EV vs Petrol Car Calculator — Compare Running Costs and Total Ownership
Compare total cost of ownership between electric and petrol vehicles in India. Calculate fuel savings charging costs maintenance differences and breakeven period.
Electric vehicles are becoming increasingly popular in India with models like Tata Nexon EV MG ZS EV and Hyundai Ioniq 5 gaining market share. While EVs cost 30-50% more upfront they save significantly on running costs with electricity costing Rs 1-1.5 per km versus Rs 5-8 per km for petrol. Additionally EVs have near-zero maintenance costs with no oil changes transmission service or exhaust repairs. The question is how long until the savings cover the higher purchase price.
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Key Information
| Parameter | Details |
|---|---|
| Petrol Running Cost | Rs 5-8 per km |
| EV Running Cost | Rs 1-1.5 per km |
| Annual Petrol Cost (12000 km) | Rs 60,000 - Rs 96,000 |
| Annual EV Cost (12000 km) | Rs 12,000 - Rs 18,000 |
Compare EV vs petrol costs
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Use Calculator NowFrequently Asked Questions
How much do I save with an electric car?
Driving 12000 km per year: petrol car at Rs 7/km costs Rs 84000/year. EV at Rs 1.2/km costs Rs 14400/year. Annual fuel savings: Rs 69600. Add maintenance savings of Rs 15000-20000/year (no oil changes fewer brake pad changes). Total annual savings: approximately Rs 85000-90000. With a price premium of Rs 5-8 lakh the breakeven period is 6-9 years.
Is EV charging cheaper than petrol?
Yes significantly. At residential electricity rates of Rs 6-8 per unit and EV efficiency of 6-8 km per unit the cost is Rs 0.75-1.33 per km. Petrol at Rs 105/liter with mileage of 15 km/liter costs Rs 7 per km. EV charging is approximately 5-8 times cheaper. Public fast chargers cost slightly more at Rs 15-20 per unit but are still cheaper than petrol.
What are the disadvantages of EVs in India?
Limited charging infrastructure outside metros with long-distance travel requiring careful planning. Higher upfront cost by Rs 5-10 lakh compared to equivalent petrol models. Battery degradation of 10-20% over 8-10 years reducing range. Resale value uncertainty as the market is still developing. Charging at home requires a dedicated parking spot with electrical access.
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Last updated: 24 March 2026