When most people think about electric vehicles (EVs), Tesla or Prius probably come to mind first. However, many other car companies including Mercedes-Benz, Audi, Jaguar, and BMW are realizing that it’s necessary for them to provide their customers alternatives, as consumers around the world are switching to more environmentally-friendly vehicles.
Why Use an Electric Car?
Electric cars have many advantages. Other than lowering carbon emissions in our atmosphere, they also reduce noise pollution as well.
This opportunity is already significantly changing the transportation industry, and will only continue to guide its development. You may have already noticed a rise in the presence of EV charging stations in local parking lots, especially in priority locations. This will increase the convenience of charging vehicles while on-the-go for consumers, and will in turn lead to more sales of such vehicles.
Many companies are beginning to shut down their development of traditional cars. Porsche recently committed to 100% electric cars by 2030.2 China is currently the world’s largest car market, and they expect purchases of EVs to continue to increase.
How Does an Electric Vehicle Work?
Electric Vehicles are powered by rechargeable batteries. Unlike traditional cars they do not contain an internal combustion engine, and therefore do not require fuel to function. The concept of regenerative braking also allows the batteries to be charged when the brakes are use in the car. This will not fully charge the car, but it will extend the length of a charge.1 Therefore, cars must still be charged at charging stations, rather than gassing up a traditional car. Don’t expect a quick turnaround though, it can take up to 52 hours to completely recharge an electric car.
Although you may not have been converted to the use of an electric car yet, you may have one in the near future, as researchers have projected that over 90% of all vehicles in the US, Canada, and Europe will be electric by 2040!3