This Online Calculator Shows The More You Drive An Electric Car, The Cheaper They Are To Own

A constant debate has seen electric vehicles been pitted against their petrol and diesel engine counterparts in terms of the cost of ownership of the vehicles. Though a valid argument stands for both sides, putting those to solid numbers has been a difficult task for most. Not anymore, thanks to a new online calculator.

Built with funding from Australian Renewable Energy Agency (ARENA), the online calculator aims to solve the confusion for individual owners as well as fleet operators as to what are the costs of ownership of an electric vehicle vis-a-vis a petrol or a diesel car.

While the straight up price of electric vehicles is always way more than an IC engine offering, thanks to the high cost of lithium-ion batteries, people tend to disregard the operational cost of both the choices. In most of the cases, operating a fossil fuel-run vehicle turns out to be way costlier than an electric vehicle. This in turn affects the total expense on both the vehicles, bringing that of EVs down in comparison.

This has also been a psychological barrier for many who are opting for a new vehicle. With solid numbers backing up one’s decision, the calculator can really come in handy to know whether to go for an electric vehicle or not.

Source: indiatimes