splendor vs EV(Electric Vehicle) Comparision
ownership Cost Analysis
Change Data like petrol prices etc by clicking on Edit Data button.These are approximate values and may change with time.
Hero Splendor Vs Revolt RV400
Hero splendor
On Road Cost : Rs 75,000
Price of Petrol: Rs 100
Average/Mileage in Km/pl: 60
Cost/Km: Rs 1.67
revolt rv400
On Road Cost : Rs 110,000
Range (Distance travelled with full charge):80 Km
Price of 1 Unit (KwH) : Rs 10
Cost/Km: Rs 0.38
Units required for full battery charge: 3 Units
Cost of ownership
Hero splendor
revolt rv400
Initial Price Difference : Rs 35,000
Break Even: 27,131.78km
(Kms to recover extra investment on electric motorcycle)
Minimum Kms/day: 18.58
(Calculated for 4 year period)
Hero Splendor is largest selling petrol motorcycle in India.It sells 2 million units yearly in India.
For any Electric Motorcycle to be successful ,it must compete and make economic sense against Hero Splendor.
RV400 is more expensive but makes complete economic sense in the long run.
Light Use
After 4 years
20 km/day
Total Kms: 29,200.00 kms
Petrol Cost for Splendor:Rs 48,764
Electricity Cost for RV400:Rs11,096
Savings:
Rs 2,668
Moderate Use
After 4 years
25 km/day
Total Kms: 36,500.00 kms
Petrol Cost for Splendor:Rs 60,955
Electricity Cost for RV400:Rs 13,870
Savings:
Rs 12085
Heavy Use
After 4 years
35 km/day
Total Kms:51,100.00 kms
Petrol Cost for Splendor:Rs 85337
Electricity Cost for RV400:Rs 19,418