Ev Calculator India With Price

Total Ownership Cost Formula:

\[ \text{Total Ownership Cost (INR)} = \text{Purchase Price (INR)} + \text{Operating Cost (INR)} \]

Purchase Price (INR):

₹

Annual Kilometers Driven:

km/year

Ownership Period:

years

Electricity Cost:

₹/kWh

Vehicle Efficiency:

kWh/100km

Total Ownership Cost (INR):

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1. What is Total Ownership Cost?

The Total Ownership Cost (TOC) of an electric vehicle in India includes both the upfront purchase price and the operating costs over the ownership period. This provides a more complete picture of EV affordability compared to just looking at the sticker price.

2. How Does the Calculator Work?

The calculator uses the following formula:

\[ \text{Total Ownership Cost} = \text{Purchase Price} + (\text{Annual Kilometers} \times \text{Years} \times \text{Efficiency} \times \text{Electricity Cost}) \]

Where:

Purchase Price — Vehicle ex-showroom price in INR
Annual Kilometers — Yearly driving distance in km
Years — Ownership duration
Efficiency — Energy consumption in kWh per 100km
Electricity Cost — Cost per kWh in INR

3. Importance of EV Cost Calculation

Details: Understanding total ownership costs helps compare EVs with conventional vehicles and make informed purchasing decisions, as EVs typically have higher upfront costs but lower operating expenses.

4. Using the Calculator

Tips: Enter accurate values for all fields. Typical EV efficiency ranges from 12-20 kWh/100km. Use your actual electricity tariff for most accurate results.

5. Frequently Asked Questions (FAQ)

Q1: What other costs should I consider?
A: This calculator focuses on energy costs. Also consider insurance, maintenance, battery replacement (if needed), and resale value.

Q2: How accurate is this calculator?
A: It provides a good estimate but actual costs may vary based on driving patterns, electricity rates, and vehicle condition.

Q3: What's the average efficiency of EVs in India?
A: Most Indian EVs achieve 12-18 kWh/100km depending on model and driving conditions.

Q4: Should I include subsidies?
A: Yes, subtract any government subsidies from the purchase price before entering.

Q5: How does this compare to petrol vehicles?
A: EVs typically have 70-80% lower fuel costs but higher upfront prices.