Electric vehicles are evolving increasingly popular around the world, along with growing concern about climate change. If you are considering switching to an eco-car, please read on. Here are both opinions to help you decide if an electric vehicle is the right choice for you.
Cost to buy an Electric Vehicle
Electric vehicles are typically more costly to buy as compared to gas-powered counterparts. Price starts around $30,000 to $40,000. However, some states offer incentives and discounts to make them more affordable. For example, Quebec offers rebates of up to $8,000 and BC up to $5,000.
Pros and cons of Electric Vehicle (EV)
Choosing a new car is tough, but deciding between a conventional gasoline or electric vehicle is even tougher! So here are some pros and cons to own an electric vehicle. Make an informed decision before you sign your next car contract.
Electric Vehicles are energy efficient
Energy efficiency is how much of the fuel energy is converted into actual energy to move the wheels of the car. EVs are much more efficient than conventional gas engine vehicles. EV batteries convert 59-62% of their energy into vehicle movement, while gas engine Vehicles converts only 17-21%. In other words, recharging EV’s battery provides more energy to actually move the car than filling it up with gasoline.
In addition to fuel efficiency, EVs offer significant cost savings in terms of maintenance: since EVs are fully electric vehicles, they do not require oil to lubricate their engines. This means that oil changes are no longer necessary. They also do not require expensive engine repairs like gasoline-powered vehicles. Brakes do not sport out as quickly, so there is no need to change pads as often as in a regular car.
For individual purchases, EVs under $52,756 qualify for free road tax. Vehicles priced above that amount are subject to an annual road tax of $448 for the first five years, after which they are also exempt from road tax.
Interior comfort is a major advantage of EVs, as the electric motor only makes a faint noise. The only things that will bother you while moving are tire noise, wind noise, and road noise, and you will hardly notice these three if you are in town. In fact, EVs are so modest that some manufacturers have installed sound generators to make pedestrians and other road users aware of their presence.
The biggest disadvantage to own an electric vehicle has to charge it. All EVs sold come with a household 3-pin plug and can be charged from the mains. Many companies also provide a wall box for fast chargers free of charge when purchasing an EV. The wallbox connects directly to the main power source, allowing the EV to charge faster than a household power source.
Electric vehicles can shorten the driving range.
The range of EVs is, on average, shorter than that of gasoline-powered vehicles. Most models achieve 60 to 120 miles on a single charge, with some luxury models achieving a range of 300 miles. Incidentally, gasoline-powered cars average about 300 miles on a full tank of gas, and more fuel-efficient cars have a longer range. This may pose a problem for those who make frequent trips when considering an AEV. Also, in the absence of charging stations, AEVs are not suitable for driving or other activities.
Drivers have become accustomed to the habit of filling up with fuel as and when they need it. With EVs, however, this is not possible. This would mean that they would have to spend more time stopping to recharge their batteries and suffer from extra long travel times. In this respect, EVs need to change people’s perception of EVs rather than the cars themselves.
Is it expensive to buy Electric Vehicles?
Electric vehicles are more costly to purchase but more reasonable to run than gasoline-powered vehicles. For one thing, fuel costs are lower. On average, an electric car costs $300 to $400 per year to charge.
How to charge an electric Vehicle?
You can charge your EV anywhere by connecting the 3-pin socket to your car with a cable. However, this is often not practically possible if there is no driveway, street parking, or dedicated parking space. If these options are available, it is best to use a charging point.
How much its price to charge the EV (Electric Vehicle)?
The price to charge a battery-powered vehicle depends on a range of factors. The first is where you decide to connect your vehicle to a power source. If you connect to a workplace or public charging station, you can charge for free as an incentive for EV use.
Conclusion: Is Electric Vehicle right for me?
All of the above makes electric cars a good option for you if they fit your driving style and commuting needs, fit your budget, and offer a net savings when all incentives, rebates, fuel and maintenance costs are factored in. If any one of these does not benefit you, that does not mean that EVs are bad. It does mean that you may have to consider unseen benefits, such as environmental impact, to determine if an electric vehicle is the right choice for you.
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