With climate change emerging as a top concern for most countries of the world, research on electric cars is accelerating like never before. More manufacturers of automobiles are investing into developing and launching cars that are powered on electricity. These all-electric vehicles are being propelled by motors that are electric in nature, and being powered by battery packs which are rechargeable. Two or more motors can be used to power an electric car.
Electric cars are much more efficient than cars powered by traditional fuels such as petrol or diesel. While these only convert about 17-21% of the energy contained in the fuel to power at the wheels and thus, electric cars are able to convert about 59-62% of the electrical energy from the grid into powering the vehicle.
This enhanced fuel economy makes electric cars a much better alternative to fuel-powered cars. Aside from the enhanced fuel economy, there are several other benefits associated with electric cars that make these vehicles stand apart from conventional fuel-powered vehicles.
Advantages of electric cars
Electric cars do not emit hazardous pollutants from their tail pipes, which is the norm with fossil fuel-powered vehicles and one of the most concerning issues related to them. While the power plant powering the electric city may still emit pollutants, using power from plants powered by solar, hydro and wind power will cause no pollution at all.
2. Enhanced Performance:
As compared to vehicles which operate with internal combustion engines (ICEs), electric cars require much less maintenance. Additionally, their operation is smoother and more efficient and allows for stronger acceleration.
3. Lower Dependency on Energy:
Unlike fossil fuels, electricity is an energy source which is domestic; thereby reducing the dependence of the car on energy sources. This turns out to be less expensive in the long run.
However, along with the advantages, electric cars do also pose several disadvantages that regular fuel-powered cars do not.
Disadvantages of Electric Cars
1. Time taken to Recharge:
An electric car has to be recharged from time to time. However, the time it takes for a complete recharge is substantial since it could take up to a couple of hours. Even a fast recharge that would power up 80% of the battery would take at least 30 minutes, which means optimum use of an electric car would require some scheduling. It is also necessary for the driver to stay vigilant of how much battery is remaining before they undertake long drives, and the need to be prepared. However, the best car insurance can go a long way in avoiding dire situations. Buy Bajaj Allianz Car Insurance, available on Finserv MARKETS, and get access to 24×7 roadside assistance. Regardless of where you are, you can avail emergency services with just one call.
2. Shorter Range while Driving:
Electric cars do offer shorter driving range as compared to conventional fuel-powered vehicles. However, with increasing research and development, the driving range of electric cars are also improving. While previously electric cars could drive only about 160kms on a single charge, newer models being launched can travel upto 320kms or even more.
However, this is a challenge that can be subverted once adequate infrastructure is in place. For instance, like how fuel pumping stations are located every few kms, if similarly electric car charging booths were located on highways and even city roads; electric cars could be driven further. This is expected to come into place once electric cars become more commonplace phenomenon, and when infrastructure for the same becomes a necessity. Once these are in place, it would be much easier for drivers of electric cars to plan long-distance trips in their vehicle.
Electric cars bring to the fore a lot of advantages and disadvantages over conventional fuel-powered vehicles. Their greatest advantage is for the minimal impact they have on the environment. With climate change becoming increasingly more apparent and global warming turning into a reality, the demand for electric cars is expected to rise. However, even when you switch to electric cars, it is important to get the best car insurance which allows you to ensure protection for your vehicle regardless of whatever happens. You can buy the Bajaj Allianz Car Insurance, available on Finserv MARKETS, and avail protection from a range of man-made and natural disasters, with annual premiums starting at just Rs. 2072.
Finserv MARKETS, a subsidiary of Bajaj Finserv, is a one-stop digital marketplace that has been created for consumers on the go. It offers 500+ financial and lifestyle products, all at one place. At Finserv MARKETS, we understand that every individual is different. And that’s why we have invested in creating a proposition – Offers You Value. A value proposition that ensures you get offers which are tailor made for you. We also offer an amazing product range and unique set of online offers across Loans, Insurance, Investment, Payments and an exclusive EMI store. Be it in helping you achieve your financial life goals or offering you the latest gadgets, we strive to offer what you are looking for. From simple and fast loan application processes to seamless and hassle-free claim-settlements, from no cost EMIs to 4 hours product delivery, we work towards fulfilling all your personal and financial needs. What’s more! Now enjoy the same benefits in just one click with our Finserv MARKETS App.