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Electric vehicle versus Fuel vehicle: Which is more affordable and cheap

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The electric vehicle industry is booming, but the biggest drawback for the consumer is that they are priced much higher than the traditional fuel vehicles. However, at a time when filling-up a full tank of petrol scooters and motorcycles is fast becoming a dream for many, the alternative to it — electric two-wheelers — seems to offer better running price realisation in the long term.

According to investment bank and financial services firm Morgan Stanley, battery-powered two-wheelers are cheaper to own and run than petrol and diesel equivalents. The running cost of electric vehicles is nearly 5% lower annually compared to a gasoline petrol vehicle, the report showed.

The maths of cheaper electric vehicles

The petrol and diesel prices across the country continued their northward march taking its retail rates to unprecedented levels and burning bigger holes in the consumer’s pockets. The electric vehicle as an option weighs heavy.

Although the fact that EVs are priced significantly higher than the vehicles running on fuel have kept people away from them. But once the infrastructure is in place, the cost really comes down to the electricity unit price, which is much lower than the fuel rates. No matter what the price of crude oil is around the world, in India, the average fuel rates have always remained at ₹70 and ₹80 per litre for diesel and petrol, respectively.

Under the bare minimum conditions, the math becomes even clearer — unit price of electricity multiplied by battery size is equivalent to the cost of running an EV. This also eradicates high fuel costs and provides cheaper maintenance and tax. Electric vehicles also hold their value for longer compared to fuel vehicles, according to a Europe based firm study.

 

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Maruti Suzuki five seater to be launched in India soon

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The Jimny has been around long enough in global markets for it to be time for a mid-life nip and tuck, but more importantly this also means that the 5-door Jimny is one step closer to making it to reality. The 5-door Jimny, introduced to India as the Sierra at the 2020 Auto Expo is ear-marked for India. Recent spy-shots reveal a few more details of the India bound SUV.

Like the Jimny Sierra, the 5-door version of the Jimny will be about 300mm longer than the 3-door both in terms of wheelbase and length. The Jimny 5-door will measure in at 3,850mm in length, 1,645mm in width and 1,730mm in height and a wheelbase of 2,550mm. Like the 3-door the Jimny 5-door will have a ground clearance of 210mm and weigh in a 1190kg, 100 more than the 3-door. In the India perspective, this means that the Jimny will come in under the 4-meter mark, although the 1.5 liter petrol motor in the Jimny is likely to negate the benefit of its overall length in terms of taxation.

In global markets the K15B 1.5 litre petrol is rated for 102bhp, although it will be interesting to see if Maruti Suzuki opt for the mild-hybrid powertrain that usually accomanies this motor in India. At present Maruti Suzuki uses this motor with the smart hybrid system in the Vitara Brezza, the S-Cross, the Ciaz as well as the Ertiga. It is likely that the Jimny 5-door will use the same 5-speed manual and 4-speed torque converter that we’ve seen on all the above cars.

Now it is likely that the 5-door Jimny will debut alongside the 3-door Jimny facelift globally with similar cosmetic tweaks. India has already been manufacturing the Jimny 3-door for export markets for some time now, and now we can confirm that the 5-door has been earmarked for a launch in India shortly after the global launch, either by the end of 2021 or early next year.

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