Electric Scooters vs. Traditional Bikes: Which is More Cost-Effective in India?
By Team Asianet Newsable | First Published Nov 8, 2024, 2:22 PM ISTElectric scooters have fewer moving parts, don’t require oil changes and their battery and motor require minimal servicing.
In recent years the debate on electric scooters vs. traditional bikes has intensified as more and more people are exploring cost-effective and eco-friendly commuting options in India. With the rise in petrol prices and increased awareness of environmental sustainability, electric scooters emerge as a great option for regular commuters. On the other hand, high upfront costs and lack of charging infrastructure may make many buyers hesitant to purchase electric scooters.
But the big question remains: which one is truly more cost-effective in India? If you’re wondering which option can help you save money in the long run, let’s break down the costs and see which one comes out on top.
Upfront Costs
The initial cost is the first thing any consumer considers when purchasing a vehicle. Depending on the brand, model and engine capacity, a petrol bike in India can cost anywhere from Rs. 60,000 to Rs. 1,50,000. On the other hand, the price of top electric scooters in India comes in the same range. But when you consider the subsidies and incentives that come with the purchase of electric scooters, the initial cost comes to be lower.
To further sweeten the deal, electric scooter manufacturers like Lectrix offer battery subscription services that reduce the upfront cost by 30-40%. For instance, you can buy one of their premium e-scooters LXS 2.0 at just Rs. 49,999 with a battery subscription model. Furthermore, the GST on electric vehicles is only 5% compared to 28% for ICE vehicles, making electric scooters more affordable than traditional bikes.
Running Costs: Fuel vs. Electricity
When it comes to daily commuting, the cost of fuel is one of the most significant and recurring expenses. Traditional bikes run on petrol with fuel prices fluctuating between Rs. 100-110 per litre and offer a mileage of 40-60 km per litre. Ultimately, the cost of running a bike can quickly add up.
In contrast, electric scooters run on electricity with much lower running costs. For instance, a Lectrix electric scooter can cover around 100 km on a full charge and the cost of electricity for a full charge is around Rs. 20. When compared to the petrol expenses of a traditional bike, an electric scooter can save you up to 90% on fuel costs over time.
Maintenance
Another key factor is maintenance. Traditional bikes come with internal combustion engines (ICE), which need regular servicing, oil changes and occasional repairs. These costs can add up over time, especially with engine wear and tear. On average, maintaining a petrol bike can cost around Rs. 3000-5000 monthly, depending on the usage.
Electric scooters, on the other hand, have fewer moving parts, don’t require oil changes and their battery and motor require minimal servicing. Plus, with the Lectrix battery subscription model, you can avail free battery repairs and replacement. So, you don’t have to worry about any unexpected or overhead expenses.
Long-Term Savings
Depreciation is another factor vehicle owners must consider. Traditional bikes tend to lose their value faster, especially with the increasing demand for electric mobility. A petrol bike can depreciate by 50-60% after five years, depending on its condition and brand. In contrast, electric scooters tend to hold their value due to increasing demand. As the government keeps pushing for electric vehicles, the resale value of the best electric scooters in India is likely to increase or remain stable in the near future.
Convenience: Charging vs. Refueling
While petrol bikes can be refuelled quickly at any petrol pump, electric scooters need to be charged. Charging an electric scooter can take up to 4 hours. But an upcoming electric scooter in India is likely to come with faster charging options. Plus, with the rise of home charging options and growing public charging infrastructure across the country, the inconvenience of waiting for a charge is less and less of a barrier. Moreover, with electric scooters, you don’t have to make frequent trips to the petrol station or wait in queues.
Final Thoughts
In conclusion, electric scooters outperform traditional bikes in terms of overall cost-effectiveness. From lower running and maintenance costs to better long-term savings, electric scooters are not only the more economical option but also the smarter one for India’s future. As EV infrastructure continues to expand and innovative models like Lectrix battery subscription become more popular, the decision between electric scooters and traditional bikes will only tilt further in favour of electric scooters.
So, if you’re wondering which vehicle to invest in for your daily commute, the answer is clear: electric scooters are the way forward. To make your electric commute dreams come true, you can reach out to Lectix EV at +91 81300 10331. From a range of feature-packed electric scooters to attractive battery subscription plans, they can help you take the first step to a smart, safe and sustainable commute.
subscribe to Asianet Newsable WhatsApp channel by clicking here.