EV Cost Equation:
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This calculator estimates the total cost of owning and operating an electric vehicle in India, including the base price, taxes, and electricity costs based on your driving distance.
The calculator uses the following equation:
Where:
Explanation: The equation calculates both the upfront costs (price + tax) and the running costs based on electricity consumption.
Details: Understanding the total cost of ownership helps compare EVs with conventional vehicles and make informed purchasing decisions.
Tips: Enter all values in the specified units. For accurate results, use your local electricity rates and the manufacturer's stated energy consumption for your specific EV model.
Q1: What's a typical energy consumption for EVs?
A: Most EVs consume between 0.15-0.25 kWh/km, depending on model and driving conditions.
Q2: How do I find my electricity rate?
A: Check your electricity bill or contact your local power distribution company.
Q3: Should I include subsidies in the base price?
A: No, enter the actual vehicle price before any subsidies or incentives.
Q4: What taxes should I include?
A: Include GST, registration fees, and any other mandatory charges.
Q5: Does this include maintenance costs?
A: No, this calculator focuses on purchase price and electricity costs only.