The biggest cost attached with EVs is the cost of their batteries and you may end up paying a fortune to replace your electric car s battery. Here s a list of popular electric cars in India and the cost to replace their batteries.
Tata Motors: The biggest cost attached with EVs is the cost of their batteries and you may end up paying a fortune to replace your electric car s battery. Here s a list of popular electric cars in India and the cost to replace their batteries.
With petrol and diesel prices reaching Rs 100 per litre, more people are opting for EVs to save on vehicle expenses. However, there are other costs to consider, such as higher insurance premiums and the expensive replacement of EV batteries. Additionally, charging time and infrastructure remain significant challenges for EV owners.
Ev Tax Benefit: With festival season around the corner, the figures are expected to increase significantly. Due to the fact that petrol and diesel are around INR 100 mark and are less likely to fall in the future, people are increasingly gravitating towards EVs to reduce their expenditure on vehicles.
Anand Kulkarni, Chief Product Officer at Tata Passenger Electric Mobility Ltd, believes that electric vehicle (EV) battery prices will stabilize soon, leading to some EVs being priced similarly to internal combustion engine (ICE) vehicles. Kulkarni explained that battery prices have significantly reduced over the past decade but increased by 30-35% in the last few quarters due to factors like a surge in EV demand and a shortage of raw materials.