In the current decade, the use of electric vehicles has been on the upsurge for over a decade now, and the visibility in its industrial growth has taken the center stage. Conventional vehicles, such as bikes, motorcycles, cars, etc, are all shifting to all electrical functionalities, disrupting the existing automotive industry for the better.
It all makes sense, in this fast-paced world, people are becoming solution-oriented. They are constantly on the lookout for making their daily life easy and cost-effective, especially for those who travel or commute daily. And this is where electric vehicles are changing the transportation game, diminishing traditional ways of transport, and coming up with new and better ways for people to get around.
What are Electric Vehicles?
Vehicles powered by electricity through fuel cells or batteries all fall under the EV (Electrical Vehicle) category. It can be any vehicle used to transport people or goods on land, water, and air, such as trucks, cars, buses, bikes, motorcycles, boats, electric planes, etc. Let’s look at some basic EV types that will make riding to work easier.
- Full-Electric Vehicle: The battery is the only power source, and the vehicle only operates with the help of the battery.
- Hybrid Vehicle: It combines an electric motor and a combustion engine. The electric motor uses the engine’s battery to recharge when the vehicle runs.
- Plug-in Hybrids: This is also a combination of rechargeable batteries and combustion engines. In plug-in hybrid vehicles, the batteries are also chargeable using the plug-ins.
- Fuel-cell Vehicle: Vehicles that generate their own power and electricity through fuel cells such as hydrogen. They do not require to be plugged in to generate power from an electrical outlet.
Moving on to the next section, let’s now discuss the top reasons why e-vehicles are projected to take over the automotive industry in the coming years.
1. Electric Vehicles are Cost-Effective
Electric vehicles are slightly more expensive than gas-powered vehicles. A great example is electric motorcycles. Traditional motorcycles are still cheaper to purchase but more cost-effective in the long run. Let’s break it down for you. The miles used for fuel can easily cost hundreds of dollars more for traditional motorcycle owners. Now add the additional maintenance and insurance costs, and the difference is rather significant.
Running the vehicle and maintaining it should all be included in the pros and cons list when you are comparing. EV owners vouch to save more on fuel, energy, and regular maintenance. All electric vehicles have fewer parts than a traditional vehicle, meaning repairs and replacements are minimal. Engine oil is a term that does not exist for EV owners.
Nonelectric vehicles are solely reliant on oil, their dominant energy source. And more people are choosing to shift to electric vehicles for these very reasons. With rising oil prices and higher maintenance, owning an electric vehicle clearly seems like a better deal and possibly explains why car manufacturers such as Lotus and many others are in a hurry to make that shift in the automotive world.
2. Convenient Charging
Electric vehicles do not need to be fueled with petrol or diesel. The batteries in an electric vehicle, commonly known as a traction batteries, are used to power the vehicle. Being able to conveniently charge the battery at nearby charging stations instead of taking the trouble of queuing up at a gas or petrol station. The bright side of owning an electric vehicle is that you can charge the battery of your vehicle from the comfort of your home.
3. Less Maintenance
An electric vehicle eliminates the maintenance requirements needed in a fuel-operated vehicle. Because the vehicle does not rely on oil as much, only a few parts of the electric vehicle need to be lubricated from time to time, demanding less maintenance.
4. Generate Your Power
An electric car runs on electricity, and yes, you have guessed it right. You can generate electricity in your garden or rooftop using solar panels, which you can transfer onto your electric car’s batteries. Many electric vehicle owners have opted for installing solar panels for charging their vehicle batteries with renewable energy.
5. Eco-friendly Savings on CO2 Emissions
A major benefit of owning an electric car is that they do not produce emissions when they are being operated. Eliminating the combustion and absence of fuel makes electric vehicles more sustainable and eco-friendly. Moreover, vast chunks of carbon dioxide emissions are extracted through fueled engines, while electric vehicles do not contribute to harmful air pollutants. Many people are shifting to electric mobility for this reason and trying to do their bit for the environment. This is an excellent initiative to reduce ecological damage and leave a healthier planet for future generations.
However, electric vehicles have downsides too. Automotive and battery technology has progressed over the years. Although larger vehicles are not in the same scenario, the power generated is insufficient for the cars to run smoothly. Emissions extracted from lithium-ion batteries are still not recyclable, so the sustainability factor is still questionable for electric vehicles with this type of battery. To be successfully effective, electric cars must be powered by renewable energy sources for a more sustainable future.