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PluginIndia Electric Vehicles

Tata Nexon EV vs Tata Nexon Petrol AMT : Charging Costs

9/5/2020

37 Comments

 
By Team PluginIndia
In this episode of PluginIndia EV Guru, we will talk about the cost of charging your Tata Nexon EV. We show you can save around ₹ 9,00,000 on fuel alone over a period of 8 years just by switching to driving electric. Want to know more? Read on!
Update April 24th 2021
One year later, these numbers have skyrocketed essentially making your Tata Nexon EV a money printing machine! With petrol costs shooting up nearly Rs 100 per liter, you end up saving a whopping Rs 9 Lakh by using a Tata Nexon EV over a period of 8 years! ​Watch the 2021 video below!

VIDEO : ​​How much does it cost to charge Tata Nexon EV? (HUGE SAVINGS!) | 2021 Edition!

Original Blog - 2020 edition
Have you booked the hottest electric car in the Indian market right now, the Tata Nexon EV, or are you still trying to decide if the high sticker price is worth it?
One of the biggest costs of driving any petrol or diesel car is the cost of fuel. Electric cars, however, offer tremendous cost savings because electricity rates are low and less volatile compared to oil prices. 
​At PluginIndia, we have been driving electric cars for 7+ years, and we know how cost efficient and convenient electric cars are from real-world experience!


VIDEO : ​How much does it cost to charge Tata Nexon EV? (HUGE SAVINGS!)

Tata Nexon AMT Costs
All of us understand the costs associated with petrol vehicles because we have grown up driving or being driven in them, whether we had a two- or four-wheeler or we took the bus to school or college or work. One of the first things you do when calculating costs is dividing the cost of petrol in your city by the real-world city mileage of your car. This will give you the per km cost of driving the car. ​
For example, the Tata Nexon Petrol AMT, which starts at Rs 8,30,000, is a good car to compare with the Tata Nexon EV.

The Tata Nexon AMT gives a real-world city mileage of 11 km per liter. Let's say you drive 12,000 km every year. With a petrol price of Rs 76 per liter, we’re looking at 1091 liters of petrol consumed per year. So, your petrol costs in the Tata Nexon AMT will add up to Rs 82,916 per year.

If you use this car for 8 years, your total fuel consumption would be 8728 liters, and the amount of money you’ll have spent on it would be a jaw-dropping Rs 6,63,328.

Remember this number because we’ll get back to it later.

Tata Nexon EV Costs
With the Tata Nexon EV or any electric car for that matter, you have to calculate costs differently. First, you find out the energy density of the Nexon EV’s battery pack. Energy density is the amount of electricity that can be stored in a battery. It’s easy to find. Just consult the car brochure or manual or ask the salesman. And when in doubt, the internet is your friend! Coming back to the Nexon EV, the battery stores 30.2 units of electricity per charge. Next, you need to calculate the real-world range offered by the Tata Nexon EV in the city.
You divide the energy density by the range and multiply this with the per-unit electricity cost in your city to give you the per km cost.

So, in the case of the Tata Nexon EV, the energy density of the battery pack, 30.2 kWh, is divided by the real-world city range, 250 km, this is multiplied by the per-unit electricity cost, which would be about Rs 6 per kWh (kiloWatt hour). Therefore, the per-Km cost would be Rs 0.724.
A kWh or a unit of electricity in India costs anywhere between Rs 4 to Rs 15 depending on your state and on whether you have a residential or commercial connection.

Now, if you are considering buying the Tata Nexon EV, let's say you drive 12,000 km every year, the same as with the Tata Nexon AMT. With a per km cost of Rs 0.724, your electricity costs will add up to Rs 8,688 per year.

The Tata Nexon EV has an 8-year warranty on its battery, so you won't have to worry about battery replacement costs for 8 years, which is a tremendous relief.
If you use the Tata Nexon EV for those 8 years, your total fuel costs would be only Rs 69,504.
​What’s more, if you are eligible for discounted electricity rates during off-peak hours in your city, this will further lower your EV charging costs.


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Images : https://nexonev.tatamotors.com
Huge Savings by switching to electric
To summarize, your petrol automatic Nexon will consume petrol worth Rs 6,63,328 over 8 years, whereas your electric Nexon will consume electricity worth only 
Rs 69,504 over the same period.

This means you’ll save a massive Rs 5,93,824 in fuel costs alone! 

​Also remember that oil is a finite resource with costs of drilling, extraction, and transportation getting higher each day. The cost of oil keeps fluctuating, but the trend has been an upward one for decades. Further, with India importing most of its oil, the price can fluctuate based on the global geopolitical situation. Basically, so long as we keep importing oil, the countries we import it from have carte blanche to take full advantage of us.

Electricity, on the other hand, poses no such problems. India can generate electricity locally, and the price is not dependent on geopolitics and is largely stable.

India also generates 20% of its electricity from renewable energy, and this percentage is expected to grow exponentially in the coming years as we invest in solar technologies.

Therefore, as the years go by, it will actually get cheaper to drive your Nexon Electric! Meanwhile, driving the Nexon Petrol AMT will only become more expensive.

You can visit the PluginIndia electric cars page and take a look at the numbers for the Nexon EV and other electric cars. We have interactive calculators, long-term ownership costs, and much more!

We hope this episode of EV guru answered any questions you might have about the fuel costs of the Nexon EV.  Remember, by going electric, you’re not only saving a ton of money, you’re also benefiting your city, your country, and your environment. So don’t be thick; drive electric!

Listen to this episode
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Useful Links
Tata Nexon Launch Event
Tata Nexon Website
37 Comments
Sateesh Reddy
10/5/2020 07:20:16 pm

Its a no brainer. No point spending 8 Lakhs plus on a Petrol Car if you do most driving 200-250 km.
The Nexon EV is the best deal now.

Reply
Kamlesh Mallick
10/5/2020 07:20:46 pm

We agree!

Reply
Manoj PATHAK
14/1/2021 07:55:36 am

कौन-कौन से कलर में आती है टाटा नेक्स

Gaurav
7/8/2021 11:27:02 pm

Really?,what about price difference between petrol and electric variant.You can get petrol top variant 7lakh cheaper than electric and what if after 8 years any problem comes to battery.Every one knows battery power decreases over time means less run and lots of daily burden for charging station

Reply
Feroz Asger Ali
19/7/2022 08:11:17 pm

The difference in initial cost between a petrol version and a EV is much higher than the saving in running costs
Why do I pay the cost of petrol I use in 8 years to go for a EV

Mayank link
16/5/2020 01:41:00 am

I like the way you interpret your information and the Nexon EV part was much informative
I have also made a blog on the topic
Do check it out
https://transitprodigy.com/best-electric-cars-in-india/

Reply
bijesh
18/7/2020 02:26:41 pm

i am not impressed because you are not saying anything about battery cost after 8years.

Reply
Vamsi Krishna
2/8/2020 12:28:16 pm

By the time your warranty ends much more people use EV cars and there is high chance for battery charges to get down which can be bought by your overall savings done by your EV when compared to petrol cars.

Point to note is that petrol price will go much high in the future as we all know.

Reply
Pbr
13/1/2021 11:50:04 am

Every year battery cost is rising.Dont expect a decrease in batttery price.
A battery replacement would cost near about 5-6 lakh rupees.A middle class family could not afford that.Seems one has to take a loan to get a battery after 8 years.So there is no saving.Its just a myth.Requesting you to revisit your calculation.

Vijayakumar Choukimath
6/8/2021 03:02:05 pm

These batteries are imported and hence they are costlier now, but years ahead when India starts MASS PRODUCTION, then no way the prices could go up, if not lesser, at least it will not increase.

Anirudh Diwakar
25/9/2020 06:37:45 pm

Well, it's not as if you have to change the batteries after thise 8 years. It's like a warranty on anything. We can use it way longer than the warranty period.

But answering the question, it costs about 4-5 lakhs on a 40KWh battery right now. BUT!! Do keep in mind that the price will be halved by atleast 50% in the next 5 years. That's not even accounting additional lepas in technology.

10 years is a loooong time for innovation😋.

Also, most EV manufacturers chane out newer types of batteries at minimum cost. So I'm sure Tata will do that too. Mahindra dies that.

Reply
Santosh Sonar
26/7/2020 06:50:11 pm

very nice information, thank you very much

Reply
Prashaant
7/8/2020 09:11:03 am

You should also include the cost of servicing and maintenance which is cut by half for EVs. Another 50k in savings

Reply
Shankar
12/8/2020 03:00:02 pm

1. You have not taken into account the initial price difference delta between the Petrol AMT and the EV.
2. It would be ideal as your second car but certainly not as your only car, since its not suitable for long out-of-city drives with its limited range.

Reply
Rajat Agarwal
24/8/2020 12:47:03 am

Nexon AMT - Rs 8,00,000
Nexon EV - Rs 14,00,000

Even if I save Rs 6,00,000 in 8 yrs but actually spending double the cost of car is something not understood?? Also who keeps car for 8 yrs?? What about battery cost after 8 yrs?? How much is resale value of petrol car vs EV? How about mileage driving with AC or Heater on in EV?? Last but not least I don’t have 30 kWh connection at my house??

Reply
Sandeep
30/8/2020 11:59:28 am

U don't need 30 kWh . Normal electricity plug can be used. I bought a nexon ev and I spend a mere 300 rupees for a month for charging ( 20 km per day) . I used to spend more than 3000 for my petrol car . Also u can charge the car in office .

Reply
Aditya kagale
30/8/2020 10:02:05 pm

Correct sir , the price of ev is high compared to petrol Nexon , this guy explain profit but didn't consider this point which actually should be considered because if put differences of EV and petrol which is nearly 6 lakh in bank you get minimum 4 to 6 % of interest per annum which comes nearly 30000 which helps to reduces our fuel expence to half , but at last to save mother earth ev is best option

Reply
Amir
25/9/2020 02:51:08 pm

Bro.. it need charging of your house (single or 3phase) electric connection which we have commercially use. 30 kW-hr is total power which battery stored from your home connection, same as mobile phone batttery stored 5000 mA-hr in phone. you have this in your house? 😉😉

Reply
Siji
7/12/2020 01:19:41 pm

What about the mileage?
Will it reduce after one or two years of use.

Reply
Ashish Budhia
28/8/2020 12:22:01 am

I own a Nexon EV. The Real World range which you put up as 250 kms is incorrect. These are "Ideal Mileage" types, and realistically, it can go to a max of 200 kms with very stringent driving. The realistic range is anywhere between 150-175 kms. So all calculations should be based on that.

Reply
Rajat
28/8/2020 09:30:59 am

Hello Ashish,
Can you please share more details like mileage with AC on & off condition? How long you drive daily? How do you charge? Service costs etc?

Reply
Rommel Pinheiro
6/9/2020 03:43:05 pm

I am really interested in buying the Nexon ev but I don't know the different government schemes that are there in Goa. I don't want to get ripped of by these dealerships in Goa who have no idea them self of schemes. It would be really nice if you could help me out

Reply
Prakash Sarkar link
8/10/2020 11:12:06 am

I’m a research scholar, and I have been working on ‘the benefits of EVs’ for a while. I found that no only EVs are better but also exceptionally eco-friendly if we use it wisely. That’s not all if at least all the public transport vehicles in all Indian cities become electric, there is an estimation that 20% of air pollution in India can be reduced and that is nice, right? And as nowadays in many Indian states, solar energy is being used both by domestic and commercial to generate electricity, the cost of running EVs will also become cheaper. Some say EVs are our future, but if it is true, it can be only possible with our small initiative in switching to EVs than buying regular combustion engine vehicles. Also, I hope our government show enthusiasm towards shifting to EVs by various means.

Reply
Praveen
4/11/2020 08:31:16 am

I am not agree with your calculations. You are paying extra 6 lakh rupees in the starting of 8 years for the electric car and after 8 years you are showing benefits of 5.5 lakh, also what about interest money of 6 lakhs rupees for 8 years

Reply
Praful
14/11/2020 06:26:13 pm

Maharashtra Gov is also giving Subsidy of 1 Lac on EV + no Road Tax of 11.5% so another 1 lac saving + you will get income tax benefits on Car loan interest on 80EEB upto 1.5 lacs on EV, So its unfair if you just compare Ex-showroom price of Petrol Nexon vs Nexon EV, compare on Road Price of two and u will realize you will get another 2 Lacs Rs. benefits on Nexon EV.

Do the math and see what works best for you in your respective State.

Reply
anoop
26/1/2021 09:22:15 pm

it's a very good point the many people do not consider when checking out an EV car.

Reply
Venkatesh
6/3/2021 12:15:24 pm

I think, it is still expensive to buy an EV even if equate overall put down cost + subsidies Vs petrol car, including the loss of interest.
The shear interest would be environmental friendliness.
The government needs to much more, I see in Shanghai the government offers EV cars not only lowest tax, toll fee waived off + faster registration of number plate + free charging points at various places ( malls/offices/ complexes/ social charging points).
Home grown battery technology would bring down the cost difference between imported batteries + taxes, also the social charging availability would make the difference for future.

Reply
Aatul
13/3/2021 10:51:48 pm

No mention of price of EV. Its around 14.5 lakh. So its 6 lakhs costlier then the petrol version. So one will be paying 6 lakhs upfront with what he may recover in 8 years. So see the interest on 6 lakh for 8 years. That's a clear loss. Plus the value of cars after 8 years will be hugely different again against the EV. Let's be realistic. For EV to become popular, their price has to come near to the petrol variants.

Reply
Rahul Dravid
23/4/2021 06:55:29 pm

I think the difference is 6 lakhs only when you consider the base variant of the ICE nexon.But most people will not buy the base variant.And You have to consider the Maintanence of ICE nexon.oil changes.You have to check and servive the car periodically.If you fail to do,you have to spend money for the maintainence..So,EV is care free.Even it will not give you troubles unlike petrol cars if the charge is sufficient enough to propel the car

Reply
Raj
27/5/2021 09:17:17 am

Petrol vehicle is 8laks and EV vehicle is 14 laks... We are paying 6laks extra... That is cost of petrol for 8 years.... If you calculate 6laks interest for 8 years then it comes around 4 laks. So how can we save money in EV , petrol vehicles are cheaper... EV is environment friendly

Reply
RAJKUMAR
3/6/2021 03:51:35 pm

Still to wait for 1 year to buy EV car as might be new technology will come for better battery and cheaper in price

Reply
Balaji
4/7/2021 12:43:02 am

EV are considered only for environmental friendly measures. Soon the prices will come down with newer innovations in the technology. But as of now, economical calculations, it's very high. Infrastructure is not build to scope up with the EVs in india. As like petrol pumps in every 2 km,electric stations needs to established. Government subsidies really makes difference. Let's government convert all heavy vehicles to ev first.

Tata cars are always great. That too Tata nexon with Ncp rating of 4..it rocks..here the comparison with nexon petrol and EV is not sensible. EV cars are at entry level, no maintenance support even in show room itselves and calculation is merely on milage here. So many considerations left out in it..

Maintenance charge
Time consumption in charging
For long distance coverage
Resale value
Warranty and insurance coverage
Millage of Fully loaded car with AC usage and mobile chargers

Let's wait till next decade to make it happen realistically to common peoples..


Reply
nilesh
6/4/2022 10:44:34 am

Range Years Rate Average Fuel needed for 1.5 LKM Running cost for 1.5 LKM servecing chrg/year servc charg for 7 year Insurance/year Insurance cost price of Nexon Total cost after 7 year
Petrol Running cost 150000 7 117 14 10714.28571 1253571.429 15000 105000 8500 59500 1100000 2518071


CNG Running cost 150000 7 64 24 6250 400000 15000 105000 9600 67200 1100000 1672200


EV Running cost 150000 7 0.8 187500 3000 21000 9600 67200 1600000 1875700


EV Battery Pack cost 600000

Reply
Nilesh G
6/4/2022 10:55:13 am

Range Years Rate Average Fuel needed for 1.5 LKM Running cost for 1.5 LKM servecing chrg/year servc charg for 7 year Insurance/year I nsurance cost
price of Nexon Total cost after 7 year
Petrol Running cost 150000 7 117 14 10714.28571 1253571.429 15000 105000 8500 59500 1100000 2518071


CNG Running cost 150000 7 64 24 6250 400000 15000 105000 9600 67200 1100000
1672200

May be CNG is a best option as of todays price for CNG, we are not sure what happen with EV cars after 7-8 years, (EV battery pack cost near about 6 Lacks) , not sure about resale value, EV purchase need to spend additional 6 Lacks upfront while purchase. means every time 6 Lacks upfront cost involved into it.

all depends on how much subsidy government offer on EV's , in future how much cost EV batteries reduce as now it about 15K/KWH. we are not sure, as a middle class person, we will have to wait and watch the situation in future and maybe after 4 year we could buy it but now it is a GHATE KA SAUDA!


EV Running cost 150000 7 0.8 187500 3000 21000 9600 67200 1600000 1875700


EV Battery Pack cost 600000

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