Is switching to an electric car in India worth it?

With petrol prices on the rise and more electric vehicle (EV) choices available, many drivers in India are wondering if now is the time to switch. EVs used to be seen as too expensive, but that’s changing. The government is offering subsidies, batteries are cheaper, and charging stations are growing fast.

Let’s look at how much money you can save each month by switching from a petrol car to an electric one.

1. Saving on fuel: the biggest difference

For most drivers, fuel is one of the biggest recurring car-related expenses. In India, petrol prices in many cities hover around Rs 100 per litre. Over time, this can have a serious impact on your monthly budget.

Let’s say you drive around 50 km daily — that adds up to roughly 1,500 km per month. A petrol car with an average mileage of 15 km/l would need about 100 litres of fuel, costing you approximately Rs 10,000 each month.

Now compare that to an electric vehicle. EVs typically run 6 km per kilowatt-hour (kWh) of electricity. To drive the same 1,500 km, you’d need about 250 kWh. At an average rate of Rs 8 per unit, that’s just Rs 2,000.

Estimated monthly fuel savings: Rs 8,000

You could save more by:

• Charging........
  

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