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The MG Comet EV carries an on-road price of roughly ₹7,99,000 in Mumbai, against a comparable petrol car at around ₹6,00,000. Using Mumbai's residential electricity rate of ₹10.5/kWh and local fuel price of ₹104/litre, here's how the numbers work out for a typical daily commute of 40 km.
Break-even point
29 months
5-year savings
₹2,54,233
Electricity and fuel prices vary meaningfully by state and city in India, which means the same MG Comet EV can have a noticeably different break-even point depending on where you live and charge. Mumbai's current rates put the MG Comet EV's effective running cost at roughly ₹58,440 per year, compared to an estimated ₹1,41,227 per year for the petrol equivalent.