Question 1

What will be the lowest down payment for Earth Energy EV Evolve R?

Accepted Answer

The lenders generally finance 90% of the value of the . Some customers might be eligible for 100% funding too. The down payment is the difference between the on-road price of the  and the amount funded by a lender. This means the minimum possible down payment that you have to pay for Earth Energy EV Evolve R includes the RTO and insurance charges.

Question 2

What will be the monthly EMI for Earth Energy EV Evolve R?

Accepted Answer

EMIs or Equated Monthly Installments refer to the monthly payments you make to the lender to repay your loan. These payments include the principal amount as well as the interest i.e. EMI = Principal Amount + Interest on Principal amount. Mathematically, EMI for Earth Energy EV Evolve R can be calculated using the following formula:
{P x R x (1+R)^N / [(1+R)^N-1]}
where, P = Principal amount of the loan, R = Rate of interest and N = Number of monthly installments.
For Example:- If the principal amount for a bike loan is Rs. ₹1,31,770/- on an annual rate of interest of 10% for a tenure of 3 years then 
EMI = 131770 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 4,233/-
The rate of interest (R) on your loan is calculated monthly i.e. (R= Annual rate of interest/12/100). For instance, if R = 10% per annum, then R= 10%/12 = 0.008333.

Question 3

What will be the interest rate for Earth Energy EV Evolve R?

Accepted Answer

The interest rate for Earth Energy EV Evolve R primarily depends on the principal amount and tenure of the loan amount. Interest rate of lenders generally varies from 9.7% per annum to 15% per annum. Customers can also negotiate with the financier for a better rate of interest against their loan amount.

Question 4

What will be the EMI for 3 years tenure for Earth Energy EV Evolve R?

Accepted Answer

EMI for Earth Energy EV Evolve R for 3 years tenure can be calculated as per the following formula:-
{P x R x (1+R)^N / [(1+R)^N-1]}
Where, P = Principal amount of the loan, R = Rate of interest, N = Number of monthly installments which will be 36 in case of 3 years tenure.

Question 5

How much time Earth Energy EV Evolve R will take to charge?

Accepted Answer

Earth Energy EV Evolve R will take total 2.5 Hr to charge from 0-100 percent.

Question 6

What is the range offered by Earth Energy EV Evolve R on a full charge?

Accepted Answer

Earth Energy EV Evolve R offers range of 100 km/charge.

Question 7

Does Earth Energy EV Evolve R need a license?

Accepted Answer

Yes, it is required to have a driving license to drive Earth Energy EV Evolve R.

Question 8

What is the top speed of Earth Energy EV Evolve R?

Accepted Answer

Top speed of Earth Energy EV Evolve R is 110 km/Hr.

Question 9

What is the battery capacity of Earth Energy EV Evolve R?

Accepted Answer

Battery Capacity of Earth Energy EV Evolve R is 3.45 Kwh.

Question 10

What is the max speed of Earth Energy EV Evolve R?

Accepted Answer

The max speed of Earth Energy EV Evolve R is 110 km/Hr.

Question 11

What is the driving range of Earth Energy EV Evolve R?

Accepted Answer

The driving range of Earth Energy EV Evolve R is 100 km/charge.

Question 12

What is the battery type of Earth Energy EV Evolve R?

Accepted Answer

Earth Energy EV Evolve R uses the best Lithium-ion battery.

Questions and Answers on Earth Energy EV Evolve R

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