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⚡ EV vs Petrol / Diesel Calculator

Usage Profile
50 km
8 yrs
⚡ Electric Vehicle
₹15 L
₹50K
40 kWh
350 km
₹7/kWh
4%
₹4 L
Yr 7
₹15K
⛽ Petrol / Diesel Vehicle
₹12 L
₹104/L
7%
15 km/L
₹50K
Insurance & Resale
₹30K
₹25K
40%
45%
⚡
Enter parameters to get TCO verdict
Total Cost of Ownership comparison over 8 years
FAME-II & State Subsidies: Maharashtra: ₹2.5L road tax waiver · Delhi: Up to ₹1.5L subsidy · Karnataka: 50% registration exemption. Always verify current scheme status before purchase.
EV Total TCO
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Over 8 yrs
ICE Total TCO
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Over 8 yrs
EV Saves
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Net TCO advantage
Break-Even Year
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Running cost crossover
Break-Even KMs
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Total km to break even
Annual Fuel Saving
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Year 1 savings
⏱️ Break-Even Progress (at current daily km)
Day 0——
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📊 Cumulative TCO Over Time

💰 TCO Breakdown — EV vs ICE

Cost Component ⚡ EV ⛽ ICE Difference
Purchase Price (net of subsidy)———
Total Fuel / Energy Cost———
Total Maintenance———
Insurance (total)———
Battery Replacement—₹0—
Resale Value (credit)———
TOTAL TCO (net)———

🌱 Environmental Impact

🏭
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CO₂ Saved (tonnes)
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Litres Fuel Saved
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Equivalent Trees
CO₂ calculated at 2.3 kg/L petrol, 2.68 kg/L diesel. EV emissions depend on India grid mix (~0.82 kg CO₂/kWh). Numbers are directional estimates.
AI INSIGHTS — EV DECISION GUIDE
💡Enter your parameters to get personalized EV vs ICE analysis.
Finin2min · Automotive Intelligence · TCO analysis is indicative. Fuel prices, electricity rates, and battery costs vary by location and time. Verify FAME-II subsidy eligibility at heavyindustries.gov.in.
⚠ Disclaimer
All calculators on Finin2min are for informational and illustrative purposes only. Calculations are based on user-provided inputs and standard financial formulas. Results are indicative estimates and may not reflect actual returns, tax liability, or financial outcomes. Tax computations are based on publicly available Indian tax laws (Finance Act 2025) and may not account for all individual circumstances. Finin2min is not a registered financial advisor, CA, tax consultant, or legal professional. Always consult a qualified Chartered Accountant, SEBI-registered advisor, or relevant professional before making financial or tax decisions. Finin2min is not liable for any decisions made on the basis of outputs from these calculators.
© 2026 Finin2min. All rights reserved. www.finin2min.com Calculator accuracy not guaranteed · For professional use consult a CA/SEBI advisor

EV vs Petrol: Running Cost Comparison (India 2025)

Vehicle TypeEnergy Cost/kmAnnual Cost (15K km)5-Year Fuel Saving vs Petrol
⚡ EV (Home charging)₹1.05–1.35₹16K–20K~₹5–6L
⚡ EV (Public fast charge)₹2.10–2.70₹32K–40K~₹3–4L
⛽ Petrol (₹105/L, 18km/L)₹5.83₹87,500—
⛽ CNG (₹95/kg, 25km/kg)₹3.80₹57,000—

Frequently Asked Questions

Is EV cheaper than petrol in India in 2025? ▼
Running cost: EV ~₹1–1.5/km (home charging) vs petrol ~₹6–8/km. Fuel savings are significant — approximately ₹5–6 lakh over 5 years at 15K km/year. However, EVs cost ₹3–6L more upfront, so break-even is 3–5 years depending on mileage. High mileage drivers (>15K km/year) benefit most from EVs.
What is the charging cost for EVs in India? ▼
Home charging: ₹7–9/unit × ~15 kWh per 100 km = ₹1.05–1.35/km (cheapest option). Public AC charging: ₹8–12/unit = ₹1.20–1.80/km. Public DC fast charger: ₹14–18/unit = ₹2.10–2.70/km. For maximum savings, do 80–90% of charging at home.
What is Section 80EEB — EV tax benefit? ▼
Section 80EEB allows a deduction of up to ₹1.5 lakh on EV loan interest under the Old Tax Regime (loans sanctioned April 2019 – March 2023). Post March 2023, this section is no longer active for new loans. Additionally, EVs attract only 5% GST vs 28%+ cess for petrol cars, making them more affordable.
How long do EV batteries last in India? ▼
Most major EVs in India carry an 8-year/1,60,000 km battery warranty. Real-world degradation: ~10–20% capacity loss by year 8 in Indian conditions. Battery replacement cost: ₹3–8 lakh depending on vehicle. This calculator models battery degradation impact as a scenario input.

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