Can Money Buy Love When It Comes to Electric Vehicles?
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If you’re like me who grew up watching weekend morning cartoons, you may well have seen images of flying cars whizzing out and about, taking our favorite characters for literal rides into the sun(set). Fast forward to today, while we might not have flying cars (yet), the closest thing we mere mortals can have are electric vehicles.
Electric vehicles or EVs are vehicles that fully or partially run on electric power. Now, they aren’t much of a modern- day contraption as small scale EVs have been produced from 1828-1835 by inventors from Hungary, The Netherlands, and the US. And in the years that followed, inventors and engineers have been working to perfect the design.
There are 4 kinds of EVs:
- Battery Electric Vehicle (BEV)
- Hybrid Electric Vehicle (HEV)
- Plug-in Hybrid Electric Vehicle (PHEV)
- Fuel Cell Electric Vehicle (FCEV)
Since the introduction of the Prius in 1997 and its mass production in the 2000s, are electric vehicles, in this case, as consumers, electric cars worth it?
Here’s why EVs are worth buying and loving:
Electric cars are better for the environment.
With the world literally burning around us, electric cars are way much better for the environment. Unlike internal combustion engines (ICE) that are found in traditional cars and vehicles, EVs don’t rely on fossil fuel for power as they don’t have components found in ICE vehicles such as tailpipes, fuel tanks, and fuel lines.
Research has even shown that EVs emit less greenhouse gases and air pollutants compared to gas and diesel-run cars. EVs help improve the air quality making it better for people as well. In fact, one electric car on the road can save an average of 1,5 million grams of CO2 in over a year - that’s equal to four return flights from London to Barcelona.
Electric cars are better for your wallet.
Despite having a higher sticker price, electric vehicles can save you more money in the long-term. Unlike gas-powered engines, battery-electric engines have less moving parts that can break down and don’t require oil changes. Electric vehicles also use regenerative braking (if you recall your Physics class, this is kinetic energy that is captured and can be used immediately or stored until needed) which reduces wear and tear.TheEVs lower maintenance cost and the lower costs of charging compared to the high cost of fuel offsets the higher upfront price over time.
While gas prices across the nation are not the same, an analysis from the Union of Concerned Scientists still found that charging a vehicle is still more cost effective versus filling up a pump across 50 major cities in the country.
Electric vehicles can contribute to overall health and wellness.
Because of how they’re made, electric cars have lower emissions and even get cleaner over the time which leads to better air quality. We know that when we have cleaner air, it’s better for everybody, better for public health. People won’t be getting sick as often from asthma, allergies, and other respiratory ailments. When the public is healthy, society is healthy - everyone is able to do work and not miss school.
So yes, there is much love to give and get for electric vehicles. If you’re considering making the switch, it’s always good to go with EVs. Electric vehicles give you a better environment, contribute to personal and public health and wellness, and even looks out for your wallet for better finances.