Total Cost of Ownership, Electric Bike vs Petrol Bike - A Comparison

Petrol and fuel prices resumed their upward march across the country, pushing retail costs to previously unheard-of heights and burning a larger hole in consumers' purses. The electric vehicle stands as a hefty alternative - Let's take a closer look at the total cost of ownership of an electric bike vs a petrol bike.

Electric Bikes vs. Petrol Bikes: A Cost-benefit Analysis

A. Definition

Petrol Bike - A petrol bike operates on the same type of gasoline as a car; it has an ICE engine, or an internal combustion engine, which burns petrol to provide the energy required to propel the vehicle.

Electric Bike - Electric bikes run entirely on energy; they have a battery that must be charged in order to power an electric motor. Because an electric bike is powered by electricity, it emits no hazardous gases into the environment.

B. Gases

Petrol Bike - Petrol motorcycles emit CO2, a very toxic gas that pollutes the environment.

Electric Bike - Electric bikes are regarded as the safest way of transportation due to their lack of carbon dioxide and other dangerous chemicals. Which contributes to the reduction of environmental pollutants.

C. Pricing

Petrol Bike - Indians are notoriously price-sensitive as consumers. This is a critical component in swaying a buyer's choice in favour of petrol scooters, as they are available at a range of pricing ranges based on engine capacity.

Electric Bike - Electric scooters are often more expensive than their gasoline-powered counterparts, as the best-rated electric scooters use more expensive lithium-ion batteries. The national government, however, recently increased the incentive for e-scooters to Rs. 15,000 per KWh, and the ceiling on incentives now covers up to 40% of the entire cost of the two-wheeler.

D. Cost of fuel/electricity

Petrol Bike - The average petrol scooter has a range of around 50-60 kilometres per litre. However, some fuel-efficient vehicles can reach 100 kilometres per litre.

Electric Bike - An electric scooter will get the same mileage as a petrol scooter while costing only 15% of the price of a litre of gasoline. Ultimately, in the electric bike vs. petrol bike review, EVs prevail since they are more inexpensive in the long run.

E. Range of operations

Petrol Bike - Petrol outlets are widely distributed across the country; hence, the range of a normal scooter is nearly endless.

Electric Bike - While electric scooters are an excellent alternative for short daily commutes, their limited recharge outlets make them unsuitable for long-distance excursions. Many e-vehicles, on the other hand, come equipped with home charging systems.

F. Convenience

Petrol Bike - Fueling a petrol motorcycle is significantly simpler. At the gas station, it just takes a few minutes to fill up your tank.

Electric Bike - A complete charge of an electric scooter takes at least a couple of hours. Tenants of residential complexes may have difficulty powering their scooters. While many electric bikes include replaceable batteries, fueling an electric bike is still more arduous than fueling a scooter.

G. Maintenance & Upkeep

Petrol Bike - Regular servicing and replacement of worn-out mechanical components are required for petrol scooters.

Electric Bike - Electric vehicles require less upkeep than gasoline-powered vehicles. So, in terms of maintenance, is an electric scooter superior to a gasoline scooter? Not totally, since you also need to clean the model on a regular basis in addition to charging the battery. Always keep an eye out for under-inflated tyres and replace them promptly.

Ultimately, this is not a matter of money. By riding an electric scooter, you contribute to reducing air pollution, particularly in cities, which is rising at an alarming pace on a daily basis.

Electric vehicles would also help India reduce its crude oil import expenses, as India is capable of generating enough electricity to power the electric vehicles in the future but lacks fossil fuel resources. Therefore being wise with your choices is important, until then, you have a good opportunity to acquire an electric car under the FAME II programme and some state programmes.

Take a moment to revisit the information in this article to obtain a better sense of the financial savings and environmental benefits of using electric vehicles.