How Much Will an EV Save You?
Calculate total savings of an EV vs gas car over 5-10 years. Fuel, maintenance, tax credits, and resale.
India
Fuel savings: ₹40,000-60,000/year (15,000 km)। Maintenance: ₹10,000-15,000 less/year (no oil, fewer parts)। Insurance: slightly higher। Registration: FREE in many states (Delhi, UP)! Total: ₹50,000-80,000/year savings। Payback on higher purchase price: 3-5 years।
TCO
5-year TCO Nexon EV vs petrol Nexon: ₹2-3 lakh less for EV। With FAME subsidy: even more savings। Home charging essential for maximum savings।
The total cost of ownership crossover has arrived for many segments. A Tesla Model 3 ($39K - $7.5K credit = $31.5K effective price) costs less to own over 7 years than a Toyota Camry ($30K) when including fuel and maintenance. This was not true even 3 years ago — falling EV prices and rising gas costs drove the shift.
