Reasons You Should Choose An Electric Car

Eclectic cars are a thing, like it or not, and if you haven’t heard about them, then you might be living under a rock! 

Countries across the globe have started to adopt and encourage the use of electric vehicles (EVs). For instance, the Indian government provides many incentives to those buying electric cars, like tax incentives. Moreover, the cars themselves come with built-in incentives such as zero emissions, no need for fueling at petrol pumps, and a noise-free, vibration-free ride, among others.

If you look at the history of electric car development, initially the industry did not gain quick popularity. High costs, short battery life, low speed, and far fewer environmental benefits meant that these cars were not that popular, until recently. 

In the last decade, there has been a considerable rise in interest in the EV industry. Original equipment manufacturers (OEMs), consumers, and government authorities have pushed for massive developments in EV and battery technology. 

Some excellent collaborations have been made in recent years and the outcome? Sale of millions of electric vehicles in numerous nations and the hope of a greener planet.

Continue reading to learn more about the reasons why you should choose an electric car over others. 

6 Reasons to Invest in an Electric Car

It is safe to say that electric cars represent the future of driving and transportation as developments continue in the industry. 

So, if you are looking for reasons why you should choose an electric car, this blog will help you make an informed decision. 

In recent years, some major companies have come up with innovative electric cars. Some well-known names in the EV industry, in India and abroad, include:

• Tesla
• Tata Motors
• Mercedes-Benz
• Hyundai
• Morris Garage (MG)
• Renault
• Audi 
• BMW and many more.

Benlow-mentioned is some reasons to invest in EVs: 

1. Electric cars offer tax advantages

With India’s adoption of electric cars, the government has released numerous incentives to promote their use. For example, electric cars have lower registration and road taxes than vehicles with internal combustion engines (ICEs).

According to the budget proposal for 2021, after 15 years, personal automobiles would be subject to a ‘green tax.’ Whereas, electric and hybrid vehicles will be exempted from it.

Did you know that if you buy an electric car in India that is registered in the name of your company, you may benefit from 40% depreciation during the first year?  Additionally, you can enjoy additional tax advantages of up to Rs 1.5 lakh, under the government’s recently implemented EV policy.

2. Electric cars mean reduced operational expenses

Buying an electric car is a smart idea. It enables you to save a lot of money on fuel as you don’t have to pay for expensive fuels like gasoline or diesel.

If you consider the rising cost of fuel such as petrol, diesel, or CNG, the cost of charging an electric car will leave you in splits. Besides, you have options to further reduce the cost of charging by using greener energy sources, such as solar energy, to charge your electric car.

3. Reduced maintenance expenses

Considering the many moving components a gas, petrol, or diesel-fueled car contains, it requires routine maintenance checks. Today the driving belt could cause an issue; tomorrow, the piston may get jammed, among many other issues. 

On the other hand, electric cars have fewer moving components. This means that your electric car will most likely have cheaper long-term maintenance costs, which means you get to enjoy considerable cost savings in the long run. 

4. Improved vehicle performance

Earlier, electric cars were thought to be an impractical option—high price, low drive-time and expensive charging. However, this has changed over time with advanced technology. Today, you will find several well-designed and attractive EVs available on the market.

Electric cars weigh less and deliver superior acceleration (equivalent electric motors have more thrust and torque than most ICEs) when compared to ICE vehicles. Moreover, electric vehicles wield more power in each wheel, in the least time, than cars with ICEs. 

The fastest ones in the market can throw a mobile phone from the dashboard into the backseat if accelerated considerably—thanks to the magic of instant torque EVs deliver. 

5. Increased eco-friendliness with reduced carbon emissions

Global warming and climate change’s adverse consequences are escalating. As EVs have zero tailpipe emissions, it ultimately benefits the environment as it reduces carbon emissions. 

If you switch to electric cars, like millions of others are, it will help India avoid roughly one gigaton of CO2 emissions by the end of 2030. 

Our planet is in desperate need of alternative green energy. With the vast number of automobiles and industrial usage of non-renewable fossil fuels, switching to cleaner energy has become the need of the hour.

If you wish to leave a planet worth living on for future generations, it’s time to cut your reliance on fossil fuels. This is where a “zero-pollution” fuel choice like electric power makes the most difference. 

6. Excellent driving experience

As electric cars do not have gears and ICEs that vibrate and produce sounds, they provide a superb driving experience (although many people enjoy the roar and hum of the ICEs). 

With EVs, you don’t have to deal with confusing engine settings or controls either, since most EVs are automatic transmission machines. All you need to do is simply accelerate, brake, and steer to stay in control and enjoy a quiet, comfortable, secure, and noise-free ride.

Numerous studies [1] have found that vehicle noise may cause a variety of harmful effects, including heightened anxiety, depression, elevated blood pressure, and so on. 

So, another major advantage of driving an electric vehicle is that it produces less noise. In comparison to ICE cars and their exhaust systems, the motors used in electric cars are extremely silent. 

7. The convenience of charging batteries

Electric cars use electrical energy to charge their batteries. Whereas, with ICE cars, that is not the case as they use fossil fuels such as CNG, petrol, or diesel to run. 

To make it easy for EV owners, numerous battery charging stations are being developed in the country. 

So, consumers will be able to charge their EV batteries at a local station instead of wasting time in huge lines at CNG or gasoline stations. 

Additionally, EV users might even be able to charge their batteries at home using charging equipment and a correct setup.

Stay Future Ready With Electric Vehicles

Electric vehicles are the way of the future. Manufacturers are making greater efforts to drive the transition from conventional automobiles to electric ones. Now that you know the many advantages of owning an electric car, you can start exploring your options. If the sales numbers of electric cars are any proof, then there’s never been a better time to buy one. 

While you are at it, if you are looking to finance your purchase of an electric car, you can explore car loans from reputed lenders such as Piramal finance. We offer a hassle-free process for securing different types of loans, including personal and car loans. You can help fulfil your many needs using such loans. So don’t wait; consider going the EV way today!