Business How Much Mileage We Get From Electric Bike Compared To Petrol Bike Uneeb KhanOctober 20, 20220115 views bike loan EVs have a bright future in India. But before buying one, there are some things to think about. Since most people use conventional vehicles where petrol is the major factor and prices for it are also increasing day by day. Ebikes are a good option for short daily commutes but make little sense for long-distance rides with a limited number of charging stations across the country. However, petrol stations are present across India thus the range of a conventional bike isn’t limited. Most Fuel-efficient electric bikes in Chennai or e-bikes as they are sometimes referred to are slowly becoming more popular in the world. People are finding that there are many benefits of owning an e-bike, including cost savings, less pollution and fewer health issues. When compared to traditional gas powered bikes, electric bikes offer 20 times more range for the same energy which makes them a very appealing option for many people. Assuming a petrol bike that gives you 50km/L and that petrol costs Rs.75 per liter, you’re paying Rs.1.50 per km. A wind powered e-bike would be around Rs.0.75/km (assuming 200W motor.) Your e-bike batteries have a one-year warranty. If they do not last an entire year, the company will replace them free of charge within that time period. If you are paying upfront, at 10% interest per annum, after one year you will have lost Rs 1200. You have been paid Rs 13200 for these batteries. Do your calculations based on your use, but do take into consideration all the factors involved. It might also be worth considering that you’re way before the reckoning at the outset because each one of the mileage that you get out of your first set of batteries will be transported for free of charge. For further considerations and adjustments, You will need to add a little to the above number to make up for what you are paying for the electricity. However, You will need to add a little to the above number in case you do not run this distance during the first year. This is because you want to include the interest on the value of your batteries for the extra months of the second year that it takes you to run the required distance. You need to adjust the above calculations for the actual mileage that your present petrol bike gives, and for the actual sum that you are paying for your petrol, with or without the added oil. If you run your e-bike for longer than you would like to interrupt, every extra kilometer that you run is like transport nearly for free (because the electricity costs are negligible). But if the cost of your e-bike is not much different from the cost of the petrol bike that you planned to buy, then you do not need to break even for its initial batteries. The distance you will run on these batteries is like transport for free because their energy costs are negligible. Lead-acid batteries are claimed to have a life of about 300 cycles if your e-bike is stated to possess a range of 40 km per cycle, you’ll expect only about 25-30 km per cycle in city traffic. Thus, if you don’t lose your battery early thanks to overcharging and if your battery runs a traditional life, you can expect to run 7000 km from it. Divide the value of the battery by 7500 and this will give you an idea approximately how much it costs per kilometre. Use this logic to calculate your expected costs based on the stated range of the bike you propose to buy, real life range (60-70% of stated range), value of batteries and therefore interest lost due to upfront cost at purchase of batteries.Getting a bike loan is a big deal and can be a lot of fun. There are numerous factors to consider when apply for bike loan. The most significant consideration is financial affordability, which means that the borrower must be able to repay the loan without a problem.