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Why Is E-Car A Good Second Investment?

And since the house is the first investment of a person, the vehicle is the second. And because buying a car is expensive, you need to be wise and resourceful in everything. One of these is your considerations when choosing a car, whether you go for a manual, automatic, or electric car.

What is an e-car?

An e-car is a battery-electric vehicle also called BEV or EV. These cars are fully-electric vehicles with rechargeable batteries and there is no gasoline engine. All energy that runs the vehicle comes from the battery pack, recharged from the grid. An EV can’t be propelled by gasoline.

An e-car draws electricity from the battery with a capacity of at least four kWhs and is chargeable from an external source. These electric vehicles have a battery, instead of a gasoline tank and an electric motor rather than an internal combustion engine.

Advantages of buying an e-car

It is cheaper to charge the e-car than to spend money on the gas for a regular car. Electric vehicles have other advantages than powered combustion engines:

  • No fuel is required, you can save money on gas
  • Environmental friendly, it doesn’t emit pollutants
  • Lower maintenance with its efficient electric motor
  • Better performance

3 types of electric vehicles

There are 3 different types of electric vehicles, namely:

Plug-in hybrid electric vehicles. It is combined with a rechargeable high-capacity battery with an internal combustion engine. The battery is recharged through an electrical outlet or charging station. The power is delivered first by the battery and by the combustion engine. It may range from 10 to 40 miles.

Extended-range electric vehicles. An extended-range vehicle ranges 40 miles, an all-electric vehicle with all motive power provided by an e-motor, but with a small ICE (internal Combustion Engine) present to produce additional electric power.

Battery electric vehicles. An EV ranges from 80 to 350 miles. A battery electric vehicle can use one or more electric motors or traction motors for propulsion. All power comes from the rechargeable battery. These cars don’t have a combustion engine.

Choosing the right electric vehicle must consider the following:

  • driving range per battery charge
  • miles per gallon equivalents
  • battery life
  • price

Do electric cars save on gas?

E-car reduces fuel costs because of the high efficiency of e-drive components. All e-cars and PHEVs rely on part or a whole on electric power, the fuel economy is measured differently than conventional cars. Kilowatt-hours (kWh) and Miles per gallon of gasoline-equivalent (MPGe) per 100 miles are the common metrics. It depends on how they are driven and the light-duty all-electric cars can exceed 130 MPGe and drive to 100 miles consuming only 25 to 40 kWh.

HEVs achieve better fuel economy and lower fuel costs than the same conventional cars. One example of a fuel economy e-car is the hybrid, an EPA combined city and highway fuel economy estimating 50 miles per gallon, while the estimate for the conventional car is 35 MPGe.

You may use the “Find a car tool” on fuel economy e-cars to compare the fuel economy ratings of each conventional and hybrid model.

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