With the growing concern for a healthy environment, the future of electric cars is very bright. Issues like air pollution and global warming have increased the demand for electric vehicles.
The demand for electric car has increased also for the reason that they require less maintenance cost and also for the availability of a variety of models.
Environment Friendly
The electric car is environmentally friendly. So, if you are thinking of purchasing a car and you are environment-conscious, an electric vehicle is the best option. Its usage will help in lowering air pollution because these electric vehicles emit no toxic gases.
Electric vehicle don’t contribute to noise pollution too, as they are zero-noise pollution vehicles.
Therefore for the safety of the pedestrians, these vehicles have been inserted with fake sound.
According to the World Health Organization (WHO) reports, around 7 million people die every year from exposure to fine particles in polluted air that lead to diseases such as stroke, heart disease, lung cancer, chronic obstructive pulmonary diseases and respiratory infections including pneumonia.
Low Maintenances Cost
Consumer Reports study shows when compared to a gasoline-powered car, an electric car can save an average of $4600 in repair and maintenance over the life of the vehicle. The running and maintenance cost of an electric car is less because it has fewer moving parts with no internal combustion engine and no oil.
Battery Technology
The most vital part of an electric vehicle is its battery performance. Over the period of time, battery technology has advanced a lot and is continuously advancing.
In recent years, modern electric vehicle batteries use lithium-ion cells. Lithium-ion (Li-ion) battery or cell is an advanced battery technology that uses lithium ions as a key component of its electrochemistry.
Electric Car Market
The market of electric vehicle is increasing day by day and year by year. In 2020, its market was valued at $163.01 billion and it is expected to reach $823.75 billion by 2030.
Government Subsidy and Tax Benefits
From the above, we can clearly draw the picture that electric vehicle has a very bright future. Governments all over the world are encouraging the manufacturing and purchase of electric vehicles by providing subsidies and framing policies that favour its manufacturing and purchase. Various government policies have accelerated the sale of electric vehicles around the world. From 2035 European Union has approved an effective ban on new fossil fuel cars.
Electric Car Price
Recently, the price of electric car is higher than gasoline car but as more companies step into the field of electric cars manufacturing and with favourable government policies, the price of electric car will be checked. Then in the near future, the electric car will be within the reach of its potential customers.
Charging Station
The place where electric vehicles are charged is called a charging station. These stations are similar in appearance to a normal gasoline station. They have long cables that are used to charge electric vehicle.
Currently, many USA electric vehicle owners charge their electric vehicles at home using either level 1 or level 2 chargers. An article published in Forbes says that lack of charging infrastructure could restrict the growth and sale of electric vehicles in future. So, it is required to set up more charging stations to fulfil the growing demand of electric vehicles.
Conclusion No doubt, the future of electric vehicles is bright. Electric vehicles are the vehicles of the future. Tesla is the brand name in this field but other companies such as Volkswagen, Mercedes-Benz, Tata, MG, GM, Audi, Hyundai, Nissan BMD, Renault and many more have also launched electric vehicles. These companies are putting more and more effort into accelerating the move from traditional vehicles to electric vehicles