Some of the top EV automobile markets around the globe – Why are they growing
Going green has become a huge motivation for most people today, and for a good reason.
One of the major changes people have adapted to is switching from fuel-powered vehicles to electric Vehicles. As the name suggests, these vehicles run on a battery that’s powered by electricity and can cover a range of up to 480 km.
Who Are the Market Leaders?
All major car companies are drifting towards creating electric vehicles, mainly because they need to keep up with the demand of their customers. While Tesla takes the lead when it comes to EVs, brands like Volkswagen, BYD, and Stellantis are catching up.
Some of the most popular EV models include the Tesla Model 3, Stellantis all-electric Jeep, Volkswagen ID. 4, and the Chevrolet Bolt EV. These car models are impressive futuristic pieces of art. Many of which are so advanced that they resemble what we would imagine a spaceship to look like and perform. When one used to think about the future of automobiles, it would bring to mind Sci-Fi like technology seen in movies like Star Wars and futuristic themes seen in casino games like the reactor slot. But the future is already here with these new vehicles, which have features and performance stats one couldn’t even imagine.
eEnergy Efficiency
Purely electrically powered cars are known as EVs. Rechargeable batteries power the electric motor(s). EVs provide some benefits compared to traditional automobiles: Over 77% of the grid-supplied electricity is transformed into usable mechanical energy by electric vehicles at the wheels. If you compare them to their fuel counterparts, only around 12 per cent to 30 percent of the energy in gasoline is converted to power.
Enhanced Performance
While this might surprise many, EVs tend to perform better than fuel-powered vehicles. This is because there’s no fuel to burn and no heat that’s generated in turn. The electricity that powers the battery sets the car into motion, delivering a smoother, better-performing vehicle that doesn’t make any rumbling sounds even when aging. If you were under the impression that an EV can’t travel as fast as a fuel-powered vehicle, it’s time to test drive one to see how fast these cars can go. New-age EVs can surely give those fuel-consuming vehicles a run (or, in this case, a drive) for their money.
Safer for the Environment
People switch to EVs mainly to contribute towards a greener planet, since they have no emissions, they are highly beneficial for the environment. These emissions, which fuel-powered vehicles release, are harmful to the environment because they release large amounts of carbon dioxide into the atmosphere. This contributes largely towards global warming, which is a major concern. The more EVs on the road, the lesser the emissions.
How Could the Market Improve?
Recharging Time and Infrastructure
Despite improvements, EVs still have a far shorter range than most conventional automobiles. On a single charge, most electric cars can go more than 100 miles, and some can travel up to 200 or 300 miles. In comparison, most conventional automobiles have a range of around 300 miles on a full tank of petrol, and there will be far more gas stations than charging stations along the route.
Unfortunately, there are still areas where these stations are in little supply, making the decision to use them less than ideal. In addition, the vehicles have a long charging time, which might be an inconvenience if you need to use one in a hurry but haven’t charged it in advance. Automotive manufacturers are working to solve these problems so that EVs are a more appealing option.
Limited Driving Range
Since there aren’t too many options to power up your EV when you’re away from home, people who travel long-distance regularly are in jeopardy. What if the charge runs out, and they’re stranded in the middle of nowhere with no access to a charging station?
Although some cars offer a higher range that car goes 480 kms on a single charge, there are also a few affordable ones that only travel about 200 kms. This isn’t feasible for someone who wants to take a road trip or travel to a different city for work or personal commitments.
Conclusion
The future of transportation will be electric cars. The auto industry is making a greater push to convert to electric automobiles. With the correct features and infrastructure, electric vehicle ownership has several advantages. Given all the benefits, don’t just think; make the leap to electricity!
