kitna hoga
Sir let’s also understand that the investments are not always in terms of money, it is also about environmental investments and returns!! 😊
Yes but channel covers about investments,environmental explanation might be different topic
The environmental impact in mining Lithium, transporting, supply chain, making batteries and then burning coal to charge the cars offsets all the judgement that EV owners are environmental conscious. Energy is never free. Even making solar panels causes huge environmental impact. All we can say is EV cars are a wee bit efficient that ICE engines.
PLZ REPLY.... Hi Asset Yogi.. I really appreciate that you considered the investment of the difference amount at 10% pa returns in case of petrol vehicle. You also considered battery replacement cost after the warranty period for the electric vehicle. Many people forget to include these while comparing petrol and electric. If I am thinking correct, there is another another investment opportunity (if we choose to go for electric) i.e. the investment of difference amount in the running cost in the form of monthly SIP. at 10% pa Does it make sence. If yes. Please reply, is going for petrol vehicle still makes financially good decision or electric can save money? It would be great if you can update your excel sheet for the same. It will help us to understand it better.
for commercial vehicles that run 100+ km , breakeven will be < 4 years .
But personal vehicles eV not good idea financially at present price
@@davelawson2564 how? Please share the complete calculation.
Electric car main engine oil nahi hai , air filter nahi , oil filter nahi hai , throttle body cleaaning nahi karni hai , , electric ki maintenance cost per year 2000 pakdne chaiye ye . Because wheel alignment and balancing karni hai bas
Sir, Nice video; however, when we are considering the savings while comparing, we should also compare the tax benefit available on Electric cars. Once the tax benefit is taken into consideration only then it will be true comparison.
Good point!!! Starting early and prioritizing your investment is the best way of getting ahead to financial freedom. I’m 41 and my goal is to hit a million before eoy so I can retire 2022. Currently averaging over 30% monthly on my stock portfolio so I know I will get there. Time in the market beats anything else
Nice one! I'm turning 47 next month and always had a drive to retire early. The problem I face with the stock market now is how to analyze and pick the best stock for my portfolio. Do you think you can share some tips to invest in a healthy way as you are doing?
@Rolexy jallow your financial problems are of your own doing. I came from a family with nothing. I'm on track to being a millionaire in retirement, and I've never had a job that paid over 70k. I'm sacrificing by not buying all the flashy things in life, so that I can save 33% to retirement, while paying off a 15yr mortgage. Get a job in state government, my 401k match is 9%. So at least if you did 10% you'd be getting 19%. You'd have a good looking retirement!
Information in the comments is more valuable than the video itself..
EV biggest problem - Need to Charge (not in a minutes, but in petrol car recharge in minutes)
Sir what we need is good taxi services in metro cities and in rural city so we can save our money and achieve something different insted of investing in depreciative assets. So ultimately we need our friendly neighborhood taxi operator.
Sir, you haven't consider the battery replacement cost of electric vehicle which is around 6-8 years which costs around 6 lakhs approximately
Thanks for input
Do a comparison based on EMI. Instead of comparing 16 lac to 11 lac compare monthly EMI 32000 to 22000. Now running cost is 50Km*25 days*6rupees =7500 rupees a month less for EV. Difference in monthly cost 2500 rupees. Extra EMI interest paid a year 10000*12=1.2 lac. Secc 88 tax saving is 30% of that =36 thousand = 3000 a month. So now the EV is 500 rupees cheaper every month. Invest that 500 rupees in a SIP for 15 years. You will be able to buy your next car for free from the savings.
Ev lekar taxi m chala rakhi hai 20 days per month confirm booking aati hai approx 4000km chalti hai 3000/Month ka expense aa raha hai 35k/month profit de rahi hai
Good analysis sir. It makes sense when you run 70 km for 6 years and also when difference in price should not be more than 15 to 20 % than petrol variant
Thanks Hitesh
Pls share excell sheet
I like the way your team explained the untouched topics in so simple manner. I have seen most of you contents. Now I am waiting only for your upcoming dream project.
I wish it would be benifits to the new investor like me... If we have to contribute (as a fee) for that we would be more than happy... God bless you all
All these issues are well known to government and Nitiayog chairman in recent interview told that from june 2024 ACC PLI scheme winner companies will start producing electric cells in india and battery rates will come down by 40% also government will launch 50000 crore Fame 3 scheme under which car subsidy will further increase by 1 lakh and all this factors will make EV car at par with ICE car
Petrol vehicles always preferable, electric vehicles are fail in front of petrol vehicles
Battery warranty for tata nexon eV is 1.6 lakh or 8 yrs. Which means a customer ll ve to change battery at least once within 15 yrs.. thereby increasing the cost by at least 6-7 lakh of today's value.
Tata Nexon petrol Engine warranty is 2 years. As per your logic you have to consider the cost of full engine replacement at least 7 times during 15 years. 8 years warranty doesnt mean you have to replace at 8 years.
Where did the cost of replacing the battery go after six years?
Present batteries need replacement after 750,000 km ! Per year @ 50 km per day works out to 18000km/year
In 10 years = 180,000
Batteries will outlast the vehicle and you can handover to your children as ancestral property !
Atto 3 claim that one can run on battery till 10 lakh kilometres. Pori life nikal jayegi but battery kharab na kar paoge
3 saal se jyada to mi ke phone ki battery chal jati h. 3 saal ke baad bhi 60-70% battery health bach jati h. Phone to daily charge karna hota h. Car to 3-4 din me 1 baar charge karni hoti h normal condition me
Greetings brother!
I would like to add some comment over your video from Nepal.
1. Same variant Nexon petrol version cost 55 lakh but EV cost only 42 lakh.
2. EV has way better comfortability than fuel version.
3. Built quality is way better of EV.
4. Insurance cost is only 32K/annum in Nepal which is similar to fuel version.
5. Nepal has only clean energy production that means zero environment pollution.
So I bought Nexon EV xz+.
Sir Maine itne videos dekha lekin aapke jaisa koi nahi samjhaya lots of thanks 🥰😳👍👍👍👍
Sir. You are the best teacher on this platform. It's always knowledge enhancement through your videos. Keep it up. Stay blessed.
Thanks Raj
Mukul ji, you should also include resale value of petrol car vs electric cars in your financial analysis. Though currently it is first generation of electric vehicles in India, what will be their resale value with depleted batteries after 8-9 years is a thing to be seen. Petrol vehicles can still fetch a good resale value after 8-9 years. So petrol vehicles have upper hand over electric vehicles in this regard.
Here you are making assumptions that after 8-9 years petrol vehicles will be in huge demand. If that's the case, then resell will be good. But looking at the current trend I highly doubt that petrol vehicles will be in huge demand after 8+ years
No petrol diesel cars in USA Europ after 2030. Why you have backwards thinking
No one will buy petrol vehicle after 8 yrs , ev is future
@@DocRaman LOL . As more ppl shift to Ev;s and cost of petrol comes down due to lower
demand , Petrol vehicles will keep running and in demand 15 - 20 years down the line. This is something no one seems to understand.
Only way petrol cars demand will disappear will be when cost difference between EV and Petrol car
will be not more than 20 -30% to purchase
@@davelawson2564 ola will launch cars at same price as others petrol version so game over
Bhai yah batao almost same segment ki 15 lakh ki punch ev aur 15 lakh ki petrol car mein se kaun si leni chahie
You must compare automatic diesel engine vehicle due to the torque out put of electric vehicle.
Maintenance cost is much less as break wear less due to regen breaking.
Nexon Ev prime is now at 15.4L on road
Noted
Nice analysis. But what about people who are buying car on loan? Plz made video for comparison on car loan analysis. Because EV loan interest has section 80EEB advantage.
Thanks. Noted
Yes, please do analysis considering car loan
if you are in 30% tax bracket , you'll save about 50000/yr in interest by paying 150,000 interest/yr on depreciating asset. Actual interest cost depends on how much loan you take.
Nice Analysis, but we must keep in mind Warranty Period of EV Battery, i.e when warranty period over ,we have to replace the Battery & thats why we have to add EV Battery Price after Warranty period is over.
That's correct and the cost if 7lacs to 8 Lacs.. as of now.
For warranty mileage of 1.6Lacs.. it comes about Rs.5per Km. (It can come down to Rs4per km in some cases)
Have you considered the same?
If you are adding Battery replacement after warranty period also add the cost of an entire engine replacement for petrol car after warranty period. You have about the same chance of needing a full battery replacement as of needing a full engine replacement.
@@swapnildeshif companies are offering 160000 km guarantee. it will run for 250000 km for sure
@@abhishekingole-deshmukh2679 Assumptions are tricky .. I have a friend who bought Rs 80,000/- LED TV with 1 year warranty - it broke down after 1 year and 12 days .. the failed item replacement cost was Rs 62400/- He tried everything but No one helped him ... :( Then I purchases TV of Rs 32000/- and spent Rs. 2300/- for additional 2 years warranty (Bajaj Finance) but alas its still going on after 4 years :) ..
Ev aur petrol main jo price ka difference hai usme hum lagvag 80 thousand km petrol car ko chala sakte hain.fayda ev lene ka tabhi jab apki running jyada ho nahi to loss hai,kum running ho to petrol lene main fayda hai.
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I had a bad experience investing on my own until I met selinna,I got to change a couple of things and my kid now goes to a great school. You only have to stick with his strategies
Its not only about money its also about reducing air pollution..save earth save future..
Please consider fatigue factor, what is difference, How many points EV can get.
IITs and NPL are working on batteries, I was student when we used to debate in auditorium whether battery vehicle is a viable option or not..
Whether it can cross the flyovers of delhi or not ?
Cost of battery will make e vehicle costlier thn existing auto or not..
And today e rickshaw is truth of delhi.
I feel Your analysis is honest as always not influenced by companies paid reviews...in one word ev in nonsense today..one factory/thermal plant pollution is too far more than thousands of vehicles..
Thanks Praveen
i have OLA S1 n very powerful n comfortable vehicle..... value for money ....aj ki date me petrol scooter ev scooter same price hi hai ....new petrol vehicle ke installment b bharo aur fuel bhi.....ev me jo fuel saving hai wo installment me jaegi ....city ride k liye ev hi badiya hai
You can not ignore the value of vehicles after 8 or 9 years. Electric vehicle value will be of scrap whereas petrol vehicle has a good value. If you get a new battery bank then cost of electric vehicle will increase considerably. In no case the original battery bank is going to last for 15 years. So if we sum up we find that electric vehicle is beneficial in commercial use. The government should focus on this angle.
Activa 6G 125 (Top model) vs OLA S1 for 10 years.
Ola (with battery replacement) = Rs. 2,55,875
Activa = Rs. 5,94,057
i.e. huge diff of Rs. 3,38,182
Below is the breakdown of the cost of ownership. I made below 2 assumptions
1. I am assuming the battery needs to replace after 5 years which is not true. The battery will easily last 10 years with reduced range.
2. Considered 100% avg. elect. price inflation i.e. Rs. 20/kWh for the highest slab for 10 years compared to the current rate (Rs. 10/kWh), whereas for petrol 70% price hike for 10 years (current is Rs. 106/ltr)
Ola S1:
On-road Cost Ola S1 in Nagpur = Rs 1,12,000
Average electricity cost for 10 years = Rs 20/kWh
Battery = 3 kWh
Cost per charge = 20 x 3 = Rs. 60
10 years average mileage of S1 = 85 KM/charge
Cost per KM = 60 % 85 = Rs. 0.7/km
Price per 25 KM = 25 x 0.7 = Rs 17.5
10 years cost of running = 17.5 x 365 x 10 = Rs. 63,875
10 year approx maintenance cost = 3000 x 10 = 30,000
Battery cost after 5 years = Rs. 50000 (Battery will literally last for 10+ years. )
Ownership cost = 1,12,000 + 63,875 + 30,000 + 50000 = Rs. 2,55,875
Activa 6G 125 Dlx - Fx(BS-VI) (nowhere near in terms of features & Performance to OLA):
On-road price in my city Nagpur = Rs. 1,02,807
Average estimated price of petrol for 10 years = Rs. 150
Average 10 years mileage = 30km/ltr.
Cost per KM = 150 % 30 = Rs 5/km
Daily running = 25KM
10 years cost of running = 5 x 25 x 365 x 10 = Rs. 4,56,250
10 year approx maintenance cost = 3500 x 10 = 35000
Ownership cost = 1,02,807 + 4,56,250 + 35,000 = Rs. 5,94,057
In 8 years the total running mileage as per your assumptions would be 1 lakh 46k km.. The vehicle's average life is 10 yrs. In the remaining 2 yrs the EV running cost is @12775 per annum @ 0.70 per km, and in 2 yrs is 25550/- as against 1,27,750 per year, total 2 lakh 55k cost for a petrol. 2.30lakh savings in 2 years doesn't make any sense to go for EV. In the next 10 years, one can benefit from EVs when Upfront cost is reduced to half and become affordable for a common person.
Jiske paas 19 Lakh pada hua hai, wo 12 lakh cash payment kar k petrol/diesel gaadi le le aur 7lakh paisa invest kar de.
Jinke paas 19 Lakh cash nahi hai, wo bhai Loan lekar Electric car le lo.
EVs have better ride stability but horrible rear seat comfort due to battery pack placement and rear seat hight adjustment. This is valid for Nexon, Altroz, Kona and upcoming XUV 400ev. It'll take some time for ev design to be mature enough in budget car segment (10-20L)
Thank you sir your last 13:42 minutes changed my mind to buy petrol engine.
In petrol engine also pollution is reduced because of BS6 norms. EV are not practical as compared with petrol vehicle
एक vidio without Driver carपर बना ये की बिना ड्राइवर वाली कार भारत मै चल पायेगी या नही, क्यो नही आ रही कब तक आयेगी,आयेगी या नही आयेगी।
Sir… right now RV adoption ratio vs manufacturing cost is not equal…. Manufacturing cost is high due to low units manufactured at higher costs… once people’s mindset change and companies improve their EV range… more units will sell and prices will reduce… making EV the clear winner for long run in every aspect…
So I finally went for CNG, lot of innovations still will happen in the next 10 years for EVs and probably other fuel options will also evolve
The comparison should consider 100% Finance scenario and Tax Saving options against EV purchase. Would that make difference?
Sir findings of lithium in J&K, Rajasthan + day by day reducing the cost of EV thorough technology + eco-friendly will be the game changer in the future !