TryEVROI
The Tata Nexon EV carries an on-road price of roughly ₹14,99,000 in Mumbai, against a comparable petrol car at around ₹10,50,000. 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
Beyond 5 years
5-year savings
₹35,304
Electricity and fuel prices vary meaningfully by state and city in India, which means the same Tata Nexon EV can have a noticeably different break-even point depending on where you live and charge. Mumbai's current rates put the Tata Nexon EV's effective running cost at roughly ₹62,726 per year, compared to an estimated ₹1,41,227 per year for the petrol equivalent.