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Rising fuel prices forced me to book a Tata Nexon EV

Apart from the Tata Nexon EV, there are not many other affordable electric cars on sale in India.

BHPian mh09ad5578 recently shared this with other enthusiasts.

I drive a diesel Hyundai Creta 1.4L, it gives excellent average most times between 18-20 km/l and even more. But my monthly 4000 km running is making my eyes water, going this week to a Tata showroom in Bangalore to book a Nexon EV. I had no plans or budget to buy this. I had planned the next car for 2025, but can't take the rising fuel prices anymore. My fuel bills are up 30%, while earnings have decreased post-covid. I don't see the situation improving. I dream and fantasize about the 'bure din' now.

PS: Be prepared for the next 30-50% rise in commodities prices that are coming with high diesel costs. I think the government is doing a criminal mistake by pushing up diesel prices. This is going to spike inflation and everything else and cause the economy to go into a tailspin.

Here's what BHPian Cyborg had to say on the matter:

I feel the increase in petrol and diesel prices is being done with a view to promote electric vehicles. There are other factors too but coupled with the rise in fuel prices they are also giving heavy subsidies to electric vehicles. There must be many like you who want to go the electric way to save running costs, which suits the plan and is filling up government coffers with the high rate of taxes. I doubt electric vehicle sales would increase as they are if fuel prices weren’t being jacked up like they are.

I am sure you must have thought about it, still putting it across. Have you factored the cost of buying a Nexon EV plus running costs (however low they may be) to how much fuel you could buy with that same amount if you invest it in safe instruments on interest (principal plus interest amount)?

Here's what BHPian white_wolf had to say on the matter:

If that is the case, then where are the vehicle to buy? Maruti who has a 50% market share has a timeline of 2025 to bring EVs. Apart from Nexon, there is no other EV in a relatively affordable range. No option in the affordable range at all. Even among two-wheelers, we have only a handful of options from major OEMs. The market does not see this shift happening in a revolutionary way in the next 3-4 years no matter what the marketing campaigns of some startups would want you to believe.

Here's what BHPian riturajsharma19 had to say on the matter:

Are EVs the answer though? As someone residing in a Tier-3 city, we have to deal with frequent power cuts or 'load-shedding' as it is commonly referred to, throughout the course of the day. What if the car needs an overnight charge for the trip the next day and there is an extended power cut for the entirety of the night?

Check out BHPian comments for more insights and information.

 
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