2024 Genty Akylone EVTrue Cost of Ownership in India
1,000 hp all-electric. Full cost breakdown including import duty (100%), VAT (28%), insurance, fuel at ₹1.05/L, maintenance, and depreciation.
Purchase Price
$5.1M
Base: $2.0M
Annual Total
$562K
Insurance + fuel + maintenance
Import Duty
$2.0M
100% of base price
VAT
$1.1M
28% applied
Annual Insurance
$350
Avg for this country
5-Year Total
$7.9M
Purchase + 5yr running costs
2024 Genty Akylone EV — Full Cost Breakdown in India
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $2.0M |
| Import Duty (100%) | $2.0M |
| VAT / Sales Tax (28%) | $1.1M |
| Total Purchase Price | $5.1M |
| Annual Insurance | $350 |
| Annual Fuel Cost | $0 |
| Annual Maintenance | $300 |
| Annual Depreciation | $560K |
| Registration & Road Tax | $900 |
| Total Annual Running Cost | $562K |
| 5-Year Total Cost of Ownership | $7.9M |
| Cost Per Kilometer | $37.437 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Genty Akylone EV Fuel Cost Calculator — India
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
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⚡ Electric Vehicle
The Genty Akylone EV runs on electricity. No fuel costs apply. Charging costs vary by electricity tariff in India.
$0 Fuel Cost
Electric vehicle — no gasoline required
Genty Akylone EV Depreciation Curve
The Genty Akylone EV loses approximately $1.1M (57%) of its value over 5 years.
Year-by-Year Value
| New | $2.0M | 100% |
| Year 1 | $1.4M | 72% |
| Year 2 | $1.2M | 62% |
| Year 3 | $1.1M | 54% |
| Year 4 | $960K | 48% |
| Year 5 | $860K | 43% |
Depreciation based on electric segment averages.
Genty Akylone EV vs. Competitors in India
How does the Genty Akylone EV compare to similar cars available in India?
Genty
Akylone EV
Base Price
$2.0M
Annual Cost in India
$562K
Tesla
Model 3
Base Price
$42K
Annual Cost in India
$5K
Hyundai
IONIQ 6
Base Price
$39K
Annual Cost in India
$5K
BMW
i4
Base Price
$56K
Annual Cost in India
$8K
Annual costs estimated for India market. Import duty (100%) and VAT (28%) applied to all models.
🇮🇳 Owning a Car in India
Cheapest country to own a car overall.
Very Expensive for India
Annual car costs = 25525% of average India income ($2K/yr)
Average Annual Income
$2K
In India
Fuel Price
₹1.05/L
Gasoline dominant
Avg Car Insurance
$350
Per year
Import Duty
100%
On vehicle value
VAT / Sales Tax
28%
Applied at purchase
Driving Side
Left-hand
Asia
Popular Car Brands in India
Genty Akylone EV in India — Frequently Asked Questions
Common questions about owning a Genty Akylone EV in India.
The 2024 Genty Akylone EV has a base price of $2,000,000 USD. In India, after 100% import duty and 28% VAT, the total purchase price is approximately $5,120,000 USD (₹5,120,000 INR).