U have calculated 8yr ev running cost but u forget to add the battery replacement cost which is about 5L according to Tata. Bcoz after 8-10 years battery life dead or decreases.
Nano tech please note that the entire battery need not be changed . Only few cells go bad which can be replaced and the battery becomes new. As you know these batteries are made of individual lithium ion cells and are connected together in housing . Even if the battery is degraded it can be used to store power and connected to solar panels . By the way what do you do under the name Nano Tech. I am asking because I am dealing in Nanotechnology products
Half knowledge is dangerous they give warranty for 8 years but they have tested both motor and battery for 1million km. So its not like your warranty finishes battery decreases.
You didn't mention if there will be any need to change the battery unit after 8/9 years of use. There will be a huge cost to pay again cause battery is the main component of EV.
What about extra payment that one have to pay for same looking car Nexon for EV? One can buy Harrier in that price ? No one is talking about replacement cost of battery after 8 years of warranty. What will be resale value of Nexon ev compare to a petrol or Diesel Nexon , after battery is degraded after using 8 years ? I think No one will buy that until We replace new battery in that Car. So i think that overall Cost of EV car in long run is not calculated in a right way in this video. Right now it is said by TATA that 40% of overall cost of Nexon ev is for battery. So one can have an idea about actual battery replacement cost after 8 years or whenever required...
Even fuel price rise as today its 118rs per liter, still petrol is cheaper as you have to pay upfront 5 lakh more. You can get petrol car and sell it after 5 year and get different car is still cheaper then EV.
Great explanation. Price should be max 20% extra than petrol if not same then only people will buy it. I drive just 8km daily so it totally makes sense to but petrol/diesel.
What if you make an 'FD' or invest in a mutual fund with that 5 Lac rupees. In 8 years you can buy another Nexon. Currently combustion engines still are slightly more economical than EVs. EV's will be great if you know you don't have long journeys and use your vehicle for daily fixed short trips. I really want to adopt to an EV as they are the future. But in India, it will take a couple years to adopt it completely.
Amazing content. Electric cars are value for money if you drive atleast 30,000 km per year. And with present petrol price of 100 per litre. You can save nearly 2 lakh rupees per year if you drive 30,000 km. Here comes the twist, the warranty will end either after 1.6 lakh km or 8 years. So driving 30k km per year, the warranty will finish is 5 years 4 months. And by this time you eill have saved 10-11 lakh rupees in total. It is not necessary to replace the battery immediately after the warranty. But you would slowly get lower range with time. If, god forbids, you ever need to change the battery on Nexon EV, it would cost around 7-8 lakh rupees. But that will only happen after 2 lakh km of running. Your next 60,000 km might save lesser money of about say 3 lakh. The total savings would rise to 13-14 lakh. The whole thing is if you bought an electric car. Drive it like hell... Drive drive drive.... Don't shy... Car ka bailgaadi bana do itna chalao... electric car ko tabhi asli fayada hoga
Very good, underrated video. Its good that you have updated details in description. Few extra points to consider are, Intrest need to pay for additonal intial investment required for EV & Road tax discounts. But that changes state to state.
Thank-you for watching sir and providing some extra points to consider. I will try to generalize it or Calculate those points for one particular state and add those calculations in description.
200 km range is not maximum. We are getting 230 km in city driving. It is not half of petrol car maintenance. It is 25% of it. We can recover the cost fast when we is it more per day.
U forget to take battery depreciation yr on yr basis , as it will not deliver the same 200 km on full recharge, it will gradually decrease , hence increasing the ev cost
A diesel car easily give 20+ mileage on 80-90 km/h speed cruise , diesel cars efficiency 40-45% . And cheaper than petrol . If you want more efficiency on your car please convert it to sequence type computerized LPG . Lpg gives you same mileage like as petrol operated but price is totally almost half cost . only 55 rupees per litre . but investing on 6 lakh rupees more on EV is totally not value for money .
1.EV should be made toll free or 50% off in toll prices/cashback. 2.Every state should provide subsidies at the time of purchase. 3.More charging stations to be installed specialy on Highways/Petrol pumps. 4.Technolgy for increasing RANGE and decreasing Charging time.(it will take time but it will happen for sure) #opinion
Work is in progress about range increase . Now In USA private players offer range enhancement services at a reasonable price and they also offer repairs to the OEM battery where only few cells go bad and can be replaced . Individual Lithium Ion cells are available. After replacing the cells the battery becomes new and good for many more years . There are cars which have done 1,99,000 kilometers and the battery is still in 100% state of charge and has not degraded. After degradation to 80% power this battery can be used to store power and connected to solar panels .
I dont think there is a govt. subsidy on purchase for Nexon EV. The 1.5 lakh referred to is an income tax deduction on payment of interest of loan taken from bank for purchase of EV.. just like housing loan deduction under 80 C
The last part that is pricing comparison needs to be looked at again . Where are the subsidy and incentives. In reality the Ex Showroom price of Top variant of Nexon EV is 16.40 lakhs . Subsidies are to be factored in .
Yes you are absolutely right. If you check the description I have explained the same there. Sorry I was not able to include this while making the video.
Nice calculation & explanation BUT.. In case of Electric vehicles you’re calculating all the scenarios & practical conditions to its minimum but in combustion engine vehicles case to its maximum. Any combustion engine car suppose 1.2 L petrol engine doesn’t gives you 15. km/L in cities (though they tell this on paper but in the real world scenarios it would hardly give up to 12 km/L -14 km/L or even less than this depending on the traffic and the driving condition). EV’s range on paper is suppose 250 km/ full charge. You’re calculating to its minimum i.e. out of 250 it would give minimum of 200 kms depending on the driving conditions and traffic. Nexon can easily range up to 220 kms in normal driving condition. In future the fuel prices will keep on increasing which has no substitute whereas regulating the cost of electricity is in our hands by installing the solar panels on our homes, buildings & parking spots or even small wind turbines in residential apartments, societies/ work places {which may sound difficult but not impossible as there are even stick turbines invented which looks like a vertical pole mounted on the roof top / balcony that generates electricity by vibrations through wind}. Suppose there’s a humongous traffic jam of 2-3 hours, The Worst case scenario for EV can be up to 150- 170 kms/charge but in case of petrol/ diesels vehicle the worst case scenario would be 10 km/L + more than Rs 100 price hike in the future. In short petrol/ diesel price will keep on rising & electricity cost may vary if we invest in renewable sources.
Now petrol cars can also be converted into EV . ETrio is one such company which is offering the conversion for Alto, Wagon R , Dzire ,swift and also for Tata Ace .These are RTo approved. Cost is any thing between 4 to 7 lakhs with car and less if you bring your own car .
What about battery change after 8yr in Ev car. And also if u save extra cost of 5 lakh in petrol and invest it for 8 yrs it ll give u back much more. Ev prices shud come down . That can help people and environment ☺️
battery replacement can be more expansive then your analysis because after eight year patrol car will runs at their best but what about ev if after eight year battery replacement cost will more than 5 lakh then what about your ananlysis because it will more expansive than patrol car
EV's are now in Iteration 1. We can see lot of improvements in coming years with battery and other features which eventually increase the efficiency and decrease the cost of the car. atleast in 3 to 4 years we can see more difference with improvements in infra too.
Yes. First 3 services are free of cost from TATA and later each year service cost is 6k on an average. If you want the breakup for each year pls check this link - www.mycarhelpline.com/index.php?option=com_easyblog&view=entry&id=621&Itemid=91
As per that point of view no vehicle should be purchased . All the money spent on any vehicle should be put in a fixed deposit and from the interest earnings a taxi can be hired . As per my view cost never matters . If you are decided you will buy a product.
In upcoming years, PPL need more electricity and if production is less the unit price will be higher ,yes mass production may reduce the price of battery but it's the same if required electricity is not fulfilled then price will be go up but even then it's price is cheaper than petrol so good
India produced around 771 TWh in 2009 which rose to around 1249 TWh in 2019. India is the 3rd largest producer n also the 3rd largest consumer of electricity in the world. I don't think per unit cost would go high. It would sustain itself to a level of around 10.
Government will look for to loot money from ppl only, once petrol consumption reduced they hike the price of electricity or they may say electricity for charging vehicle will be treated commercial and per unit will be 20 plus GST.
U should have also mentioned that govt is providing subsidiary on purchase of ev on the basis of per kWh like 10k per kwh. Plus it is also giving income tax rebate of 1.5lakh. Plus it has also waived off the registration and road tax charges for ev. So adding it to the prices, total cost of ev comes down and ur payback period decreases.
Yes sir. I know i forgot to add this while making the video. Therefore if you check the video description, i have explained the same there. I apologize for not adding the same during video creation.
@@noufalgurukkal if you calculate the city mileage it's around 12-13 and on highways, you can get around 16-17, so combined mileage is actually 55% of city value + 45% of highway value, which is 14.8 if you take the upper limits. But mostly it depends upon how efficient you can drive.
@@knowledgeresurrection7873 correct .. and I think there will a small variation too when we calculate the On road price as Petrol and Diesel car costs more while EV costs less. that too narrows the gap .. right ??
Sir, It all depends upon how efficient you drive and what are the ambient conditions, for safety I have taken the least value, so that even with inefficient driving you can get 200 km.
@@knowledgeresurrection7873 Yes. But what about renewal of insurance every year? You are comparing on a 8 year horizon. In addition to this, you could have given an estimate: How much min running should one have in a year to actually benefit from an EV? As evident from your calculations if running goes lower than certain value, the petrol car would become cost effective.
Good video... Excellent narration. As one has pointed out battery replacement cost(future value) after 8 years need to be considered. Also the on road price needs to be compared instead of ex showroom price. Bcoz taxation on petrol powered vehicles is greater than EVs.
Actually sir if you read the description, our Government is helping people with Subsidies and various incentives to promote the growth of electric vehicles in India. If you buy an electric car you can get subsidy of 1.5 lakhs and tax benefits also. You can also vist TATA Nexon EV site to know about all the benefits. I am extremely sorry, I couldn't include this information while making the video, therefore i tried to describe briefly in the video description. You can check it out. Plus as we know that electric cars can drastically reduce the pollution and now government is focusing more on renewable resources to generate electricity instead of thermal, so even the electricity generated to power this EV's will be mostly coming from renewable resources and will be clean, instead of polluting thermal power plants. Also almost 40% of the cost of EV is for the battery, but due to rapid developments in the battery technology, the overall cost will drastically reduce in coming years.
I don’t think people do cost benefit analysis before buying even a petrol car . The money or the price never matters .it is always a objection of perception. Once the objection is overcome the price becomes irrelevant.
😂in future electric would be costlier And Battery efficiency won't remain the same 🤗🤗 Intial investment is less in I C engine And extra payment which is needed to buy electric vehicle,I will invest into mutual funds 😂😂😂
Hi.. here I would like to have some corrections. The equivalent petrol variant to the top end Nexon ev would be the xza (o) variant bcoz it's automatic. On road Delhi is 13 lakhs. The difference is 4lakhs. In my hometown Bangalore xza(o) is 14lakhs. Difference is 3 lakhs.
The explanation I am looking for, one of the best cost analysis so far.
U have calculated 8yr ev running cost but u forget to add the battery replacement cost which is about 5L according to Tata. Bcoz after 8-10 years battery life dead or decreases.
Nano tech please note that the entire battery need not be changed . Only few cells go bad which can be replaced and the battery becomes new.
As you know these batteries are made of individual lithium ion cells and are connected together in housing .
Even if the battery is degraded it can be used to store power and connected to solar panels .
By the way what do you do under the name Nano Tech. I am asking because I am dealing in Nanotechnology products
Half knowledge is dangerous they give warranty for 8 years but they have tested both motor and battery for 1million km. So its not like your warranty finishes battery decreases.
One more point to add is price of battery will be less after 8 years because of mass production & technology upgrade
You didn't mention if there will be any need to change the battery unit after 8/9 years of use. There will be a huge cost to pay again cause battery is the main component of EV.
You just told the absolute truth I have been always looking for, it's shame that an electric to be very expensive
What about extra payment that one have to pay for same looking car Nexon for EV? One can buy Harrier in that price ?
No one is talking about replacement cost of battery after 8 years of warranty. What will be resale value of Nexon ev compare to a petrol or Diesel Nexon , after battery is degraded after using 8 years ? I think No one will buy that until We replace new battery in that Car. So i think that overall Cost of EV car in long run is not calculated in a right way in this video. Right now it is said by TATA that 40% of overall cost of Nexon ev is for battery. So one can have an idea about actual battery replacement cost after 8 years or whenever required...
What about the rising cost of fuel? Plus if you have solar panels for energy generation at your home, it will be much cheaper. Plus less pollution.
Even fuel price rise as today its 118rs per liter, still petrol is cheaper as you have to pay upfront 5 lakh more. You can get petrol car and sell it after 5 year and get different car is still cheaper then EV.
Good work.. I have seen many but you video was best 👍
Great explanation. Price should be max 20% extra than petrol if not same then only people will buy it. I drive just 8km daily so it totally makes sense to but petrol/diesel.
Amazing video. Perfectly explained differences which is more real-world oriented.
all your calcualtion is on point except maintainance cost in both cases
What if you make an 'FD' or invest in a mutual fund with that 5 Lac rupees. In 8 years you can buy another Nexon. Currently combustion engines still are slightly more economical than EVs. EV's will be great if you know you don't have long journeys and use your vehicle for daily fixed short trips.
I really want to adopt to an EV as they are the future. But in India, it will take a couple years to adopt it completely.
Amazing content.
Electric cars are value for money if you drive atleast 30,000 km per year. And with present petrol price of 100 per litre. You can save nearly 2 lakh rupees per year if you drive 30,000 km.
Here comes the twist, the warranty will end either after 1.6 lakh km or 8 years. So driving 30k km per year, the warranty will finish is 5 years 4 months. And by this time you eill have saved 10-11 lakh rupees in total.
It is not necessary to replace the battery immediately after the warranty. But you would slowly get lower range with time. If, god forbids, you ever need to change the battery on Nexon EV, it would cost around 7-8 lakh rupees. But that will only happen after 2 lakh km of running. Your next 60,000 km might save lesser money of about say 3 lakh. The total savings would rise to 13-14 lakh.
The whole thing is if you bought an electric car. Drive it like hell... Drive drive drive.... Don't shy... Car ka bailgaadi bana do itna chalao... electric car ko tabhi asli fayada hoga
Very good, underrated video. Its good that you have updated details in description. Few extra points to consider are, Intrest need to pay for additonal intial investment required for EV & Road tax discounts. But that changes state to state.
Thank-you for watching sir and providing some extra points to consider. I will try to generalize it or Calculate those points for one particular state and add those calculations in description.
@@knowledgeresurrection7873 you can claim deduction upto 1.5 lakhs / year for interest paid for EV Loan + SBI is offering lower interest rate for EV
Kindly also consider tax benefit i.e deduction of Interest on EV car loan upto 1.5 Lakhs
Income tax concessions also to be considered.... the price of nexon ev is reduced due to road tax concessions
Wow bro..what a detailed calculations
Hi. Thank you for the video.
You did not consider gov. subsidy for EV. How much diff. will it cost?
And after 8 years you wont start to save 56k per year. You will be buying new battery and how much would that cost
200 km range is not maximum. We are getting 230 km in city driving. It is not half of petrol car maintenance. It is 25% of it. We can recover the cost fast when we is it more per day.
Absolutely fantastic explanations. Good job bro.
U forget to take battery depreciation yr on yr basis , as it will not deliver the same 200 km on full recharge, it will gradually decrease , hence increasing the ev cost
A diesel car easily give 20+ mileage on 80-90 km/h speed cruise , diesel cars efficiency 40-45% . And cheaper than petrol . If you want more efficiency on your car please convert it to sequence type computerized LPG . Lpg gives you same mileage like as petrol operated but price is totally almost half cost . only 55 rupees per litre .
but investing on 6 lakh rupees more on EV is totally not value for money .
1.EV should be made toll free or 50% off in toll prices/cashback.
2.Every state should provide subsidies at the time of purchase.
3.More charging stations to be installed specialy on Highways/Petrol pumps.
4.Technolgy for increasing RANGE and decreasing Charging time.(it will take time but it will happen for sure)
#opinion
Delhi mai subsidy hai
Work is in progress about range increase . Now In USA private players offer range enhancement services at a reasonable price and they also offer repairs to the OEM battery where only few cells go bad and can be replaced . Individual Lithium Ion cells are available. After replacing the cells the battery becomes new and good for many more years . There are cars which have done 1,99,000 kilometers and the battery is still in 100% state of charge and has not degraded.
After degradation to 80% power this battery can be used to store power and connected to solar panels .
I dont think there is a govt. subsidy on purchase for Nexon EV. The 1.5 lakh referred to is an income tax deduction on payment of interest of loan taken from bank for purchase of EV.. just like housing loan deduction under 80 C
You also need to consider the cost of increasing petrol.
Which tool used for doodle?
Expect the same calculations for ola scooter when it comes out also consider battery replacement cost
The last part that is pricing comparison needs to be looked at again . Where are the subsidy and incentives. In reality the Ex Showroom price of
Top variant of Nexon EV is 16.40 lakhs . Subsidies are to be factored in .
Yes you are absolutely right. If you check the description I have explained the same there. Sorry I was not able to include this while making the video.
40k maintenance for 8 years?
No company covers the car maintenance for 8 years.
Oil change and battery change will add up for a 8 year period.
I have a swift which gives 10kmpl and now the price of petrol is 105rs in Hyderabad here, i really dont know what to do??
This 8.89 years will average out to 4-5 years with increasing petrol price. EV owners will benefit greatly from increasing petrol prices.
Nice calculation & explanation BUT..
In case of Electric vehicles you’re calculating all the scenarios & practical conditions to its minimum but in combustion engine vehicles case to its maximum.
Any combustion engine car suppose 1.2 L petrol engine doesn’t gives you 15. km/L in cities (though they tell this on paper but in the real world scenarios it would hardly give up to 12 km/L -14 km/L or even less than this depending on the traffic and the driving condition).
EV’s range on paper is suppose 250 km/ full charge. You’re calculating to its minimum i.e. out of 250 it would give minimum of 200 kms depending on the driving conditions and traffic. Nexon can easily range up to 220 kms in normal driving condition.
In future the fuel prices will keep on increasing which has no substitute whereas regulating the cost of electricity is in our hands by installing the solar panels on our homes, buildings & parking spots or even small wind turbines in residential apartments, societies/ work places {which may sound difficult but not impossible as there are even stick turbines invented which looks like a vertical pole mounted on the roof top / balcony that generates electricity by vibrations through wind}.
Suppose there’s a humongous traffic jam of 2-3 hours, The Worst case scenario for EV can be up to 150- 170 kms/charge but in case of petrol/ diesels vehicle the worst case scenario would be 10 km/L + more than Rs 100 price hike in the future.
In short petrol/ diesel price will keep on rising & electricity cost may vary if we invest in renewable sources.
What about valuebafter 8 years, ev car throw or spend another 4-5 lacs to replace battery while petrol car will have 4-5 lacs resale
Now petrol cars can also be converted into EV . ETrio is one such company which is offering the conversion for Alto, Wagon R , Dzire ,swift and also for Tata Ace .These are RTo approved. Cost is any thing between 4 to 7 lakhs with car and less if you bring your own car .
Suberly explained bro, hats off
Thank you very much for watching.
Fantastic analysis... Thanks.
Hi Bro, can you make a cost analysis between LPG and Electric Cars?
What about battery change after 8yr in Ev car. And also if u save extra cost of 5 lakh in petrol and invest it for 8 yrs it ll give u back much more. Ev prices shud come down . That can help people and environment ☺️
Now petrol 100 and milage of ev 250 in real world. According to my calculation emi can be paid by saving on fuel cost if we ride 100km pr day.
Nice explaination tq ....
Well explained 👍🏻👍🏻👍🏻
battery replacement can be more expansive then your analysis because after eight year patrol car will runs at their best but what about ev if after eight year battery replacement cost will more than 5 lakh then what about your ananlysis because it will more expansive than patrol car
EV's are now in Iteration 1. We can see lot of improvements in coming years with battery and other features which eventually increase the efficiency and decrease the cost of the car. atleast in 3 to 4 years we can see more difference with improvements in infra too.
You are absolutely right sir.
Only 40 k maintenance in 8 years for petrol version?
Yes. First 3 services are free of cost from TATA and later each year service cost is 6k on an average. If you want the breakup for each year pls check this link -
www.mycarhelpline.com/index.php?option=com_easyblog&view=entry&id=621&Itemid=91
Great explanation
Why don't people talk about battery replacement costs?
But how about the time value of the money. 5 lakh, if we take 8% interest also, we are loosing 40 k. In that EV is very expensive
As per that point of view no vehicle should be purchased . All the money spent on any vehicle should be put in a fixed deposit and from the interest earnings a taxi can be hired .
As per my view cost never matters . If you are decided you will buy a product.
In upcoming years, PPL need more electricity and if production is less the unit price will be higher ,yes mass production may reduce the price of battery but it's the same if required electricity is not fulfilled then price will be go up but even then it's price is cheaper than petrol so good
@@knowledgeresurrection7873 brother your video is superb please continue this Ev series we learning so much 👍
current electricity production is 112% and its increasing tremendously , so i dont think it will be any higher than rs8-10
India produced around 771 TWh in 2009 which rose to around 1249 TWh in 2019. India is the 3rd largest producer n also the 3rd largest consumer of electricity in the world. I don't think per unit cost would go high. It would sustain itself to a level of around 10.
Government will look for to loot money from ppl only, once petrol consumption reduced they hike the price of electricity or they may say electricity for charging vehicle will be treated commercial and per unit will be 20 plus GST.
U should have also mentioned that govt is providing subsidiary on purchase of ev on the basis of per kWh like 10k per kwh. Plus it is also giving income tax rebate of 1.5lakh. Plus it has also waived off the registration and road tax charges for ev. So adding it to the prices, total cost of ev comes down and ur payback period decreases.
Yes sir. I know i forgot to add this while making the video. Therefore if you check the video description, i have explained the same there. I apologize for not adding the same during video creation.
You forgot to adjust inflation for petrol and electricity
Bro ...
Good video
Planning on buying EV .. 👍👍👍
Go for it👍... And thanks for watching.
Is combined mileage really 15kmpl?...i heard its 10-12 in real world.
@@noufalgurukkal if you calculate the city mileage it's around 12-13 and on highways, you can get around 16-17, so combined mileage is actually 55% of city value + 45% of highway value, which is 14.8 if you take the upper limits. But mostly it depends upon how efficient you can drive.
@@knowledgeresurrection7873 correct .. and I think there will a small variation too when we calculate the On road price as Petrol and Diesel car costs more while EV costs less. that too narrows the gap .. right ??
Bro tata rigor ev not only for commercial
You did not said that you can save tax upto 1.5L for EVs.
Do a calculation for people driving more than 1000km a month, for 2000km ev will be more cost effective
Definitely sir, EV is far better in terms of driving cost. So if you drive more, cost will be less compared to IC Engine.
Yes you are right. The more you drive more it is cost effective.
Top model of nexon amt is 14.18L approx
The price diff is around 3.24L
Ev battery replacement cost after 8 year 4 L to 5L
new battery replacement in EV cost 1 lakh approx after 8 years.
After 5 year electric car battery full dammage .I.e should've calculate only 4 year.
33% range loss is wrong , it city drive is 250kms , and that the use case.
Sir, It all depends upon how efficient you drive and what are the ambient conditions, for safety I have taken the least value, so that even with inefficient driving you can get 200 km.
This is beacuse of regenerative breaking
You have not considered Insurance cost
I have mentioned the ON-ROAD price which already includes Mandatory Insurance Cost. Thanks for watching.
@@knowledgeresurrection7873 Yes. But what about renewal of insurance every year? You are comparing on a 8 year horizon. In addition to this, you could have given an estimate: How much min running should one have in a year to actually benefit from an EV? As evident from your calculations if running goes lower than certain value, the petrol car would become cost effective.
BTW, it's a good video nevertheless. Thank you.
Very nice suggestion. I will definitely include this in upcoming videos✌✌
Petrol cost in south India is 102 rs per litre
Good video... Excellent narration.
As one has pointed out battery replacement cost(future value) after 8 years need to be considered.
Also the on road price needs to be compared instead of ex showroom price. Bcoz taxation on petrol powered vehicles is greater than EVs.
Petrol Price's are increasing each month
Factor in the interest you pay for 5 lakh extra if you go for a car loan 😂
you can claim deduction upto 1.5 lakhs for EV car
basically no benefits unless the price of the car is equal .
Actually sir if you read the description, our Government is helping people with Subsidies and various incentives to promote the growth of electric vehicles in India. If you buy an electric car you can get subsidy of 1.5 lakhs and tax benefits also. You can also vist TATA Nexon EV site to know about all the benefits.
I am extremely sorry, I couldn't include this information while making the video, therefore i tried to describe briefly in the video description. You can check it out.
Plus as we know that electric cars can drastically reduce the pollution and now government is focusing more on renewable resources to generate electricity instead of thermal, so even the electricity generated to power this EV's will be mostly coming from renewable resources and will be clean, instead of polluting thermal power plants.
Also almost 40% of the cost of EV is for the battery, but due to rapid developments in the battery technology, the overall cost will drastically reduce in coming years.
I don’t think people do cost benefit analysis before buying even a petrol car . The money or the price never matters .it is always a objection of perception. Once the objection is overcome the price becomes irrelevant.
HINDI me bolo na
😂in future electric would be costlier
And
Battery efficiency won't remain the same
🤗🤗 Intial investment is less in I C engine
And extra payment which is needed to buy electric vehicle,I will invest into mutual funds 😂😂😂
U have planned yr future nicely 👍😇. Best wishes.
@@knowledgeresurrection7873 bro that's different topic ,that you missed to explain in detail .all you explained is money
More videos coming soon. One step at a time. ✌✌
Hi.. here I would like to have some corrections. The equivalent petrol variant to the top end Nexon ev would be the xza (o) variant bcoz it's automatic. On road Delhi is 13 lakhs. The difference is 4lakhs.
In my hometown Bangalore xza(o) is 14lakhs. Difference is 3 lakhs.
Thank you sir for providing me the correct information. I will write this as an important information in my description. Thanks for watching.