It is no longer a latent fact that we are witnessing one of the most important and promising shifts in the automotive industry. Switching from gas vehicles to electric vehicles (EVs) is the new beginning of sustainable and renewable energy.
Everyone is aware of the drawbacks of fossil fuels and what direct impact they have on the environment. The government and UNESCO have launched several policies globally to minimize the usage of internal combustion engine (ICE) vehicles.
Through this article let’s take a deep dive and understand the rise of vehicles and how it has potential to revolutionize the automotive industry. Also, learn about Client Management by reading this article.
For some the concept of EVs might be new to them due to sudden upsurge in its demand. Although the idea of electric vehicles has been popular since the 19th century but got lost with the idea of more powerful gas vehicles.
During the turn of the 20th century, horses continued to be the main means of transportation. However, when America became prosperous, they started developing their own automobiles.
Over the time it was Henry Ford who introduced a gas car that was available for around $700 whereas the electric vehicle cost $1800. And America’s transportation network had improved by the 1920s, and people were eager to travel and see new places. The discovery of Texas crude oil made gas affordable and accessible for Americans, and gas stations started to appear all across the nation.
This was the reason behind the sudden popularity of petrol vehicles but after almost a century where we are facing a shortage of fossil fuels and prices of petroleum are soaring high. The general public has shifted towards electric vehicles due to economic investment options.
With the support of technological developments, the electric vehicle (EV) market is gradually gaining momentum and going mainstream. Rapid advancements in EV technology are opening up new opportunities for environmentally friendly transportation due to advancements in battery technology, charging infrastructure, and affordable prices.
The EVs have introduced:
With the launch of commercial products for vehicle-to-home (V2H) that allow EV owners to power household appliances and keep the lights on during a power outage these capabilities, are moving from industry vision to market reality.
Soon we might also witness wireless charging in EVs as with the help of electromagnet. All things considered will make EVs more economical, quicker, more ecologically friendly, and smarter. Over the next years, EV drivers could expect further advancements in EV charging technology and an increase in speed and security features.
One cannot ignore the significant impact of EVs on the environment, the following benefits are:
These were some environmental benefits of owning an EV but they also have some economical uphold as well.
Due to these benefits, EVs are becoming more viable options for the public and their demand is in upsurge.
The future of electric vehicle seems to be promising as new innovations keep being added. People are getting more environmentally conservative and switching from petrol/diesel vehicles to electric.
Moreover, in terms of the cost incurred on fuel, it is much cheaper in electric variants compared to gas vehicles. Electric vehicle owners can freely keep their cars without servicing for months and they don’t have to worry about engine seizure or changing oil regularly.
Overall, there are multiple benefits of owning an electric vehicle and in many countries, the government provides subsidies in buying electric vehicles.
As in recent years we are witnessing a transformative shift to electric vehicles, it can be said for sure that the future of the car industry is going to be promising and full of advanced technology. As we are witnessing self-driven cars, automatic navigation, and a lot more interesting technology, embracing and adopting such changes is worth the investment.
This will ultimately lead to a better and more sustainable environment for the upcoming generation.
EV cars have lithium phosphate batteries making their lifespan limited. Generally, an electric car battery lasts around 10-20 years.
Tesla, BMW, Volkswagen, and TATA are some of the renowned electric car makers.
High charging time, limited coverage, fewer charging stations, and low power are common limitations of EVs.
