What is the EV break-even point?

It is the point at which cumulative fuel and running-cost savings equal the extra amount you paid for an EV over a comparable petrol vehicle.

How is EV break-even calculated?

Break-even (months) = EV price premium ÷ monthly fuel saving. For example, a ₹55,000 premium with ₹1,250 monthly savings breaks even in about 44 months.

How long does it take for an EV to pay for itself in India?

It depends on daily distance, petrol price, electricity tariff and price premium. Typically it ranges from about 2 to 5 years, and is faster for high-mileage users.

Does the calculator include subsidies and insurance?

Subtract any subsidy or incentive from the EV price before entering the premium. Insurance and maintenance differences can be added to the monthly saving for a more accurate result.

⚡ EV Payback Calculator

When does an electric car break even versus petrol or diesel in India?

Compare purchase price, loan EMIs, electricity, fuel, maintenance, insurance, incentives and resale. See monthly savings, break-even month and kilometres, five-year savings, and what happens if fuel or electricity prices move.

Monthly savings

—

Energy + maintenance + insurance vs ICE

Break-even month

—

cash-flow crossover

Break-even kilometres

—

from today at your monthly km

Five-year savings

—

TCO including remaining loan & resale

⚡ India 2026 scenario presets

📋 Purchase, loan & running costs

🔋 Electric vehicle

EV purchase price (₹ on-road)

Incentives / subsidy (₹) FAME-style, state subsidy, dealer cashback

Home charger (₹ one-time)

Efficiency (kWh / 100 km)

Maintenance (₹ / year)

Insurance (₹ / year)

Resale value (% of net price at year 5)

⛽ Petrol / diesel vehicle

ICE purchase price (₹ on-road)

ICE incentives (₹)

Fuel type

Efficiency (km / litre)

Maintenance (₹ / year)

Insurance (₹ / year)

Resale value (% of net price at year 5)

💳 Down payment & loan

Finance both vehicles

On loan

Down payment (%)

Interest rate (% p.a.)

Loan tenure (months)

🔌 Energy & distance

Monthly distance (km)

Fuel price (₹ / litre)

Home electricity (₹ / kWh)

Public charging (₹ / kWh)

Share of km charged at home (%)

Public 85% Home

Include year-5 resale value in five-year savings

📊 Results

EV EMI

—

ICE EMI

—

EV energy / km

—

Fuel / km

—

Monthly cash	EV	Petrol / diesel

ICE

—

🌡️ Sensitivity — fuel & electricity prices

Five-year savings if today’s prices shift and stay there. Green = EV still ahead.

If fuel price changes

Fuel shock	Monthly savings	Break-even	5-year savings

If electricity price changes

Electricity shock	Monthly savings	Break-even	5-year savings