Why Electric Cars Are Expensive In India

That way you can think about the total ownership costs of an electric car.

Why electric cars are expensive in india.

While the government is doing all it can to support electric vehicles and keeping in mind the rising petrol and diesel prices at the same time here are the electric cars in india. Electric cars should be much cheaper than ice internal combustion engine driven cars. Moreover the second phase of fame india scheme which has total budgetary support of rs 10 000 crore will also support 55 000 electric four wheeler passenger cars. If you are considering purchasing an electric car this article will outline the most common reasons why electric cars are so expensive.

It s almost impossible to buy an affordable new ev one that costs less than 500 per month on a typical auto loan. Why electric cars are so expensive. In the electric vehicle space however demand isn t being met. India s first electric suv is finally here.

In fact the kona electric is about a shade smaller than the creta. The latest vehicle to receive a raised eyebrow is the audi e tron an suv and the company s first all electric car which will be revealed on september 17 and cost from 80 000 93 700 in europe with u s. Prices to come soon. 2 taxes charged by state central governments are very high.

The hyundai kona electric has been launched at a price of rs. Electric cars are still somewhat new to the car market and because of this they will demand a premium. The reason is that ev s are expensive. A glance at the prices of new electric cars will tell you something very quickly.

However that is all set to change starting april 1 with prices of evs slashing down by rs 20 000 to rs 2 5 lakh. With more than 200 mn electric two wheelers 3 3 to 4 mn low speed electric vehicles lsevs and over 300k electric buses as of 2017 china is currently the global leader in the electric. In europe plus israel and turkey where electric cars represent 1 9 percent of the. 25 30 lakh ex showroom pan india and is the only one of its kind in the country.

The average price of an electric car is 81 percent higher than that of a normal car according to a new study. But in india they are very costly as cpared to most other countries why because 1 volumes are low.