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Let's compare to see the costs of using electric and gasoline motorbikes, which is more economical?

David Lang
Founder & CEO, Viettonkin; FDI and Fortune 500 Consultant
Trường (David) Lăng, Founder & CEO of Viettonkin, is a distinguished FDI advisor and Fortune 500 consultant, spearheading thousands of successful investment projects to connect ASEAN economies with the world.
Trường (David) Lăng, Founder & CEO of Viettonkin, is a distinguished FDI advisor and Fortune 500 consultant, spearheading thousands of successful investment projects to connect ASEAN economies with the world.
anh sac dien cho pin o muc can doi anh minh hoa

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.

co nen bao duong xe may o hang
The car maintenance cost table is listed at a car shop.

Source : afamily

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About the Author
David Lang
Founder & CEO, Viettonkin; FDI and Fortune 500 Consultant
Trường (David) Lăng, as Founder and CEO of Viettonkin, dedicates his extensive expertise to fostering robust trade and investment bridges between Southeast Asia and global partners. With over 17 years of experience, he has successfully guided over 3,000 FDI projects and advised Fortune Global 500 corporations on complex market entry and expansion strategies. His impactful work includes providing technical assistance to governments, developing innovative initiatives like Viettonkin's 'FDI Desks,' and maintaining strategic relationships with central authorities and NGOs. David's thought leadership in economic development and policy advocacy empowers businesses worldwide to confidently navigate and thrive in emerging markets.

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Vietnam is emerging as a prime destination for foreign direct investment (FDI), driven by rapid economic growth, favorable government policies, and an investor-friendly business environment. This eBook provides a deep dive into Vietnam’s economic landscape, highlighting key industries such as manufacturing, real estate, and digital banking that attract FDI. It also explores the government’s proactive measures to streamline investment procedures, improve infrastructure, and offer tax incentives for foreign enterprises. Additionally, it covers crucial insights into market entry strategies, regulatory requirements, and socio-cultural factors that influence business success in Vietnam.


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