Why Are Electric Vehicles Becoming More Popular?

If there’s one thing you could swap to lower your carbon footprint, it would be trading in your gas-guzzling car or truck for a smaller and carbon-neutral electric vehicle.

The shift to electric cars hasn’t escaped the attention of billionaire Elon Musk, who is driving further change by making his company Tesla Motors a leader in the electric car market.

For the everyday driver, there are more options for electric vehicles than ever before, and with electric car prices falling, the only hurdle is the owner’s ability to pay for them in advance.

Luxury Cars are Going Electric

Electric cars have been growing in popularity over the last few years, big facility car makers are getting in on the act! In fact, if you want to sell Aston Martin, you could replace it with an electric model Aston Martin in 2025!

Fuel Costs

Electric cars cost very little to run since there is no gasoline or diesel to buy, and even charging an electric vehicle at home can cost you less than $1 per day.

The only thing that might end up costing more than in a conventional vehicle will be maintenance and upkeep, but this is something that will largely depend on how much you use the vehicle. If you drive a lot, then you’ll need to replace components more often, but if it mostly sits in your garage, then the battery will last longer.

How Much Does a New Electric Vehicle Cost?

It can currently cost more than a conventional vehicle, and these higher prices mean that there is a small but significant gap between your savings money and the amount you need in order to get an electric vehicle. Your price could be higher if you buy online and ship the EV home. However, the price of an EV doesn’t always need to be sky high, as there are sites out there that can help to get you a better deal on plenty of different brands

Other Factors that Influence Annual Mileage

If you’re planning on driving the vehicle for more than 5 years, then it will make sense to pay for an extended warranty in case one of the electric components stops working. Even if you use the vehicle only 1,000 miles a year, it’s still a good idea to get an extended warranty as some components can stop working after just 15,000 miles.

Of course, that’s not the only thing that influences your annual mileage. The type of vehicle you own will also have an effect on how far you’ll be able to drive before having to recharge. Since electric cars are much more efficient than conventional vehicles, they need to use less energy as they go.

In Conclusion

Despite the high price of getting into electric cars at the moment, they’re definitely going to be the future of automobile purchases.

In terms of climate change, electric cars are already making a big difference to the environment. In fact, just one car owner who switched from a conventional vehicle to an electric vehicle can save as much as 10 tons of CO2 being released into the atmosphere each year!

This is a great move towards a more sustainable lifestyle that everyone can consider.