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October 13, 2021
According to statistics, there is over a 2.6% increase in electric car sales every year. Thanks to zero fuel cost and non-emission of EVs. Thus, we are expecting more Americans to buy these vehicles that are economic and environmentally friendly in the long run from time to time. But does the functionality of these vehicles live up to the standards? HomeOps Electric, your nearby EVSE installers, will help you get a more comprehensive glance at the pros and cons of electric vehicles (EVs). Let's dive in!
Comparing the cost of electric cars with similar-sized such as Nissan Leaf and Honda Civic, which car is more environmentally friendly and spares some extra earned bucks in your pocket? Here is a comprehensive overview:
Though prices continue to be subsidized, EVs cost about $ 10,000 greater than gas-powered vehicles. This is well-evident by comparing the price of a Leaf and a Civic, which cost $ 29,900 and $ 19,640, respectively. However, some other states attempt to loosen the strings to no success.
Electric cars' value declines quickly, noticing a significant depreciation hit when driven out of the lot. This pushes most people towards leasing and purchasing used vehicles. Typically, there’s a $ 5,704 annual ownership drop of AAA compared to $ 2,114 of gas-driven counterparts. Based on durability, EV durability is not yet proven, but battery replacement cost remains high, leaving a reason for purchasers to pause purchasing these vehicles. However, securing the best EV charging station installation can be a great way to increase the life span of these batteries.
Electric vehicles may appear expensive on the initial purchase. However, they’re relatively cheaper to fuel, with a cost of about one-third less per mile of power. In terms of dollars, it costs approximately $ 600 per annum to power a Leaf, unlike $ 1,050 to fuel up a Civic. It may take longer to charge an electric vehicle than to fill up a gas tank. Generally, most chargers can take about 8-12 hours to charge a 120-volt electric vehicle. However, relying on the best EVSE installers for EV charging station installation can lower the charging time to 3-6 hours with a stable 240-volt installation. In addition, there are available DC fast-charging stations at offices, restaurants, and apartments that can shorten the charging time by up to 30 minutes.
Automatic technology is great but not as usual as it should be. It has no tailpipe that ensures zero emission mood of EVs, pulling the heartstrings of the environmentally and health-conscious. Nonetheless, heavy-laden batteries outbalance the environmental advantages for many. These batteries are difficult to recycle compared to gas-powered cars. This presents ecological concerns. Specifically, cobalt is a primary ingredient in lithium-ion batteries that raises ethical issues when mined by children in underdeveloped countries under unsafe conditions.
Securing a top-notch EV charging station installation will create a happy automobile family. It minimizes the charging time and ensures safety and stable transportation. Move with the trends! Transit to the next era of electric vehicles with the help of HomeOps Electric.