[NiInJa]

From a savings perspective, I think EVs do make much sense over fuel guzzling, expensive to maintain ICE cars. But I still feel ICE cars come with one big advantage that EVs don't have yet. You can refuel them quickly and be back on road. This can sometimes trump all other cost savings one can make.

Case in point: back in 2022 I did a trip to the US and I went camping to a remote place with my friend and his family. The car was a Tesla Model 3. Once we reached home, the car had a charge of 7% left. We did not stop on our way back to 'super'charge the car as our kids were getting frustrated and throwing tantrums. Few minutes after we reached home, we had to go to the doctor urgently as one of the kids started feeling seriously sick, but the charge in Tesla was not enough to go to the city and considering how remotely located homes are in the U.S., an Uber was not getting confirmed for almost 30 minutes (also a Sunday evening). As expected, we got a friend to take us to the doctors in his petrol car.

I consider this careful and sometimes meticulous planning needed for EVs to be 'available' at all times as one critical 'hidden cost'.

A survey should be taken where we ask how many owners have only one EV in their garage, and what is their frequency of using other vehicles (Taxi's, friend's/relative's/rented ICE cars) and the purpose (city commute or go anywhere long distance, unplanned). This should give us a picture of whether EVs can become mainstream.

[SolitaryRabbit]

Originally Posted by Ray379

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.

I totally agree here. Resale value of a vehicle is important to most of us when you are spending North of 10-15 lakhs. Any ICE car will lose 50-60% over 6-7 years but for an ICE vehicle this will be north of 80% as battery capacity would be significantly lower and battery technology would have transitioned.

Personally I feel 100% BEV does not work for someone with a single car garage and is not the future as none of the countries produce enough electricity or have the infrastructure nor will ever invest in the infrastructure to support all BEV. The global Auto industry also has recognised this and most including Toyota, GM, BMW, Ford are pausing their BEV investments and in the long run I feel something like Hybrid could be the answer.

[Drive.Thru.KKS]

Having owned an EV as primary car (for city rides) and a diesel secondary car (for additional city duties / highway drives), I can vouch for the main hidden cost for EVs - PLANNING.

All your EV trips need to be pre-planned meticulously factoring in range, charging capabilities (or lack of it on road) and minimize impulse drives. Over my ~10k EV drive in the last 8 months - I only charged it at home. Slow home charging does not deteriorate the battery (not that I have observed) and gives you the cost benefit for opting for EV in the first place.

[voldemort]

Originally Posted by beemer5499

2) Cost of the charger
3) Cost of home set up
5) Tyres - Since EVs are heavier and more powerful, tyres on EVs last less and since they’re often specced with big tyres and alloys, the replacement costs are expensive.
6) Brake pads - I suppose the brake pads on EVs last less compared to ICE, given the power figures and the instant torque leading to more frequent braking.

Home setup should be a one-time cost ideally. By the time you’re on your second or third EV that cost would have amortized.

Tyres in cars are getting bigger and bigger regardless of the powertrain. That’s not an EV specific drawback. As an aside – this is a separate matter – I don’t understand why anybody thinks bigger tyres are a good idea, because it results in a worse ride and higher chance of tyre or wheel damage.

Brakes are supposed to last much longer in an EV because of regenerative braking.

Originally Posted by NiInJa

I consider this careful and sometimes meticulous planning needed for EVs to be 'available' at all times as one critical 'hidden cost'.

Originally Posted by Drive.Thru.KKS

Having owned an EV as primary car (for city rides) and a diesel secondary car (for additional city duties / highway drives) -I can vouch for the main hidden cost for EVs - PLANNING.

You both are onto something here. EVs introduce a mental cost – a low-key subtle stress – related to recharging that is simply not there with ICEs. This problem might go away in the future with significantly improved range of, say, 1000+ km in a single charge.

Heck, when going on a trip in my Taigun I get annoyed for having to figure out ahead of time where to get XP95, even though in the worst case I can just fill in regular petrol

[electric_eel]

People who are going for a new ICE instead of new EV just because of resale value fears should consider the following point

1. One should agree at least that the current crop of EVs are technologically at par with ICEs. I would say they are much much better in all aspects except may be the planning aspect but let us not argue the point here

2. If future EV tech is going to make current EVs obsolete and thereby crashing its resale value, what do you think it is going to do to the current ICE cars resale value ?

EVs price is currently almost at par with equally spec-ed ICE car. Unless you have a very special situation, I do not see much sense in buying an ICE car currently. Certainly not if you are in the southern part of India where even public charging infrastructure is quite good.

[Drive.Thru.KKS]

Originally Posted by voldemort

Home setup should be a one-time cost ideally. By the time you’re on your second or third EV that cost would have amortized.

Brakes are supposed to last much longer in an EV because of regenerative braking.

Totally agree that brakes are supposed to last longer in EVs and tyre consumption would be slightly more - which kind off balances off.

The additional mental capacity used in PLANNING for EV drives are more than compensated by the ease of driving, lack of NVH and in general the easiness of driving an EV (more so in case of choc-a-block city traffic which is ubiquitous in all cities in India). IMHO, this is the single biggest ROI for driving an EV, over and above the Green tag.

[shankar.balan]

Originally Posted by Livnletcarsliv

With all due respect to your preference and lifestyle, this is absolutely not an apple to apple comparison.

For some reason your tone appears to be displeased. Im not sure why.

Do be assured that I have no intention of arguing with you or anyone else on the relative merits of both cars. All I was doing is to share the real cost based on my experience.

Of course, anyone here is welcome to make whatever surmise they want to. My only intent was to provide information.

I chose whichever car I chose and paid for the same. Not sure that anyone else can be the judge of whether the car I chose suits my use case or not. Actually if you’ve observed various threads, I do love Jeepy things and do also own one in the form of a Jimny. So I’ll let that rest.

Of course, if it is deemed inappropriate, the Mods are welcome to scissor my posts!

[mobike008]

I own the 2023 Tesla Model 3 Performance for 2.5 years now and clocked 29,000 miles (~ 48,000kms).

In this period, my costs have been negligible to non-existent compared to the savings that I was able to get out of this ownership and not to mention the super fun of driving a Tesla.

1. Gas savings are literally 90% of a gas car.

2. Tires supposed get eaten up faster but, then if you drag race signal to signal like I do. They won't last. I changed my first set at 25,000 miles ( 40,000kms). you figure it out if it's less or more mileage for a single set of tires.

3. Insurance is higher for EV's. It's about $100 more than a gas car per month.

4. Spent $0 in maintenance till now. In fact, never visited a Tesla center till date.

5. I bought a home with a EV charger set up already pre-installed so no costs there as well.

6. In last 2.5 years, I may have charged < 10 times at Tesla Superchargers but, even their cost is not too high compared to a gas car. I pay $0.10kwh at home and $0.30kwh at Tesla superchargers.

What is really bothering me now is the antics of Elon Musk after Trump became the president. He is focusing more on politics vs. growing Tesla.

Growing resentment with his behavior and people getting angry with someone who is driving a Tesla is becoming mainstream (I had an incident on last Sunday when 2 Americans in Dodge truck were tailgating me/kept changing lanes and sticking their neck-out and screaming at me, I could not hear what as we both were around 80mph but, from their gestures and facial expressions they didn't look too happy.- For no reason apparently.)

All this stupid behavior is impacting the resale of the Tesla and it is tanking rapidly.

Long story short, My experience with Tesla as a EV product has been nothing short of a beautiful dream from an ownership experience perspective.

My 2 cents from US of A.

[supermax]

Originally Posted by electric_eel

If future EV tech is going to make current EVs obsolete and thereby crashing its resale value, what do you think it is going to do to the current ICE cars resale value?

The two markets cater to very different demographics. Short term developments in the EV world only affect older Gen EVs. It's only some point in the distant future where ICE resale value will tank because nobody would want to be stuck owning ICE vehicles. For now, I walk into a Toyota dealership and see a 7-8 year old Corolla that's done 200k km still having a huge sticker price. Unthinkable in the EV world.

Originally Posted by mobike008

What is really bothering me now is the antics of Elon Musk after Trump became the president. He is focusing more on politics vs. growing Tesla.

Growing resentment with his behavior and people getting angry with someone who is driving a Tesla is becoming mainstream (I had an incident on last Sunday when 2 Americans in Dodge truck were tailgating me/kept changing lanes and sticking their neck-out and screaming at me, I could not hear what as we both were around 80mph but, from their gestures and facial expressions they didn't look too happy.- For no reason apparently

Musk throwing around Nazi salutes isn't helping Tesla's cause. Unless Tesla distance themselves very publicly from Elon, it's doomed to crash even further.

Originally Posted by salluks

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.

Not silly at all, if you think about it. The cost is both in terms of decreased fitness due to unnecessary snacking and the cost of the snacking in terms of money!

Originally Posted by Ray379

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.

I don't at all think the price difference is so low between comparable cars. The highest specced ICE car in a segment vs a really basic EV in the same segment would still have a bigger price difference.

[axm0316]

As a seasoned EV owner (almost 100k KM driven) and user of 4 electric cars( Nexon Ev, EV Max, and now Creta EV and Comet) let me clarify on some points discussed here.

My house is not 3 phase, but we do have solar. I have always used 15 A charger to charge all of my cars. We never plug in car at 0%. The battery is topped up occasionally as needed in day time. If I have a long trip coming, my Nexons used to charge full overnight ( if I plug in around 4 PM). It is not possible in Creta and I charge it in 2 days, as it takes more than 18 hours to charge from 20 to 100. The cars need to be charged from 20-100% once every month to avoid BMS corruption( which was in the case of Nexon EVs).

Never pay additional price for the charger- Most of the chargers bundled by manufacturers are from third party players and rebranded with MG/Tata/ Hyundai logo. You can easily get same brand chargers for half the price in Amazon or manufacturers. Make sure to not to go cheap on wiring. New earthing and MCB and voltage cut offs are must or your charger will go bust. This is actually done free by Tata.

EV tyres can wear down fast, so make sure you get tyres with unconditional warranties. I changed both my Nexon tyres to Conti UC6 from MRF stock ones, both were going strong when I sold them 40k km later. Creta came with good tyres (Goodyear) and I am keeping it.

The resale value of cars is going to be bad- Especially in case of Tata cars. You won't be able to sell the cars in a day, but in case of Kerala, you will come across genuine buyers once a while. My original Nexon was sold for 14.5 lakhs in 2022 (38k driven and 1.5 years old). There were not a lot of second hand electric cars in market and i got a decent price back then. I struggled to sell my Nexon max this year and was sold for 11.50 lakhs (50k driven).

[antz.bin]

People contesting the resale value point, picture this.

You can buy a 15 lakh Nexon.EV Creative 45 and a 14.7 lakh Nexon Creative Petrol DCT and a 16 lakh Nexon Creative Diesel AMT.

Use all 3 for 15 years in Delhi. (Well the diesel can be used only 10 years so you have to buy another one 10 yrs later). Mumbai is also contemplating doing something similar. Nobody has seen the future so who is to say that this greedy government will not implement this in most tier 1/2 cities? Where will the resale buyers for your ICE cars come from 10/15 years later?

Coming back to the cars, all 3 are the same trim and roughly the same cost and ATs.

Which one do you think will have the highest resale?
Diesel is losing this one badly, Petrol is now down to Zero too. EV, even if the battery capacity is now down to 25-30, it will hold *some* value. So I would say, if you want your car to hold the best value, buy a used EV over practically anything else. The car will run practically for free and you would have recieved the benefit of high depreciation when buying.


There is a hidden cost though. That is in long distance drives. We are planning a trip to Jaisalmer in a couple of weeks and we are on the fence on whether to take my 5.5 yr old Figo Diesel or my brother's brand new XUV400.

The thing with that part of the country is that there are very very few chargers along the way. We had to replan the entire thing and approach Jaisalmer through a route that is almost 200km longer. We have to go there via Udaipur instead of the shorter route via Palanpur-Barmer. It seems there is not a single functional DC charger between Palanpur, Gujarat and Jaisalmer, Rajasthan. A distance of almost 400km! I wouldn't trust even a 50 kWh ZS EV to be able to do this journey.

200 extra km on a short range EV like an XUV400 is an extra 40-50 minute charging stop and 4 hours of driving. These 5 extra hours could potentially add an entire driving day to the travel time compared to what the Figo (which can do higher avg speeds on open roads since there is no reason to hypermile) would have taken (about < 1.5 driving days to travel 1000km from Nashik to Jaisalmer).

Such a scenario would never have occurred in an ICE car and given a choice, it would have been a no brainer for the newer, safer, faster, larger car with the higher ground clearance and better suspension be preferred for such a trip.

Assuming the electricity cost when using DC fast charging will be around 3-4/km compared to Diesel cost of 5/km a 2500km round trip (including sightseeing) on the Figo will cost about 12.5k with no charger anxieties.

Compared to this, the XUV's trip will be almost 3000km due to charger related detours which at 3.5/km will be almost 10.5k. That is not life changing amount of money saved. Any savings there would be spent on extra days in a hotel. Add to that the time value of the extra days lost to traveling.

Had the trip been to something more densely populated like Goa or Konkan or even Kerala, the EV would have managed fine without taking too many detours. But if we are going into less population density areas, or the mountains, the planning hassles outweigh cost savings, at least for the shorter range EVs. Planning hassles reduce as battery capacity increases.

Till 60-70-80 kWh EVs become even more mainstream at mass market price levels, these hassles will continue. When such EVs are available at 15-20 lakh, they will be more ubiquitous and then maybe the PSU OMCs will find value in keeping their chargers, that already exist, in working order.

[shankar.balan]

Originally Posted by antz.bin

There is a hidden cost though. That is in long distance drives. A distance of almost 400km! I wouldn't trust even a 50 kWh ZS EV to be able to do this journey.

Till 60-70-80 kWh EVs become even more mainstream at mass market price levels, these hassles will continue. and then maybe the PSU OMCs will find value in keeping their chargers, that already exist, in working order.

This is true. Living in South India where charging infrastructure is well distributed and available, one can easily use EV’s for sight seeing and all as our friend Mr Xoom has illustrated so well in his thread.
Urban dwellers and those who remain mostly on the beaten tracks will definitely benefit from EVs.

Originally Posted by voldemort

Tyres in cars are getting bigger and bigger regardless of the powertrain. That’s not an EV specific drawback. As an aside – this is a separate matter – I don’t understand why anybody thinks bigger tyres are a good idea, because it results in a worse ride and higher chance of tyre or wheel damage.

Brakes are supposed to last much longer in an EV because of regenerative braking.

EVs introduce a mental cost – a low-key subtle stress – related to recharging that is simply not there with ICEs. This problem might go away in the future with significantly improved range of, say, 1000+ km in a single charge.
:

Yes absolutely, even Im at a loss to understand this mania for giant tyres. (Unless of course there is some secret pact amongst all Auto Manufacturers that they must make all cars look like HotWheels Toys!)

It is true that brakes seem to last much longer in EV’s. At my recent servicing experience, the Advaith Hyundai Senior Service Advisor told me that in the last few years he has seen Kona’s come in with very high mileage, in excess of 60-70K Kms and their brake discs and pads apparently were in excellent shape and did not need to be changed.

I think the subtle irritant of range anxiety is largely a thing of the past, at least in Southern India.

Originally Posted by NiInJa

From a savings perspective, I think EVs do make much sense over fuel guzzling, expensive to maintain ICE cars. But I still feel ICE cars come with one big advantage that EVs don't have yet. You can refuel them quickly and be back on road. This can sometimes trump all other cost savings one can make.

for EVs to be 'available' at all times as one critical 'hidden cost'.

A survey should be taken where we ask how many owners have only one EV in their garage, This should give us a picture of whether EVs can become mainstream.

Yes it is true that EV’s take time to recharge, but from all accounts this is changing apace with these bigger and better batteries and superfast charging. It is correct that one would be prudent to keep an eye on the ‘readiness’ of one’s EV. And most of us who own EVs do have alternate transport as well.

Originally Posted by Red Liner

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.

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.

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.

Yes this Planned obsolescence is a wicked thing. Applies to all appliances. And cars, especially EVs, are fast becoming like appliances. But you are right- if I were in the market now, then I would buy a Hyundai Creta EV or Maruti E Vitara or one of the Mahindra Twins or an MG. Budget permitting perhaps even a Hyundai Ioniq5 or new Kia EV6 or BYD Sealion 7. The speed at which developments take place, it would indeed be interesting to see what technology takes off next!

Originally Posted by Drive.Thru.KKS

Having owned an EV as primary car (for city rides) and a diesel secondary car (for additional city duties / highway drives), I can vouch for the main hidden cost for EVs - PLANNING.
Slow home charging does not deteriorate the battery (not that I have observed) and gives you the cost benefit for opting for EV in the first place.

Yes most folks who own EV’s have one other means of transport at their disposal. For short commutes and city use and all, small EVs like a Tata Tiago EV or MG Comet or that Vinfast whenever it comes, will be perfect. Harking back to the small footprint, fuel efficient, easy to maneuvre and park, city commuters like the Fiat 500, Mini Cooper, SmartForTwo and all.

Originally Posted by electric_eel

People who are going for a new ICE instead of new EV just because of resale value fears should consider the following point

One should agree at least that the current crop of EVs are technologically at par with ICEs. I would say they are much much better in all aspects except may be the planning aspect but let us not argue the point here

EVs price is currently almost at par with equally spec-ed ICE car. Unless you have a very special situation, I do not see much sense in buying an ICE car currently. Certainly not if you are in the southern part of India where even public charging infrastructure is quite good.

It is correct that in the mainstream as well as prestige segment, the parity in pricing exists vetween EVs and their ICE counterparts. Heck, one cannot get anything nice under 22-25 lacs these days. So why not a 25 lac EV? I for one, would certainly tend to move in that direction if I were in the market!

Originally Posted by Drive.Thru.KKS

Totally agree that brakes are supposed to last longer in EVs
The additional mental capacity used in PLANNING for EV drives are more than compensated by the ease of driving, lack of NVH and in general the easiness of driving an EV (more so in case of choc-a-block city traffic which is ubiquitous in all cities in India). IMHO, this is the single biggest ROI for driving an EV, over and above the Green tag.

Yes it is true about brakes lasting longer as mentioned above. And the silence and comfort of an EV makes for fatigue free driving. They are definitely very comfortable and convenient.

Originally Posted by supermax

The two markets cater to very different demographics. Short term developments in the EV world only affect older Gen EVs.
For now, I walk into a Toyota dealership and see a 7-8 year old Corolla that's done 200k km still having a huge sticker price. Unthinkable in the EV world.

I don't at all think the price difference is so low between comparable cars. The highest specced ICE car in a segment vs a really basic EV in the same segment would still have a bigger price difference.

Yes older EVs will get obsolete faster. So will older ICE Cars. It is true though that some of these ICE cars like Toyotas seem to defy the norm when it comes to resale value.
In reference to price differences between EVs and ICE cars, at least in India, they seem to be more or less comparable and are becoming more so with the advent of the mainstream manufacturers mass segment EVs.

Originally Posted by axm0316

As a seasoned EV owner (almost 100k KM driven) and user of 4 electric cars( Nexon Ev, EV Max, and now Creta EV and Comet) let me clarify on some points discussed here.

I have always used 15 A charger to charge all of my cars. We never plug in car at 0%.

Never pay additional price for the charger- Most of the chargers bundled by manufacturers are from third party players and rebranded with MG/Tata/ Hyundai logo.

EV tyres can wear down fast, so make sure you get tyres with unconditional warranties. Creta came with good tyres (Goodyear) and I am keeping it.

The resale value of cars is going to be bad- old). There were not a lot of second hand electric cars in market and i got a decent price back then. I struggled to sell my Nexon max this year and was sold for 11.50 lakhs (50k driven).

Ah you’re a real EV Man! Fantastic! Thanks for the insights. Indeed it is efficient to use that 15A charging point. Makes lots of sense when one has at least one alternate vehicle.
In my case Hyundai gave me the 7.2KWH charger free with the Kona. There is no line item in the invoice for that.
The Goodyear tyres in the Creta EV are interesting. I like their pattern and the tall and fat cushiony looking sidewalls. I wonder if I can find them in the right size for the Kona whenever Im up for change.
I think it is just sensible to not keep worrying about resale value when one is buying a car. Buy it and use it well. Look after it well. And keep it for longer, thus extracting maximum value from the purchase.

Here’s to an Electrifying Drive/ Ride to all those who are on the fence as regards EV’s. Speaking as one who is a relatively recent entrant to the EV world and loving every minute of it!

Drive it for its utility value as well as for the sheer joy of driving, acceleration, silence, efficiency, comfort and exhilarating performance.

Its certainly worth it (in my estimation as an urban dweller) from the points of view of both common sense and fun factor.

[itwasntme]

One more 'cost' (if I may classify it in that manner) is the sudden price cuts on EVs during this transitionary period where taxation, import duties, trade agreements etc. are wildly changing. Trump has not helped with his game-changing demands either.

For example, the 2025 BYD Seal RWD/AWD has been introduced in Australia with desirable feature upgrades BUT at a lower cost:
https://www.drive.com.au/news/byd-au...-2025-updates/
These upgrades should probably have been there from day one. Personally, I'd feel short-changed to have bought a Seal AWD with the older FSD dampers or the RWD with the bog standard ones.

This is probably why the Seal's India pricing will be announced in April. I suspect they will be slashed to reflect various efficiencies, and to prepare for the Tesla CBUs.

As a fence-sitter as of now, I am hoping the EV landscape will settle in the next few months. Hybrids are also making a comeback globally, and that may well be the logical step for me at least.

[Livnletcarsliv]

Originally Posted by shankar.balan

For some reason your tone appears to be displeased. Im not sure why.

Do be assured that I have no intention of arguing with you or anyone else on the relative merits of both cars. All I was doing is to share the real cost based on my experience.

My point was neither to argue nor is it to say which one (Thar vs Kona) is better here.
The topic of this post says "Hidden Costs of an EV". So even if an EV is compared to an ICE, shouldn't it be an apple to apple comparison, especially the use case to compare the costs? Obviously, an off-road focused lifestyle vehicle like Thar/Jimny will be expensive than a common man's EV (ZS, Kona, Nexon, etc) which doesn't give the reality in terms of cost of owning both.
It's like comparing Nexon EV vs Force Gurkha 4*4 (or) Ioniq 5 vs Fortuner 4*4. How can we arrive at the right value proposition, especially in terms of cost, when both cars have different use cases?

[shankar.balan]

Originally Posted by Livnletcarsliv

My point was neither to argue nor is it to say which one (Thar vs Kona) is better here.

It's like comparing Nexon EV vs Force Gurkha 4*4 (or) Ioniq 5 vs Fortuner 4*4. How can we arrive at the right value proposition, especially in terms of cost, when both cars have different use cases?

I believe that one has a right to compare the cost of ownership of any vehicle one owns. Especially if one owns multiple vehicles.

There is no hard and fast rule/ decree that one can make comparisons only based on the specific Use-Case applicable to any of the vehicles being compared.

For example my Jimny (whose use case is mainly leisure loafing, highways and a bit of off-road trail use) costs me 4000Rs a month on fuel to run 500 kms average.

And my Mini Cooper S (whose use case is specific but closer to that of my Kona - meaning highways and road trips), costs me another 3500 Rs a month on fuel to run 350kms average.

Whereas my Kona would probably cost 800 Rupees to run 500 kms and maybe 550 Rupees to run 350kms.

Whichever angle that I look at it from, it is clearly cheaper to own and run my Kona day to day.

And this would apply in general, when comparing ICE vs EV especially if the acquisition cost of the EV and the ICE vehicle are the same.

The simple common sense thing for most normal users would be to go EV.

And this seems to be reflected in the increased adoption that we are seeing around us.

It is only going to become more and more evident as the mainstream manufacturers like Maruti and Hyundai come up with their mainstream EVs and as BYD and MG continue to expand their offerings along with the increasing price parity between the EV’s and ICE cars.