It’s Getting Easier To Go Electric
Story by Aaron Borderman. Photos from Clean Fleet Report archives.
This article may contain affiliate links.
The entire world is becoming environmentally conscious. Most people are turning towards initiatives that build the environment rather than destroy it. One of these remarkable initiatives is the introduction of electric cars.
Electric cars are a current trend. In 2019, the sales of electric vehicles totaled 1.1 million worldwide during the first half of the year, according to Edison Electric Institute. This figure represents a 46 peercent increase compared to sales made in 2018.
One of the reasons behind the drastic increase in sales was the more affordable price range of the Tesla Model 3, a best-seller in the U.S., Europe and China.
If you’re trying to reckon whether an electric car is for you, here are top reasons why you should get aboard the electric vehicle voyage:
1. Say Goodbye to Fuel Costs
Constant price fluctuations power the fuel market. A small margin in the market drastically affects the cost of fuel and its availability.
An electric car consumes less energy compared to a gas- or diesel-fueled vehicle. A hybrid electric vehicle, as they are also commonly known, uses an electrical drive technology and applies regenerative braking, recovering the energy normally lost while braking. The vehicles use electricity produced from nuclear power, coal, natural gas or solar energy.
2. High Torque
Contrary to popular opinion, electric cars can perform better than gasoline-powered vehicles. Electric vehicles can reach peak torque performance at 0 rpm, whereas a gas-powered car takes more time to get to maximum torque.
An electric motor produces torque that propels the car faster than conventional gas-powered vehicles. If you fancy high instant speeds, then an electric car is ideal for you.
3. Low Maintenance Costs
An electric car does not require a regular oil changes or tune-ups. It has fewer parts that would need constant maintenance and replacement.
Typical service for an electric car would only involve checking the tires and brake pads, saving you money and time. Car dealerships will advise you on the frequency of maintenance needed at the time of purchase.
4. Zero Carbon Emissions
An electric car has no internal combustion engine burning fossil fuels. Hence, your vehicle does not produce greenhouse gases or pollutants that destroy the atmosphere when you’re driving. The result is you get to play your role in protecting the environment by avoiding pollution when you travel.
5. Electric Vehicles are Affordable
With more users gearing towards purchasing electric vehicles, a surge in demand has drastically hit the electric automobile industry. Subsequently, the cost of electric cars has significantly gone down.
You can now purchase an electric vehicle at a fair price due to the existing tax credits. The federal tax credit exempts allows you to deduct up to $7,500 from the vehicle’s initial cost. State and local tax credits and incentives can help reduce the price further. Check your local situation before you buy.
6. High Resale Values
The tax credit on electric values has historically negatively affected the vehicle’s resale value. However, with new models that have a range of more than 200 miles, the estimated resale value is 64.3 percent of its initial value after three years of service.
Finally, electric charging stations are becoming more popular. According to CNBC, approximately 41,400 public charging stations for electric vehicles are available in the United States. This number is projected to increase. You have less worry about where you can charge your car. Many of the new batch of EVs have batteries that can charge up to 80 percent in 30 minutes or less.
Some of the New EV Choices
News: Two EV Introduction Paths from Hyundai-Kia
News: Mazda Join the EV Crowd with MX-30 EV
Road Test: 2021 Polestar 2
Flash Drive: 2021 Volkswagen ID4 Crossover EV
Road Trip: 2021 Ford Mustang Mach-E EV
Flash Drive: 2022 Chevrolet Bolt EUV
Road Test: BMW Takes the Middle Path to Electrification
