Paying extra to buy EV over petrol car? OpEx advantage may shock you; check break-even point, ROI, cash-flow benefits
New Delhi, Oct. 28 -- Paying more for an electric car can feel difficult when comparing showroom prices. However, lower running costs could help recover that extra payment over time. The key question is how much you drive every day.
The real advantage lies in the Operating expenses (OpEx). Consider a compact SUV driven 40 km daily, covering around 14,600 km annually. Assume the petrol version delivers 15 km per litre. Let's say petrol costs Rs.100 per litre. The electric version covers 8 km per unit of electricity, costing Rs.8.
These assumptions put petrol expenses at roughly Rs.6.66 per kilometre. The EV costs Rs.1 per km, reducing energy expenses by about 85%. Annual petrol spending reaches Rs.97,333, against electricity expenses of ...
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