The noticeable silence followed by the blue ring around the car logo. It’s clear the electric vehicles on the roads are increasing – especially given it was only just a year ago when many people weren’t aware of how to tell the difference between a fuel-run vehicle and an electric one. Electric vehicles are the most sustainable, environmentally-friendly type of vehicle. And as the world nearly reaches a stage with climate change where the damage is irreversible, individuals, businesses, organizations and governments are all collectively trying to make a difference by reducing the amount of fossil fuel burnt each and every day.
This article will dive into weighing up the perks and downfalls of an electric vehicle or car. How much does it cost currently and is it financially sustainable for you personally?
If you are only opting for the most sustainable form of personal transport then purchasing an electric vehicle is the right choice for you. The very reason electric cars grew in popularity is due to the fact that they avoid using fossil fuels. This means they are undoubtedly much more environmentally friendly than its fuel-run counterparts. When it comes to emitting emissions, the actual manufacturing of the lithium ion battery in electric vehicles emits more but the running of the vehicle, itself, is dramatically better for the planet. In fact, you can avoid 1.5 million grams of carbon dioxide being emitted into the atmosphere every year by using your electric automobile.
A convenient element to electric vehicles is the fact that you can charge your car while you sleep with an EV home charger. This saves time and planning on rushing to a petrol station amidst a busy schedule. If you are caught out running low, there are public charging points, however, there are few and far between in comparison to petrol stations. For longer journeys, you will need to pinpoint where these EV charging stations are located and ensure you have eno
ugh charge to get from place to place. For those who make long journeys frequently, you may benefit from a hybrid vehicle which allows you to charge your car as well as fill up with gas when need be.
Cost to run the vehicle
This is a big perk for electric vehicles. Electric cars are much cheaper to run than gas vehicles as EV charging costs much less than filling up at the gas station. You will save a significant amount of money in the long run by purchasing an electric vehicle. Throughout the course of one year, the savings in gas or petrol can be in the thousands, depending on your mileage. The numbers speak for themselves – showing just how much you can save in the running of an electric car.
Electric cars do not have certain parts that standard vehicles entail, such as exhausts, radiators and starter motors. For this reason, electric vehicles generally require less trips to the mechanics which again, saves on costs. EV batteries tend to have extended warranties for as long as ten years and electric vehicle batteries usually last significantly longer.
Cons of electric cars:
Fewer EV charging stations
EV charging stations are significantly more sparse than petrol stations. When you are low on gas, it’s not a common occurrence to have trouble finding a gas station. On the other hand, this could be a dangerous scenario for EV vehicles as EV charging stations are far and few between in the current climate. For long road trips, you will need to plan your trip carefully to avoid such circumstances. This doesn’t, however, halt the chances altogether and there is the potential for your car to run out of charge on busy roads which isn’t only inconvenient but can be dangerous.
More expensive to purchase than gas run vehicles
It’s a no-brainer that electric cars will be more expensive to purchase. Depending on your location, there are rebates which can remove even up to $10,000 off the total price. Definitely do your research on price comparisons before purchasing from the first couple showrooms you enquire at. The car sellers only have one thing on their mind and that’s making a sale. And, of course, secondhand electric cars are bound to cost dramatically less than from the showroom. It’s important to note that while it will initially cost more, your money is paid back over the lifetime of the vehicle due to the large savings in fuel and maintenance.
You may additionally need EV charger installation in your home or business. This can cost thousands, however, it is worth the cost when it comes to convenience. You can trickle charge overnight and wake up to a full charge at a very, very low cost.
Olivia Fairhurst is a Content Manager for Future Energy, a sustainable energy and EV charger installer in Auckland, NZ.