CNG vs Electric Cars: If you are planning to buy a new car that has a low running cost and is environmentally friendly, this article is for you. Currently, there are two mainstream options available to cater for your demand which include electric cars and CNG cars. But people usually feel confused when they need to choose any one among these because of the specific pros and cons of each of these powertrains. We understand Choosing between CNG and electric cars involves more than just “eco-friendliness. Here, we have compared their impact on your pocket in 5 key step
Upfront Costs
CNG cars usually cost less than electric vehicles which makes them making them easier to buy in terms of initial investment. However, government incentives and rebates for electric cars can narrow the gap in some cities.
Fueling Costs
CNG is significantly cheaper than petrol which leads to lower running costs per kilometre. On the other hand, electric cars require no fuel purchases which solely depend on electricity rates, which vary across regions.
Maintenance
CNG cars offer comparable maintenance costs to conventional vehicles. Electric cars generally have lower maintenance needs as they come equipped with relatively fewer moving parts though battery replacements can be expensive in the long run. However, an electric car usually requires a battery replacement after 2 to 3 years of purchase.
Infrastructure
CNG stations are more widespread than electric ones but they are growing rapidly. Electric vehicles face limited charging infrastructure in many areas which impacts convenience and potentially requires home charger installation.
Long-Term Value
Electric cars hold a great resale value because they come equipped with advanced technologies and they also have a great demand in the market. CNG cars might depreciate faster which depends on market demand in your area.
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