CNG or Electric Auto Rickshaw: Which Offers Better Savings?

Purchase Cost Comparison

The initial investment prices remain an important deciding element for most consumers. The prices for CNG auto rickshaws are generally lower compared to electric rickshaws. The initial investment for this option is less, which is an added advantage as it does not put a financial strain on the consumer. The major advantage for small vendors remains ease of loan approval and low down payments. The electric rickshaw, compared to the other options, is more expensive. Battery technology remains a major contributor to this difference in prices.

Running Daily Expenses

Cost of running helps determine the actual savings that can be achieved in the long run. The price of fuel for CNG auto rickshaws keeps fluctuating and depends upon the region and price, which may vary. Daily operating fuel costs are an ongoing problem for drivers who commute long distances. Electric auto rickshaws run on electricity, and the cost per kilometer, along with home charging, proves to be inexpensive.

Maintenance and Services Required

The maintenance patterns for the two choices vary significantly. For the CNG autos, one has to perform engine maintenance. The spark plugs, filters, and exhaust system require periodic maintenance. With the increasing age of the auto rickshaw, the cost for the above services steadily increases. Electric auto rickshaws possess fewer components. There is no engine oil, no gear box, and no clutch in an electric auto rickshaw.

Convenience for Charging/Refuelling

Refueling speed is an advantage of CNG. It takes only a few minutes to fill the fuel tank of a CNG vehicle. Electric auto rickshaws also require some time for charging. The time required depends on the type of charger. Home or depot charging is convenient. Public charging points are also increasing.

Battery and Long-Term Ownership Cost

Battery replacement is still an issue for electric vehicles. Batteries have an average lifespan of several years, and this is determined by usage and frequency of recharging. Battery replacement costs may affect savings associated with electric vehicles if carefully considered. There is no battery replacement issue for vehicles that have CNG. Higher wear and tear associated with frequent start/stop activity offsets this advantage.

Overall Savings Point of View

Electric auto rickshaws are likely to provide greater savings for those who have high daily mileage and easy access to the point of charging. CNG auto rickshaw is appropriate for those who want lower purchase price and faster fueling time.

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