At what daily running does buying an EV become financially viable?

If you drive at least 30 to 50 km per day (over 12,000 to 15,000 km annually), the substantial savings in fuel and lower maintenance typically recover the initial EV price premium within 3 to 5 years.

EV vs. Petrol Car Calculator

Electric Vehicle (EV) Details

On-Road Price

₹

Battery Capacity (kWh)

Full-Charge Range (km)

Electricity Cost (per kWh)

₹

Annual Maintenance

₹

Petrol Car Details

On-Road Price

₹

Mileage (km/l)

Fuel Cost (per litre)

₹

Annual Maintenance

₹

Usage Details

Daily Commute (km)

Comparison Period (Years)

Cost Analysis

Winner (after 5 years)

Petrol Car

Total Savings with Petrol

₹1,02,844.44

EV Total Cost

₹15,83,400

Petrol Total Cost

₹14,80,555.56

EV becomes cheaper after 7.2 years.

Guide & Methodology

About the Electric Vehicle (EV) vs. Petrol/Diesel Car Calculator

Compare the total cost of ownership (TCO) between an electric car and an ICE vehicle across purchase price, fuel/charging, maintenance, and resale.

What this calculator does

Calculates the payback period where fuel savings offset higher EV purchase price.
Compares running cost per kilometer (e.g. ₹1.2/km for EV vs ₹7.5/km for petrol).
Estimates total 5 to 10 year savings taking into account battery life and subsidies.

How it Works & Key Inputs

Step 1

Vehicle Costs

Enter purchase prices of comparable EV and Petrol models.

Step 2

Daily Driving Distance

Input average daily kilometers driven.

Step 3

Electricity & Fuel Tariffs

Enter electricity cost per unit (kWh) and fuel price per liter.

Core Calculation Parameters

Daily Running (km)Kilometers driven per day (higher mileage favors EV payback).

EV EfficiencyKilometers per kWh of battery capacity.

Formula & Calculation Logic

Mathematical Model

Payback Distance (km) = Price Premium / (Petrol Cost per km - EV Charging Cost per km)

Vehicle Total Cost of Ownership breakeven analysis.

Variables Breakdown

Running Cost DifferentialSavings per km driven by switching from petrol to electricity

Frequently Asked Questions (FAQ)

Disclaimer: This calculator is provided for educational and illustrative purposes only. Actual financial outcomes may vary based on statutory changes, lender terms, fund fees, and prevailing market dynamics.