In recent years, electric cars have become increasingly popular. As the technology behind electric cars continues to improve, more and more people are considering the switch from traditional gasoline-powered vehicles to electric cars.
However, before making the switch, there are some pros and cons that should be taken into consideration. Let’s look at the advantages and disadvantages of driving an electric car.
10 Pros of Driving an Electric Cars
The most obvious advantage of driving an electric car is the fact that it is much more environmentally friendly than a gas-powered vehicle.
Lower Maintenance Costs
One of the biggest advantages of owning an electric vehicle is that they require much less maintenance than traditional gasoline-powered cars.
There are fewer moving parts in electric vehicles, so you don’t have to worry about changing oil or spark plugs or other regular maintenance tasks. This means you can save a lot on repair costs over time.
Zero Fuel Cost
Since electric vehicles can be charged only from the power you supply, there is no need to ever buy gasoline again. The skyrocketing cost of gasoline makes it difficult to afford a car these days.
When compared to the five cents a mile that many electric cars can get by on, the cost of operating a gas-powered vehicle in the United States is far higher. The cost of electricity is often lower than the cost of gasoline.
The cost of solar panels may be reduced even further if most people use them to charge their vehicles in the garage, which in turn reduces the cost of electricity for the entire house. By switching to an electric vehicle, you may save yourself $2,000 to $4,000 a year on gas.
Reduced Environmental Impact
Electric vehicles provide a way to reduce your carbon footprint by eliminating emissions from burning gasoline or diesel fuel.
By switching to an electric vehicle, you can do your part to help reduce air pollution and greenhouse gas emissions that contribute to global warming.
Plus, many areas offer incentives for those who switch to green transportation options like electric vehicles.
Lower Fuel Costs
Another benefit of electric vehicles is that they use much less energy than traditional combustion engines, which means lower fuel costs over time.
On average, it costs about one-third less per mile to power your electric vehicle than it does to fuel up at a petrol station every week.
Plus, with government incentives such as tax credits and rebates, you may be able to get even bigger savings when you purchase an EV.
Absolutely Zero Emissions
The electric vehicle’s primary benefit is the positive environmental impact it can have. Electric vehicles are completely eco-friendly since their motors are driven by electricity rather than gasoline.
Because it uses renewable energy, it doesn’t contribute to pollution by producing harmful byproducts. Because gas-powered hybrids still emit pollution, they are even better. To put it another way, you’ll be helping to maintain a clean and sustainable environment.
Lower Insurance Rates
Another bonus of driving an EV is that insurance companies typically charge lower rates for electric cars since they are seen as being safer than their gasoline-powered counterparts due to their advanced safety features and lack of engine noise.
It can result in significant cost savings over time if you choose an EV over another type of car.
More and more people are opting for EVs. As stated on Wikipedia, its efficiency is roughly three times that of conventional automobiles.
To keep up with the demand, manufacturers are always releasing innovative and novel vehicle models for consumers to choose from.
Electric vehicles offer superior performance compared with traditional combustion engines thanks to their powerful motors and advanced technology, such as regenerative braking systems, that recapture lost energy while slowing down and storing it in the battery for later use.
It helps improve acceleration and overall performance while also increasing range and efficiency in some cases.
Benefits of Tax Credits
The possibility of receiving tax credits is another significant advantage of buying an electric vehicle. Up to $7,500 in tax credits are available, per the US Department of Energy’s website. To qualify, your vehicle must be either fully electric or a plug-in hybrid and be manufactured after 2010.
If you want a more substantial reduction in your taxes, a tax credit can help you more than a deduction would since it is applied directly to your tax bill. That is, if your tax bill was $10,000, you could reduce it by up to $7,500 and pay only $2,500 instead.
The tax credit has a maximum value, so don’t exceed it. Therefore, if your tax liability is less than $2,000, you will only be able to claim a credit of up to $2,000, regardless of how much your actual tax liability is. It’s not a one-to-one relationship, but deductions do reduce your taxable income and hence your tax liability.
Safe to Drive
In order to ensure that electric cars are safe and reliable, they are subjected to the same rigorous testing as their gasoline and diesel equivalents.
Because of their reduced weight and center of gravity, electric vehicles are significantly less likely to roll over in the event of an accident.
When an accident happens, the airbags deploy, and the battery’s power is shut off automatically.
You and your passengers may avoid suffering life-threatening injuries as a result. In the absence of any kind of flammable gas or fuel, they are even less likely to explode.
5 Cons of Driving an Electric Car
There are a few downsides to electric cars that you should be aware of before investing in one. Let’s take a look at the five cons of electric cars.
High Initial Cost
The biggest downside to electric cars is the initial cost. Although some models may be cheaper than their gas counterparts, most electric vehicles will have a higher price tag.
This high initial cost can be prohibitive if you are on a tight budget and cannot afford to upgrade your car right now.
Plus, even though electric cars tend to save money over time, it might take longer than expected for that savings to kick in and make up for the upfront costs.
Most electric cars have a range of around 200 miles per charge—which can be enough for most daily commutes—but it isn’t always enough for long road trips or other extended drives away from home or an available charging station.
It means that if you do choose an electric car, you might need to plan ahead more carefully before embarking on lengthy journeys and consider having multiple charging locations along your route as backup plans in case your battery runs out prematurely.
Electric car batteries take quite a while to charge fully—especially compared with how quickly you can fuel up at a gas station pump.
Depending on the model, it could take anywhere from 8 hours up to 24 hours or more just to get enough juice into the battery for 200 miles of driving range.
It can be inconvenient if you’re planning on taking a road trip but only have access to slow-charging outlets.
In such cases, it might be necessary to find alternative transportation while your vehicle charges up again so that you don’t end up stranded with no way out when your battery dies halfway through your journey.
Limited Charging Locations
Not every area has plenty of charging stations available—or any at all.
It means that if you’re looking into buying an electric vehicle, it’s important to research where exactly those stations are located beforehand so that you won’t get stuck without any available power sources when needed.
Furthermore, not all charging stations offer fast-charging capabilities; some may only provide slower speeds. It means spending several hours waiting around while your car charges up enough for another 200 miles of range.
That’s why it’s important to know what types of chargers exist near where you live before investing in an EV.
Replacing Batteries Is Costly
While electric vehicles often require only minimal maintenance, you should plan on replacing the battery pack at some point.
Though it’s important to note that the cost of doing so has reduced dramatically in the past several years to around $6,000, it may still be rather pricey.
Investing in an electric car can be a great benefit to the environment and your wallet. These cars have fewer emissions and run more efficiently than traditional combustion engines, so you can save money on fuel costs as time goes by.
On the other hand, there are some drawbacks that must be considered before investing in an electric car.
Since these vehicles rely on electricity, you’ll need access to charging stations or outlets if you intend on using your car for long distances or on regular trips around town. There’s also a much higher upfront cost associated with electric cars.