An Electric Vehicle (EV) is referred to as a car that works on one or two motors that use the energy from the rechargeable batteries. Compared to the Internal Combustion Engine (ICE) cars, EVs do not make much noise and have lower emissions overall. Nowadays, people are considering EVs instead of ICEs as it has lower maintenance costs and is environmentally friendly. So these are a few points which one should consider before buying an electric vehicle.
1. Costs: First of all, Electric Vehicles (EVs) are not cheaper as compared to ICEs. There is a significant difference in the price range of EVs and ICE. For example, a Nexton from Tata Motors starts at around $10,000, but the Nexon EV starts at $19,000, and it is similar to the other brands as well. The price is much higher than the regular vehicle but if one is thinking of keeping it for a long time then it’s worth buying, as its running and maintenance costs are significantly less. Also, the mileage for EV is more than ICE for a charge equivalent to a gallon of gas. So considering the long-term benefits, it's worth buying an EV.
2. Infrastructure: The infrastructure of the EVs is not consistent with that of the ICEs. It gets upgraded repetitively in the major cities and according to time in the other cities. The first-time car buyers can jump right in at a consequent time. Now, however, with more than 350 new features-laden EV models to debut by 2025, with ranges that increasingly top 200 miles, these attributes pose less of a hurdle. If consumers purchase EVs at the expected rates in the next five to ten years, a lack of charging infrastructure could become an obstacle to EV adoption. So considering the infrastructure it's a little dicey to buy an EV for a long time period.
3. Range: The question related to the range is increasing globally. The question is “How many miles can an EV run on a single full charge?” The answer to this question is that it depends on the type of battery used in the car. Different batteries give different ranges. However, Lithium-Ion being conventional and cost-effective is leading the race. It also depends on whether one uses it for the daily commute, performance, or a long-distance haul. Tesla’s Model S with the Lithium-Ion battery has a whopping range of 402 mi on a single complete charge. Most of the EVs have a range of 150 to 250 miles while some of the luxury models range up to 400 miles. The range of EVs is getting better and better as new models hit the market. So in the near future, it is quite probable of getting better EVs with a long-range.
4. Charging Station: It is also called as electric recharging point, Electronic Charging Station (ECS) and Electric Vehicle Supply Equipment (EVSE); a machine which is used to recharge the batteries of EVs. In major cities one can find such stations with the same frequency as that of a gas station. Also, EVs can be charged at home as like other electrical appliances as it requires a normal charging socket. If electricity costs $0.13 per kWh and the vehicle consumes 33 kWh to travel 100 miles, the cost per mile is about $0.04. If electricity costs $0.13 per kilowatt-hour, charging an EV with a 200-mile range (assuming a fully depleted 66 kWh battery) will cost about $9 to reach a full charge.
5. Maintenance: The maintenance cost of EVs is comparatively less than ICEs, that is the top reason why EV’s are preferred over ICE’s these days. The components that require maintenance are the electrical system which includes the battery, the motor, and the associated electronics. The only problem faced is finding a technician who knows how to repair and maintain EVs. But as the popularity of EVs is increasing, so will the number of skilled professionals in the upcoming time.
6. Battery Life: Batteries in EVs are designed for extended life, but will wear out eventually. Depending on its usage, a normal battery works for a minimum of seven years. Also, it depends on factors like weather conditions, vehicle type, and driving habits. The regenerative braking system recovers energy storing it again in the battery and so improves the car range. The batteries used are Lithium-Ion which have a higher energy density than the typical lead-acid or nickel-cadmium rechargeable batteries. As such batteries last for a longer period, it will automatically reduce the maintenance cost. According to a recent study conducted by Cox Automotive, an electric car’s battery pack should last considerably longer than 100,000 miles.
So these few points can be considered before buying EVs, even though there is a long list, these are some of our highly curated based on what people actually think while purchasing.