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Petrol Vs Electric Car (Nexon EV) | Cost Analysis | Konsi Kitni Sasti Hai ? - YouTube
Channel: Sarcastic Sindhi
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Friends , electric vehicles can be the
next best thing for automobile industry,
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and I feel like in the coming 10-15 years,
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a lot of people who are driving petrol ,
diesel vehicles
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will get converted to electric.
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But at this date when I
plan of buying a vehicle then,
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I think if I should buy
electric or petrol vehicle?
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What are benefits and drawbacks?
how much money should I have to give
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to electric or how much am I
saving by ultimately buying electric.
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I tried to do a small cost
analysis and in this video,
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I would be requiring your help
too , because your suggestion
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will help the entire community
who are watching this video
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Should they prefer electric for now?
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or is it okay if they they
want to continue with petrol?
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Let's start. My name is Chandan
and you're watching Sarcastic Sindhi.
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let's get started.
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Friends , to determine cost
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or to make an analysis of the cost
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a lot of things are variable.
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There's no one variable but
instead there are so many things
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that we don't know over the time
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how much will change and how much not.
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At a lot of places I have
taken the common value
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and I've tried making
an analysis over that.
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The value of these things might change
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state to state , city to city
or even person to person.
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At the last we'll try to get
the results accordingly,
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for what it is good and for what it is not.
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Let's start this comparison. If a
take a look at family car at today's rate
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a good electric vehicle , which looks good
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and which has good features. This
recalls me of a car called TATA NEXON.
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If I have to buy one then probably
I'll be considering that for myself
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at the moment with the options
being available at the market.
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Now let's talk about cost.
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If we are using petrol then how much
are we spending on it over a year?
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and along with that what
is the running cost we get?
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This is the first variable,
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who's vehicle is running how much.
It is not necessary that
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running of your vehicle and mine should be
same.
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So here I'm taking a small common variable
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1000 km/per month.
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If you stay in a big city it might be less
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and if you live in a small
city and your running is low
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then maybe you might nit be able
to cover 1000 km in an entire month.
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But I'll be taking the value
of 1000km to make a set bar.
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With this , in one year
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the vehicle's running is up to 12000km
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Now the second variable is about average.
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How much average is our vehicle giving?
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This also differs on the
way we drive our car.
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Company's claim that
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results on road are less
and more on highways
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there are too many variables.
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So , I'll take the average here also,
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15km/liter
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that means if you buy
a car at this generation
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then it'll give you so much of average.
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If we want to run the vehicle for 12000km
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and if the average of
the vehicle is 15km/liter
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then it approximately
needs 800 liter of oil.
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If we want to calculate the
cost of 800 liters of oil
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in a year then approximately then
the petrol cost will come up to 68000/-
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If the price of petrol is 85/-
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It is today's rate but it keeps
on fluctuating and over the year
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it differs a lot.
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If we think it's not gong to fluctuate
much. but only 1/- here and there.
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It keeps on fluctuating in
0.25 or 0.10 every now and then
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So , the cost approximately is
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about 68000/- or about
70000/- for an entire year for the fuel.
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Let's compare the electronic vehicle here,
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we were taking the example of Nexon.
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The company is giving 30kwh
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of battery's capacity.
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The amount of energy it
needs to get from 0 to 100
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is 30kw.
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and the electricity company
from which we charge
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in our house from where
the electricity comes
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The unit that is charged there is also kwh.
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This means 30 units
will be approximately
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30 units of our electricity,
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to get our car's battery
fully charged and
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if we look at the unit cost
it also varies
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from your city , your state.
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Some get subsidy , some do not.
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An average price will be around 6
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but I'll take an upper value
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of about 7/- per unit.
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So , approximately electricity
of 210/- is being used.
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Where as the company claims that car would
run up to 312km in that battery power.
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But this 312km is also
the company鈥檚 own value.
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But in result time the
result might come up to
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will be around 275-280km in the city
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and close to 300 if you're run on highway
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because the region technology
has also been used there
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which reproduces a lot of electricity
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without giving extra
money for the electricity
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So, if it runs 280km in 30 units then
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to run 12000 km we have to,
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we'll need up to 1286 units of electricity.
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When I have taken the
electricity tariff zone as 7/-
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if we multiply with that , then
approximately the cost will sum up to 9000/-
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The result that we have got here is,
the yearly cost was
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close to 70000/- but here
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the yearly cost of fuel
that is the running cost
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will be approximately 9000/-
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for 12000km.
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All this calculations are done for 1 year,
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but if you buy vehicle
you'll not buy for 1 year.
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If an average Indian user buys a car then
he'll have an ownership of minimum 8 years.
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So let's take this to the level of 8 years,
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if you're buying a new vehicle
and running it for 8 years then
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what is the difference?
So in 8 years,
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the biggest change will be
the cost variation in petrol.
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The petrol price
increases on the daily basis
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and is highly unstable
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it can increase by 1/- in a
single night or even 2/- maybe
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or 0.25 might drop too.
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So approximately if we even take this as 10%
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for the year on year growth
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then a lot of difference might be there.
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After 8 years from now,
if the petrol price is
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highly unstable,
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this involves a lot of factors , like
what is the price of global crude oil,
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what are the terms of our
government with other nations?
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How much of imports are taking
place and how much are not
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a lot of factors depend of this.
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But for an average
I'll take 100/- per liter
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for 8 years, it can be
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less than 100/- for the first 4 years
and more than 100/- for the next 4 years.
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by accepting this condition,
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this might be wrong. let me know what are
your opinion about this by commenting down.
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So if take 100/- per liter then the
cost sums up to 80000/- for a year.
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You'll have to spend 80000/-per year on
petrol if you're running a petrol vehicle.
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If I am driving one or if I
want to buy a petrol vehicle
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So , for 8 years with context to
80000/- year, it's close to 640000/-
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If I'm not wrong.
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You'll spend 640000/- for the petrol,
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and if we see the same
thing in an electronic vehicle
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the price of the electricity
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will largely stay stable.
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Because we don't
have to import like petrol.
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In India a lot of electricity is
produced and hence it stays stable,
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but still , if there's some growth
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or the demand has increased
due to a lot of electronic vehicles
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or the cost of production has increased,
or due to any other reason.
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the cost of electricity is increased.
So approximately the 7/- we're taking ,
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let's take average of 8 years as 9/-
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and if we take 1286
units with an average of 9/-
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which is comparatively more
for an average of 8 years.
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If we multiply into 9/-
then it'll sum up to 11574/-
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This is for 1 year and now
if we take it for 8 years then
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it'll come around 93000.
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There it was costing us 640000/-
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for fuel cost , and here it is 93000/-
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This means approximately
you can save up to 550000/-
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if you're running the vehicle for 8 years.
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And if all the variables that we have taken
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approximately stays the same.
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Now here , don't think that you
have earned or saved 55000/-
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The twist here is that electronic vehicles
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are much expensive than the
petrol vehicles for time being.
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To neutralize features,
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if we try to keep both the
models at the same level then,
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The company that is giving the
automatic vehicle鈥檚 base variant
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is about 844/-
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But on the other hand , the price of
the electronics is close to 14 lakhs
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but , here's a twist that
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that the government is subsidizing.
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that means , the road tax around
1.5 lakhs and all those other taxes
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are been subsidizing and in 3 years
you'll be able to claim back 50000/- each
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which we have paid in term of tax.
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So the difference that
we have got here is,
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we'll have to pay around 15lakhs
in the case of electronic vehicle
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and around 10lakhs for
a petrol automatic vehicle.
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So, the difference that
we've got is about 5 lakhs
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this might differ , since I have
taken easy amounts for the calculation
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so that we get an approximate value.
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In the start you're
paying 5 lakhs extra but
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but the same 5 lakh we had
saved in electronic vehicle
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if we would have used
the vehicle for 8 years.
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This means pay 5 lakhs now,
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and slowly start to recover
5 lakhs of your money in 8 years.
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If you're running is 12000km and
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if petrol price grows in the
same way like we expected.
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There are so many things
about electronic vehicles that
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we have to consider if we are
planning to buy an electronic vehicle.
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The first thing is , this is not hybrid
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this does not have a petrol tank.
If you鈥檙e thinking about long tours
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then it does not have so
much of stability as of now.
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Because the charging points
that have been used in this
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and the charging networks that are used are
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very less in India.
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There are so many cities where electronic
vehicles have not been launched yet
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that means there are
no charging stations also,
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so you can't take this for many routes.
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The range is also very limited. if you're
driving around 280-300km on highway
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then this is not enough for long runs.
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If you travel intercity everyday,
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if you stay in NCR or in Bengaluru
and your daily commute
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is like you have to travel
50-100km up and down daily.
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Then in that case electronic
vehicle is a good option here.
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There's also a difference
that , in petrol vehicles
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we get at least 1 service done every year.
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and the major cost there
is of engine oil , air filter and
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of part plugs too. All these things
does not exist in electronic vehicle
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Because there's no engine
in that , it run with a motor in it.
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So, the cost of every year that
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labor would be used for
servicing , marinating , checking
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and the service cost will be added but
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the money of parts will be saved.
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If you'd take the parts even
of 2000-3000 every year
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which has to be put for
the vehicle鈥檚 service then
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you'd be able to save 25000 inn this also.
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But there are a lot of
complication in an electronic vehicle,
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the battery pack is
the life of the vehicle.
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Warranty of 8 years have
been given over these batteries.
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If there's some problem in the battery for
8 years then the company will look over it.
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But after 8 years if something
goes wrong with the battery then
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then the cost that has
been told by the company.
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Battery replacement
cost can be over 1 lakhs,
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This the cost of today,
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If it gets defective after 8 years then
it the cost might even go up to 2 lakhs.
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Or there's a possibility of
applying the technology's rule which says
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the more people use ,
the less the price becomes.
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There's so much of mass production done.
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We cannot say anything about
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how much the battery price will be.
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You are safe for 8 years
, there's no need to worry
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If you're thinking for the small term,
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that you'll use the vehicle
for 5-6 years and then sell it
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then it's fine. But if you're
an long duration consumer
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and if you want to use it for 10-12
years and not think about selling.
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Then you've to consider that,
if the battery gets defective
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then the price an sum way too much.
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If we talk about TESLA. There's
a news that it's coming to India.
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The battery pack that is used in TESLA,
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is the same lithium pack.
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I mentioned lithium because
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India has to import lithium from
China since it has big mines of lithium.
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This makes the cost more expensive.
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Because of which there
a TESLA plant in China.
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But in India , people from IIT
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made fuel and technology
which is really affordable
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and there's no charging time.
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The big things is , we
charge the vehicle over night
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it take 8 hours in home charger
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and in case if we want to fast charge
it , then we are supposed to go to market
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and pay them a bit or
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you might even get some free services at
start if you get along the network of car.
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There are franchise companies in UK
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and they have a wide range of
charging stations at many places
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they have made fast
chargers for the vehicles
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and they have also made
membership schemes
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if you pay them some monthly and yearly
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you'll either get some
charges or unlimited recharge.
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Such concepts can be seen in India soon.
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We'll also get to see
many charging companies
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who have their network at many places.
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Even on highways we'll get to
see free charging from this network.
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These are the concepts
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But I'm looking at fuels and technology
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which is going to start
it's trial in India very soon,
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which is made by our
homegrown Indian IIT students.
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Basically that doesn鈥檛
have any charging time,
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and it's not even that expensive
while replacing the battery.
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There's no charging time.
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It charges the vehicle in 5 minutes and
you don't have to worry for 300-400 km
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Finally , the results that have come out
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with the current circumstances,
I won't be preferring Ev
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Because I'll be going on long runs too.
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The routes I take , I think there won't
be charging facility in any time soon
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and in the long routes that I'm going,
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if there's no charging then
what's the use of taking an EV?
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What if it goes and just stops there?
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Or what if I'm not able
to take it from here.
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If I look at the cost , that is 5 lakhs
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is almost the same.
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I'm investing at first and then recovering
it or I'm paying slowly paying it later on.
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I've got an idea in my mind,
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why don't I keep my safest investment
that 5 lakhs in my bank or as FD
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I'll get 30000-35000/- in a year
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and I can use that money for petrol
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or also for the service of the vehicle.
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After all petrol vehicles have
already been tested at the market
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the resales are very good but
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here if we look at the environment
then obviously EV is a very good option
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Carbon emissions are close
to zero in an electronic vehicles.
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and there's another common logic is that
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Your 5 lakhs in the
bank will stay as 5 lakhs,
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and you're just using the interest
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for the fuel but if you had
invested in vehicle then
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it is an depreciating asset.
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Every year it'll make the
value go near to zero.
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Over the time if Fuels and
Technologies comes in India then imagine
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how less the cost will be
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in batteries because currently
we have to import them from china.
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If it's home grown then,
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the cost will reduce and with
that it'll be easy to go also.
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the recharging system of 8 hours at
home for the vehicle to be fully charged
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we'll be relieved from that.
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Give me your suggestion by commenting.
what's your opinion?
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Are you in favour of electronic vehicles?
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Even I'm in favour in terms
of environment friendliness
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But are you in favour of investing more
at first and then slowly recovering it?
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Or you'd like to pay less and use
the rest as per your convenience.
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Considering in today鈥檚 circumstances,
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for EV , India is fully ready for Ev but
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infrastructure has not been
fully deployed in entire India.
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This is it for today鈥檚 video.
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If you like the video and
got a bit of value then,
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press the like button , subscribe the
channel and turn on the notification
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if you like such internal
related videos.
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I'll meet you in the next video.
My name is Chandan.
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you're watching Sarcastic
Sindhi until next time. Stay safe!
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Stay Sarcastic!
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See ya!
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