The cost of using electric cars is more stable and economical than gasoline cars.

Consumers are "crying" because gasoline prices increase a lot and decrease little.

"The monthly cost of gasoline has increased by more than 30%, I have to pay nearly 1.5 million VND per week. The total cost of raising a car is as expensive as raising a child," Mr. Tran Minh ( Hanoi ) sighed.

Mr. Minh's concern is also shared by many users of traditional gasoline and diesel vehicles as the "black gold" price has increased by nearly 30% since July. Since the beginning of the year, domestic fuel prices have been adjusted 28 times, of which 16 times increased, only 8 times decreased and 4 times the price remained unchanged.

The price increase could even last longer as observers believe that world oil prices could surpass the $100/barrel threshold before the new year 2024 - the highest level in more than a year. "The Chinese economy is showing signs of improvement and if this country returns to growth, oil prices will continue to increase," said Nguyen Quoc Thinh, an investment expert.

In contrast to concerns about gasoline and oil prices, many electric car users in Vietnam seem quite comfortable. In the most recent adjustment a few months ago, the average retail price of electricity increased by only 3%, which is only 1/10 of the increase in gasoline prices. "My charging cost is quite stable, about 1.5 million VND per month, equivalent to a week's gas price for many people," said Nguyen Chi Hieu, an electric car user in Hanoi.

The cost of using an electric car is more stable and economical than a gasoline car. Image 1 — The cost of charging the VF 8 car is only about 1.5 million VND/month.

Not only fuel costs, many car owners believe that maintenance costs for electric cars are also much more economical than gasoline cars. On average, every 5,000 km, gasoline car owners have to spend about 2 million VND on maintenance. Meanwhile, the periodic maintenance time of electric cars is much longer, meaning the frequency of payment is lower. For example, the VinFast VF 8 has its first maintenance at 12,000 km - a distance 2.5 times longer than that of gasoline cars.

In particular, with its unique design and structure, the maintenance cost of electric vehicles is also much more economical than gasoline vehicles. "The last time I serviced my VF 8, it only cost me 800,000 VND. Even in the context of low gasoline prices in July, my car maintenance cost is still much lower than that of my friends who drive gasoline vehicles," said Nguyen Thanh Vinh, one of the pioneer customers who owns a VF 8.

Cost optimization thanks to electric vehicles

For many customers, when calculating to buy a car for the first time, they often only pay attention to the listed price and forget that to be able to roll the car on the road, they also have to pay additional taxes and fees. This amount can be up to hundreds of millions of dong.

“Buying a car for the first time, due to lack of experience, I almost completely trusted the advice of the sales staff. However, when I decided to buy the car, I was shocked to find out that I had to pay an additional hundred million VND for this Toyota Yaris Cross,” Ms. Nguyen Thi Thanh Hoa shared about the tax and fee for the car, which was equal to her family’s annual rent.

In the current context, buying an electric car helps consumers save a large amount of money on rolling costs. Thanks to the Government's policy of exempting registration fees, electric car owners only have to pay a maximum of about 20 million VND more on the listed price (license plate registration fee).

"More than 100 million VND in registration fee is enough for me to charge my electric car for 6 years, because I only spend more than 1 million VND per month to charge the car," Mr. Nguyen Thanh Vinh affirmed.

The cost of using an electric car is more stable and economical than a gasoline car, picture 2. — Electric car users save a lot on energy costs.

In addition to saving costs, according to Mr. Vinh, what makes him satisfied is that his electric car is not only full of modern technology but also smarter over time. "When you buy a gasoline car, you don't get any new features throughout the life of the car. The car just gets old and outdated over time, so many people often have to spend more money to replace components or add toys to make the car more interesting. Meanwhile, electric cars are integrated with genuine technology, and new features are added after each software update. Especially, the more you use it, the more stable and interesting the electric car becomes over time," Mr. Vinh "showed off" his electric car after updating the software.

With optimal rolling costs and usage costs along with smart, safe experiences, it is understandable why electric vehicles are increasingly considered the number 1 choice by many users.

Source