The difference between hybrid and electric vehicles lies in their power source. While electric cars use only batteries and electric motors for operation, hybrid cars have electric motors and internal combustion engines for power. Both electric cars and hybrid cars minimally impact the environment, there are differences between their driving ranges, maintenance costs, charging systems, etc.
Are you confused between buying hybrid versus electric cars? Spend some time reading the following points to gain a clearer perspective.
The major difference between hybrid vs electric cars is that a hybrid car has two power sources: a petrol engine and an electric motor. Both work together to run the vehicle. However, it burns less petrol, produces fewer emissions, and provides more fuel efficiency. Key components of a hybrid car include an internal combustion engine, an electric traction motor, an electric generator, and a traction battery pack.
Car manufacturers utilise various hybrid designs to keep prices affordable or maximise fuel efficiency. Let's look at the different types of hybrid cars available in the market:
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An electric car is completely powered by electricity. It contains one or more battery-powered electric motors for propelling. A rechargeable battery pack provides energy for operation, which you must charge at a charging station. Since it does not use any kind of combustion fuel, it is completely sustainable and emission-free. Since it does not waste any energy, it is more efficient than an internal combustion engine.
There are four types of electric cars. Here’s a breakdown of each type:
Below, we will highlight electric vs hybrid vehicles and their key differences:
Parameter | Electric Cars | Hybrid Cars |
Definition | Contains one or more electric motors to propel the car | Uses a combination of an electric motor and ICE to power the vehicle |
Power Source | Electricity stored in the battery | Both electricity and fuels like diesel and petrol |
Charging Method | Plug into an electric charging station | Charge from an alternator that the ICE drives |
Need of Fuel | Do not require fuel like diesel or petrol | Require diesel or petrol to operate the ICE |
Drivetrain | Simple | Highly complex |
Emissions | No emissions | Emit pollutants, like chemicals, particulates, and CO2 |
Maintenance | Less maintenance needs | Require regular maintenance like traditional vehicles |
Cost | Higher | Comparatively lower |
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- If you drive mostly in the city and have easy access to charging at home or work, an electric car is more cost-effective and eco-friendly.
- If you often take long trips or lack charging infrastructure, a hybrid car offers flexibility and eliminates range anxiety.
- Always check state-level subsidies and incentives, as many Indian states offer tax benefits or rebates for electric or hybrid car buyers.
Now that you understand hybrid cars vs electric cars, let’s look at the pros and cons of each:
Electric Car | Hybrid Car |
Pros:
| Pros:
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Cons:
| Cons:
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Let us look at a quick comparison of both types of cars.
Feature | Hybrid Car | Electric Car |
Emissions | Low, but not zero | Zero |
Range | High (petrol/diesel backup) | Moderate (battery only) |
Charging | Not required (except PHEV) | Required |
Maintenance | Moderate | Low |
Best For | Long trips, flexibility | City driving, eco-friendly |
Incentives | Sometimes | Often |
Here are some tips that can help you make an informed decision.
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Since people in urban areas prefer to upgrade their cars every few years, the market for pre-owned vehicles is growing by the day. Those who prefer to buy a used car have a lot of affordable options to choose from. The best part is that leading loan providers nowadays offer Used Car Loans to finance the purchase.
Once you decide between an electric car and hybrid car, you can finance your purchase with a Used Car Loan. At Hero FinCorp, you can apply for a Used Car Loan of up to Rs 50 Lakh at attractive interest rates and flexible repayment tenures of 12 to 60 months.
If you are serious about sustainable transportation, compare hybrid versus electric cars and make an informed choice. Since electric cars solely use electricity for operation, they are safer for the environment and ensure smoother drives without compromising power.
Before making a decision, list your daily driving needs, check charging options near you, and calculate your total cost of ownership (including fuel/electricity, maintenance, and incentives). This will help you choose the right car for your lifestyle and budget.
If you want to purchase a second-hand electric or hybrid car, you can apply for a Used Car Loan online.
Electric cars are safer for the environment than hybrid cars because they do not use fossil fuels for propelling.
Since hybrid cars have both electric and internal combustion engines for propelling, they are better for long-distance driving.
Both have pros and cons. The final choice between electric vs hybrid vehicles depends on your power, efficiency, and budget needs.
Electric is better for the environment, while hybrids offer more power.
The cost per kilometre of a hybrid depends on the fuel type, electricity prices, and efficiency.
Hero Fincorp offers a wide range of financial products including Personal Loans for personal needs, Business Loans to support business growth, Used Car Loans for purchasing pre-owned vehicles, Two-Wheeler Loans for bike financing, and Loan Against Property for leveraging real estate assets. We provide tailored solutions with quick processing, minimal paperwork, and flexible repayment options for smooth and convenient borrowing experience.