Electric Vehicles: – A car is fueled at a Costco Warehouse gas station in Cranberry, Pennsylvania
The Voice of America News Radio aired that the new Electric vehicles in the U.S. set a high record in fuel economy last year with the biggest yearly enhancement in nine years to an average of 11 kilometers per liter i.e. 26 miles per gallon as electric vehicle sales go up on a rise.
The Environmental Protection Agency reported that vehicles were up 0.2kp/l (0.6 mpg) over 2021 and no electric vehicles and plug-in-hybrid vehicles improved the average fuel economy by 0.5 kp/l (1.2mpg) in 2022. EPA had already reported in a forecast that fuel economy would increase to 11.4 kp/l (26.9 mpg) in 2023.
Michael Regan, the Administrator of the Environmental Protection Agency report, “highlights the historic progress made so far by the industry to reduce climate pollution and other harmful emissions.”
Automakers use credits to meet their requirements. The report showed that the major EV manufacturer, Tesla sold extra emissions credits, and General Motors and Mercedes-Benz purchased credits in 2022.
Out of the major automakers, Stellantis had the lowest fuel economy and the next two are General Motors and the Ford, while the Tesla is the most efficient followed by Hyundai and Honda.
The horsepower, vehicle weight, and size all hit new records in 2022 and again hit remarkable records in 2023.
The Environmental Protection Agency said electric vehicles, plug-in hybrids, and fuel-cell vehicles production was 7% in the year 2022 and around 12% in 2023. The average range of EVs rose to a new high of 490 kilometers (305 miles), which is four times more than that of the range in 2011.
The report showed Americans kept moving away from cars and are buying more SUVs. Sedans and wagons fell to just 27% of vehicles sold in 2022, while SUVs rose to 54%.
The senior vehicles analyst at the union of concerned scientists, Mr. Dave Cooke, told that as per the report emissions from gas-powered vehicles have hardly moved since 2015.
Mr. Cooke also said, “Automakers are lagging in their efforts to clean up conventional gasoline vehicles, which are still the vast majority of new vehicles sold and will be on the road for years to come.”
The Environmental Protection Agency proposed sweeping emissions cuts for new vehicles through 2032, including a 56% reduction in projected fleet average emission over 2026 requirements that it says would result in 67% of new vehicles by 2032.
The director of the Center for Biological Diversity’s Climate Transport campaign, Mr. Dan Becker, said the Environmental Protection Agency should finalize even tougher rules to save the environment and for Zero emissions but the automakers and the United Auto Workers Union want the EPA to soften the rules and its proposal set for final approval.
An electric vehicle (EV) is an automobile that makes use of one or more electric power system to propel the vehicle. The electric vehicles are powered by the energy stored in a collector system of an extravehicular source. Even they could be powered independently by using a battery (every so often charged with the aid of solar panels, or with the aid of changing gasoline to energy the use of gasoline cells or a generator).
Electric vehicles comprise street and rail motors, submerged vessels, electric-powered spacecraft, and planes. Electric vehicles were first introduced in the late nineteenth century, while energy became a few of the desired strategies for motor automobile propulsion. Internal combustion engines have been the main propulsion technique for automobiles for the last hundred years, whereas, electric-powered energy has remained common in different automobiles like trains and smaller motors.
Different Types of Electric Vehicles are:
1. Battery Electric Vehicles (BEV):
A battery unit charged by electricity solely powers the battery electric vehicle. The battery electric vehicles entirely depend on the electricity stored in the battery, for power to run the vehicles and there is no internal combustion engine to propel or give power to the wheels of these vehicles.
The battery electric vehicles are charged by plugging into an electric power source at home or the charging station.
Figure 1 Battery Electric Vehicle
Component of Battery Electric Vehicle:
1. Electric Motor:
Electric motor is the primary propulsion system in the battery electric vehicle. The electric motor converts battery electrical energy into mechanical energy to the wheel of the vehicle.
2. Battery Pack:
The battery pack is the collection of individual cells that store electrical energy. These cells are usually lithium-ion batteries. The size and capacity of the battery pack determine the range of vehicles.
3. Power Inverter:
In electrical vehicles, the alternating current (A.C) powers the electric motor. The direct current (DC) from the battery is converted into alternating current by the power inverter.
4. Charging Port:
In battery-electric vehicles, there is a charging port, which is provided to recharge the battery through an external power source. There may be different types of connectors depending on the charging infrastructure.
5. Onboard Charger:
The onboard charger converts the AC power from the external source into DC power suitable for charging the battery.
6. Thermal Management System:
The thermal management system is essential for maintaining optimal operating temperatures of both the battery and the electric motor. This system helps to ensure the long life and effectiveness of electrical components like the battery and the motor.
7. Vehicle Control Unit (VCU) and Battery Management System (BMS):
The vehicle control unit manages various vehicle functions and the battery management system monitors and manages the state of charge, temperature, and the overall health of the battery.
Working Principles of Battery Electric Vehicles:
The working principles of battery electric vehicles can be described as explained below:
1. Charging:
The battery electric vehicle is charged by plugging it into an external power source. The onboard charger converts AC power from the source into DC power to charge the battery.
2. Battery Storage:
The battery stores the electrical energy into chemical form. The energy is later converted back to electricity to power the electric motor.
3. Discharging:
When the driver accelerates the vehicle, the VCU (Vehicle Control Unit) sends signals to the power inverter, which converts DC power from the battery into AC power for the electric motor.
4. Propulsion:
The electric motor uses this electrical energy to generate mechanical energy, driving the wheels and propelling the vehicle.
5. Regenerative Braking:
During braking. The electric motor can act as a generator, converting kinetic energy back into electrical energy. This energy is then fed back into the battery, enhancing the overall efficiency.
2. Fuel –Cell Electric Vehicle (FCEV):
A fuel-cell electric vehicle is an electric vehicle that uses a fuel cell to generate electricity on board. These vehicles generate electricity through a chemical reaction between hydrogen and oxygen in a fuel cell.
The hydrogen and oxygen in water produce electricity and release heat as a byproduct. A fuel cell vehicle also known as a hydrogen fuel cell vehicle operates on a different principle compared to battery electric vehicles.
The most common type of fuel cell used in FCEVs is the proton exchange membrane (PEM) fuel cell.
Figure 2.a. Hydrogen Fuel Electric Vehicle Layout
Figure 2.b Fuel Cell Electric Vehicle Block Diagram.
Component of Fuel Cell Electric Vehicles:
1. Fuel Cell Stack:
The fuel cell stack is the heart of an FCEV. It consists of multiple individual fuel cells that use a chemical reaction between hydrogen and oxygen to produce electricity. The most common type of fuel cell for FCEVs is the proton exchange membrane (PEM) fuel cell.
The chemical reaction is 2H₂ + O₂ → 2H₂O + electrical energy.
2. Hydrogen Tank:
The fuel cell electric vehicles store compressed gas in high-pressure tanks. The hydrogen is then delivered to the fuel cell stack when needed.
3. Power Control unit:
The power control unit manages the flow of electrical power between the fuel cell stack and the electric motor. It may include power electronics to regulate the voltage and current for optional performance.
4. Electric Motor:
These fuel vehicles are equipped with an electric motor that is powered by the electricity generated in the fuel cell stack. This motor drives the wheel of the vehicle.
5. Battery (optional):
In some FCEVs, a small battery can be included to store excess energy generated by the fuel cell stack. This battery can provide additional power during acceleration or other high–demand situations.
6. Air Intake:
For the electrochemical reaction with hydrogen, the FCEVs pull the atmospheric air through the air intake system to provide the necessary oxygen to the fuel cell.
7. Water Vapour Release:
The byproduct of the chemical reaction in the fuel cell is water vapor, which is released as part of the vehicle’s emissions.
Working Principles of Fuel Cell Electric Vehicles:
1. Hydrogen Intake:
Compressed hydrogen gas is taken from the high-pressure storage tank and fed into the fuel cell stack.
2. Electrochemical Reaction:
In the fuel cell stack, hydrogen reacts with oxygen from the air to produce electricity, water vapor, and heat. The generated electricity that powers the electric motor.
3. Electricity Generation:
The electric motor uses the generated electricity to propel the vehicle. The electric motor works like that of battery electric vehicles.
4. Water Vapor Release:
The only emission from a fuel cell vehicle is water vapor, making it a clean and environmentally friendly option.
5. Regenerative Braking:
Similar to battery electric vehicles, some Fuel cell electric vehicles incorporate regenerative braking, where the electric motor acts as a generator during braking to recover energy and charge the battery if present.
Fuel Cell Electric Vehicles are considered environmentally friendly because they produce zero emissions at the tailpipe, and their only byproduct is water vapor. However, challenges include the development of a hydrogen infrastructure for refueling and the energy-intensive process of producing hydrogen.
3. Plug-In Hybrid Electric Vehicle:
A plug-in hybrid vehicle is a type of hybrid vehicle that combines features of both traditional internal combustion engine vehicles and battery electric vehicles. Plug-in hybrid vehicles have the ability to operate on electric power alone for a certain distance and can also use an internal combustion engine for longer journeys. The key feature of a PHEV is its ability to be charged by plugging into an external power source.
Figure 3 Plug-in Hybrid Electric Vehicle
Component of Plug-In Hybrid Electric Vehicles
1. Electric Motor:
PHEVs are equipped with an electric motor that can propel the vehicle using electricity stored in a battery. The electric motor works in tandem with the internal combustion engine.
2. Battery Pack:
PHEVs have a larger battery pack compared to traditional hybrids, allowing them to store more electrical energy for extended electric-only driving. The battery is typically charged by plugging into an electric power source.
3. Internal Combustion Engine:
PHEVs also have a traditional internal combustion engine, usually powered by gasoline or diesel, which provides additional range when the battery is depleted.
4. Charging Port:
PHEVs are equipped with a charging port that allows the vehicle to be connected to an external power source, such as a standard electrical outlet or a dedicated charging station.
5.Onboard Charger:
The onboard charger converts AC power from the external source into DC power suitable for charging the battery.
6.Power Control Unit (PCU):
The PCU manages the power flow between the electric motor, the battery, and the internal combustion engine, optimizing efficiency and performance.
7. Regenerative Braking:
PHEVs often feature regenerative braking, where the electric motor acts as a generator during braking to convert kinetic energy back into electrical energy, which is then used to charge the battery.
Working Principle of Plug-In Hybrid Electric Vehicles:
1.Electric-Only Mode:
In electric-only mode, the PHEV operates using electricity stored in the battery. This mode is suitable for shorter trips and can be used for commuting or driving in urban areas.
2. Hybrid Mode:
When the battery charge is depleted or additional power is needed for high-demand situations, the internal combustion engine kicks in, and the vehicle operates in a hybrid mode. In this mode, both the electric motor and the internal combustion engine work together to provide power to the wheels.
3. Charging:
PHEVs can be charged by plugging into an electric power source. The battery can be charged overnight using a standard electrical outlet or more quickly using a dedicated charging station.
4.Fueling:
For longer trips or when the battery is depleted, PHEVs can be fueled like traditional vehicles at gas stations, using gasoline or diesel.
PHEVs offer a balance between the benefits of electric-only driving and the flexibility of a traditional internal combustion engine, making them a suitable choice for drivers who want to reduce their fuel consumption and emissions without sacrificing the convenience of longer driving ranges.
3. Mild Hybrid Electric Vehicle
A Mild Hybrid Electric Vehicle (MHEV) is a type of hybrid vehicle that incorporates a small electric motor to assist the internal combustion engine. Unlike full hybrid or plug-in hybrid vehicles, MHEVs cannot operate on electric power alone for an extended period; instead, the electric motor provides support to the conventional engine. The primary purpose of the electric motor in MHEVs is to improve fuel efficiency and reduce emissions.
Figure 4 full Hybrid and mild hybrid vehicles
Components of Mild Hybrid Electric Vehicle:
1.Electric Motor:
MHEVs have a small electric motor that assists the internal combustion engine during acceleration and other high-demand situations. This motor is generally not powerful enough to propel the vehicle on its own.
2.Battery:
MHEVs feature a small battery, typically with a lower capacity than the batteries in full hybrid or plug-in hybrid vehicles. The battery stores energy captured during braking and deceleration, which is then used to assist the engine.
3.Start-Stop System:
Many MHEVs are equipped with a start-stop system, where the internal combustion engine turns off when the vehicle is stationary, such as at traffic lights. The electric motor helps restart the engine quickly and smoothly when needed.
4. Regenerative Braking System:
MHEVs often employ regenerative braking, similar to full hybrid vehicles. The electric motor acts as a generator during braking, converting kinetic energy into electricity, which is then used to charge the small battery.
5. Power Assistance:
The electric motor provides additional power during acceleration, reducing the load on the internal combustion engine and improving overall fuel efficiency.
Working Principle of MHEVs:
1. Idle Start- Stop:
When the vehicle comes to a stop, the internal combustion engine is automatically turned off to save fuel. The small electric motor helps restart the engine quickly when the driver releases the brake or presses the accelerator.
2. Acceleration Assistance:
During acceleration, the electric motor provides additional power to assist the internal combustion engine, reducing fuel consumption.
3. Regenerative Braking System:
When the driver applies the brakes, the electric motor acts as a generator, capturing energy during deceleration. This energy is used to charge the small battery.
4. Battery Assistance:
The stored electrical energy in the small battery is used to provide additional power to the electric motor during acceleration or other situations where extra power is required.
MHEVs offer fuel efficiency benefits without the need for external charging. They are often positioned as a cost-effective and simpler alternative to full hybrids or plug-in hybrids, providing some of the advantages of electrification without significant changes to the vehicle’s overall design or driving experience.
Present Scenarios of Alternative Fuel Vehicles In India
Factors Driving The Shift To Greener Mobility
Affordability & Maintenance
Conclusions
Introductions:
Alternative fuel vehicles may be defined as a vehicle that is powered by any fuel other than conventional petroleum fuels (diesel or petrol).The term “alternative fuel,” as defined by the U.S. Department of Energy and the Energy Policy Act of 1992, refers to-:
biodiesel,
electricity,
ethanol,
hydrogen,
natural gas,
propane,
and new fuels, still under development
Why Alternative Fuel Vehicles:
India is the third-largest user of transport automobiles in the world and 70% of its transport energy need is fulfilled by importing fossil fuels.
“The aim is to gradually shift to fuels, which are import substitutes, cost-effective, indigenous and pollution-free.
Conventional Fuels are limited and depleting.
The conventional fuel (gasoline) is not renewable and a day will come when our vehicles will be useless with an empty stomach as there will be no fuel to fill in. Therefore, it is necessary to go for an alternative solution.
Alternative Fuels are Pollution-free
Alternative fuel vehicles do not emit harmful exhaust gases like carbon dioxide, carbon monoxide, particulate matter, and sulfur dioxide as well as ozone-producing emissions.
Protect against global warming
Burning fossil fuels causes a temperature rise in the earth’s atmosphere i.e. global warming.
To Save Money
Alternative fuels are less expensive in terms of the cost of fuel and maintenance of the vehicle.
Present Scenarios of Alternative Fuel Vehicles In India:
As per the Economic Times Report, 20% of cars sold in metros run on alternate fuels; sales doubled in the last 3 years.
Present Scenarios of Alternative Fuel Vehicles In India:
The Economic Times report said that the market share of alternative vehicles increased to reach 12.95 percent in urban centers this year. And this was only 4.68 percent in 2020.
Rural areas have also seen a shift on similar lines where the market share for vehicles operating on alternate powertrains rose to 8.39 percent from 3.75 percent during the same period,
Certainly, this growing acceptance of hybrid and electric vehicles hit the combined share of diesel and petrol vehicles and has gone down by 8.27 percent in Urban and 4.64 percent in rural markets.
Factors driving the shift to greener mobility:
Government push and rebates to both the manufacturers and the end users, resulted in the car manufacturers launching more electric-powered vehicles, along with the expansion of CNG dispensing stations and growing charging infrastructure for EVs, which are driving the shift away from conventional fossil fuels.
Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicles (FAME) – I and II:
FAME, or Faster Adoption and Manufacturing of (Hybrid and) Electric vehicles, is currently India’s flagship scheme for promoting electric mobility
In its 2nd phase of implementation, FAME-II is being implemented on 1st April 2019 with a budget allocation of 10,000 Cr.
Two Wheeler: Rs 15000/- per kWh up to 40% of the cost of vehicles
Two Wheeler: 2 kWh
2.
Three Wheeler: Rs 10000/- per kWh
Three Wheeler: 5 kWh
3.
Four Wheeler : Rs 10000/- per kWh
Three Wheeler: 15 kWh
4.
E Buses: Rs 20000/- per kWh
E Buses: 250 kWh
5.
E Trucks: Rs 20000/- per kWh
E Truck: 250 kWh
The government has initiated work on the third phase of the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME-III) financial support scheme, which is likely to encompass alternative fuel vehicles,
According to a senior government official, there is a proposal to incorporate vehicles powered by alternative sources such as hydrogen and biofuels along with electric vehicles in the upcoming phase of FAME.
“The objective is to shift away from conventional polluting vehicles, and the incentive for alternative fuels aims to encourage the transition from internal combustion engine (ICE) to cleaner technology,” government officials observed
As per the ET report, the Managing director of Tata Motors passenger vehicle and Passenger electric mobility, “Diesel in any case is declining.
He added that for us, we are very clear that we have defined our net zero in 2040, which means a very fast acceleration of EVs.”
Affordability & Maintenance of Electric Car:
Running Cost of Tata Tiago Electric Car:
Monthly Charging Cost Rs. 750
Daily Charging Cost Rs. 25
Per KM charging Costs Rs. 0.5
This cost is calculated based on charging the vehicle at a rate of 6.5/ units of electricity and assuming a daily run of 50 kilometers.
Maintenance of Electric Car:
As there is no internal combustion engine and no moving parts, the wear and tear is zero, hence no need to keep regular maintenance like filling mobile oil, coolant, etc.
Only periodic Tyre and battery maintenance is required in all-electric vehicles.
Conclusion:
Many Indian manufacturers like Maruti and Tata Motors are working towards doubling their EV portfolio and offering different electric vehicles in the next few months.
The share of diesel vehicles has dropped to 15 percent from the peak of 88 percent,
The share of electric vehicle sales has risen to 14-15 percent.
The EV share is likely to grow further to 25 percent by 2027 and 50 percent by the end of the decade.
India is moving rapidly towards sustainability. Electric vehicle sales and market growth are the result of the reflection of sustainability. The transition towards sustainability reflects the growth in the Indian electric vehicles market and the sales growth. As per the report of JMK research, a promising growth trend is displayed in the month of September 2023, with an impressive sales surge of 36%. As per the report and the data from the Vahan dashboard and industry research, there is a month-on-month increase of approximately 1% in the sales of Electric vehicles, totaling 127,735 units.
The electric vehicle registrations including all-electric two-wheelers, passenger three-wheelers, and electric cars, in September 2023 are 90.85% of the total vehicle registrations for the month.
In September 2023, Electric Vehicle Sales according to category:
Hi-speed electric two-wheelers have experienced a remarkable increase in their sales. In September 2023, the Hi-Speed electric two-wheelers (HSE2W) sales growth in India was approximately 2% compared to the previous month and it went 63,715 units. A significant 90.75% of the total registrations for the month of September 2023 and compared to September 2022, HS E2W sales showed a surge of 20.22%.
Top Electric vehicle, High-Speed E2W Players in September 2023:
Ola Electric is the leader in the field of electric two-wheelers segment and it has maintained its leadership position with a sale of 18635 units in the month of September 2023. Ola Electric has an extensive 29.2% market share and TVS Electric has secured a second position in this category. Revolt is also in the top ten players for the month.
Electric Vehicle Three-Wheeler (E3W) Sales Trends:
Good and impressive sales were recorded in September 2023 for the passenger and the cargo electric three-wheelers (E3W). A 2.4% month-on-month increase in the sale of passenger electric three-wheelers (E3W) was recorded with sales of 52337 units. Cargo E3W sales reached 5107 units but there was a decline of 9.6% compared to the previous month. In addition, the overall electric three-wheeler (E3W) sales recorded a month-on-month rise of around 1.2%. On a year-on-year basis, passenger Electric three-wheeler (E3W) sales in September 2023 increased by around 56%, while cargo E3W sales grew by over 90% compared to September 2022.
Top E3W Players’ Monthly Sales:
Among passenger and cargo segments, the top eight electric three-wheeler players accounted for a substantial 35.63% share of the global electric three-wheeler (E3W) market. Mahindra holds the top position with an 8.64% market share, followed by YC Electric (6.96%) and Saera Electric Auto (5.47%).
Electric Cars and Buses:
In the electric car segment, Tata Motors dominates and its market share is 68.85%. However, electric car (E-Car) sales had a slight month-on-month drop of roughly 9.9% in September 2023. In fact, electric bus (E-bus) sales exhibited promise with a 26% year-on-year increase, totaling 258 units for September 2023. Tata Motors also led the Electric-bus category with a 65.50% market share.
Conclusion:
The Indian Electric vehicle market is growing rapidly with remarkable growth in its different important segments and addressing the national vow towards sustainable and green transportation solutions. The innovative transition towards sustainable development and the electric mobility future of India is a positive outcome.
The number of Electric Car consumers are increasing, and various convincing opinions are there in favor of this revolutionary trend. However, some people hold a negative perception of the electric vehicles and claim that these vehicles are not fit for daily use.
As more Electric car charging stations are being established throughout cities and highways across the world, people’s perceptions are changing and they are looking forward to electric vehicles.
Source: Image by Senivpetro on Freepik.
The electric cars have numerous benefits over a gasoline powered vehicles.
The following 10 economical and environmental reasons why we should go for an electric vehicle:
1. Safety features of Electric Car:
Electric cars are equipped with many advanced safety features, which ensures that EV owners keep themselves, their belongings, and others on the road to be safe.
As per the report from the Institute for Highway Safety, the electric vehicle injury claims are substantially less than the gas vehicles.
Electric Cars are generally come with the following safety features:
Adaptive Cruise Control in Electric Car:
The adaptive cruise control system monitors the objects in front of the vehicle using the sensors or cameras. If your vehicle is just about to rear end of someone, the adaptive cruise control technology will instantly engage your brakes to prevent a collision.
Automatic High Beam Deactivation in Electric Car:
This is a camera based system that deactivates the high beams when detects a close distance between two vehicles.
Forward Collision Warning(FCW)System in Electric Car:
The forward collision warning system uses sensors to identify a potential accident when your vehicle approaches a vehicle or other things ahead. The FCW system informs you when you are going too fast and recommend you to slow down to avoid an accident.
Lane Departing Warning(LDW)System:
This system is a camera-based technology that senses and detects whether the driver is about to drift out of their lane using onboard camera.
Lane Keeping Assistance:
The lane keeping assistance pushes the vehicle back into its lane when a driver fails to respond the lane-departure warning.
Blind Spot Monitoring:
This monitorstraffic in the adjoining lanes and indicates if a vehicle approaches from either side.
Surround View Camera:
The facility supports in parking by providing the driver with 360- degree picture of the vehicle and its surroundings
2. Instant Torque and Acceleration of Electric Car:
The twisting force, torque is the important features, which makes electric vehicles different from the fuel-powered vehicles or gasoline vehicles. The electric motor’s allows instantly moving away when you press the pedal in a hybrid or electric vehicles.
The major difference between electric and gas powered vehicle is that the electric vehicles does not need any transmission system. In electric vehicles, by pressing the acceleration pedal, the car’s motor immediately sends power to the wheels and develops an instant torque and the acceleration.
In gasoline-powered vehicles, the engine power can be delivered to the wheels after an operation of multi-gear downshift. And in case of electric vehicles, only a simple connection to the battery is required to power the wheels.
Source: Image by Fanjianhua on Freepik.
3. Silent and comfortable Features in Electric Car:
In electric vehicles, as there is no engine and very few moving parts, the noise is negligible. Thus, the silence and the comfort is the two basic things that people look for in their car, and gets in an electric vehicles.
The electric vehicles are equipped with all the modern features like air-conditioning, heating and other amenities, which provides all comforts to the passengers.
4. Less Maintenance:
As there is no engine and transmission system and very few moving parts in electric vehicles, there is no friction and hence no wear & tear. No need to do periodic maintenance of changing mobile oil, coolant, brake oil, gear oil etc. Only battery charging is required and a periodic rotation of tires is necessary.
5. Cheaper in fuel:
The initial purchase cost of an electric vehicle is little higher than the gasoline powered vehicles. However, the after purchase maintenance and fuel cost is lesser than the conventional gasoline powered vehicles. There is no need to fuel electric vehicles as it runs on battery-powered electric motors.
The battery can be charged free of cost or with minimal charge on public charging stations.Even you can charge your car at your home itself.
Source: Image by Freepik
6. Buyers’ Incentives:
There are government incentives and tax rebate available on the purchase of the electric vehicles. To promote the electric vehicles, make a clean and green environment the consumers are motivated with many incentives to go for the pollution free transport facilities.
There are number of financial measures designed to incentivize consumers for purchasing the electric vehicles by the European Union.
7. Tax Cuts:
To encourage the electric vehicles sales, government has implemented a plan to increase the tax burden on conventional gasoline powered vehicles with greater emission and give relaxation in tax to those vehicles like electric and hybrid vehicles with lower emissions.
Norway is the best example of the highest attention of electric vehicle sales in the world. Here the new car buyers save 25% on an electric vehicle purchase since from starting as because of exemption in VAT.
In Germany, also the electric vehicles are free from vehicle tax for up to 10years.
The United States also give tax relaxation for purchasing electric vehicles. Even, the national federal taxes based on fuel usage, including the gas tax and car registration costs are exempted.
Source: Image by rawpixel.com on Freepik
8. Less Depreciation Value:
It is important to think about the depreciation value and the rate of depreciation while purchasing your vehicle. However, it depends on many variables including kind, model, age and condition of the vehicles.
As per the scientific studies, the value of electric vehicle is more stable than that of the conventional gasoline vehicles. An analysis by Autolist shows that the Tesla model S has more retention value than its gas powered competitors like Audi A8. Mercedes S-class and BMW 7 Series.
9. Zero Emission:
Electric vehicles are better for planet. The electric vehicles have no emission, as there is no tail pipe.
In EVs, there is no combustion as in internal combustion engine vehicles. A gasoline-powered vehicle emits various harmful pollutants like carbon dioxide, nitrogen oxide, ozone and particulate matters. These pollutants affects badly to human health and the climate.
However, the electricity used to power the electric vehicles comes from the coal power stations, it is still the electric vehicles emit less global warming pollution than the conventional gasoline vehicles.
Again, for no impact on world’s carbon footprint, the solar powered electric vehicles are good for zero emission. Because there is no pollution or waste involved in the process of powering your vehicle, this is the most environmentally responsible way to drive a car.
10. Unlimited Access to City Centers:
Many polluting vehicles are restricted in city centers of major European cities. However, the electric cars have unlimited access to city centers and low emission zones.
Many cities like Paris, Barcelona, Madrid and London have their own vehicle entry regulations. And these cities have low-emission zones to reduce the air pollution by barring certain types of vehicles from entering specific areas at all times or on specific days of the week.
In Paris, for example, you can only drive your car into the city center if it is electric or has been adapted for disabled people.
In London, there are different rules depending on how old your car is; newer cars can enter the center without issue, but older vehicles may be required to pay a fee.
Source: Image by Freepik
11. Conclusion:
Now it is very important than ever to take an action to protect the environment. There are various ways to protect and make your environment clean and green and pollution free. It is our responsibility to give a better atmosphere and safe life for our coming generation.
One of the various ways is to switch for alternative fuel vehicles and the electric cars are the best option. The electric cars does not demand to sacrifices your comfort or safety. Nowadays the electric vehicles are widely demanded and opted by the drivers who are looking for the new technologies and even don’t think to pay little extra for getting high technology cars with all comforts and environmental friendly.
The whole world is changing rapidly and opting the new generation technology in every fields and we too need to change with the upcoming generation and the technologies. There are enormous benefits of opting the new generation electric cars. It is not only beneficial for a person or for his/ her family but for the whole planet.
Ultimately, the choice is yours, if you think to do something for the climate change and want to make a bright and clean future for our next generation; you should go for the alternative fuels and the electric cars.
Now you too can buy electric vehicles. It’s now myth that the electric cars are only for the very rich people. Think once again.
In February,2023, the average U.S non-luxury cars including both gas and electric were retailed for about $44,700. Even though there are at least 10 electric cars that cost less than that price and even three electric cars are under $30,000.
The Federal, state and local rebates and incentives can also help to reduce thousands of dollars in electric vehicles buying price.
Even the leasing of an electric vehicle can make you eligible for a greater federal tax rebate than buying that EV.
Here are the 10 cheapest electric vehicles to buy in your budget:
Chevrolet Bolt:
Price: $27495
Federal Tax Benefit: $7500 Fedral Tax Credit
Estimated Rang: 259 Miles
Fun to Drive with great range.
2. Chevrolet Bolt EUV:
Price: $28795
Seating Capacity:For Five
Federal Tax Benefit: $7500 fedral Tax Credit
Estimated Rang: 247 Miles
Larger version of GM’s original Chevy Bolt.
3. Nissan Leaf S:
Price: $29135
Estimated Rang: 149 Miles
Leaf S is a great option for those who drives shorter distances and charge primarily at home.
4. Mini Electric Hard Top:
Price: $31895
Estimated Rang: 114 Miles
A Zippy import, the Mini Electric gets agile handling and quick acceleration.
5. Hyundai Kona Electric:
Price: $34885
Estimated Rang: 258 Miles
One of the best electric vehicle under $50,000
6. Nissan Leaf SV Plus:
Price: $37135
Estimated Rang: 212 Miles
Second generation Leaf gets high marks for safety and its practicality from the consumers.
7. Volkswagen ID.4 Standard:
Price: $40290
Estimated Rang: 209 Miles
Offers Ample cargo space and three years of electrify charging at America’s fast charging Network.
8. Kia Niro EV Wind:
Price: $40875
Estimated Rang: 253 Miles
Comes with driver assistance and wireless smartphone charger.
9. Hyundai Ioniq 5:
Price: $44235
Estimated Rang: 220 Miles
Compelling choice for anyone moving first swing towards Electric vehicles.
10. Nissan Ariya:
Price: $44525
Estimated Rang: 216 Miles
Nissan Ariya is a Crossover SUV, comes with important safety features like blind spot monitoring and automatic braking.
Conclusion:
There are various automakers and new upcoming startups in the field of electric and hybrid vehicles manufacturing are coming to the market and new inventions are creating more opportunities for the players. This definitely creates more possibilities to reduce the manufacturing cost and then the selling price.
Even the tax incentives and government rebates are the key point of discussion for the price relaxation in all electric vehicles.
So the average and common people should rethink before purchasing their new car and can think of any budget Electric Vehicles.
