U should have considered fuel price rise by at least 5%p/a. Increasing running charges for more accurate calculation. For example when I bought my car it was 68/ltr, now after 8 years 98/ltr.
When i bought CNG car, cng was 25 rs, and now 80.. so be ready for 3-4 times costly ELECTRICITY also, in 7-10 years.. as demand will raise, price will shoot up..
Electricity rates per unit differs to number of units consumed. In Delhi who are getting free electricity to 200 units if their electricity consumption increases they have to pay the electricity bills too. As well as electricity demand is increased then electricity rates per unit gonna increase too.
For electric vehicles, one can also claim income tax exemption under section 80EEB each year for the interest paid on the loan amount to purchase it. That's yet another benefit.
Yes that should be the one of the important factor considered. In best case you could save 30k a year if your loan interest exceeds 1.5 lk and you fall in 30% tax bracket.
Great financial comparision between petrol & EV variant of Tata Nexon! However, what I didn't understand is why you picked up such expensive EV variant when we have affordable option (Tata Tiago EV) also available now which was launched on an aggressive low price. Secondly, not sure if I have missed anything here, have you considered the fuel price rise for the next 15 years. I know electricity cost also gonna increase, but not at the same rate as petrol. We should also consider a point that India has to import petrol from foreign countries who are dominating the world now, whereas electricity can be generated at an individual home using solar plates which can be actually free for a lifetime. I would appreciate if you could include these points while comparing Petrol vs EV vehicle.
@@daynighttraveltrip9086 Also there is myth spread around regarding battery replacement. You won't always need to replace the entire battery. Battery includes cells. These cells can be replaced and its cost is affordable. I call such people 'Anti-EV lobby' who keep spreading negative myths about EV.
if selected expensive EV that's why he is doing comparison with Nexon petrol. if you are saying for tata taigo EV and Tata tiago petrol also having a good amount of difference.
@@GuyBehindAComputer bhai, 10 saal mein battery hi replace krna padegi. 1 -2 cell ni kharab honge, technology hi aisi hai ki abhi itni hi life expect kr sakte ho aap.
I have got ₹2.5L subsidy in Maharashtra making cost less. Used this saved ₹2.5L to install solar power and now the running cost of vehicle is ZERO plus 100% savings on electric bill. 😊
Great comparison. Being a financially savvy & Tech Enthusiast I was also suggested by many to purchase a Petrol vehicle. I have opted to purchase Nexen EV MAX. These are some points which I think should be considered which would be a fair comparison. 1. Not sure but almost 80% people would be purchasing car with Loan. There is Interest Tax benefit also under 80EEB. 2. Taking account of Tesla's experience, Car batteries last much longer than car itself. They degrade but still are usable up to 80 capacity (Range) after almost 10 years. 3. Having Solar panel installed at home I am virtually running car for free. 4. Maintenance is almost negligible compared to ICE engine as this has only Electric Motor as Engine. Yearly/ 15000Kms needs Gear oil change which costs only 1900 Rupees. 5. Having Regen to slow down the car, tires and brakes are also not used as frequently so they last longer. Having these benefits, the breakeven would be of higher price would be in almost 3-4 years only.
Tata EV batteries can be charged 3000 times when properly maintained. which means it can last for up to 3000 x 250 Kms minimum = 750000. This translates into toal savings of 40Lakhs. Gadi khatam ho jayegi battery se pehle.
Hello Sir, I feel you have skipped 2 very important points in this video and I suggest you create part 2 of this video explaining those 2 points. 1 - Buying the vehicle on loan for say 5 years (70% of the on road cost), 2 - If the vehicle is used commercially (my calculations show that you can recover the cost in only 3 years even if you are using it 150 KM daily / 54750 KM per year). I have also found that fast charger will take 60-90 mins to charge the battery for 80% which is okay considering the cost benefits, and all of this considering the per KM cost of Rs. 1.4 (double cost than explained). Thanks
आप ने यह भी बताया हैं अगर हर कोई इलेक्ट्रिक कार लेंगे तोह बिजली भी मेहेंगा हो जायेंगे क्योंकि सरकार को टैक्स पेट्रोल से निकल के बिजली पर शिफ्ट हो जायेंगे और ज़ादा मुसीबत पैदा होगा हर घर से😃😃😃😃क्योंकि बिजली महंगी होगी😄😄😄
Overall good video. few more points you can add - 1. Petrol price in future 2. Oil extraction from sea or earth. 3 Oil refineries take energy to provide petrol. 4. India is moving away from coal at good speed. 5. Delhi polution need to be fixed, even if it take 2x price.
One flaw on the analysis is - it missing to consider if a person wishes to purchase the vehicle taking a loan.. There is an additional tax deduction available for the Interest paid on the loan, which is meaningful… However overall a good video 👍
It is wonderful analysis Sir ,yes cost wise won't make sense ,but we have missed a parameter- petrol price inc last 15 years it increased from 33rs to 100rs avg of 13%
@@deemat8814 that's not a problem here because we get free electricity for EVs and if you use solar panel then your running costs would almost 0 apart from maintenance
Complete incorrect Analysis as auther completely missed a big factor of steep petrol price increase deliberately just to prove points. There is no comparison from Petrol to EV Cars. EV and Hydrogen is the future. If i consider Petrol price hike (eith comparatively comparing electricity hike) I reached at 2.5 years break even point. so next 5 years i am using car free without any heavy maintenance.
Dear Yogiji, I recently came across your theory about electric vehicles (EVs) not being a value-for-money choice compared to petrol cars, and I wanted to share my perspective on the matter. Firstly, you mentioned that the excess amount spent on purchasing an EV could be invested in the share market or mutual funds to generate good returns. While investing in the financial markets can potentially yield profits, it's important to consider a couple of points regarding your theory. Nobody buys a car with cash: In reality, most people purchase cars through financing options such as bank loans or leasing. When you opt for a loan, the additional 5 lakh rupees you mentioned would add to the loan amount, resulting in a slightly higher monthly payment. In this case, your theory of investing the excess amount wouldn't apply directly since you are still required to repay the loan. Where will the excess 5 lakh come from if you are buying it via a bank loan? If you are considering taking a bank loan to buy a car, the loan amount will cover the full cost of the car. In this scenario, there won't be any extra money available to invest in the share market or mutual funds. The loan repayment will be based on the total cost of the vehicle, regardless of whether it's a petrol car or an EV. Additionally, it's important to note that evaluating the value for money of an EV extends beyond the initial purchase cost. EVs typically have lower operational and maintenance expenses compared to petrol cars. The cost of electricity required to charge an EV is significantly lower than the cost of petrol. Moreover, EVs have fewer moving parts and typically require less frequent maintenance, resulting in potential savings over the long run. Furthermore, various governments and organizations offer incentives, tax benefits, and subsidies for purchasing EVs, which can help offset the initial higher cost. These incentives, combined with potential fuel and maintenance savings, can make owning an EV a more cost-effective option over time. It's crucial to consider the broader picture when assessing the value for money of EVs. The transition to electric mobility is gaining momentum globally, with advancements in technology and infrastructure further enhancing the viability and appeal of EVs. I believe it's worth exploring the comprehensive advantages and disadvantages of EVs before making a judgment solely based on the upfront cost.
You should've chosen same models. Features also matters. And price difference comes down to 3 lacs. Though EVs are only good for Delhi or cities with 0 RTO, otherwise you can't recover extra money paid. Still nice analysis.
Electricity rates per unit differs to number of units consumed. In Delhi who are getting free electricity to 200 units if their electricity consumption increases they have to pay the electricity bills too. As well as electricity demand is increased then electricity rates per unit gonna increase too.
Bhai aapne EV ka jabardast grass root analysis kiya hai, mere aur mere jaise lakho logon ke sabhi answer bhi aapne de diye hai. Appriciate your hard work in this deep analysis 🙏👌👍
Aaj is video k view 2.6 lakhs hai .....after 9 days. No wonder agle 2 3 mahino me ye 1 cr tak touch ho to.....kyunki is video accha, simple to koi aur comparison video mil na mumkin hai.....aapka aaj tak ka ek aur best video sirji......
if you are adding multiple investment options on Petrol, I believe you should also include 80EEB tax benefit for TVs as well. that will definitely help in saving 40-60K every year on loan Interest. Plus a customer can invest rest of the amount to some FD or MFs and also convert that amount into benefit after purchasing an EV. Qki sırf petrol vehicle lene wala smart nhi ho sakta, EV wala bhi ho sakta hai. Thank you.
Fact check: It is around 30% currently. Also, the battery cost has reduced 3 times in about 7 years. Very likely the prices of battery might come down to 15-20% whereas petrol prices seems like would touch Rs. 200 in 7 years.
@@gul_shaan_04 Demand bhade par fossil fuel nahi hai na electricity. Aaj coal use ho raha hai hal solar use hoga. But petrol toh khatam ho jayega na. 2015 prices of petrol increased from 2015- 61 vs 106. During the same time electricity prices increased- 4 vs 5. I hope you are getting the point.
Please update your information. Battery will last beyond 13 years plus as history of last 13 years shows us. Plus these batteries are made of individual cells and only few cells will be go bad. They can be replaced . No need to change the entire battery. Unless you submerge the vehicle in water or burnt by fire or broken in pieces only then you need to change entire battery .
bhai 8 saal ki to guarantee company hi de rhi h battery pr to 5 saal m kese change kr doge?? + normally lithium ion battery ki avg life 12-15 saal hoti h... aur uske bad zero nhi ho jaygi.. range reduce hoti h... abhi agr full charge pr 250 km chl rha h to ho skta h tb 170km hi chle... aur uske bad bhi puri battery nhi replace krni... usme cells hoti h series me connected.... sirf jitni cells ki jrurt h utni hi change kro to cost aur kam hogi.... + 12 saal baad battery production India m ajayga aur cost of battery bhi km ho jayga
@@AshokYadav-he6kj Lithium batteries have the tendency to lose its efficiency over the period of time, take a smartphone use it for 2-3yrs its battery 🔋 performance decreases
@@kamleshkumaryadav1274 i have already covered that part... if now it is giving range of 250kms... after 20 years may be it will give 170 km.. but not become zero ... and that too we can improve with replacing some cells only... not need to completely replace the battery.... annual decreasing rate is about 1-2%
@@AshokYadav-he6kj Bhai lithium ion battery itni nahin chalti hain, laptop main to 2-3 saal main change karni padti hain kyonki vo kharab ho jati Hain or electric vehicles main 3-4 saal main uski range 200 km se 100 km ho jayegi aur 8 saal main battery 10 km ki range dengi
@@hemant3332 bhai apki iss jankaari ka source bhi share kr do... jitni bhi research hui h lithium ion pr.... usme uski depreciation rate 2% hai saal ka... mtlb 10 saal me uski range 20% km hogi.... mtlb 250 km range wali gaadi 10 saal bad 200-170 ke bich range degi... + abhi auto expo me aluminium battery bhi show kr di h tata ne tiago pr lga kr... joki lithium ion se 1/3 h cost me aur size bhi chota h aur upr se range 700km k ass pass h usme... ese hi dhire dhire 5-10 saal me technology ev segment me bht jada age chli jaygi.... tb tk aaj ki sari problems khtm ho jaygi
Thank you for your valuable insights.. however currently the Petrol XZ+ variant will cost on-road price 16L and Prime EV XZ+ around 15L (after subsidy) else 16.5L so not much upfront difference. And EV Max will be around 19.5L so the difference of rs 2.5L- 3L will be recovered in the next 3 years. Infrastructure is definitely a cons for next 2-3 yrs
Still the comparison is not at par. If we have made an assumption of investment at purchase period. We should also have invested savings of annual cashflow for each year due to cheaper cost of running EV wrt Petrol variant. Right??
मैंने पांच साल पहले एक इलेक्ट्रिक सकुटी खरीदी साथ75000 रू में नया खरीदा था, पांच साल जमकर उस पर 5 हजार खर्च मेंटेनेंस आया. चार साल बाद उसमें 12 हजार रू का बैटरी डलवाया. फिर वो पुरी तरह जाम हो गई, दुकान वाले ने 8 दस हजार का खर्च बताया. फिर मैंने उस सकुटी को कबाड़ी को विनती करके 1500 रू में बेच दिया. जबकि मै सकुटी को सिर्फ हर दिन 10 कीलोंमीटर ही चलाता था. अब मेरे पास होंडा एकटिवा है, शेर की तरह चलता है, ताकत के साथ.
Wow 360 degree analysis with excellent model sir to help us by rational way. However, with the economic scale of production, I think the EV price would be reduced but again it needs a boost up in demand from the socially aware customers.
Great Eye Opener ! Until Electrci beats the ownership cost of ICE engine, it makes no sense to buy them unless you are doing many miles everyday like taxi service
This comparison is meaning less. EV and petrol car both has there own advantage and disadvantage, target audience. But everyone should agree that comfort and features wise EV is far far better than their IC engine version. In short EV is more luxurious, you cannot calculate the cost of luxurious feeling or premiumness. Why I am saying this? Just a test drive of EV. It is like you are comparing iPhone with a budget android phone. DO YOU PEOPLE DO SAME TYPE OF CALCULATION WHEN BUYING A MOBILE, CLOTHES OR ANYTHING. HERE I GAVE EXAMPLE WITH IPHONE BUT IT MIGHT BE DIFFERENT FOR U. THANKS FOR READING.
I like the way your team explained the untouched topics in so simple manner. I have seen most of you contents. Now I am waiting only for your upcoming dream project. I wish it would be benifits to the new investor like me... If we have to contribute (as a fee) for that we would be more than happy... God bless you all
Good analysis sir. It makes sense when you run 70 km for 6 years and also when difference in price should not be more than 15 to 20 % than petrol variant
Things to consider : 1. Changes in petrol cost. 2. Foregone return on running costs of both cars. 3. Resale value 4. battery replacement cost is high now but maybe low after 5 years. 5. Better overall features in EV cars.
@@AssetYogi first of all most of middle class person buying car through bank loan, then how we can invest rest money. You are not assuming Tax benefits getting on it.
@@AssetYogi Do the comparative analysis where the car is taken on loan so your difference is the difference in installments. Add the difference in running costs and you will see a lower monthly cost for EV. Now take that saving and add 10% post tax investment return on that. By not considering the loan scenario you have taken the losses from purchase price up front and the profits from running cost over years thus losing out on investment returns.
Present batteries need replacement after 750,000 km ! Per year @ 50 km per day works out to 18000km/year In 10 years = 180,000 Batteries will outlast the vehicle and you can handover to your children as ancestral property !
3 saal se jyada to mi ke phone ki battery chal jati h. 3 saal ke baad bhi 60-70% battery health bach jati h. Phone to daily charge karna hota h. Car to 3-4 din me 1 baar charge karni hoti h normal condition me
Well explain in simple way!! If not having any compulsion followed by ban on petrol vehicles , I do not think I will opt for EVs in coming years - say 7 to 8 years unless there is well developed infrastructure and also no hike in Electricity cost which we can not be sure of. . Those who had trusted Government when CNG introduced are yet paying high charges and suffering due to inadequate nos of CNG pumps on highway having long queues. Regarding environmental impact, one should consider discarding cost of batteries. We citizens will have to take the impact of discarding of waste. It is also to be noted that most of towns and cities have no infrastructures to handle city waste even on today. How they will cope up in future ?
PLZ REPLY.... Hi Asset Yogi.. I really appreciate that you considered the investment of the difference amount at 10% pa returns in case of petrol vehicle. You also considered battery replacement cost after the warranty period for the electric vehicle. Many people forget to include these while comparing petrol and electric. If I am thinking correct, there is another another investment opportunity (if we choose to go for electric) i.e. the investment of difference amount in the running cost in the form of monthly SIP. at 10% pa Does it make sence. If yes. Please reply, is going for petrol vehicle still makes financially good decision or electric can save money? It would be great if you can update your excel sheet for the same. It will help us to understand it better.
Sir, Nice video; however, when we are considering the savings while comparing, we should also compare the tax benefit available on Electric cars. Once the tax benefit is taken into consideration only then it will be true comparison.
I feel Your analysis is honest as always not influenced by companies paid reviews...in one word ev in nonsense today..one factory/thermal plant pollution is too far more than thousands of vehicles..
This video is mainly about four wheeler not two wheelers.Two wheelers are used mostly for city use.If you have running of 25-30kms per day,then you can save a lot of money on petrol.Also , battery prices are going to reduce in future as companies like ola, Amara Raja have started setting up battery cell manufacturing units.Also don't forget about the ever increasing cost of petrol.
Exactly, i bought an Ather 450x which cost 1.6L on road and if i had bought an Access 125 top model it would cost 1L. With daily travel of 25-30km Access would cost around 2k-2.5k and ather costs around 200-250(this can be free if you use grid 😝). And if i invest the remaining money and get 10% interest i can get good returns after 5-8 yrs so overall 2 wheelers are better compared to 4w-ev.
वीडियो नेगेटिव सोच के साथ ज्यादा बनाया हुआ है टू व्हीलर के मामले में इसकी सोच फ्लॉप है फोर व्हीलर ऑटो टू व्हीलरफोर व्हीलर और टू व्हीलर के पुर्जे बहुत महंगे आते हैं
वीडियो नेगेटिव सोच के साथ ज्यादा बनाया हुआ है टू व्हीलर के मामले में इसकी सोच फ्लॉप है फोर व्हीलर ऑटो टू व्हीलरफोर व्हीलर और टू व्हीलर के पुर्जे बहुत महंगे आते हैं
Sir in your calculation, you missed interest on fuel saving and many other things. Kindly consider Net Present Worth method for all the expenses in your future calculations. Thanks 👍
Good point!!! Starting early and prioritizing your investment is the best way of getting ahead to financial freedom. I’m 41 and my goal is to hit a million before eoy so I can retire 2022. Currently averaging over 30% monthly on my stock portfolio so I know I will get there. Time in the market beats anything else
Nice one! I'm turning 47 next month and always had a drive to retire early. The problem I face with the stock market now is how to analyze and pick the best stock for my portfolio. Do you think you can share some tips to invest in a healthy way as you are doing?
@Rolexy jallow your financial problems are of your own doing. I came from a family with nothing. I'm on track to being a millionaire in retirement, and I've never had a job that paid over 70k. I'm sacrificing by not buying all the flashy things in life, so that I can save 33% to retirement, while paying off a 15yr mortgage. Get a job in state government, my 401k match is 9%. So at least if you did 10% you'd be getting 19%. You'd have a good looking retirement!
The environmental impact in mining Lithium, transporting, supply chain, making batteries and then burning coal to charge the cars offsets all the judgement that EV owners are environmental conscious. Energy is never free. Even making solar panels causes huge environmental impact. All we can say is EV cars are a wee bit efficient that ICE engines.
my cousin owns an electric car and he said the strangest experience he encountered while coming to Mumbai on one electric charging station he stopped said this charging station was not working because there was an electricity cut off for few hours, I said there must be generators or investors backing up the grid but he said no.
You do know petrol stations cannot run without electricity either. If your cousin had run into a petrol pump where there was no electricity he couldnt have refilled either.
@@sachinarya100 Bahut emergency ho to kisi bhi ghar se extension cord lagake thodi bahut charge kar lo agle station tak ke liye. Petrol ghar ghar nahin milta.
Actually it is a biased analysis, that always tends towards fossile fuel vehicles, because it is a huge industry ranging from developed nations to Indian government as well, because fossil fuel is next to impossible to make production and refining of fossil fuels for an individual person, but electric vehicle runs on electricity, that can be produced by simple way like Solar Panels & wind mills in India where at most sunshine in India atleast for 8 to 10 months, so you are atleast get freedom from transportation cost around 80 to 90 percentage. Below other points are 1) missed price hike in petrol is not considered 2) tax benefit in car loan around 1.5 lakh 3) the money you are saving in petrol also could me invested 4) after 15 year you need to scrap your vehicle, and for diesel it's 10 year. But in electrical there are no certain conditions, even they can be renewed more easily, because changing the motor n battery are the major part in it. 5) in coming days they will become cost effective as well.
Yes totally agree with you. 14:48 the charging time mentioned for fast chargers is completely wrong. Max it only takes 50-60 mins for fast charge and we can eat our meal in that time and car will be fully charged. Also the maintenance charges mentioned are quite high, it will be avg around 2-4k as suspension etc are changed after quite a long duration. So 2-4k avg is much more realistic cost. Also the emissions during battery making are much less as compared to full lifetime running emissions of diesel/ petrol vehicle plus lion batteries are also recycled. And most importantly petrol prices are not fixed and are going up day day and will cont. to go up in future. If we use solar panel then that is clean energy for our car which will be FREEE. Most of us are not that much financially savy/ active so to get 10% returns from that isn't an easy task and req time and attention. Also in FD there isn't that much of saving. So overall I also thought it was kind of a biased review towards fossil fuel cars. We are not thinking about the amount of pollution it will create for running in those 15 yrs. but are only caring about few % of returns which we can make. What will you do with that money if you and your children won't be able to breathe clean air and then would go to hospitals regularly. At the end kharcha to ho hi gya na. Think comprehensively taking into account all the factors.
Nice analysis. But what about people who are buying car on loan? Plz made video for comparison on car loan analysis. Because EV loan interest has section 80EEB advantage.
if you are in 30% tax bracket , you'll save about 50000/yr in interest by paying 150,000 interest/yr on depreciating asset. Actual interest cost depends on how much loan you take.
Sir what we need is good taxi services in metro cities and in rural city so we can save our money and achieve something different insted of investing in depreciative assets. So ultimately we need our friendly neighborhood taxi operator.
for commercial vehicles that run 100+ km , breakeven will be < 4 years . For < 10 lacs . Breakeven < 3 years But personal vehicles eV not good idea financially at present price
Very smartly used the time value of money when it was in your favor. Conveniently omitted it while calculating running cost. Whether it would make a difference in the decision isn't then point. You're arriving at a conclusion based on half analysis which favours your bias. Plus, factors like rising petrol prices, solar infrastructure, etc are also omitted.
Thank you... I thought I made a mistake buying a petrol vehicle. Your vehicle made me realise I made the right decision. I will buy an EV after 10 years.
Good analysis! Not sure if adding tax benefits under section 80EEB for electric vehicles would make any difference? Means we can loan the offset amount and invest while taking tax benefits?!
You must compare automatic diesel engine vehicle due to the torque out put of electric vehicle. Maintenance cost is much less as break wear less due to regen breaking. Nexon Ev prime is now at 15.4L on road
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U should have considered fuel price rise by at least 5%p/a. Increasing running charges for more accurate calculation. For example when I bought my car it was 68/ltr, now after 8 years 98/ltr.
When i bought CNG car, cng was 25 rs, and now 80.. so be ready for 3-4 times costly ELECTRICITY also, in 7-10 years.. as demand will raise, price will shoot up..
Bhai cng m to or bura haal h 2 years back cng was 42/Kg now it's 80/Kg
@@prabalsingh885 electricity ki demand jaise badhegi waise usme bhi yahi hoga...
Govt has its eyes on EVs.
Let them sell once in numbers and get ready for facing high prices in GST and Road Taxes.
Electricity rates per unit differs to number of units consumed. In Delhi who are getting free electricity to 200 units if their electricity consumption increases they have to pay the electricity bills too. As well as electricity demand is increased then electricity rates per unit gonna increase too.
For electric vehicles, one can also claim income tax exemption under section 80EEB each year for the interest paid on the loan amount to purchase it. That's yet another benefit.
How to clain bro can you please explain
Yes that should be the one of the important factor considered. In best case you could save 30k a year if your loan interest exceeds 1.5 lk and you fall in 30% tax bracket.
@@soubhagyaparida4625 watch MOTOROCTANE video on Ev he tells in details about tax exemption
U R Right
does it still make break even?
Great financial comparision between petrol & EV variant of Tata Nexon! However, what I didn't understand is why you picked up such expensive EV variant when we have affordable option (Tata Tiago EV) also available now which was launched on an aggressive low price.
Secondly, not sure if I have missed anything here, have you considered the fuel price rise for the next 15 years. I know electricity cost also gonna increase, but not at the same rate as petrol.
We should also consider a point that India has to import petrol from foreign countries who are dominating the world now, whereas electricity can be generated at an individual home using solar plates which can be actually free for a lifetime.
I would appreciate if you could include these points while comparing Petrol vs EV vehicle.
also battery replacement needs to be considered.. battery of EVs consist of atleast 50% is the cost or its cheap?
battery will be 1/3 of cost from now and petrol sure 150 plus in 15 years.
this factor should be considered
@@daynighttraveltrip9086 Also there is myth spread around regarding battery replacement. You won't always need to replace the entire battery. Battery includes cells. These cells can be replaced and its cost is affordable.
I call such people 'Anti-EV lobby' who keep spreading negative myths about EV.
if selected expensive EV that's why he is doing comparison with Nexon petrol.
if you are saying for tata taigo EV and Tata tiago petrol also having a good amount of difference.
@@GuyBehindAComputer bhai, 10 saal mein battery hi replace krna padegi. 1 -2 cell ni kharab honge, technology hi aisi hai ki abhi itni hi life expect kr sakte ho aap.
I have got ₹2.5L subsidy in Maharashtra making cost less. Used this saved ₹2.5L to install solar power and now the running cost of vehicle is ZERO plus 100% savings on electric bill. 😊
Which car you owned?
Then add solar system cost
Great comparison.
Being a financially savvy & Tech Enthusiast I was also suggested by many to purchase a Petrol vehicle. I have opted to purchase Nexen EV MAX.
These are some points which I think should be considered which would be a fair comparison.
1. Not sure but almost 80% people would be purchasing car with Loan. There is Interest Tax benefit also under 80EEB.
2. Taking account of Tesla's experience, Car batteries last much longer than car itself. They degrade but still are usable up to 80 capacity (Range) after almost 10 years.
3. Having Solar panel installed at home I am virtually running car for free.
4. Maintenance is almost negligible compared to ICE engine as this has only Electric Motor as Engine. Yearly/ 15000Kms needs Gear oil change which costs only 1900 Rupees.
5. Having Regen to slow down the car, tires and brakes are also not used as frequently so they last longer.
Having these benefits, the breakeven would be of higher price would be in almost 3-4 years only.
Excellent points!! 👌
😯
Nice bhai.
Excellent.
Oil is also costly. For manual and DCA amt.
Better to purchase ev I think.
Petrol rate inflation and per unit cost cost increase for electric vehicles also need to be taken into consideration
petrol rates won't increase now.
@@sanchitgupta2921 Kyu India ne produce krna shuru kr diya he....😂
@@manish882854 I laughed so hard at your reply.
But petrol prices bhi continuously rise hote hai rehte hai to calculation me 5-7 saal ke baad ke expected petrol ke prices se calculation Krna chahiye
Is hisab se toh electricity be mehngi hogi 5-7 saal bad
जरूर देखना चाहिए, लेकिन पिछले 5 साल का देखिए के पेट्रोल का कितना % बढ़ा और बिजली का कितना %
@@sonukharb5309 hongi pr petrol zada rate se expensive ho rha hai electricity se
Exactly
Tata EV batteries can be charged 3000 times when properly maintained. which means it can last for up to 3000 x 250 Kms minimum = 750000. This translates into toal savings of 40Lakhs. Gadi khatam ho jayegi battery se pehle.
Hello Sir, I feel you have skipped 2 very important points in this video and I suggest you create part 2 of this video explaining those 2 points. 1 - Buying the vehicle on loan for say 5 years (70% of the on road cost), 2 - If the vehicle is used commercially (my calculations show that you can recover the cost in only 3 years even if you are using it 150 KM daily / 54750 KM per year). I have also found that fast charger will take 60-90 mins to charge the battery for 80% which is okay considering the cost benefits, and all of this considering the per KM cost of Rs. 1.4 (double cost than explained). Thanks
आप ने यह भी बताया हैं अगर हर कोई इलेक्ट्रिक कार लेंगे तोह बिजली भी मेहेंगा हो जायेंगे क्योंकि सरकार को टैक्स पेट्रोल से निकल के बिजली पर शिफ्ट हो जायेंगे और ज़ादा मुसीबत पैदा होगा हर घर से😃😃😃😃क्योंकि बिजली महंगी होगी😄😄😄
@@tashiyann3262 good thinking
@@tashiyann3262 फिर घर मे recharge वाला स्मार्ट मीटर होगा मतलब एक जैसा ही
If you run more and more km per day then recovery rate in year will be shorter.
It's simple math.
@@tashiyann3262 For all cars to become electric will take so long we will have free electricity from nuclear fusion by then
Overall good video. few more points you can add - 1. Petrol price in future 2. Oil extraction from sea or earth. 3 Oil refineries take energy to provide petrol. 4. India is moving away from coal at good speed. 5. Delhi polution need to be fixed, even if it take 2x price.
One flaw on the analysis is - it missing to consider if a person wishes to purchase the vehicle taking a loan.. There is an additional tax deduction available for the Interest paid on the loan, which is meaningful… However overall a good video 👍
Good point!
It is wonderful analysis Sir ,yes cost wise won't make sense ,but we have missed a parameter- petrol price inc last 15 years it increased from 33rs to 100rs avg of 13%
and will increase further in future
Yah think koi bhi mention nahi karta hai
And electricity price also 13 to 15% increase in 15 years also.
@@deemat8814 that's not a problem here because we get free electricity for EVs and if you use solar panel then your running costs would almost 0 apart from maintenance
Complete incorrect Analysis as auther completely missed a big factor of steep petrol price increase deliberately just to prove points. There is no comparison from Petrol to EV Cars. EV and Hydrogen is the future. If i consider Petrol price hike (eith comparatively comparing electricity hike) I reached at 2.5 years break even point. so next 5 years i am using car free without any heavy maintenance.
Dear Yogiji,
I recently came across your theory about electric vehicles (EVs) not being a value-for-money choice compared to petrol cars, and I wanted to share my perspective on the matter.
Firstly, you mentioned that the excess amount spent on purchasing an EV could be invested in the share market or mutual funds to generate good returns. While investing in the financial markets can potentially yield profits, it's important to consider a couple of points regarding your theory.
Nobody buys a car with cash: In reality, most people purchase cars through financing options such as bank loans or leasing. When you opt for a loan, the additional 5 lakh rupees you mentioned would add to the loan amount, resulting in a slightly higher monthly payment. In this case, your theory of investing the excess amount wouldn't apply directly since you are still required to repay the loan.
Where will the excess 5 lakh come from if you are buying it via a bank loan? If you are considering taking a bank loan to buy a car, the loan amount will cover the full cost of the car. In this scenario, there won't be any extra money available to invest in the share market or mutual funds. The loan repayment will be based on the total cost of the vehicle, regardless of whether it's a petrol car or an EV.
Additionally, it's important to note that evaluating the value for money of an EV extends beyond the initial purchase cost. EVs typically have lower operational and maintenance expenses compared to petrol cars. The cost of electricity required to charge an EV is significantly lower than the cost of petrol. Moreover, EVs have fewer moving parts and typically require less frequent maintenance, resulting in potential savings over the long run.
Furthermore, various governments and organizations offer incentives, tax benefits, and subsidies for purchasing EVs, which can help offset the initial higher cost. These incentives, combined with potential fuel and maintenance savings, can make owning an EV a more cost-effective option over time.
It's crucial to consider the broader picture when assessing the value for money of EVs. The transition to electric mobility is gaining momentum globally, with advancements in technology and infrastructure further enhancing the viability and appeal of EVs.
I believe it's worth exploring the comprehensive advantages and disadvantages of EVs before making a judgment solely based on the upfront cost.
You should've chosen same models. Features also matters. And price difference comes down to 3 lacs. Though EVs are only good for Delhi or cities with 0 RTO, otherwise you can't recover extra money paid. Still nice analysis.
Electricity rates per unit differs to number of units consumed. In Delhi who are getting free electricity to 200 units if their electricity consumption increases they have to pay the electricity bills too. As well as electricity demand is increased then electricity rates per unit gonna increase too.
If you have daily commute of 60-70 km per day then extra price paid for ev can be recovered within 3 to 4 years
Bhai aapne EV ka jabardast grass root analysis kiya hai, mere aur mere jaise lakho logon ke sabhi answer bhi aapne de diye hai. Appriciate your hard work in this deep analysis 🙏👌👍
Thanks Yogesh
Aaj is video k view 2.6 lakhs hai .....after 9 days. No wonder agle 2 3 mahino me ye 1 cr tak touch ho to.....kyunki is video accha, simple to koi aur comparison video mil na mumkin hai.....aapka aaj tak ka ek aur best video sirji......
Thank you so much
Absolutely agree with you. I did the same calculations before taking my new petrol car in Sept 2022
Ha to bhai ji bache huye paise kaha invest kiye.. aapne ko cash hi li hogi petrol car
if you are adding multiple investment options on Petrol, I believe you should also include 80EEB tax benefit for TVs as well. that will definitely help in saving 40-60K every year on loan Interest. Plus a customer can invest rest of the amount to some FD or MFs and also convert that amount into benefit after purchasing an EV.
Qki sırf petrol vehicle lene wala smart nhi ho sakta, EV wala bhi ho sakta hai. Thank you.
8:40 after 8 years you should also consider replacing of new batteries in EV cars, which will be close to 50-60% of overall car value.
Fact check: It is around 30% currently. Also, the battery cost has reduced 3 times in about 7 years. Very likely the prices of battery might come down to 15-20% whereas petrol prices seems like would touch Rs. 200 in 7 years.
@@MrKushaagra electricity ki demand badhne par kya price nahi bhadega per unit....
@@gul_shaan_04 Demand bhade par fossil fuel nahi hai na electricity. Aaj coal use ho raha hai hal solar use hoga. But petrol toh khatam ho jayega na. 2015 prices of petrol increased from 2015- 61 vs 106. During the same time electricity prices increased- 4 vs 5. I hope you are getting the point.
@@MrKushaagra yes sir 👍
Please update your information. Battery will last beyond 13 years plus as history of last 13 years shows us. Plus these batteries are made of individual cells and only few cells will be go bad. They can be replaced .
No need to change the entire battery.
Unless you submerge the vehicle in water or burnt by fire or broken in pieces only then you need to change entire battery .
Sir Maine itne videos dekha lekin aapke jaisa koi nahi samjhaya lots of thanks 🥰😳👍👍👍👍
Best explanation on this topic💯
excellent analysis. but you have to consider battery replacement cost in every 5 years for ev cars, which is almost 50-60% of the original car value.
bhai 8 saal ki to guarantee company hi de rhi h battery pr to 5 saal m kese change kr doge??
+ normally lithium ion battery ki avg life 12-15 saal hoti h... aur uske bad zero nhi ho jaygi.. range reduce hoti h... abhi agr full charge pr 250 km chl rha h to ho skta h tb 170km hi chle... aur uske bad bhi puri battery nhi replace krni... usme cells hoti h series me connected.... sirf jitni cells ki jrurt h utni hi change kro to cost aur kam hogi.... + 12 saal baad battery production India m ajayga aur cost of battery bhi km ho jayga
@@AshokYadav-he6kj Lithium batteries have the tendency to lose its efficiency over the period of time, take a smartphone use it for 2-3yrs its battery 🔋 performance decreases
@@kamleshkumaryadav1274 i have already covered that part... if now it is giving range of 250kms... after 20 years may be it will give 170 km.. but not become zero ... and that too we can improve with replacing some cells only... not need to completely replace the battery....
annual decreasing rate is about 1-2%
@@AshokYadav-he6kj Bhai lithium ion battery itni nahin chalti hain, laptop main to 2-3 saal main change karni padti hain kyonki vo kharab ho jati Hain or electric vehicles main 3-4 saal main uski range 200 km se 100 km ho jayegi aur 8 saal main battery 10 km ki range dengi
@@hemant3332 bhai apki iss jankaari ka source bhi share kr do...
jitni bhi research hui h lithium ion pr.... usme uski depreciation rate 2% hai saal ka... mtlb 10 saal me uski range 20% km hogi.... mtlb 250 km range wali gaadi 10 saal bad 200-170 ke bich range degi...
+ abhi auto expo me aluminium battery bhi show kr di h tata ne tiago pr lga kr... joki lithium ion se 1/3 h cost me aur size bhi chota h aur upr se range 700km k ass pass h usme...
ese hi dhire dhire 5-10 saal me technology ev segment me bht jada age chli jaygi.... tb tk aaj ki sari problems khtm ho jaygi
Thank you for your valuable insights.. however currently the Petrol XZ+ variant will cost on-road price 16L and Prime EV XZ+ around 15L (after subsidy) else 16.5L so not much upfront difference. And EV Max will be around 19.5L so the difference of rs 2.5L- 3L will be recovered in the next 3 years. Infrastructure is definitely a cons for next 2-3 yrs
No bro xz+ petrol is 12.5L on road
@@sudhanshuyadav1658 yes bro ..... just bought last month
Still the comparison is not at par. If we have made an assumption of investment at purchase period. We should also have invested savings of annual cashflow for each year due to cheaper cost of running EV wrt Petrol variant. Right??
In 8 years , he will save the 6 lacs . Even with SIP at 10%/year , his earning will be
This needs a lot of thinking to make it work. This is the most straightforward calculation provided in the video and thanks to you for the same.
You're very welcome!
मैंने पांच साल पहले एक इलेक्ट्रिक सकुटी खरीदी साथ75000 रू में नया खरीदा था, पांच साल जमकर उस पर 5 हजार खर्च मेंटेनेंस आया. चार साल बाद उसमें 12 हजार रू का बैटरी डलवाया.
फिर वो पुरी तरह जाम हो गई, दुकान वाले ने 8 दस हजार का खर्च बताया.
फिर मैंने उस सकुटी को कबाड़ी को विनती करके 1500 रू में बेच दिया.
जबकि मै सकुटी को सिर्फ हर दिन 10 कीलोंमीटर ही चलाता था.
अब मेरे पास होंडा एकटिवा है, शेर की तरह चलता है, ताकत के साथ.
Wow 360 degree analysis with excellent model sir to help us by rational way. However, with the economic scale of production, I think the EV price would be reduced but again it needs a boost up in demand from the socially aware customers.
Great Eye Opener !
Until Electrci beats the ownership cost of ICE engine, it makes no sense to buy them unless you are doing many miles everyday like taxi service
This comparison is meaning less. EV and petrol car both has there own advantage and disadvantage, target audience. But everyone should agree that comfort and features wise EV is far far better than their IC engine version. In short EV is more luxurious, you cannot calculate the cost of luxurious feeling or premiumness. Why I am saying this? Just a test drive of EV. It is like you are comparing iPhone with a budget android phone. DO YOU PEOPLE DO SAME TYPE OF CALCULATION WHEN BUYING A MOBILE, CLOTHES OR ANYTHING. HERE I GAVE EXAMPLE WITH IPHONE BUT IT MIGHT BE DIFFERENT FOR U. THANKS FOR READING.
Ekdam sahi bola aapne.
Bro it is just financial caliculation
bhai kab bada hoga tu simple calculation nhi samjh aayi aur clothes aur mobile ki baate kar rha hai . . . grow up
One of the great video... Subscribing ☺️
Thanks for subscribing
Perfect Analysis. Very Good.👍👌
Thanks and welcome
Asset Yogi sets the norm for other Finance TH-camrs.
After this video Warikoo will definitely upload same type video on his channel.
😁😁😁😁
Thanks
Copycat
he is comparing electric top variant with petrol mid variant . petrol top variant in my city cost 15.3 lac
I like the way your team explained the untouched topics in so simple manner. I have seen most of you contents. Now I am waiting only for your upcoming dream project.
I wish it would be benifits to the new investor like me... If we have to contribute (as a fee) for that we would be more than happy... God bless you all
Good analysis sir. It makes sense when you run 70 km for 6 years and also when difference in price should not be more than 15 to 20 % than petrol variant
Thanks Hitesh
Pls share excell sheet
Great Analysis !!👍🏻👍🏻👍🏻
Thanks!
Bahut hi vadhia very good brother 💖👍
Thanks
Things to consider :
1. Changes in petrol cost.
2. Foregone return on running costs of both cars.
3. Resale value
4. battery replacement cost is high now but maybe low after 5 years.
5. Better overall features in EV cars.
Thanks for inputs
@@AssetYogi first of all most of middle class person buying car through bank loan, then how we can invest rest money.
You are not assuming Tax benefits getting on it.
@@chitraraut9805 ev interest on loan maaf hai
Where is the battery cost ( which might need to change after let’s say 5 years )
@@AssetYogi Do the comparative analysis where the car is taken on loan so your difference is the difference in installments. Add the difference in running costs and you will see a lower monthly cost for EV. Now take that saving and add 10% post tax investment return on that. By not considering the loan scenario you have taken the losses from purchase price up front and the profits from running cost over years thus losing out on investment returns.
Where did the cost of replacing the battery go after six years?
Present batteries need replacement after 750,000 km ! Per year @ 50 km per day works out to 18000km/year
In 10 years = 180,000
Batteries will outlast the vehicle and you can handover to your children as ancestral property !
Atto 3 claim that one can run on battery till 10 lakh kilometres. Pori life nikal jayegi but battery kharab na kar paoge
3 saal se jyada to mi ke phone ki battery chal jati h. 3 saal ke baad bhi 60-70% battery health bach jati h. Phone to daily charge karna hota h. Car to 3-4 din me 1 baar charge karni hoti h normal condition me
Sir. You are the best teacher on this platform. It's always knowledge enhancement through your videos. Keep it up. Stay blessed.
Thanks Raj
you saved my ton of money.. thanksf or analysis.. very helpful.
Glad I could help!
Well explain in simple way!!
If not having any compulsion followed by ban on petrol vehicles , I do not think I will opt for EVs in coming years - say 7 to 8 years unless there is well developed infrastructure and also no hike in Electricity cost which we can not be sure of. .
Those who had trusted Government when CNG introduced are yet paying high charges and suffering due to inadequate nos of CNG pumps on highway having long queues.
Regarding environmental impact, one should consider discarding cost of batteries. We citizens will have to take the impact of discarding of waste.
It is also to be noted that most of towns and cities have no infrastructures to handle city waste even on today. How they will cope up in future ?
Thanks Dilip
You should also consider xz+ petrol variant as u consider in case of EV..In that case bake even may be 3 yrs
PLZ REPLY.... Hi Asset Yogi.. I really appreciate that you considered the investment of the difference amount at 10% pa returns in case of petrol vehicle. You also considered battery replacement cost after the warranty period for the electric vehicle. Many people forget to include these while comparing petrol and electric. If I am thinking correct, there is another another investment opportunity (if we choose to go for electric) i.e. the investment of difference amount in the running cost in the form of monthly SIP. at 10% pa Does it make sence. If yes. Please reply, is going for petrol vehicle still makes financially good decision or electric can save money? It would be great if you can update your excel sheet for the same. It will help us to understand it better.
for commercial vehicles that run 100+ km , breakeven will be < 4 years .
But personal vehicles eV not good idea financially at present price
@@davelawson2564 how? Please share the complete calculation.
Sir, Nice video; however, when we are considering the savings while comparing, we should also compare the tax benefit available on Electric cars. Once the tax benefit is taken into consideration only then it will be true comparison.
Excellent detailed video
👌👌👍👍👍👍
Glad you liked it!
I feel Your analysis is honest as always not influenced by companies paid reviews...in one word ev in nonsense today..one factory/thermal plant pollution is too far more than thousands of vehicles..
Thanks Praveen
This video is mainly about four wheeler not two wheelers.Two wheelers are used mostly for city use.If you have running of 25-30kms per day,then you can save a lot of money on petrol.Also , battery prices are going to reduce in future as companies like ola, Amara Raja have started setting up battery cell manufacturing units.Also don't forget about the ever increasing cost of petrol.
Exactly, i bought an Ather 450x which cost 1.6L on road and if i had bought an Access 125 top model it would cost 1L. With daily travel of 25-30km Access would cost around 2k-2.5k and ather costs around 200-250(this can be free if you use grid 😝). And if i invest the remaining money and get 10% interest i can get good returns after 5-8 yrs so overall 2 wheelers are better compared to 4w-ev.
वीडियो नेगेटिव सोच के साथ ज्यादा बनाया हुआ है टू व्हीलर के मामले में इसकी सोच फ्लॉप है फोर व्हीलर ऑटो टू व्हीलरफोर व्हीलर और टू व्हीलर के पुर्जे बहुत महंगे आते हैं
वीडियो नेगेटिव सोच के साथ ज्यादा बनाया हुआ है टू व्हीलर के मामले में इसकी सोच फ्लॉप है फोर व्हीलर ऑटो टू व्हीलरफोर व्हीलर और टू व्हीलर के पुर्जे बहुत महंगे आते हैं
Sir in your calculation, you missed interest on fuel saving and many other things. Kindly consider Net Present Worth method for all the expenses in your future calculations. Thanks 👍
Noted
Good point!!! Starting early and prioritizing your investment is the best way of getting ahead to financial freedom. I’m 41 and my goal is to hit a million before eoy so I can retire 2022. Currently averaging over 30% monthly on my stock portfolio so I know I will get there. Time in the market beats anything else
Nice one! I'm turning 47 next month and always had a drive to retire early. The problem I face with the stock market now is how to analyze and pick the best stock for my portfolio. Do you think you can share some tips to invest in a healthy way as you are doing?
@Rolexy jallow your financial problems are of your own doing. I came from a family with nothing. I'm on track to being a millionaire in retirement, and I've never had a job that paid over 70k. I'm sacrificing by not buying all the flashy things in life, so that I can save 33% to retirement, while paying off a 15yr mortgage. Get a job in state government, my 401k match is 9%. So at least if you did 10% you'd be getting 19%. You'd have a good looking retirement!
बेहतरीन जानकारी दी है आपने 🙏🙏
Thanks Saurabh
Bahut achi jankari di. Apne bahut study ki hai Charging gadi pai. Good work
Sir let’s also understand that the investments are not always in terms of money, it is also about environmental investments and returns!! 😊
Yes but channel covers about investments,environmental explanation might be different topic
The environmental impact in mining Lithium, transporting, supply chain, making batteries and then burning coal to charge the cars offsets all the judgement that EV owners are environmental conscious. Energy is never free. Even making solar panels causes huge environmental impact. All we can say is EV cars are a wee bit efficient that ICE engines.
Sir You should have taken XZA Petrol from actual peer to peer comparison
No actually it should be compared with Ceta,Seltos,XuV 500/700 .
my cousin owns an electric car and he said the strangest experience he encountered while coming to Mumbai on one electric charging station he stopped said this charging station was not working because there was an electricity cut off for few hours, I said there must be generators or investors backing up the grid but he said no.
You do know petrol stations cannot run without electricity either. If your cousin had run into a petrol pump where there was no electricity he couldnt have refilled either.
@@prabuddhaghosh7022 petrol pump to 2km bad phir mill jaiga or electric station ?? 😒
@@sachinarya100 Bahut emergency ho to kisi bhi ghar se extension cord lagake thodi bahut charge kar lo agle station tak ke liye. Petrol ghar ghar nahin milta.
बहोत सची बात कही अभिनंदन
I just prepared similar Excel sheet for petrol vs cng vs ev. But this video has explored all informations. Thanks and great work
Actually it is a biased analysis, that always tends towards fossile fuel vehicles, because it is a huge industry ranging from developed nations to Indian government as well, because fossil fuel is next to impossible to make production and refining of fossil fuels for an individual person, but electric vehicle runs on electricity, that can be produced by simple way like Solar Panels & wind mills in India where at most sunshine in India atleast for 8 to 10 months, so you are atleast get freedom from transportation cost around 80 to 90 percentage. Below other points are
1) missed price hike in petrol is not considered
2) tax benefit in car loan around 1.5 lakh
3) the money you are saving in petrol also could me invested
4) after 15 year you need to scrap your vehicle, and for diesel it's 10 year. But in electrical there are no certain conditions, even they can be renewed more easily, because changing the motor n battery are the major part in it.
5) in coming days they will become cost effective as well.
Yes totally agree with you. 14:48 the charging time mentioned for fast chargers is completely wrong. Max it only takes 50-60 mins for fast charge and we can eat our meal in that time and car will be fully charged.
Also the maintenance charges mentioned are quite high, it will be avg around 2-4k as suspension etc are changed after quite a long duration. So 2-4k avg is much more realistic cost.
Also the emissions during battery making are much less as compared to full lifetime running emissions of diesel/ petrol vehicle plus lion batteries are also recycled.
And most importantly petrol prices are not fixed and are going up day day and will cont. to go up in future. If we use solar panel then that is clean energy for our car which will be FREEE.
Most of us are not that much financially savy/ active so to get 10% returns from that isn't an easy task and req time and attention. Also in FD there isn't that much of saving.
So overall I also thought it was kind of a biased review towards fossil fuel cars. We are not thinking about the amount of pollution it will create for running in those 15 yrs. but are only caring about few % of returns which we can make. What will you do with that money if you and your children won't be able to breathe clean air and then would go to hospitals regularly. At the end kharcha to ho hi gya na. Think comprehensively taking into account all the factors.
Go for EV. Such videos are sponsored by the Petro Mafia. The whole world is shifting to EV. Plz go for EV.
All points has no sense 😂
Nice analysis. But what about people who are buying car on loan? Plz made video for comparison on car loan analysis. Because EV loan interest has section 80EEB advantage.
Thanks. Noted
Yes, please do analysis considering car loan
if you are in 30% tax bracket , you'll save about 50000/yr in interest by paying 150,000 interest/yr on depreciating asset. Actual interest cost depends on how much loan you take.
Sir what we need is good taxi services in metro cities and in rural city so we can save our money and achieve something different insted of investing in depreciative assets. So ultimately we need our friendly neighborhood taxi operator.
1 word for ur analysis
AWESOME 👍
Thanks
I follow you since long indeed you have hired a good video editor..!! Good Content with good editing = gold. Thanks @Asset Yogi
Thanks Lalit
you also forgot the massive cost of changing battery packs after every 5 years in the EVs
Noted
for commercial vehicles that run 100+ km , breakeven will be < 4 years .
For < 10 lacs . Breakeven < 3 years
But personal vehicles eV not good idea financially at present price
8 years warranty.And Life of the batteries is pretty long,it depends mostly on kms run.
Very good comparison. THANK YOU. 😊
The Analysis done is superb so as to enable holistic selection. Great work Sir 👍
Many thanks
Nice video very informative video
I make my desison strong.
Thank you
Most welcome Preyash
You are gem of the person , I follow your videos, they are fabulous and easy to understand. e.g. PE ratio in shares all the best :)
Thanks a ton
Wonderful analysis 👌, thank you
My pleasure!
Correct analysis. EVs also cought fire spontaneously.
Absolutely right 💯👍 salute sir 👨✈️
Thanks
Helpful video, thanks for posting this video
Glad it was helpful!
Explained superbly sir👍
Thanks
Yes 🖐️🖐️🖐️ main point is reduction of pollution less sound eco frnd n perfect
Very nice lovely presentation awaring common men of Pros & Cons of Petrol Vs Electric cars in clear pitch. Keep it up. Blessings.
Eye opening information sir.
Thanks lot for valuable step.
Most welcome Nayak
Rainy season compatible?
Expected more such analysis.
Good information...👌👌👍👍👍
Thanks Naresh
Very smartly used the time value of money when it was in your favor. Conveniently omitted it while calculating running cost.
Whether it would make a difference in the decision isn't then point. You're arriving at a conclusion based on half analysis which favours your bias. Plus, factors like rising petrol prices, solar infrastructure, etc are also omitted.
Nice knowledge bro 👍👍👍
Thanks Jatin
Do you have comparison of cng and petrol
Sir model agar same ho to xz plus se compare kare to..? Tab valu for money hogi...?
Excellent video, good job.
Thanks Swain
Thks great information 🙏🙏
Most welcome
Really very good and Deep Analysis video 👍👍
A comprehensive comparison. Now things are making sense 🙂
Motor or battary replacement cost kya hai
How can you compare XM variant to Prime variant ? You should have compared XX or XX+ with EV prime.
Tata tiago ev le to cost wise sahi pad rhi h kya
Sirji
Sir.Cost of replacement of battery pack after its time over. Wait still Hidrgen comes
Fantastic. Can we get the excel sheet of this comparison pls ?
Thank you... I thought I made a mistake buying a petrol vehicle. Your vehicle made me realise I made the right decision. I will buy an EV after 10 years.
Thank you for good calculation and information
Always welcome
Nice.. calculate information sir.. thanks for your information
Welcome
Sir,
Battery replacing cost must be included in excel sheet.
Good analysis! Not sure if adding tax benefits under section 80EEB for electric vehicles would make any difference? Means we can loan the offset amount and invest while taking tax benefits?!
Sir can u tell me how battery is covered by insurance in case of any accident?
Any specific reason that you choose/compared two different variants of Nexon. ?
Why not compare XZ+ Automatic VS Petrol
Wow explanation. Just like your indepth SIP video.
What if one buys nexon 2nd hand for approx 12 Lacs. Wud it be feasible?
You must compare automatic diesel engine vehicle due to the torque out put of electric vehicle.
Maintenance cost is much less as break wear less due to regen breaking.
Nexon Ev prime is now at 15.4L on road
Noted