The electric two-wheeler market is going up day by day in India. People are adopting electric vehicles like cars, bikes, scooters, and more.
But they don’t know How to calculate the charging cost of your electric scooter?. Sometimes when we go to buy a scooter, there we have two options, one is ICE engine vehicles and electric vehicles.
Then, you may be confused, about which one you should buy to save money in the future and also reduce monthly costs.
Before buying an electric scooter or bike, you should know “How much does an electric scooter cost to charge?” or “How much does 1 km cost in an electric scooter?”
The electric two market is growing in India. More than 62 percent market share is captured by electric two-wheelers. Every month more than 1 lakh electric scooters are sold in India.
Today, I Will discuss the charging cost of an electric scooter.
Factors Affecting electric bike or scooter charging cost
Several factors affect the electric scooter or electric bike charging cost. To maintain an eco-friendly electric scooter or bike, you should know about some key elements.
- Battery Size and Capacity
Charging cost depends on your electric scooter battery size and capacity that is measured in Kilowatt hour (kWh). If your scooter or bike is equipped with a larger battery pack then it will have more electricity and the cost also increase. And a smaller battery pack takes low electricity then the cost is decreased.
- Charging Efficiency
The charging efficiency helps how effectively electricity is transformed and stored in the battery. High-charging efficiency batteries always reduce your losses, and save you time and money also. Before buying an electric scooter, you should know about the charging efficiency.
- Cost of Electricity in your location
Electric scooter charge cost depends on the cost of electricity in your location. A higher electricity rate will naturally have more expenses when you charge your electric scooter or bike. So, you should know the electricity cost of your area to understand the charging cost.
- Battery Voltage and Chemistry
Battery voltage and chemistry are an integral part of the charging equation. Different brands use different types of batteries on electric scooters like lithium-ion. Lithium-ion batteries are very popular in scooters because of their efficiency in charging and discharging. Fast charging efficiency reduces electricity, charging times, and long-lasting battery life. As a result, it reduces your charging cost.
Again, a higher charging capacity battery reduces the charging time and also reduces the charging cost.
- State of Charge
The state of Charge (SoC) refers to the current battery energy level. The cost of charging an electric scooter or bike with a drained battery can be higher. Any battery that is charged from a low SoC to a full battery health can be damaged. Charging a battery at a moderate level to maintain charging efficiency and minimize costs is always recommended.
Hi friends, if you read all the points about Battery Size and Capacity, Charging Efficiency, Cost of Electricity on your location, Battery voltage, and Chemistry, and State of Charge then you can understand and minimize the charging cost.
How to calculate the cost of electric scooter or bike charging?
- Battery Capacity: Find the battery capacity of a scooter in Kilowatt hour (kWh). Suppose, Yamaha Neo has a 2.5 kWh battery.
- Electricity Rate:- Know your area electricity rate. Suppose, the electricity rate is Rs 3 to 8 per kWh.
- Cost of Calculation: Charging cost battery capacity (kWh) ×Electricity Rate( ₹/kWh).
For example, your electric scooter battery capacity is 6 kwh and your area electricity rate is Rs 7 per kwh. If the charging efficiency is 90%. Then the total charging cost of your electric scooter is
Cost = 6 Kwh * Rs 7/Kwh/0.90= Rs 46.66
So, friends, the charging cost of your electric scooter or bike is Rs 42.66, considering the battery capacity and your local electricity bill and charging efficiency. It will help to calculate your charging cost and budget.
Tips for Saving Money on Electric Bike Charging Costs
Today I will discuss some effective tips and proven strategies that will help you to save money while enjoying your electric ride.
- Optimize Charging Efficiency:
Always try to buy a high-efficiency charger for your electric or scooter bike. It will minimize the energy losses, saving time and money in the figure.
- Charge during Off-Peak Hours:
Charge your electric bike during off-peak hours. That means if your state allows a specific time that time if you use electricity then the electricity rate is lower.
- Use Regenerative Braking:
Before buying a scooter or bike you should read the specification of a regenerative braking system that makes a kinetic energy to charge your scooter or bike. It will save you money and time also.
- Keep Your Battery Healthy:
You should know the manufacturing guidelines on how to maintain your scooter battery. A well-maintained battery can regain its capacity and charging efficiency.
- Plan Your Routes:
When you plan your journey, you should avoid uneven roads or long distances. It will minimize your charging costs.
- Home Charging vs. Public Stations:
You should evaluate the difference between home charging vs public stations. But public stations offer you faster charging speed and demand more cost per Kwh. Also, it will reduce the battery health.
On the other hand, a home charger is more convenient and easy to carry anywhere like an office, or shop. It will cost as per the electricity rate of your local area. Also, its marketing cost is cheap.
Q1: Is it cheaper to charge at home or use public charging stations for electric bikes?
Home chargers are low-cost and more convenient to charge. You can carry it everywhere like in the office, or shop. The charging cost depends on your electricity rate. But the public charging station offers fast chargers that may help when you go on a long journey.
Q2: Can I charge an electric bike or scooter with a solar-powered setup?
If you have solar set up. Then you can charge your scooter or bike at your home. So, it will;l reduce your cost, and solar power is more environmentally friendly.