Benefits of electric Vehicles
Electric vehicles offer a huge range of benefits, especially when compared to conventional internal combustion engine (ICE) vehicles. Some of the benefits include:
- Lower operating costs
- Higher efficiency
- Lower maintenance costs
- Greenhouse gas emission reduction
- Air quality improvements
- Reduction of traffic noise
- Employment benefits through the use of domestically produced electricity
- Feels like any other car to drive
- Less vibration while driving
- Exemptions from stamp-duty and Reductions in registration fees.
- GST on electric vehicles from 12% to 5%.
- Tax Benefits: Tax incentive on electric carloans. This amounts to a benefitof around ₹2.5 lakh over the loan period to the tax payers who take loans to purchase electric vehicle.
Low operating cost
Owners of an EV have the advantage of much lower running costs. The electricity to charge an EV works out around a third as much per kilometre as buying petrol for the same vehicle.
Low maintenance cost
Battery electric vehicle has a less moving parts than a conventional petrol /diesel car. There is relatively little servicing and no expensive exhaust systems, starter motors, fuel injection systems, radiators and many other parts that aren’t needed in an EV.
Environmental Benefit for Society
Electric vehicles reduce the amount of gasoline we burn and are less costly to maintain, among many other benefits:
- Reduced Operating Emissions:The emissions associated with the electric drivetrain of plug-in electric vehicles come from power plants generating electricity to charge the batteries and not from tailpipe emissions. Additionally, from well to wheel, electric vehicles emit approximately 66 percent less carbon dioxide (CO2) compared with internal combustion vehicles. CO2 is the principal gas associated with global warming.
- Water Quality Preservation: Decreased use of petroleum gasoline and motor oil means fewer spills and pollution to oceans, rivers and ground water.
- Reduced Noise: In addition to being cleaner, electric vehicles are quieter than gasoline-powered vehicles, resulting in less noise pollution.
- Renewable energy: If you use renewable energy to recharge your EV, you can reduce your greenhouse gas emissions even further. You could recharge your EV from your solar PV system during the day instead of from the grid. Another idea is to purchase Green Powerfrom your electricity retailer. Then, even if you recharge your EV from the grid, your greenhouse gas emissions are reduced.
Additionally, more than two-thirds of the electricity PG&E provides comes from sources that are either renewable or emit no greenhouse gases. That’s why by choosing to drive an electric vehicle, you are helping to reduce pollution.