A battery-fitted vehicle that runs on
the electricity produced by its battery. This battery is recharged again and
again till the end of its life by electricity or through solar power in our
home or at charging stations made at public places by the government or any
other company.
The main advantage of EV is that it
reduces pollution because it emits no carbon.
EVs don’t require multifunctional motorized
components like they do in gasoline or diesel vehicles. It has very limited
components in any electric vehicle. So, it’s very easy to maintain. It has very
low-cost tear-and-wear maintenance.
Running cost is very low in
comparison to other conventional vehicles running on gasoline or diesel.
Electric vehicles have a long life.
We can get rid of the burden of
the
high price of diesel and gasoline.
It will reduce the transportation
cost, which will affect the price of consumer goods.
It will reduce the dependency on
petroleum or diesel.
Monetarily, how will we be
benefited?
Initially, the purchase price of an
electric or plug-in hybrid vehicle can be higher, but it is usually offset by
lower running costs.
A full Charge Bike can run from 60 KM
to 150 KM. A four-wheeler can run 100 to 300 km on a single charge.
A bike's battery can be fully charged
at home or at a public charging station for only Rs 30-40, while a
four-wheeler's battery can be fully charged for Rs 100-150.Overall expenses for
electric vehicles are Rs 1 per kilometer. The cost can be saved more if we
re-charge it at home at an off-peak overnight electricity tariff.
Due to having fewer mechanical
components in an electric vehicle, its servicing and maintenance costs are very
low.
Now the government is also promoting
and encouraging people to own an EV by giving them a subsidy and omitting
excise duty on most of them.
Some towns and cities offer free
parking for electric vehicles.