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Old 10th March 2025, 18:20   #16
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Re: Hidden costs of owning an EV

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Originally Posted by beemer5499 View Post
I don’t think a 15A/3Kw charging would suffice to charge a daily runner with a 79 Kw battery pack as it would probably take 2.5 days to fully charge the car at that speed. Lastly, all this is wasteful expense if the next car isn’t going to be an EV as well and one isn’t a full convert.
EV user here, in two years have covered over 46 thousand kilometres and quite happy with it. While I do not agree with many points you have mentioned, I do not wish to enter a debate on those.

However specifically on the quoted point here, I wish to share my experience. As you would have already observed my car has higher daily average, it runs about 85 to 90km per day. I do overnight charge in a single phase 15A plug and I have my car topped up ready for duty every morning.

A 15A power plug delivers about 2.8kW of power in an hour window and that means it is capable of adding about 50% of power to 79kWh batter during overnight charge, assuming your daily run is about 240 to 250km (that is at 6km per kWh) which is unusually high.

When my corporate lease with Jeep Compass is over, I am considering a competent EV replacement.
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Old 10th March 2025, 18:53   #17
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Re: Hidden costs of owning an EV

Around 2.5 years ago, there was an excellent thread comparing Total Cost of Ownership (TCO) of EV versus petrol vs Diesel by our very own PQR.

https://www.team-bhp.com/forum/india...hip-study.html (Hybrids vs Diesel vs Electric Car | Total cost of ownership study)

I request him to please update the thread or share the working sheets so some of us can update the calculations to newer numbers.

Couple of points I have understood.
- tyres last less due to heavier weight
- brakes last longer, due to regen braking
- Home charging with solar works out to almost free
- breakeven against diesel and petrol required more than 1 lakh Km running.
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Old 10th March 2025, 19:29   #18
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Re: Hidden costs of owning an EV

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Originally Posted by beemer5499 View Post

2) Cost of the charger - Most 11 Kw chargers from manufacturers cost about 75k and 7Kw chargers cost 50k. Exicom chargers cost 38k for 7.5Kw and 43k for 11 Kw as per Amazon prices.
7 kw chargers are available for 18-25k , 11kw chargers are available for 30k and 22 kw chargers are available for 43k in Amazon
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Old 11th March 2025, 10:45   #19
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Re: Hidden costs of owning an EV

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So the value of my vehicle will drop, however maybe the cost of the Lithium battery will also drop hence replacement of existing pack will be cheaper.
It does not always happen that older tech becomes cheaper. It is more about demand and production scales.

If there is a high demand for Lithium batteries, they will still be manufactured at scale and prices will come down. However, if there isn't high demand, the scales will fall and prices will go up.

This is commonly noticed in computer peripheral, when an older tech RAM memory may be much more expensive than newer higher speed version as it has limited demand, hence economy of scales may not work in favour of it.

Similarly if there is still a strong demand for Lithium batteries after solid state batteries come, the prices will be low, but if majority of manufacturers move to the new tech, then Lithium batteries demand maybe only for replacements and the price may go up.

Last edited by suhaas307 : 14th March 2025 at 11:39. Reason: Spacing and formatting
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Old 11th March 2025, 11:03   #20
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Re: Hidden costs of owning an EV

There is no doubt that EVs are cleaner and cheaper to run than fossil fuel vehicles. If the EV can be charged through a solar panel system at home, a lot of money can be saved. The initial investment is higher though.

Earlier the price difference between a fossil fuel vehicle and comparable EV was relatively higher. However as technology and production techniques of batteries are maturing and improving,the price difference will hopefully come down.
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Old 11th March 2025, 13:04   #21
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Re: Hidden costs of owning an EV

I don't think the running costs of a turbo petrol car and an EV in the city is in any way comparable. While my Nexon Petrol gives 8-9kmpl (INR 11/km), my Tigor EV runs about 180km for a full charge with AC always on, costing about INR 220 (about INR 1/km), a gap of INR 10. If you drive about 1000km a month, it's a difference of about INR 120,000 a year. Considering the cost difference between a petrol auto and EV is now around 2L or so, it makes so much sense to go for an EV for city use.

One huge unknown for EVs is the resale price. Considering how fast the technology is changing for EVs, even a 3 year old car is seemingly becoming obsolete. This is impacting the resale value of EVs, even though the companies are giving 8 year warranties on batteries and motors. Case in point the Nexon EV- a 3 year old Nexon EV with the older cells is now seeming old in front of the prismatic cells provided in the Nexon EV 45. This would mean that the depreciation on these cars would also be much faster than regular ICE cars. That's the biggest hidden cost of going for an EV today.
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Old 11th March 2025, 13:06   #22
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Re: Hidden costs of owning an EV

Another cost which sounds very SILLY but nobody ever mentions or even considers is the food + beverages while waiting for your vehicle to charge.

Whenever I've gone with a friend who owns an EV for a drive. We almost always have to wait for an hour to charge which we end up spending on eating and coffee which costs easily 7-10 litres of petrol.
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Old 11th March 2025, 13:14   #23
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Re: Hidden costs of owning an EV

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Originally Posted by anb View Post
7 kw chargers are available for 18-25k , 11kw chargers are available for 30k and 22 kw chargers are available for 43k in Amazon
I got ZevPoint Aveo Pro(7.2kw) for 23k +1k for 16AMP to 32AMP Convertor cable. It is a variable setting charger which can do from 6AMP to 32AMP based on connection available. It comes with App so we can control charging speed, view temp etc. from phone. I got it as am emergency portable charger in case I get no charging station on long rides.

Last edited by KarthikK : 11th March 2025 at 13:17. Reason: Minor typo fixes
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Old 11th March 2025, 13:46   #24
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Re: Hidden costs of owning an EV

I am not an EV user, but learned about them via my neighbor, who owns two EV two wheelers (of a local brand) and has had them for 8-9 years.

He told, In the event of a service issue, one must pay to have it transported to the service center via towing or a small truck, which is costly and time-consuming, and this is a hidden expense. I believe the same argument applies to four-wheelers as well. Experts can shed further light.
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Old 11th March 2025, 14:36   #25
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Re: Hidden costs of owning an EV

Haven't found any hidden costs associated with owning an EV in the past one year. Although specifically to Tata EV's you never know when you find them.
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Old 11th March 2025, 15:08   #26
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Re: Hidden costs of owning an EV

Quote:
Originally Posted by Ravi Parwan View Post
Around 2.5 years ago, there was an excellent thread comparing Total Cost of Ownership (TCO) of EV versus petrol vs Diesel by our very own PQR.

https://www.team-bhp.com/forum/india...hip-study.html (Hybrids vs Diesel vs Electric Car | Total cost of ownership study)

I request him to please update the thread or share the working sheets so some of us can update the calculations to newer numbers.

Couple of points I have understood.
- tyres last less due to heavier weight
- brakes last longer, due to regen braking
- Home charging with solar works out to almost free
- breakeven against diesel and petrol required more than 1 lakh Km running.
EV doesnt require regular services like I do for my petrol honda city. Which is every 6 month I have to get it serviced and cost around 10k. Where my BMW iX1 service schedule is every 2 years and only for brake check/brake fluid etc. I got 4 years service package for 27k so for next 4 years I hopefully doesnt have to spend too much.

If I compare that to BMW X1(ICE) it will go in few lakh's easily over in couple of years. Apart from that somehow BMW iX1 cost less than ICE version and I just comparing ex-showroom cost, not considering taxes etc. If I take taxes in consideration then EV version is so sweet deal that its extremely hard to refuse. With BMW's 8 years/1.6L KM warranty on battery makes it more comfortable to consider.
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Old 11th March 2025, 15:13   #27
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Re: Hidden costs of owning an EV

Since this a cost related thread sharing this tip here. probably many know this already. On your long trips don’t feel shy to ask for complimentary charging in hotels that you are staying. If you get 15 A charging socket, plan the journey in a such a way you can reach the hotel with 15 percent charge and charge it in hotel overnight. Saves time and money.

Do the same during return trip to home. In fact plan to reach around 10 percent as you can always charge at home for less amount.
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Old 11th March 2025, 15:16   #28
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Re: Hidden costs of owning an EV

One hidden cost which I see is I never give my EV for water wash outside. Always go back to MG service centre. Outside water wash may cost around 400 to 600 depending on time. Service centre costs around 700.

Last edited by KarthikK : 11th March 2025 at 15:24. Reason: Minor typo fix
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Old 11th March 2025, 15:40   #29
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Re: Hidden costs of owning an EV

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Originally Posted by shankar.balan View Post


I sold the Thar in Feb 2024 having completed 3 years and 30,000kms in it. (Honestly I became terribly fatigued with it and was no longer interested in spending that kind of money each month for the use of the Guzzler.)
This means Im actually spending less than 12 to 15% of the cost, to cover the same distance, as compared to the Mahindra Thar.
With all due respect to your preference and lifestyle, this is absolutely not an apple to apple comparison.
How can you compare a Thar (a Strict two-seater, niche, BoF off-road-focused car) with a Kona (a Comfortable five-seater, monocoque, every-day, and only on-road-focused car)? So obviously the cost comparison does not make sense at all. Looks like you bought the wrong car at the first place (Thar) for your use case.

The comparison should be, say, a Creta EV vs Creta Diesel/Petrol for the same use case.

Moreover, what is the necessity to do alignment, balancing, and rotation 2 times a year when you only do approx 10K km/year? And 4.5K per time for a Thar is way too expensive unless there is something you've done extra and you did not mention here.

Last edited by Turbanator : 11th March 2025 at 19:53. Reason: Quoted post trimmed. Please quote only relevant part while replying.
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Old 11th March 2025, 16:13   #30
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Re: Hidden costs of owning an EV

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Originally Posted by BSASLR View Post
I was wondering suppose we buy BE 6 with 89kWH Lithium Battery and in few (2-3) years a solid state battery gets introduced in the market.

That Solid state battery will not fit in BE 6:
.
Manufacturers WILL ensure that there is ZERO backward compatibility of tech from a new model. That is the only way for them to make sure that older cars are obsolete and one is simply forced to buy a brand new one to access newer tech.

The term is forced or planned obsolescence.

Personally I think we are still in very nascent stages of alternate fuel tech. Unless one puts down the mileage of an airport cab every month, an electric car and its savings will simply never be recognised. Instead what one will get is range anxiety and a shoddy network of charging infrastructure in a country where even reliable home electricity is a big ask in key metros! That being said,

If I have 20 lakhs to buy a new commuter car, my existing car is scrap value - I will increasingly tend to current electric tech irrespective of what my monthly mileage is. The capex is the same, I will buy a car that is simply cheaper to run by the kilometer.

Buying a NEW ICE car is seemingly coming to an end unless you have a tremendous use case of going to unknown lands, expeditions, 4x4 etc. where an electric car will simply not work. This is what manufacturers are now betting on, and India will be a country where previous gen battery tech will begin to get dumped as a result. This is why I feel the current gen of electrics are simply a bridge for the real next tech - solid state batteries/hydrogen/enter other fancy fuel here.
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