More and more people now are shifting to Electric Vehicles (EVs). Is it the right time to follow the trend? Consider some factors in buying one.
Millions of people now are driving electric vehicles (EVs) throughout the world. And that number is seen to grow in the years to come as more and more people explore ways to benefit technology development. Every individual is unique and has their own preferences, thus finding a suitable car requires a bit of research. Is an electric vehicle more suitable? Consider the following factors before deciding.
Some EV owners claim that their cost has gone down significantly, around a quarter compared to the cost of running a petrol-powered car. Nevertheless, the savings varies depending on the cost of electricity.
Powering up the car using solar energy will save even more than using power from the grid. Knowing the times of the day where electric companies charge lower rates can be taken advantage of to save more.
In buying an EV, it is more practical to install a charging station at home so that there is no need to go to a charging station. ChargePoint Home Flex Electric Vehicle Charger can be bought in amazon. A portable EV charger like that of MUSTART Level 2 Portable EV Charger can come handy as well in case the vehicle will run out of power while far from home.
The International Council on Clean Transport (ICCT) have done a comparative study for over four year in five European Countries: France, Germany, Netherlands, Norway and UK. The study looks into comparing the costs of vehicles that use electric, petrol, diesel and plug-in hybrid in five different countries.
Results show that over four years, Electric Vehicles (EVs) were the cheapest in all five countries. The cost difference is greatest in Norway with Electric Vehicle owners spent 27% cheaper than petrol, diesel and plug-in hybrid. Cost reduction is attributed to several factors: less cost than fuel, subsidies during purchase and tax reductions.
As more and more people shift to Electric Vehicles, there might be some changes to incentives in buying one. Will the EVs remain comparatively cheaper? Let’s wait and see…
Insurance is a factor to consider in purchasing a new vehicle. Will insurance cover electric cars? When scouting for a better insurance package from various companies, be sure to inform the companies that requested quotations are for electric vehicles. However, there are not many differences between Electric Vehicle policy and Petrol or Diesel-powered policy.
Car makers claim that EVs don’t come with high maintenance costs. EVs feature electric drive trains with few mechanical moving parts. Batteries, Brakes, Tires, Windscreens, Washer fluid and Wiper blades are most likely what needs to be maintained.
Although EV makers claim that the maintenance for EVs are comparable to regular vehicles not powered by electricity, the availability of parts and auto repair shops capable of doing repairs for EV might be a challenge in some areas. Better to scout around before buying one.
Despite acquiring an electric vehicle, it’ll be best to formulate a security or safety measure in case an emergency arrives no matter where you’re located. Thus, why not go for a watch that has a GPS in it. Watches such as the Apple Watch Series 5 and the Garmin Forerunner 745 will suffice as they would remain on your wrist wherever you go.