Mg M9 Running Cost 2026
Just ₹1.31/km · Save ₹6,828/month vs petrol · 548 km range · 90 kWh
EV Cost/km
₹1.31
vs ₹7 petrol
Monthly Savings
₹6,828
vs petrol
Yearly Savings
₹81,936
fuel savings
5-Year Savings
₹4.10 L
fuel alone
Complete Cost Breakdown
| Expense | EV/Month | EV/Year | Petrol/Mo | Petrol/Yr |
|---|---|---|---|---|
Fuel | ₹1,572 | ₹18,864 | ₹8,400 | ₹1,00,800 |
Maintenance | ₹4,660 | ₹55,920 | ₹10,194 | ₹1,22,325 |
Insurance | ₹20,388 | ₹2,44,650 | ₹16,310 | ₹1,95,720 |
Mg M9 Running Cost — Complete Monthly & Yearly Breakdown
The Mg M9 running cost is remarkably low compared to petrol cars. At just ₹1.31 per kilometer on home electricity (₹/kWh), it costs ₹1,572 per month for a typical driver covering 40 km daily. An equivalent petrol car would cost ₹8,400/month — that's ₹6,828 in monthly savings.
Beyond fuel, the Mg M9 maintenance cost is significantly lower at ₹55,920 per year. Electric vehicles have no engine oil to change, no spark plugs, fewer brake pad replacements (thanks to regenerative braking), and no exhaust system. A comparable petrol car costs ₹1,22,325/year in servicing — that's ₹66,405 more annually.
Insurance for the Mg M9 is approximately ₹2,44,650 per year. While slightly higher than petrol equivalents due to higher vehicle value, the massive fuel and maintenance savings more than compensate. Over 5 years, total running cost savings with the Mg M9 exceed ₹7.42 L.
Additional savings come from government incentives: Section 80EEB provides up to ₹1.5 lakh income tax deduction on EV loan interest, most states waive road tax for EVs, and the PM E-DRIVE scheme offers purchase subsidies. These can save an additional ₹1-3 lakh over the ownership period.