Autocar India
1d

Hello, I am interested in buying an SUV EV and am leaning towards the Tata Harrier EV top-spec Empowered 75 ACFC. My main running is a mix of highway and city driving, but I am confused about the calculation, as everyone is saying EVs don't have any resale value. My question is: why are people buying EVs, and what is the maths? I am not able to understand it. I am going to use the EV for the next six years with an extended warranty. I hope in six years I will be able to get value from a Rs 30 lakh EV.

Verified
4m
The Tata Harrier EV Empowered 75 ACFC is a strong product, but your question is the right one: what is the maths behind buying an EV, and does it make sense over six years?
The simple answer is that electric cars make the most sense when you have predictable running, a mix of city and highway use, and a clear ownership horizon. Over six years, the biggest advantage is the running cost. Electricity is significantly cheaper than petrol or diesel, especially when you charge at home, and maintenance costs are lower because there are fewer moving parts and no engine oil changes. With an extended warranty, you are also protected against the biggest unknown, which is battery health.
The resale value question is more difficult to answer.  EVs do depreciate much faster than  ICE cars today, largely because the technology is evolving quickly and buyers are still learning how to value a used EV. But that does not mean they have no resale value. The key is to look at total cost of ownership. If you save Rs 1.5-2 lakh a year on fuel and maintenance over six years, that is Rs 9-12 lakh saved. Even if the resale value is lower than a comparable diesel SUV, the running cost savings can more than offset that.
The Tata Harrier EV itself is a good fit for your usage. It is a large, comfortable SUV with a strong feature set, and the 75 kWh battery gives it enough range for highway use without range anxiety. The ACFC (Active Cooling Fast Charging) system also helps with battery longevity and faster charging on long trips.
The reason people are buying EVs is not just resale value. It is the combination of lower running costs, a smoother and quieter driving experience, and the convenience of home charging. Over six years, you will absolutely be able to squeeze value out of a Rs 30 lakh EV if you are doing a mix of city and highway driving and keeping the car for the full ownership period.
The maths works when you look at the whole picture, not just the resale value. If you are comfortable with the technology and have a clear six-year plan, the Tata electric car mentioned above is a sensible choice.
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Posted on: 18 Aug 2026