Why The Electric Vehicle Craze Isn't Going Anywhere

Unsplash - CC0 License

 

Electric vehicles are becoming more popular as manufacturers race to produce them in large quantities for the mass market. Practically every car company now has an electrification program, with many worrying about what’s going to happen when big countries start phasing out fossil fuels. 

But for individual consumers, these aren’t the concerns. The main issue is the quality of life that owning an EV brings. 

The purpose of this post is to make the argument that the electric vehicle craze isn’t going anywhere. We list the benefits of owning one of these vehicles and how it could make a massive difference to your lifestyle. So, without further ado, let’s take a look. 

Lower Operating Costs

While electricity might be temporarily more expensive right now because of the low price of oil, the operating costs of electric vehicles are far below what you might expect. Charging at a charging station or overnight at your home often costs only a fraction of what it does if you want to fill the tank with fuel. 

The operating costs are also lower because electric vehicles have fewer moving parts. There’s just less to go wrong. For example, electric vehicles don’t have fan belts, transmissions, gearboxes or clutches. All that complexity disappears when you have a battery supplying the power to the motors. You don’t even have an exhaust system you need to worry about. 

Higher Performance

As any car dealer will tell you, EVs also have significantly higher performance than equivalent internal combustion engine vehicles. That’s because the powertrain is simpler and there are fewer inefficiencies in the system. 

You also get direct power to the engines. This juice means you don’t have to keep the vehicle in the optimal rev range to experience the performance. EVs are more like go-karts. When you put your foot down, they go. 

You have to pay supercar money to get an internal combustion engine vehicle that will do 0 to 60 mph in under 4 seconds. However, most electric vehicles come with that ability as standard, and all at a much lower price point. 

Less Dependence On International Energy Supplies

When you own an electric vehicle, you also become less dependent on international energy supplies. You aren’t so reliant on foreign oil and can tap more into the domestic energy mix. This means that if there is a crisis or prices spike for some reason, you have a level of protection. You don’t have to immediately start paying higher prices to fill up the car, like other drivers. 

Furthermore, you don’t have to go to a fuel station to give your car the juice it needs. You can simply charge it at home, as long as you have electricity. 

Tax Credits

Depending on where you live, you can also get various tax credits and incentives. Many governments offer incentives for individuals who want to purchase EVs, helping to bring down the cost further. For this reason, even if the vehicle’s sticker price seems higher, factoring in discounts could reduce the cost significantly and make the whole purchase more affordable.