Electric scooters have recently gained immense traction in the Indian two-wheeler market. This significant surge resulted from several influential factors like the government’s support for electric vehicles, soaring petrol prices, and the awareness of adopting an eco-friendly lifestyle.
Amidst this skyrocketing interest lies a pivotal consideration for potential buyers: the financial dynamics of owning, operating, and maintaining electric scooters versus their traditional petrol counterparts. At the end of the day, in an average Indian household, the decision to buy two-wheelers depends on the ubiquitous question “How much will it give?” (referring to the mileage), as it is a critical factor, especially due to the escalating petrol prices in the last decade.
However, while the transition to electric scooter India is undeniable, many people grapple with the cost-benefit analysis of this transition. It extends beyond features; it’s about unlocking value-for-money and ROI, understanding the true economic advantages inherent in these environmentally conscious alternatives.
This blog aims to dissect this crucial cost comparison in two parts: the initial purchase considerations and the ongoing operational and maintenance expenses, and help you make a wise decision in purchasing your new two-wheeler!
Buying and Owning an Electric Scooter
Typically, when compared with their conventional counterparts, electric scooters in India tend to have a higher price tag. Despite having fewer components than petrol-based scooters, the increasing expense of lithium batteries significantly impacts the overall cost of electric scooters. However, a few other subsequent factors should be considered before purchasing an electric scooter, which could potentially save your packet.
Incentives and Tax Benefits:
One of the primary appeals of owning an electric scooter in India is the incentives offered by the government – both central and state governments. Incentives such as subsidies, tax exemptions, and rebates significantly reduce the initial purchase cost, making electric scooters more affordable compared to their petrol counterparts. So check with the recent subsidies and tax benefits that the governments provide and claim it while purchasing the e-scooter.
Insurance and Registration Cost:
The registration cost for electric vehicles is generally lower or waived, further trimming the ownership expenses. Low-speed electric scooters (offering a riding range spanning 50 to 60 kilometers) are mainly exempt from registration and insurance. Additionally, one does not need a driving license to ride them. Consequently, investing in e-scooters results in savings on both registration and insurance expenses.
Operating and Maintaining an Electric Scooter
Both electric and petrol scooters have their distinct challenges in their operation and maintenance.
Regarding electric scooters, the primary concerns for potential buyers revolve around charging requirements and anxiety regarding their limited range. Manufacturers and sellers have made efforts to remove these concerns by bundling chargers with the scooters and establishing charging infrastructures across key areas. However, the anxiety related to limited range keeps persisting.
On the other hand, for petrol scooters, the predominant issue centers around skyrocketing fuel prices. Additionally, the higher maintenance expenses significantly impact the operating and maintenance costs of petrol-powered scooters.
So undoubtedly here electric scooters have the advantage.
Reduced Running Costs:
The operational expenses of an electric scooter are notably lower due to the zero dependency on fossil fuels (petrol). Charging an electric scooter costs substantially less than refueling a petrol scooter, as the cost of electricity in India is cheaper than the price of petrol.
The absence of intricate internal combustion engines and associated components in electric scooters helps with lower maintenance costs. Fewer moving parts and simpler mechanics also result in reduced servicing expenses and require fewer service visits. So electric bikes have substantially cheaper maintenance costs when compared to petrol-based scooters.
In conclusion, the financial benefits of owning an electric scooter in India extend far beyond the environmental advantages. With governmental support, lower operational and maintenance costs, and an increasingly favorable economic landscape, investing in an electric scooter proves to be the best choice that promises substantial ROI and a greener future.
If you are already looking for a trustworthy, customer-centric e-scooter brand with a diverse collection of e-scooters that can satisfy your distinct needs, you are at the right place. SES vehicles have many electric scooter models perfectly designed for Indian people and terrain. They are high-performing, unique, reliable, and affordable! Check out our products and contact us!