EV Cost Calculation Formula:
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The EV cost calculation estimates the cost of driving an electric vehicle for a given distance in India based on electricity rates and the vehicle's energy consumption.
The calculator uses the following equation:
Where:
Explanation: The equation calculates the total cost by multiplying the electricity cost by the energy needed for the distance.
Details: Calculating EV running costs helps compare with petrol/diesel vehicles, plan charging budgets, and understand cost savings.
Tips: Enter electricity rate in INR/kWh (check your electricity bill), your EV's energy consumption (available in specifications), and trip distance. All values must be positive numbers.
Q1: What's a typical energy consumption for EVs?
A: Most EVs consume between 0.12-0.20 kWh/km, depending on model and driving conditions.
Q2: How does this compare to petrol vehicles?
A: EVs typically cost 1/4 to 1/3 of petrol vehicles per km in India (₹1-2/km vs ₹4-8/km for petrol).
Q3: Where can I find my electricity rate?
A: Check your electricity bill or your state's electricity regulatory commission website for tariff rates.
Q4: Does this include charging losses?
A: No, this is a basic calculation. For more accuracy, add 10-15% for charging inefficiencies.
Q5: How accurate is this calculation?
A: It provides a good estimate, but actual costs may vary based on driving style, terrain, and temperature.