The price of petrol and diesel in India has been increasing for a long time. As world crude oil prices hit a three-year high, fuel costs across the country soared. Today the price of petrol was increased by 19 to 25 paise per liter, the price of diesel was increased by 24 to 27 paise per litre.
Electric scooters have become the preferred choice for people these days instead of fossil fuel two wheelers. These e-scooters are priced between Rs 95,000-1.3 lakh and in a price-sensitive market, they can be seen as a bit pricey for the consumers.
However, if you are buying it, you can save a lot of money in the long term. With fuel prices exceeding Rs 100 per litre, buying a less expensive electric vehicle makes even more sense to save some money.
With the recent availability of Ola Electric’s S1 and S1 Pro, Okinawa, Okaya electric scooters, Simple Energy and Ather Energy scooters in the market, consumers have a plethora of options to choose from. Ola Electric launched its first electric scooter on August 15 with the S1 and S1 Pro, priced at Rs 99,999 and Rs 1,29,999 respectively. Meanwhile, another company Okaya has launched Freedom Electric Vehicle at an initial price of Rs 69,000. Also, Simple One has been launched with an ex-showroom price of Rs 1,09,999.
If one thinks that buying an electric scooter is a costly affair, one should change the way they look at the market as the Ministry of Road Transport and Highways in August abolished the fee for issuance and renewal of EV registration certificate.
In addition, the government has also introduced tax benefits of up to Rs 1.5 lakh for first-time buyers taking a loan to buy an electric vehicle. Some states also provide incentives in addition to the benefits provided by the federal government. All these processes have resulted in a significant reduction in the end-user purchase price.
In the long run, an electric scooter is clearly more cost-effective than a fuel scooter.
However, due to the country’s current weak charging infrastructure, electric vehicles do not offer the same flexibility as petrol vehicles. Range is a problem, especially for electric four-wheelers, as it limits inter-city travel, but since two-wheelers are mostly used for commuting within the city, if you’re looking for charging If you plan ahead, this shouldn’t be too much of a problem. .
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