With the falling EV prices and tax benefits still in place (5% GST + '0' or less Road tax in most states). I was trying to see how do EVs compare to Hybrids today.
I picked all 4+m cars (One exception - Explained later) that are available in Hybrid or EV avatar
. Following is the pick of cars -
1. MG ZS EV - Excite or Exclusive
2. XUV 400 - EL PRO - 39.4 KW
3. Hyundai Kona - Premium
4. Tata Nexon - Empowered Plus LR
5. Toyota Hyryder - V Hybrid
6. Maruti Suzuki Grand Vitara - Alpha Plus Hybrid
Price comparison of all the cars
Below is my take on EVs vs Hybrids based on the price and features analysis
1. XUV400 EL Prod 39.4 KW
It has come a long way since the launch. It just misses on one crucial EV feature selectable regen.
Savings over an hybrid - Rs. 4.5 lakh
Additional features compared to the hybrid cars:
1. Dual Zone Climate control
2. Decent boot space. Battery doesn't eat into the boot.
3. 10 inch Instrument cluster and 10 inch infotainment system
Missing features compared to the hybrid cars:
1. Panoramic sunroof
2. 360 camera
Detailed review (Mahindra XUV400 EV Review) 2. Tata Nexon - Empowered Plus LR
The car is a sub 4-m car but it punches above its weight. It is a feature and tech loaded car.
Savings over an hybrid - Rs. 2 lakh
Additional features compared to the hybrid cars:
1. Decent boot space. Battery doesn't eat into the boot.
2. 10 inch Instrument cluster and 12 inch infotainment system
3. EPB and Auto hold
Missing features compared to the hybrid cars:
1. Panoramic sunroof
2. Space is cramped due to raised floor (Not a feature but a big problem for taller people)
Detailed Review (2023 Tata Nexon.EV Review) 3. MG ZS EV - Excite and Exclusive
MG was long constrained due to lack of investment (govt policies). Investment from JSW group has brought about a new push. The new competitive pricing is a reflection of the same.
Coming to MG ZS EV has the best battery size available in the segment today.
Model - Excite Savings over an hybrid - Rs. 2 lakh
Additional features compared to the hybrid cars:
1. Decent boot space. Battery doesn't eat into the boot.
2. 10 inch infotainment system
3. EPB and Auto hold
Missing features compared to the hybrid cars:
1. Sunroof
2. Wireless Phone charger
3. Leatherette seats
4. 360 camera
5. Ventilated Seats
Model - Exclusive Additional Cost over an hybrid - Rs. 2 lakh
Additional features compared to the hybrid cars:
1. Decent boot space. Battery doesn't eat into the boot.
2. 10 inch infotainment system
3. EPB and Auto hold
Missing features compared to the hybrid cars:
1. Ventilated Seats
Detailed Review (2022 MG ZS EV Facelift Review) 4. Hyundai Kona - Premium
This was the first proper EV in the country launched in 2019. Still it holds relevance in the market shows, how advanced it was for its time. Hyundai needs to update it to the global model.
There are unofficial discounts upto 4 lakhs running on Kona. The below comparison is based on the declared ex-showroom price.
Additional Cost over an hybrid - Rs. 2 lakh
Additional features compared to the hybrid cars:
1. Decent boot space. Battery doesn't eat into the boot.
2. EPB and Auto hold
3. Heated Seats
Missing features compared to the hybrid cars:
1. Smaller Infotainment display (7 inch)
2. Panoramic Sunroof
Detailed Review (Hyundai Kona : Official Review) 5. Toyota Hyryder - V Hybrid
India finally got proper hybrid cars in 2022. Hyryder is a competent car and toyota is known for its reliability and fuss free ownership
Additional features compared to the EV cars:
1. Panoramic Sunroof
2. HUD
Missing features compared to the EV cars:
1. Smaller Infotainment display (9 inch)
2. Smaller Instrument cluster display (7 inch)
3. EPB and Auto hold
4. Smaller boot (Battery taking up boot space)
Detailed Review (Toyota Urban Cruiser Hyryder Review) 6. Maruti Suzuki Grand Vitara - Alpha Plus Hybrid
The car is similar to Toyota hyryder, thanks to toyota-Suzuki partnership. It is just about the badge when picking either of the car.
Additional features compared to the EV cars:
1. Panoramic Sunroof
2. HUD
Missing features compared to the hybrid cars:
1. Smaller Infotainment display (9 inch)
2. Smaller Instrument cluster display (7 inch)
3. EPB and Auto hold
4. Smaller boot (Battery taking up boot space)
Assumptions
1. Took 24 kmpl average for a hybrid car
2. Took electricity rate at Rs. 8 per unit.
My thoughts - If you have heavy city usage and do occasional outstation trips, EVs are an better bet today from pure economics standpoint.
Based on this comparison, what will you buy today? Disclaimers:
1. This is not a EV vs Hybrid and their pros and cons discussion. This thread is more about "bang for one's buck"
2. This is not a discussion about govt policies - how EVs are taxed lesser than hybrids.
3. I have not compared subjective things like ride quality, build quality, looks, After Sales service etc. as that depends on person to person liking and experience.
4. I have not included Kia Seltos, Hyundai Creta, Skoda Kushaq, VW Taigun and Honda Elevate as there is no hybrid version.