Electric vs Petrol Car which should you choose?

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Electric vs Petrol Car which should you choose?

As automobile manufacturers and dealers begin to offer year-end discounts. Incoming buyers are considering a number of options. Gas and diesel prices are rising this year, and cities are becoming increasingly polluted. Technical Dost will answer this question: Do I need to buy an electric vehicle?

A prospective buyer’s inquiries are limitless: Are electric vehicles less expensive in the long run? Where and how can I charge my car? Is the charging infrastructure in place? ET Wealth evaluates the benefits and compares them to other fuel-efficient vehicles to assist such buyers. Electric vs Petrol Car which should you choose by Technical Dost.

Electric vs Petrol Car which should you choose?

Growth and prospects

An electric vehicle powered by batteries can run entirely or primarily on electricity. Internal combustion engines are used in both gasoline and diesel vehicles (ICE). Despite the fact that India’s electric vehicle (EV) sector is still in its infancy, JMK Research & Analytics predicts that by 2025-2026, 12% of all passenger cars will be electric vehicles as a result of government initiatives to upgrade infrastructure and provide incentives.

In reality, new electric passenger car registrations increased by 109% year on year (y on y) in 2020, while sales increased by 361.78% y on y. The government also launched FAME, which stands for Faster Adoption and Manufacture of (Hybrid and) Electric Vehicles.

However, which is currently in Phase II (2019-2022) and provides numerous financial benefits to both producers and customers. To raise awareness about EVs, the government has launched a website at https://www.eamrit.niti.gov.in/. Electric vs Petrol Car which should you choose?

Electric vs Petrol Car which should you choose?

Pros and cons

Despite rising expectations, the EV category faces a number of challenges that make it difficult to compare to other fuel-powered vehicles. “You will need to consider a variety of factors, such as your spending priorities,” when purchasing an EV.

You must decide whether you require a larger vehicle or whether going green will be more beneficial in the long run and will offset the increased costs, he continues. Consider the advantages and disadvantages of e-cars to find solutions to these and other issues.

Electric vs Petrol Car which should you choose?
Electric vs Petrol Car which should you choose?


Reduced operating costs: The cost of fuel and operating costs are important considerations when purchasing an EV. Domestic power rates range between Rs 8 and Rs 10 per unit because EVs require electricity to charge their batteries. The cost of fuel or diesel is significantly higher than the monthly operating expenses.

As a result, if you drive 30 kilometers each way in Delhi every day, you will end up paying Rs 5,375 per month for gas. Consider the cost of recharging an EV with a range of 312 km and a battery capacity of 30.2 kWh. It will only cost Rs 697 per month to charge at home, and Rs 392 to charge at a public charging station.

This means that the cost per kilometer for a gasoline vehicle with an estimated mileage of 17 km/liter will be Rs 5.97. However, the cost per kilometer for an EV with a capacity of 30.2 kWh will be Rs 0.43. The price of electricity varies by state, but it is always less expensive than the price of gasoline or diesel.

  • Lower maintenance cost

Maintenance and repair costs will be reduced due to the way electric vehicles are built. Expect to pay less for maintenance because EVs have fewer moving parts. As a result, they do not require as many new fluids or filters. Tata, for example, estimates that maintenance will cost approximately Rs 25,000 over a five-year period. Compared to a gasoline or diesel vehicle, which would likely cost Rs 7,000-10,000 per year.

Top Low-Maintenance Cars In India

  • Cleaner environment

Many buyers are swayed by the fact that EVs emit no carbon dioxide and reduce air pollution. Even if the pollution from tailpipes is zero, it must still be considered. Furthermore, emissions from power plants where electricity is generated, especially if the plant uses coal or fossil fuels. In practice, EVs do not emit zero carbon dioxide, but they do emit less than gasoline and diesel vehicles.

  • Better performance

According to a website based in the United States, EV batteries convert 59-62% of their energy into vehicle movement. Because gasoline-powered vehicles only convert 17-21% of their fuel, EVs are more efficient. They also accelerate quickly, resulting in excellent torque and responsiveness. Because their powertrains have fewer moving parts, the majority of EVs have larger interiors with flat flooring.

  • Tax benefits

Section 80EEB allows a deduction of Rs. 1.5 lakh for interest paid on loans taken to purchase EVs beginning with the fiscal year 2020-21. The loan must be approved before the 1st of April, 2019. It is only available to individual taxpayers or individuals running businesses, and it expires on March 31, 2023. While hybrid and electric vehicles will be exempt from the rule.

EVs are also exempt from paying road taxes and registration fees in some states, including Delhi, and the GST has been reduced from 12% to 5%. A subsidy of Rs 10,000 per kWh is being offered for the first 1,000 years of the capital’s “Switch Delhi” campaign, with a maximum of Rs 1.5 lakh per vehicle.

Electric vs Petrol Car which should you choose?

Electric vs Petrol Car which should you choose?
Electric vs Petrol Car which should you choose?


Increased initial cost: At the moment, the high initial cost is a major deterrent to purchasing electric vehicles. The fact that a larger petrol car can be purchased for the same price makes this a deciding factor for many, despite the fact that it can be offset by low fuel, running, and maintenance costs, as well as tax credits.

  • Lack of infrastructure

Although you can charge your electric vehicle at home, it is less expensive to do so at one of the few public charging stations that are available. Companies in the public and private sectors have already built and plan to build station networks, but it will be at least another five years before a substantial network is established.

FAME II has added up to 350 stations; Tata has built 1,000 stations and plans to build 10,000 more in three years; IOCL has 448 EV charging stations and 30 battery swapping stations and plans to set up 10,000 at its current fuel stations in three years; and BP is planning to build 7,000 stations in the coming years.

  • Longer charging time

While a gasoline or diesel vehicle can be filled in minutes, charging a vehicle at home will most likely take six to eight hours. Even with quick chargers and larger cells, charging a battery to 80% will take 35 to 60 minutes.

  • Limited drive range

While you can fill up a gasoline or diesel vehicle in a matter of minutes, charging a vehicle at home will most likely take six to eight hours. Even with quick chargers and larger cells, charging a battery to 80% takes 35 to 60 minutes.

  • Fewer options

India currently has 4-5 mass-market electric vehicles and 5-6 premium vehicles, with another 5-6 expected to be introduced in the coming year. Despite the likelihood that government incentives to manufacturers will increase their number, consumers currently have a limited selection.

  • Higher insurance cost

While high-capacity batteries and advanced technologies raise the cost of electric vehicles, the cost of EV insurance is higher than that of gasoline vehicles. Even though e-cars have fewer parts, these parts are more expensive to maintain or replace, and batteries are extremely expensive to maintain or replace. Although Irdai has reduced third-party insurance rates by 15%, comprehensive coverage rates are significantly higher and cancel out the discount.

Electric vs Petrol Car which should you choose?
Electric vs Petrol Car which should you choose?

“Electric vs Petrol Car” What should you buy?

If you care deeply about the environment, consider purchasing an electric vehicle (EV), as the initial high cost will be offset in a few years. Also, if there are public charging stations nearby or if you can build one at home, take advantage of them. However, waiting two to three years makes more sense because you’ll have access to a wider range of vehicles and a more robust network of charging stations.

Electric vs Petrol Car which should you choose?


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