6 Reasons Why Electric Cars are the Future of the Automobile Industry
The writing on the wall of the automobile industry says electric cars are the future, and everything points towards it being true. Here are six reasons why electric cars are the future of the automobile industry.
1. Charging Convenience
In 2008 and 2010, when electric vehicles started making waves with the likes of the early Teslas and Nissans, the inconvenience of charging topped the list of cons for EVs. A few years ago, promoters of gas-powered cars could also point towards charging as a core issue for adopting electric cars.
Today, charging takes one of the top spots in the pros list for electric vehicles. The convenience with which EV car owners can easily find a local charging point from a particular EV charging company and power their vehicles has become one of the factors that sway people to purchase electric cars.
In the UK alone, there are upwards of thirty thousand charging stations scattered around the UK. Considering how many there are in the world, the number is in millions and growing daily.
Charging an electric vehicle isn’t just convenient because there are many stations around. It’s convenient because people can easily access these stations using electric car charging apps. For those who want better access, there is an option to have a home charger installed, which allows people to charge their vehicles overnight from the comfort of their homes.
2. Increased Popularity and High Adoption Across the World
Electric vehicles have come a long way from uncertainty and disapproval to excitement and adoption. In less than two decades, electric car adoption has grown in leaps and bounds. In particular, the European and Asian markets are two of the largest EV markets in the world.
As the technology behind electric vehicles improves, more people are willing to consider shifting from ICE vehicles.
As impressive as the growth in Europe and Asia, what’s coming is even more impressive. In the forecast for the next decade, EV manufacture is at an all-time high, with more than 440 million electric vehicles in the market and more than half of the world’s population driving electric-powered vehicles.
3. Easier to Maintain Than ICE Vehicles
One of the downfalls of internal combustion engines is the number of parts required for the vehicle to function. The result of having this many parts is frequent visits to the mechanic and more effort expended to keep it working well.
In this, electric vehicles make a sharp and positive contrast. They don’t require as much maintenance. Where an ICE engine will need oil changes, watering, and constant tune-ups to function well, electric vehicles need almost nothing. Unless the battery of an EV develops issues, there is almost no need for a visit to the repair shop. This means less stress and definitely less money spent on maintaining a vehicle. On average, ICE vehicle owners spend almost five thousand dollars on repair and maintenance.
4. Saves Money
Electric vehicles, on average, are more expensive than similar gas-powered cars, yet they are the cheaper choice. As mentioned above, electric cars don’t require as many repairs. By that alone, EV owners spend less money on repairs. Depending on the state of the gas-powered car, users can spend more than five thousand dollars on maintenance alone.
On the other hand, electric vehicles save money from charging. The average cost of charging an electric vehicle is cheaper than fueling a gas car. Tesla owners spend even less as they enjoy free charging in selected locations.
5. Good For The Environment
The environment has become a significant concern for all countries worldwide. To mitigate global warming, countries are encouraging eco-friendly adoptions through incentives. In Europe, many countries have resorted to offering rebates and tax credits to electric vehicle owners to encourage their citizens to make environmentally friendly choices. In the UK, EV owners can get grants to help purchase electric cars and set up EV chargers at home.
In response, more people are adopting electric vehicles to enjoy these exclusive benefits.
6. Improved Access to Electric Vehicles
Another factor to consider in adopting electric cars is improved access. Very few people could purchase the first electric vehicles when they came on board. Some were excluded because of price, while others were excluded by geography. That’s not the case anymore. More countries have facilities to charge electric vehicles, which means that people in these countries can afford to get EVs.
In the future, the automobile industry will fully move from gas to electric cars. When this happens, no one really knows, but for sure, this shift will occur.
