Is it more expensive to buy an EV or a Petrol car? Understand the full details of 50,000 KM

Is it more expensive to buy an EV or a Petrol car? Understand the full details of 50,000 KM

Amidst rising fuel prices and pollution, there is only one big question in the mind of every car buyer today, whether to buy an electric car (EV) or a petrol car? At first glance, EV seems expensive due to its high price, whereas petrol car fits in the budget. But the real game starts when the car hits the road.

Do you know that after driving just 50,000 kilometers, there is a huge difference in the cost of both? An EV, which may seem heavy in initial investment, can save you lakhs of rupees after covering long distances. Come, without any confusion, let us understand which car will prove to be the real value for money for you with simple mathematics of maintenance, running cost and resale value.

Mathematics of Initial Price (Buying Cost)

There is a big difference in the starting price of petrol and electric cars. Generally, compared to a petrol car of the same segment and model, its EV variant is costlier by around Rs 3 to 5 lakh.

Petrol Car: Low starting price, low down payment and low loan EMI.

Electric Car: Higher starting price, but the difference is reduced slightly due to tax exemptions and subsidies on road tax and registration fees in many states.

Running cost: direct calculation per kilometer

The real cost of driving a car is decided from here. While petrol prices are skyrocketing, electricity rates are quite cheap.

Petrol Car: If the car gives a mileage of 15 km/litre and petrol is ₹100/litre, then the cost per kilometer comes to around ₹6.66.

Electric Car: It takes about 30-40 units of electricity to fully charge a normal EV (costs about ₹ 300), which enables it to travel 300 km. According to this, the cost of EV comes to only ₹ 1 to ₹ 1.50 per kilometer.

Total savings after 50,000 kms

Let us now compare the total expenses on fuel and charging after driving 50,000 kms:

type of expense Petrol Car (Mileage: 15 km/l) EV charging costs
cost per kilometer ₹6.66 ₹1.20
Total cost of 50,000 km ₹3,33,000 ₹60,000
Direct savings (on fuel) ₹2,73,000

conclusion: The EV saves you around ₹2,73,000 on fuel costs alone, which covers a large part of its higher starting price.

Difference between maintenance and servicing

Maintenance of electric car is very cheap as compared to petrol car. Come, let us know about both-

Petrol Car: Servicing costs for every 10,000 km range from ₹5,000 to ₹8,000 due to engine oil, oil filter, spark plugs, coolant and gearbox. By 50,000 km this cost increases to ₹ 30,000 to ₹ 40,000.

Electric Car: There is no engine in an EV, so neither the oil has to be changed nor the moving parts get damaged. It only costs tyres, brake pads and AC filter. Its maintenance cost in 50,000 km is less than half that of petrol.

What is better for you?

After driving 50,000 kilometers, the EV not only recovers the extra cost of its petrol variant, but also starts saving you lakhs of rupees (about more than Rs 3 lakh including fuel + maintenance).

Buy EV then: If your daily commute is more than 50-60 kms, you want to keep the car for 5-7 years and you have charging facility at home.

Buy a petrol car then: If your annual running is very low (less than 500 km a month), budget is limited or you often travel on long routes where charging infrastructure is weak.

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Is it worth lakhs of rupees as soon as the EV battery gets damaged? know the truth

Is it worth lakhs of rupees as soon as the EV battery gets damaged? know the truth

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Is there a shock of lakhs of rupees as soon as the battery of the electric car gets damaged? This fear stops many people from buying an EV. But the real picture is something else. Most of the companies in India are giving battery warranty of up to 8 years, whereas in many cases there is no need to replace the entire battery. Know the complete truth about battery cost, life and repair of companies like Tata, Mahindra, MG and BYD.

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Does lakhs of rupees get spent due to EV battery failure? Know

With the increasing popularity of electric vehicles (EV), the biggest question is how much will it cost if the battery gets damaged? Will the bill really be as much as a new car? Many potential buyers step back due to this fear, but after understanding the actual figures and the policies of the brands, the picture becomes quite clear. The batteries of most electric cars in India come with a warranty of 8 years or 1.6 lakh kilometers (whichever is earlier).

During this period, if the battery capacity goes below 70%, then most companies have a provision for free replacement or repair. Tata Motors is offering 15 years lifetime battery warranty (unlimited kilometres, for the first owner) on some premium models (like Nexon EV 45 kWh, Curvv EV, Harrier EV). Mahindra and other brands also offer a standard warranty of 8 years/1.6 lakh km. The warranty of companies like MG, Hyundai and BYD is also around this.

If no warranty, how much will it cost?

Cost of replacement outside warranty depends on model and battery size. The cost of 25-30 kWh battery in small cars (Tata Tiago EV, Punch EV, MG Comet) can range from ₹ 3 lakh to ₹ 5 lakh. Estimates for mid-size SUVs like Tata Nexon EV (30-45 kWh) range from ₹3.5 lakh to ₹6-7 lakh. Larger or premium models (MG ZS EV, BYD Atto 3 etc.) can go from ₹5 lakh to ₹9-12 lakh. The cost per kWh is currently around ₹15,000-20,000. However, battery prices are falling rapidly globally.

When does the battery go bad?

The reality is that the battery does not get completely damaged suddenly. Modern lithium-ion batteries can easily last for 8-12 years or 1.5-2 lakh km with proper usage (maintaining 30-80% charge, protection from direct sunlight, regular servicing). Real-world degradation ranges from 10-20%. In many cases, instead of replacing the entire battery, repairing a few cells is enough, which can cost ₹ 50,000-1.5 lakh.

changing technology

Companies like Tata, Mahindra are making battery packs modular, which will make repairs easier and cheaper in future. Taking a battery protection add-on in insurance can provide additional protection. In the long run, the petrol-diesel savings (up to ₹50,000-1 lakh per year) and low maintenance (no breaks, oil changes etc) offset the battery costs.

Summary: While buying a new EV, be sure to check the battery warranty details, service network and Battery Health Reporting System (BMS). With the right model and usage, the chances of getting a bill of lakhs are very less. The future of EVs is clear – battery technology is getting cheaper and better. Take decisions with information instead of fear.

About the Author

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Ram Mohan MishraSenior Sub Editor

Ram Mohan Mishra, working as Senior Sub-Editor at News18 Hindi, is active in digital media since 2021 and is currently handling the Auto Desk. They provide car and bike related information in an easy, clear and reliable manner.read more



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EV vs Petrol: Before buying a new car, know the mathematics of real running cost for 5 years.

EV vs Petrol: Before buying a new car, know the mathematics of real running cost for 5 years.

Buying a new car is a big decision in life, but nowadays this decision does not depend only on design or features. The skyrocketing prices of petrol and diesel have forced people to turn to other options. In such a situation, EVs have emerged as a much better option. If you are planning to buy a car in the coming days and are confused about which would be better to choose between petrol or EV car, then this article is useful for you. We have taken Nexon ICE and Nexon EV as examples.

At present, the average price of petrol has reached ₹ 94.50 to ₹ 95.50 per liter, while the cost of EV charging at home is only ₹ 1 per km. Could 5-year running costs prove to be a game-changer for an average Indian buyer who drives 15,000 km every year? Amidst the government EV policy, extension of FAME-II and falling battery prices, the discussion on EV is in full swing, but is it really cheaper? Or will the petrol car prove to be old reliable? In this article we will learn about the difference between these two.

Understand mathematics from Nexon ICE and Nexon EV

We have taken Nexon ICE and Nexon EV as examples. This includes Tata Nexon Petrol (XZ+ variant) and Nexon EV (Empowered Plus). The on-road price of petrol Nexon will be around ₹ 13-14 lakh, while the price of Nexon EV will go up to ₹ 17-18.5 lakh. This means that there is going to be an additional expenditure of ₹ 4-5 lakh initially on EV, but this is where the real story begins. Let us understand the advantages and disadvantages between the two.

Fuel/charging costs

Suppose you run 15,000 km annually, then in 5 years the total running will be 75,000 km. Real-world mileage of the petrol Nexon is assumed to be an average of 15 km/litre (city-highway mix). In this way, the total petrol consumption will be 5,000 liters. At ₹ 95/litre, you will buy fuel worth ₹ 4,75,000 in 5 years.

On the other hand, the real-world efficiency of the Nexon EV is 7 km/unit (AC charging at home). In this way, if it travels 75 thousand kilometers in 5 years, it will spend a total of 10,714 units. Domestic tariff in UP averages ₹6-8/unit. Round figures ask for ₹7/unit. In this way, the total expenditure in 5 years will be only around Rs 75 thousand. If we compare both, there will be savings of around Rs 3-3.30 lakh in 5 years.

maintenance cost

In a petrol car, parts like engine oil, filter, timing belt, spark plug and clutch have to be changed. Apart from this, it is also necessary to get service done every 10,000 km. In this way, the total maintenance in 5 years will be between ₹ 60,000-75,000.

At the same time, there is no engine in EV. You only have to spend a little on brake pads, tires and software updates. Battery warranty is 8 years/1.6 lakh km. Total maintenance is only between ₹15,000-25,000. In this way, there is a saving of Rs 40-50 thousand on the maintenance and service front also.

insurance and tax

Due to the higher ex-showroom price of EV, annual insurance is ₹ 10-15% costlier (1st year ₹ 80,000 vs petrol ₹ 50,000). Total insurance for EV in 5 years will be ₹3-3.5 lakh, for petrol ₹2.5-2.8 lakh. However, in many states EVs are getting 50-100% exemption in road tax. The registration charge on EV is also less in UP. Overall this difference remains ₹ 50,000-70,000.

Total 5 Year Ownership Cost (75,000 km)

  • Petrol Nexon: Purchase ₹13.5 lakh + Fuel ₹4.75 lakh + Maintenance ₹65,000 + Insurance ₹2.7 lakh. In this way the figure reaches around ₹22 lakh.
  • Nexon EV: Purchase ₹ 18 lakh + Charging ₹ 75,000 + Maintenance ₹ 20,000 + Insurance ₹ 3.2 lakh. Its total figure also reaches around ₹ 22 lakh.

The numbers of both appear to be almost equal, but for those who drive more than 15,000 km/year, the EV breaks even in 3-4 years. At 20,000 km/year, EV becomes cheaper by ₹ 2-2.5 lakh in 5 years. If you drive a taxi/cab, the savings will be even higher.

Resale value and other factors

Resale of petrol cars is considered better, but battery technology of EV is getting perfected. In 2026, the resale value of Nexon EV after 3 years is expected to be 55-60% and petrol can also get resale value around 60-65%.

Which one makes sense to buy?

If you drive less than 40-50 km daily and the budget is tight, then a petrol car is still safe. If you have 12,000+ km/year, home charging facility and plan to keep it for 5+ years, then EV will be a smart choice. By buying an EV you will also be able to save 10 tonnes of CO2 in 5 years. With time, charging infrastructure will also improve, which will make driving EVs much better.

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