In short, yes, they are. Investing in an EV could be one of the smartest decisions you could make when it comes to choosing a sustainable transportation solution.

From saving money on running costs, to reducing your carbon footprint, let’s explore the many benefits of EV ownership – for you and the planet.

Lower running and maintenance costs

Because EVs run electric drivetrains rather than complex internal combustion engines, there are fewer things that can go wrong, break down or need costly repairs. In fact, Kee Resources data reports that EVs are around 30% cheaper to service and maintain than fuel-powered cars.

In terms of fuel, EVs are much cheaper too, especially in the advent of rocketing global fuel prices. While the cost will vary depending on the EV model and where and when it is charged, according to Australia’s Electric Vehicle Council, powering an EV is around 70% cheaper compared to ICE-powered cars, saving EV drivers around $1,600 in fuel costs each year.

Easy to drive

Driving an electric car is a smoother, quieter, and easier experience all-round. They are automatic so no gear changes are required, there is no noisy transition shift, and a lower centre of gravity makes for better handling and a more comfortable drive.

EVs run on an electric motor which delivers instant torque. This makes all the power of the car immediately available to you without running through gear changes. With fewer components and moving parts than ICE cars, EVs use their horsepower more efficiently, making them more nimble and powerful.

Cleaner driving that is kinder to the environment

There are many ways in which EVs can help you positively impact the environment for a more sustainable future. It’s estimated a typical passenger vehicle emits 4.6 metric tonnes of CO2 a year, so switching to an EV will reduce your greenhouse gas emissions[AW1] . This is good for the planet and good for human health.

What’s more, electricity is a renewable energy source, and will not expend limited fossil fuel resources. The European Energy agency conducted research that showed even taking into account electricity generation, an EV’s carbon emissions are still around 17 – 30% lower than those of a petrol or diesel car.

The ACT is well on its way to reaching its 2045 zero emissions target, having surpassed its 2020 target of 40% by an extra 5%. With more drivers making the switch to electric vehicles, the territory will soon be embracing a cleaner, greener future.

Summary

  • EVs are demonstrably worth the initial financial investment.
  • EVs have 30% lower service and maintenance costs than regular cars.
  • EVs are quieter, smoother, and often more comfortable. And with instant torque, they can often deliver a better overall driving experience.
  • By reducing CO2 emissions and using renewable energy, EVs are better for the environment and human health.

Are you considering making the switch to an electric vehicle? ActewAGL can help you effortlessly find, finance and charge your EV. Discover how ActewAGL can support your transition to sustainable driving today.

Sources

https://www.buyacar.co.uk/cars/economical-cars/electric-cars/650/cost-of-running-an-electric-car

https://www.carsguide.com.au/ev/advice/do-electric-cars-actually-save-you-money-83060

https://www.epa.gov/greenvehicles/greenhouse-gas-emissions-typical-passenger-vehicle

https://www.eea.europa.eu/publications/electric-vehicles-from-life-cycle

https://reneweconomy.com.au/act-beats-2020-emissions-reduction-target-achieving-45-pct-cut-since-1990-1990/