Vietnam has rapidly become one of ASEAN’s most attractive host countries for Foreign Direct Investment (FDI), but the era of measuring success by volume of investment alone is coming to an end. The real challenge for the country is improving the quality of foreign direct investment to foster sustainable, long-term growth. The goal of attracting […]
Electric motorbikes are becoming more and more popular in the market.
However, to clarify whether to choose an electric motorbike or a traditional gasoline motorbike, let's make a comparison of the cost of use to know which is more economical.
Whether it is an electric motorbike or a gasoline motorbik
they all have some of the most basic costs such as fuel costs, monthly maintenance fees. Clearly identifying information about these expenses will tell you which vehicle is more economical to use.
Whether it is an electric motorbike or a gasoline motorbik
1. Fuel cost for 1 month
Whether it is an electric motorbike or a gasoline motorbik
To know which is more economical, the fuel cost of electric motorbikes or gasoline motorbikes, let's solve the following small math problems.
Whether it is an electric motorbike or a gasoline motorbik
Example: An office worker's travelling for work and go-out is 10km/day, 300km per month.
Gasoline motorbikes
Gasoline motorbikes with 120cc engines consume 2.5 liters of gasoline per 100km. The current petrol price is VND 26,830/liter (price of RON 95 petrol).
Travelling 1km will cost about 670 VND for petrol. The daily cost is 13,415 VND, the monthly cost is 402,000VND
Electric motorbike
Using an electric motorbike for traveling 80km with a 22Ah battery consumes 3 kW. One domestic kW is about 3,000 VND. As a result, 1km travelling costs 100 VND. Oneday travelling of 10km costs 2,000VND, one month travelling costs 60,000VND.
From these figures, we can easily see that the fuel cost of gasoline motorbikes is up to 6.7 times higher than that of electric motorbikes. That means electric cars is more economical at a much more optimal cost.
2. Maintenance costs for 1 month
In addition to fuel costs, maintenance costs are also an aspect that you need to consider when using a car.
Gasoline motorbikes
- Depending on the time of use, the condition of the vehicle, the maintenance cost for gasoline motorbikes will be different. On average, the maintenance cost of gasoline motorbikes ranges from 20,000 – 150,000/time, depending on the fault.
- In addition, with gasoline motorbikes, you will have to change the oil once every 1-2 months. The cost is at least 100,000/time.
- In addition, the internal combustion engine of a gasoline motorbike has a much more complex structure than that of an electric engine, so the maintenance cost for the engine of a gasoline motorbike is also much more expensive if the motorbike is degraded.
Electric motorbikes
- If you rent a battery, the cost will be from 149,000 VND/month.
- If you buy a battery, you will have to replace it when the car battery is damaged. New battery purchase price: 12-15 million VND. Lifespan is 10 years. As a result, the monthly cost is 125,000 VND
Thus, if only comparing the two types of fuel costs and maintenance costs alone, using electric motorbikes is more advantageous than motorbikes. Not to mention, the price of gasoline is on an upward trend, when only 2 months in the beginning of 2022, the price has increased by 5 times, making many people have the intention of switching to electric motorbikes to reduce costs.
Source : afamily
