For those who have long been debating the merits of electric cars, one of the most talked-about issues revolves around the price tag. Although electric cars have become very popular over the last few years, they still can be expensive to purchase. The problem with electric cars is not the cost per kilowatt-hour, but rather the cost per mile. Most electric cars will only cost you about ten cents per mile to drive, which may not be worth your while.
One of the reasons why electric cars are so expensive is because they do not improve air quality. An electric car, also known as electric vehicles (EV), is a car that utilizes one or more electric motors for propulsion rather than a conventional gasoline engine. In contrast to traditional vehicles, electric vehicles do not release any greenhouse gases into the atmosphere. While some environmentalists applaud the advances made in technology that help collect and divert exhaust fumes, they point out that technology will not be able to continue forever.
Electric cars are also notorious for not charging quickly. As previously mentioned, the technology will eventually allow electric cars to charge very quickly. Unfortunately, the first wave of electric cars did not come to the consumer market until after the turn of the millennium. Since then, new models have come to the market almost every year. Even the latest model from the manufacturer, the Ford Motor Company has had trouble keeping its battery charger in stock!
It is difficult to determine how long it will be before electric cars catch on. The biggest reason for this is the slow growth of battery technology. Some carmakers have already released a series of electric cars, but they are relatively new compared to brand-new models from manufacturers like Toyota and BMW. Many experts expect that we will see an end of battery-powered cars by the end of 2020, or possibly even earlier. The increasing price of gasoline will make it impractical for most consumers to buy one, despite early consumer success.
One of the challenges facing electric cars and their makers is developing an EV that can support the ever-growing demand for “plug-in hybrids” or electric vehicles (EVs). Plug-in hybrids have a battery that can be plugged into the vehicle’s main power source, which in turn charges the battery. The advantage is that the vehicle uses its own power source even when it is running, greatly reducing fuel consumption. Unfortunately, however, the cost of EVs has been very high, causing many buyers to delay purchasing them.
Currently, the electric cars of the future will feature something called “range extender” technology. This technology allows the vehicle to “extend” its battery power when it is running low, by using energy from the onboard motor. In effect, the electric cars run on part electric, and a portion of their power supplied by the motor. The motor in these vehicles will also be smaller than those used in plug-in hybrids, potentially saving as much as thirty per cent of fuel.
Concerns about autonomous driving and the “umbrella” of issues surrounding human drivers being in control of the vehicles have also slowed the adoption of electric cars. Many automobile manufacturers are concerned that with the autonomous capability, autonomous driving could spell disaster for the manufacturer as well as the overall automotive industry. Automakers worry that if autonomous driving becomes widespread, people might sue them, forcing the industry to deal with a multitude of lawsuits related to self-driving vehicles.
Manufacturers of both gasoline and diesel-powered vehicles are concerned that electric cars will reduce their revenues. Diesel carmakers have had trouble transitioning to electric cars because of high costs associated with batteries and charging systems. Automakers have also had to invest heavily in costly infrastructure to support the continued use of diesel. Given the relatively high cost of batteries for electric cars, the carmakers are doubtful that they will be able to make a return on the investment made in recent years.