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Showing posts from September, 2023

EV Premium Breakeven Timeline Model

As mentioned in the previous blogpost, here is the model for computing the EV premium breakeven timeline based on monthly commute pattern. Here is how to use it: IC: Input values for Car price, Gas price and approximate mileage of the car. It will compute the cost/KM. EV: Input values for Car price, electricity charging rate, range/charge and battery pack of the car. It will compute the cost/KM. It should be smaller than IC cost/KM for all practical reasons. Note, the battery charge is non-linear especially as the charing tends to reach 80-85% (depending on the car), so, one can use 80% of range/battery-pack values if they plan to use it that way. In any case, one can get a ballpark figure. The EV premium box should be set automatically (with value = EV cost - IC cost). Click on the chart button and it will show a timeline of breaking even cost of the extra premium you paid for the EV. The X axes is the average daily commute in KMs, and Y axes is the...

To Ev or Not To EV

EV industry is going through an inflection point in India, and the big question in most of the car owners is whether to get an EV or just wait and watch. The later option is a fair state as adopting an EV is a paradigm shift and one should do proper analysis before committing to it. Why I am writing this article? I’d own a Tesla for several years when I was in the Bay Area, and would like to share some of the insights I have learnt when driving an EV. This should help a reader in evaluating his/her needs and make an informed decision. Let’s dive in.  Personal experience.  I owned a Tesla car for several years when I was in the Bay Area. It drove like a butter. There is literally no comparison between driving an EV vs IC car when it comes to driving experience. It is smooth, no pollution (noise & air), zips from 0 to 60-70KM/hr speed in 2-3 sec, without any jerks. A truly out of the world experience. And the best part is zero gasoline! I commute to work, and ...