Ever since their inception electric vehicles always seemed like the perfectly logical next step in the development of the automotive industry. However, due to various limitations, the general public got the impression that this tech is simply not capable of delivering the results necessary for seamless day-to-day usage.
However, the tech is, admittedly evolving really fast, the environmental issues are just as relevant as ever, and the recent European crisis got everyone pretty skeptical about the long-term prospects of fossil fuels.
Both these factors give us a perfectly good incentive to take a fresh look at the current state of the EVs and see how they compare to their traditional gas-powered cousins.
That’s right, let us start with the big elephant in the room here – the price of getting you and your family from point A to point B. Well, speaking in these terms is very uncertain since the prices tend to fluctuate on a seemingly daily level, but if we take a look at some average numbers we will see the EVs take an obvious win here. If take Australia as an example of a developed country we will see that using the EV in the Land Down Under will save you approximately $1,500 per year which is not something we should easily disregard. Still, the rising prices of fossil fuels should make this gap even more pronounced soon.
Up until recently one of the main concerns regarding the EVs was the dreaded battery range keeping you strained as soon as you roll the car out of the garage. Well, the situation was much exaggerated back then and this concern is even more unfounded these days. The latest gen of EVs is capable of easily traversing about 275 miles in one run with charging the battery to 100% taking no more than 30 to 45 minutes. That makes crossing great distances incredibly easy. Still, we should point out that EV infrastructure is not developed in all corners of the world which is something to keep in mind.
This is another instance where the EVs have gotten a lot of undeserved bad rep due to misinformation. The real truth is that electric vehicles feature far fewer mechanical parts than traditional fuel-powered cars. And, as every experienced driver knows, fewer mechanical parts means fewer things to worry about. As for the regular maintenance, the things are pretty much the same. If we once again take Australia as an example, we will see that a professional e-safety check in Sydney or any other big city will be able to cover all traditional duties like brake replacement, wheel alignment, and similar maintenance tasks.
Now, let’s see how these vehicles behave when we take them to the road. This is somewhat of a moot point since the overall performance impression may vary depending on your expectations and fuel-powered vehicles are still where spearheading trends are taking place. But, if we put the discussion in the traditional day-to-day use framework we will see that EVs are having a clear advantage in terms of instant torque, effortless braking, high maneuverability, and the ability to effectively eliminate idling. The fuel-powered cars are able to achieve similar performance, but only in the top-tier and premium price ranges.
The price of the vehicle
Last but not least, let us quickly cover the factor that will probably have the biggest impact on your purchase decision and that is the price of the vehicle. Now, the fact remains that, mostly due to the price of the Li-Io batteries, the electric vehicles still feature a higher average price than fuel-powered cars. Still, the government subsidies are doing a lot of heavy lifting to make this situation more bearable. For instance, the incentives issued by the Romanian government are bringing the price of the locally made Dacia Spark to 7,700 euros which is dirt cheap. So, this one really depends on the country you currently live in.
Now, when all is said and done, do electric vehicles make a worthwhile investment in 2022? We say, yes. Granted, the value you are going to get from these cars will largely depend on the location where you live, the local EV infrastructure, and national green incentives. But, as far as the technology goes, the EVs are the vehicles of the feature and they are outpacing fuel-powered cars in almost every sensible regard. The odds will only work more in the favor of the EVs as time goes by.