Hybrid Vehicles Market Surpassed Electric Vehicles: A Growth of 27%

Introduction:

Hybrid Vehicles:

The hybrid Vehicles market in India is ahead of any other alternative fuel vehicles and surpasses electric vehicles. The popular model Toyota Innova Hycross and Grand Vitara Hybrid, are practical and eco-friendly options for customers and driving a surge in hybrid car sales.

Toyota has emerged as the largest hybrid electric vehicle brand in India.

Hybrid Vehicles: Schematic diagram

Fig: Schematic diagram of Hybrid Vehicles

Toyota has emerged as the largest hybrid electric vehicle brand in India.

Hybrid Cars: Toyota Innova

When the BEVs (battery-electric vehicles) face challenges in the market, the HEVs (Hybrid electric vehicles) are experiencing remarkable growth in India. The JATO Dynamics data says that the sale of hybrid cars increased by 27% from January to July 2024 and reached 51897 units as compared to the 40811 units during the same period last year. This surge highlights a growing acceptance of hybrid vehicles among Indian consumers.

The rise in hybrid vehicle sales is largely attributed to the popularity of strong hybrids, or HEVs, which saw a 27.1 percent increase in sales to 51,832 units from 40,773 units last year. Strong hybrids combine a conventional internal combustion engine (ICE) with a battery-powered electric motor, allowing them to run on both petrol or diesel and electric power. Unlike mild hybrids, which use a smaller battery to assist with electrical components and provide a minor boost during acceleration, strong hybrids can operate solely on electric power. In addition to strong hybrids, mild hybrids also contributed to the growth in hybrid vehicle sales. When mild hybrid electric vehicles (MHEVs) are included, the total sales of hybrid vehicles reached 2,90,912 units in the first seven months of 2024, up 13 percent from 2,56,075 units in the same period last year.

Sales by Powertrain in India as Per JATO Dynamics Report:

Powertrain TypeJanuary–July 2023January–July 2024Growth
Internal Combustion Engine Vehicles(ICEVs)17,25,58118,37,1646.50%
Mild Hybrid Electric Vehicles(MHEVs)2,15,2642,39,01511.00%
Battery Electric Vehicles(BEVs)49,02854,11810.40%
Hybrid Electric Vehicles(HEVs)40,77351,83227.10%
Plug-in Hybrid Electric Vehicles(PHEVs)386571.10%
Grand Total20,30,68421,82,193 
Source: JATO Dynamic India

Advantages of hybrid Vehicles:

Several factors contribute to the increasing popularity of hybrid vehicles in India. The Managing Director of JATO Dynamics, Ravi Bhatia, explains that hybrids balance cost and eco-friendliness. “Hybrid cars are witnessing a major acceptance because of the lower initial cost than full EVs. While there are fuel efficiency benefits without range anxiety, these vehicles are compatible with existing infrastructure”.

Breakup of the passenger Vehicles PIE

Powertrain Share-India.

Powertrain TypeJanuary–July 2023January–July 2024Change
Internal Combustion Engine Vehicles(ICEVs)85%84.02%-0.80%
Mild Hybrid Electric Vehicles(MHEVs)10.60%11.00%0.40%
Battery Electric Vehicles(BEVs)2.40%2.50%0.10%
Hybrid Electric Vehicles(HEVs)2.00%2.40%0.40%
Plug-in Hybrid Electric Vehicles(PHEVs)0.00%0.00%0.00%
Grand Total100%100% 
Source: JATO Dynamic India

When asked why automakers are sharpening their focus on hybrids, Mr. Bhatia, M.D of JATO Dynamics, explained that there is a balance of eco-friendliness and practicality with hybrids, as, “There are fuel savings without complete dependence on electricity and also because of familiarity with traditional powertrains. Above all, there is a lower perceived risk than full EVs.”

Industry players claim that tax registration waivers on hybrids in states like Uttar Pradesh, etc., are helping the rising footfalls at dealerships.

On the other hand, Battery Electric Vehicles (BEVs), saw the growth rates decline over the last few months. The total number of BEVs went up by just 10 percent during Jan-July on a YOY basis at 54,118 units as compared to 49,028 units during the same period last year, JATO Dynamics India data showed.

According to Bhatia, Hybrids are outpacing BEVs due to the lower barrier to entry for consumers, easier integration into existing lifestyles, and reduced dependency on charging infrastructure. “It is serving as a bridge technology for cautious adopters,” he noted.

Market dynamics and automaker strategies:

Hybrid vehicles’ success in India encourages automakers to expand their offerings in this segment. Over the last few years, many affordable hybrid models have entered the automobile market, including the Honda City Hybrid, Toyota Urban Cruiser Hyryder, and Maruti Grand Vitara Hybrid. The prices of these models are very competitive to make them accessible to consumers.

The Indian automakers are now preparing to promote a new trend of hybrid vehicles in the price range of Rs 15-25 lakh. The major Indian Car manufacturer Maruti has developed and introduced hybrid versions of their popular models Swift and Fronx. Even Kia launched its Kia Carnival hybrid, Toyota launched the Fortuner hybrid and Hyundai launched its Hyundai Kona hybrid models. These launches are expected to boost hybrid vehicle sales in India.

Toyota Kirloskar Motor (TKM) has emerged as a leader in the domestic hybrid electric vehicle market (HEV) market. As of now, in 2024, The Company TKM has sold over 50,000 units of its hybrid models, including the Innova Hycross, Urban Cruiser Hyryder, Camry Hybrid, and Vellfire. The Innova Hycross and Urban Cruiser Hyryder are the top-selling models, with 30,505 and 21,737 units sold respectively, until the first half of 2024.

The Executive Vice President, Mr. Vikram Gulati, of Toyota Kirloskar Motor(TKM), has said that with the existing market sentiments, we are confident of maintaining the growth momentum.

TOP-SELLING HYBRID VEHICLES MODELS IN 2024:

BrandModelCY 2023CY2024 (YTD)
ToyotaInnova3953930505
ToyotaUrban Crusier Hyrider2487221737
Maruti SuzukiGrand Vitara151716111
Maruti SuzukiInvicto33881975
ToyotaCamry18191324
HondaCity1983657
ToyotaVellfire565478
BMWXM11264
Land RoverDefender92
Land RoverRange Rover172
Land RoverRange Rover Sports12
YTD Stands for Year-To-Date, CY Stands for Calendar Year
Source: JATO Dynamics India

The Indian Leading Car manufacturer Maruti Suzuki is also focusing on expanding its hybrid vehicle portfolio. As per the JATO Dynamics Report, the company sold 6,111 units of hybrid version of the grand Vitara and 1975 units of the Invicto in the first half of the year 2024.

The country’s largest carmaker proclaimed that it managed to see a 62.47 increase in its total strong hybrid car sales at 23,394 units during the April-June 2024 period as against 14,399 units in same period last year.

Honda Cars India Ltd (HCIL) has also made significant strides in the hybrid market with the introduction of the Honda City e: HEV by selling 1,953 units of this model last year and 657 units YTD.  Honda Cars India Vice President (Marketing & Sales) Kunal Behl stated that the hybrid version of the City accounted for 11 percent of total City sales last year and has already increased to 13 percent this year and the company plans to continue developing both hybrid and electric powertrains as part of its future product lineup.

Challenges and future outlook:

Whereas hybrid vehicles are gaining traction, the battery-electric vehicles (BEV) market is undergoing slower growth. From January to July 2024, the BEV sales increased by just 10 percent, reaching 54,118 units compared to 49,028 units in the same period last year.

Mr. Bhatia, M.D of JATO Dynamics says that hybrids are currently outpacing the BEVs due to their lower entry barriers, easier integration into existing lifestyles, and reduced dependency on charging infrastructure.

Maybe in the coming years, fully electric vehicles will take the lead with the infrastructural improvements, and if the government special incentives to promote battery electric vehicles. But as of now, the hybrids are leading in the Indian Market

The Best Tesla Alternative Electric Vehicles In 2024.

Introduction:

In the electric vehicles car market, many other great electric vehicle options have hit the market.

Electric Vehicles, loaded with various features and impressive ranges, like the Hyundai Ioniq 6, Kia EV6, and Chevrolet Blazer are hitting the electric vehicle market with attractive deals and financial offers.

TESLA:

Tesla is the largest electric vehicle seller in the U.S. market. Still, some other best alternative manufacturers and models are also available to give tough competition to the leading EV manufacturer Tesla.

At the beginning of the EV era, Tesla was leading the other manufacturers, but now it does not have as big a lead over its competitors. Though its EVs are still among the best, competing automakers have trapped up and have even surpassed Tesla in some areas.

12 Rivals of TESLA Electric Vehicles is different Technical Aspects:

1. BMW i4 electric vehicles:

The BMW i4 is the main rival of the Tesla Model 3.

# The cost of the single model i4 e-drive 35 is $52,200.

# The sprint time of this model is the same as that of the base model 3

# The range is up to 276 miles.

The longest-range model is the dual-motor $61,600 i4 xDrive 40, with a claimed EPA range of up to 307 miles and an acceleration time of 4.9 seconds.

Specifications at a glance of BMW i4:

# BMW i4 offers:

 Power:  536 hp

 Sprint Time to 60 mph of 3.7 seconds.

2. Hyundai Ioniq 6 electric vehicles:

Electric Vehicles: Hyundai Ioniq 6

Hyundai Ioniq 6, is launched with an aerodynamic shape and looks like a pebble- a design that seems to split opinions.

The new Hyundai and Kia EVs are coming with an E-GMP platform. This platform runs on 800 volts, which makes the car quick to charge and efficient.

The cost of the Ioniq 6 starts at $ 37,500 and can give 240 miles of range from its 53-kilowatt-hour battery and just 150 horsepower from a single rear-mounted electric motor. It achieves 0 to 600 mph in around 805 seconds.

The variant SE of Ioniq 6 costs $ 42,450 and delivers a range of 361 miles & quick acceleration with 225 horsepower and a bigger battery of 77.4 kWh.

Specifications At a Glance of Hyundai Ionoq 6:

# Hyundai Ioniq 6 base Model:

Cost: $37500

Range: 240 miles

Battery: 53 kilowatt- hour

Power: 150 horsepower

# Hyundai Ioniq 6 SE Model:

Cost: $42450

Range: 361 miles

Battery: 77.4 kilowatt-hour

Power: 225 horsepower.

3. Polestar 2 Electric Vehicles:

Electric Vehicles: Polestar 2

The Polestar is one of the bigger rivals of the Tesla Model 3, which was launched in 2020.

The single-motor, 299 hp model Polestar costs $49,900. Its sprint is 60mph in 5.9 seconds and its range is 320 miles.

The dual motor all-wheel drive polestar of 421 hp power and 276 miles range costs $55,300.

Specifications At a Glance of Polestar:

# Polestar Single-motor Model:

Cost: $49,900

Range: 320 miles

Power: 299 horsepower

# Polestar Dual-motor Model:

Cost: $55,300

Range: 276 miles

Power: 421 horsepower.


4. Hyundai Ioniq 5
:

Electric Vehic;les: Hyundai Ionoq 5

The Hyundai Ioniq 5 is built on the same E-GMP platform as the Ioniq 6. The Ioniq 5 is the rival of the Tesla Model Y.

Specifications at a Glance of Hyundai Ionoq 5:

# Hyundai Ioniq 5 base Model:

Cost: $41,800

Range: 220 miles

Power: 168 horsepower.

5. Kia EV6:

The Kia EV6 is very similar to the Ioniq 5 and Ioniq 6 in terms of mechanical properties.

Its unique look is like the hi-tech rally car. It offers a more dynamic driving experience compared to its Hyundai counterparts.

Specifications at a Glance of Kia EV6:

# Kia EV6 base Model:

Cost: $43,000

Range: 232 miles

Battery: 58 kilowatt-hour

Power: 168 horsepower

# Kia EV6 Advanced Model:

Cost: $45,590

Range: 310 miles.

Power: 225 horsepower

Battery: 77.4 kilowatt-hour

# Kia EV6 Long Range AWD Model:

The long range AWD model adds a second motor on the front axle which gives 320hp in combination. Its range drops to 282 miles.

Cost: $49,850

Range: 282 miles Power: 320 horsepower.

6. Ford Mustang Mach-E:

The Ford Motor is manufacturing one of the more fun to drive electric crossovers, the Mustang Mach-E. It’s interior is very impressive and coming with a decent Range.

Electric Vehicles: Ford Mustang Mach E

Specifications at a Ford Mustang Mach-E:

# Ford Mustang Mach-E base Model:

Cost: $41,990

Range: 250 miles

Battery: 58 kilowatt-hour

Power: 267 horsepower from a single rear-mounted electric motor

To upgrade for extended range of battery pack, it costs $45990 for a range up to 320 miles.

The drive unit gets more power to compensate for the heavier battery and still delivers a similar 6.1-second benchmark sprint time.

The Rally model Ford Mustang Mach-E, gives more power and allows you to have fun sliding around a dirt road at a vehicle cost of $60.900 only.

7. Chevrolet Equinox EV:

The Chevrolet Equinox EV is very much liked drive in most of the first drive experiences. It is normal in drive with breadth of capabilities.

Electric Vehicles:Chevrolet Equinox EV

Specifications at a Glance of Chevrolet Equinox EV:

# Chevrolet Equinox EV base front-wheel-drive Model:

Cost: $34,995

Range: 319 miles on a single charge

# Chevrolet Dual-motor 2LT Equinox EV all-wheel-drive Model:

Cost: $43,295

Range: 285 miles on a single charge

The price goes up to $46,795 for the top 3RS variant.

8. Polestar 4:

The Polestar 4 Crossover is a splash in the EV market. Its coupe-like rear end looks like the Model Y and Mach-E in terms of body style.

Electric Vehicles: Polestar 4

Specifications at a Glance of a Polestar 4 Crossover:

# Polestar 4 Crossover base Model:

Cost: $54,900

Range: 300 miles of EPA range

Power: 272 horsepower from a single rear-mounted electric motor

# Polestar 4 All-wheel-drive Model:

Cost: $62,900

Range: 270 miles.

Power: 544 horsepower.

9. BMW i5 :

The BMW is manufacturing both the combustion and the electric versions of its 5 series sedan.

Electric Vehicles : BMW i5

Specifications at a Glance of a BMW:

# BMW i5 eDrive40 base Model:

Cost: $67,100

Range: 295 miles

Power: 335 horsepower from a single rear-mounted electric motor

Sprint: 0 to 60mph in 5.7 seconds

# BMW i5 xDrive40 all-wheel-drive Model:

Cost: $70,100

Range: 266 miles

Power: 389 horsepower

Sprint: 0 to 60mph in 5.2 seconds

# BMW i5 xDrive40 all-wheel-drive Model:

Cost: $70,100

Range: 266 miles

Power: 593 horsepower

Sprint: 0 to 60mph in 3.7 seconds

10. Lucid Air:

The luxury carmaker Lucid Air developed the most efficient and longest-range premium electric sedan on its proprietary platform of 900 volts. It is very comfortable, roomy inside, and even fun driving around a twisty road. This car provides balanced driving with precise steering that allows an accurate placement while operating on the road.

Specifications at a Glance of Lucid Air:

# Lucid Air Pure base Model:

Cost: $71,400

Range: 411 miles

Battery: 88 kWh

Sprint: 0 to 60mph in 4.5 seconds

# Lucid Air the Grand Touring Model:

Cost: $111,400

Range: 516 miles

Battery: 118 kWh

# Lucid Air Sapphire Model:

Cost: $250,500

The Lucid Air Sapphire is the top-performance model and is one of the quickest-accelerating cars on the planet with the combined power of three electric motors.

11. Porsche Taycan:

The Taycan was the only rival of the Tesla Model S, before the launch of Lucid Air and BMW i5.

Electric Vehicles: Porsche Taycan

Specifications at a Glance of Porsche Taycan:

# Porsche Taycan base Model:

Cost: $99,400

Range: 274 miles

Power: 402 hp from a single motor  

Sprint: 0 to 60mph in 4.5 seconds

# Porsche Taycan Turbo Model:

Cost: $173,600

Range: 292 miles

Power: 871 hp

Sprint: 0 to 60mph in 2.5 seconds

# Porsche Taycan Turbo S Model:

Cost: $209,000

Range: 266 miles

Power: 938 hp

Sprint: 0 to 60mph in 2.3 seconds.

12.Mercedes-Benz EQS:

Mercedes launched its electric vehicles in a similar look to its combustion engine cars. To make it aerodynamic efficient and to maximize its interior space its EQS sedan looks egg-shaped. It may not be the prettiest sedan, but it’s far from being a luxury EV, with a futuristic interior and plenty of range from its big battery pack.

Specifications at a Glance of Mercedes-Benz EQS:

# Mercedes-Benz EQS 450+ base Model:

Cost: $104,400

Range: 274 miles

Battery: 118 kWh

Power: 355 hp from a single motor rear wheel drive

# Mercedes-Benz EQS AMG Model:

Cost: $147,550

Range: 274 miles

Battery: 118 kWh

Power: 649 hp from a single motor rear wheel drive

Sprint: 0 to 60mph in 3.4 seconds

CONCLUSION:

Many top manufacturers are going ahead of TESLA in making electric vehicles and many are in the process just behind. There are many various best options to the consumers for going for an electric vehicle. Market is open and the manufacturers are in the race to compete with each other to give their best.

Maruti to introduce first Electric Vehicle:”A step for eco-friendly technology”

Introduction:

Electric Vehicle, Hybrids, Plug-in Hybrids, CNG, etc are the future of mobility. The world is working for clean, green, and sustainable energy sources. India is not far behind and in this, our automobile sector is trying to contribute through minimizing the use of fossil fuel in their upcoming vehicles. Many manufacturers like Tata Motors, Maruti, and Mahindra are already working and have even introduced their various models of alternate fuel vehicles on Indian roads.

Maruti Suzuki revealed intentions to introduce its first electric vehicle this financial year and promote diverse eco-friendly technologies like hybrid, biogas, and CNG to reduce emissions. Chairman RC Bhargava highlighted a diversified strategy to meet national objectives.

To produce and promote affordable small cars, the company aims to satisfy different market segments.

The country’s largest car maker Maruti Suzuki said it would launch its first electric vehicle in the local market in the ongoing financial year, and will simultaneously encourage customers to adopt eco-friendly technologies like a strong hybrid, biogas, flex fuel, and CNG which are available at varied price points to reduce emission and fuel consumption in the country.

Maruti Suzuki chairman RC Bhargava said in the annual report release, that a policy framework to accelerate the move towards these alternate technologies will help minimize sales of petrol and diesel vehicles and thereby reduce emission and fuel consumption.

Tax on Electric Vehicle In India:

In India, a reduced GST rate of 5% on Electric Vehicles is applied, compared to 28% (plus Cess) on hybrids. Several state governments extend additional incentives including waiver of registration charges on EVs.

The government has also accepted that in India there is a need to use different technologies, he said, adding” Some states like UP, have already taken steps in this direction. We now await a policy framework that would lead to the promotion of all technologies that result in petrol and diesel cars being replaced by cars using other technologies.”

Maruti’s Plan for Electric Vehicles:

Maruti Suzuki currently sells two strong hybrid vehicles- SUV Grand Vitara and MPV Invicto. The company has scheduled to launch its first EV later this fiscal and plans to have half a dozen models in the space by FY31.

Know the difference between hybrid, plug-in hybrid, and Electric Cars.

Introduction: Electric cars, Hybrid cars & Plug-in Hybrid cars.

Hybrid cars also known as self-charging cars incorporate a small battery and an electric motor to boost efficiency. It requires a petrol or diesel engine as its primary propulsion and then runs in pure electric mode.

In plug-in hybrid vehicles, apart from petrol or diesel engines, a larger battery is also incorporated there, delivering an electric range of up to 50 miles, depending on its model.

The battery of a plug-in hybrid car is used to recharge with a home charging point or can also be charged using a public charging network.

Electric cars, battery electric vehicles, or all-electric battery vehicles depend completely on a battery pack as its means of propulsion. It must be plugged in when the battery is low on juice.

Remember this rule:

In a hybrid you cannot plug in, in a plug-in hybrid you should plug in, and in an electric car, you must plug in.

1. Hybrid Cars:

Electric Cars ,Hybrid Cars: Toyota Prius

The most famous hybrid car on the planet is Toyota Prius, which was launched in 1997. This was the world’s first mass-produced hybrid vehicle.

A hybrid car pairs an electric motor with a petrol or diesel engine. It means the driver has access to three forms of propulsion i.e. by engine, by pure electric, or both. Hybrid cars are more efficient and economical than conventional gas-powered engines.

Hybrid Cars: Pros and Cons:

Pros:

1. Familiarity:

The hybrid car is very familiar with the conventional gasoline-powered vehicles. While driving, you will not notice much difference between both and even need not to worry about recharging the battery.

2. Efficiency:

In hybrid vehicles, an electric motor is there to improve fuel economy and overall efficiency. Hybrids are more efficient than petrol, and more economical than diesel cars in the town.

Hybrid vehicles can recharge their batteries either by using an internal combustion engine or by regenerative braking. In regenerative braking, the energy that would have been lost under braking or when lifting off the accelerator pedal is diverted to the battery to power the electric motor.

3. Tax:

The government has announced Tax rebate on hybrid vehicles. As per rule, lower CO2 emission means lower vehicle excise duty (VED), especially in the first year of purchase of the vehicle.  

4. Towing:

For anyone looking for an electric car for towing, the hybrid car is the best choice. The maximum towing capacity might be slightly less in hybrid cars as compared to petrol or diesel cars but it is significantly more than of a pure electric car. Even many electric cars are not allowed and approved for towing purposes.

Cons:

1. Cost:

The cost of purchase is higher in the case of hybrid cars as compared to petrol or diesel cars.

2. Range:

The electric range of hybrids is very limited.

3. Ban:

As the government aims to go carbon neutral by 2050, The sale of new hybrid cars is to end in 2035 and petrol and diesel cars are already going to be a history after 2030.

2. Plug-in hybrid cars:

Electric cars Plug-in hybrid

The PHEV, a Plug-in hybrid vehicle is equipped with a battery pack to store and deliver power to an electric motor to run the petrol or diesel engine. The battery pack in the plug-in hybrid vehicle is recharged at home or a public charging network.

The plug-in hybrids are gaining popularity and in the U.K the Mitsubishi Outlander PHEV is the best-selling car model.

Because of a large battery pack, the plug-in hybrid vehicles travel more than the hybrid on electric power.

Generally, a plug-in hybrid car should go up to 20-30 miles of electric range, and in some brands and models, it can go up to even 50 miles of range. The BMW X5 xDrive45e claims a range of 54 miles.

Plug-in hybrid cars: pros and cons

Pros:

Backup engine:

In plug-in hybrid vehicles, the petrol or diesel engine supports the running range of the vehicle, and there is no range anxiety. When the battery is exhausted, the vehicle switches to a petrol or diesel engine. Moreover, refueling petrol or diesel is just like that of conventional gas-powered vehicles.

Less Fuel Consumption:

The plug-in hybrid cars typically start in electric mode and generally, people do not require running the gas engine to complete the shorter trips. Indeed, the average car’s daily trip is generally not more than 10 miles, and for this, the driver does not require switching the gas-powered engine.

Tax:

Especially for company car drivers, it matters great in tax benefits as the Lower CO2 emission means the Tax benefits are greater.

Lower Running Cost:

Driving of Plug-in Hybrid is as easy as a regular gasoline car, only you need to plug-in the vehicle as and when required. The combination of electric and petrol and diesel power delivers improved performance without the high running costs of a fast petrol car. Although, it is a very minor thing but in case if you don’t have access to a charging point, no need to worry much, you simply use the engine until you get home or find a charging station.

Cons:

Upfront cost:

The initial investment cost of a plug-in hybrid is a major drawback. For example, the cost of the Hyundai Ioniq hybrid is around £24,000, while the plug-in hybrid and electric versions are priced at around £30,500.

Change In Driving Habits:

The plug-in hybrid drivers will have to add in their habits of recharging their car before going for the next trip, otherwise, they will have to switch on the conventional gas engine petrol or diesel mode, which will be expensive. A plug-in hybrid is not the best choice if you are not using the battery mode.

Handling:

The Plug-in hybrids are fast in a straight line, with plenty of torque for swift overtaking. The weight of the big battery pack can have a slight disadvantage on the car’s ride and handling. They are less comfortable over pitted roads and more bulky when cornering.

3. Electric cars:

Electric Cars :Tesla

Electric Vehicles in India are growing rapidly. It is a demand to go green and save the environment with sustainable development. In this way, alternative fuel vehicles are in global demand. Electric vehicles are the most popular and adopted way to go green globally. In India, many Indian manufacturers as well as foreign investors have already launched many brands in the Indian Market.

India is growing their electric vehicles market in all segments like two-wheelers, Three-wheelers, four-wheelers, and commercial buses & trucks.

Indian Government has supported with several rebates like manufacturing rebates to the producers and tax rebates to the customers.

Electric cars: pros and cons:

Pros:

Incentives:

The government is offering a rebate of £2,500 towards the cost of new electric cars costing less than £35,000.

A separate grant of £350 is available via the electric vehicle home charge scheme when buying a home charge unit.

Tax:

The government taxes on the purchase of all-electric cars are meager and rebated. These vehicles qualify for the free VED (vehicle Excise duty), lowering the purchase cost.

Low Running Cost:

An electric car is always cheaper to run than a petrol or diesel car. It will be more economical if you charge at home and take advantage of special tariff offers to electric vehicle owners. 

The servicing and maintenance cost of electric vehicles is much less as there is no engine and hence no need to do periodic maintenance like lubrication, oiling, etc.

Air quality:

The main attraction of electric vehicles is their zero-emission quality, as there is no combustion engine and no tailpipe.

Driving experience:

The instant torque makes an electric car responsive and fun to drive and gives a great driving experience.

Cons:

Quoted range:

The range of electric cars is a major part of the concern. For a long go you, if your battery juiced, then there is no other option left with you, to go further.

With the range of available electric cars, you do not even think about running long in a single go.

.

Upfront Cost:

Although the running cost is lower in the case of electric cars, the initial upfront cost is big.

A figure of around £30,000 is more realistic, while some upmarket EVs break the £100,000 mark. 

Charging:

Anyone without access to a garage, driveway, or off-street parking might struggle to charge an electric car at home, and while the public charging network is getting better rapidly, some areas remain underserved, and there are some reports of inoperative charging units.

Conclusion:

So, if you are planning to go green on wheels and are willing to purchase an alternative fuel vehicle. Think once which one either hybrid, Plug-in hybrid, or electric vehicle is good for you? It all depends on your circumstances, so doing some planning and market surveys is essential.

If your daily running by car is within the city and not much more range is required, then go for the hybrid. A hybrid is a better alternative to a petrol or diesel car, for short trips and city movements.

A plug-in hybrid is an excellent route to a pure electric car, only you must plug it in, before your drive.

The pure all-electric car is the best alternative fuel vehicle with many new technological advances, government rebates, and support.

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