Benefits from Changing Distribution Systems
Electric vehicles can be charged at nearly any location, so the
need for infrastructure can be eliminated or greatly reduced. One example is
solar power. Solar panels on buildings provide electricity which then powers
EVs. It creates lower energy costs for consumers because it does not require
complex transmission lines or other major capital investments. Plus, solar
panels are easy to install and maintain, and they can last forever without
being replaced due to their high levels of durability. Another benefit of
changing distribution systems is increased efficiency. Imagine having a system
that charges everyone's home or business every day of the year, which is much
easier than trying to charge every person's EV every few days or during
peak-times. And finally—and probably most importantly—it's just safer. All the
technology used for producing electric vehicles has been proven to reduce injuries
from collisions. With so many options available, automakers don't have as much
incentive to make reckless mistakes when designing and developing automobiles.
When consumers see that their lives will be saved when swapping out a
gas-powered vehicle for an electric one, they become less likely to drive
themselves into a wreck. A great model of both economic and environmental
efficiency exists: electric vans running exclusively on battery energy rather
than gasoline.
Better
Cost of Ownership
Electric vehicles do not cost anything except for range anxiety
once you've made your purchase. They are still significantly cheaper to own and
operate than standard gas cars. Consider taking out the monthly lease payment
of an older automobile (or something similar), since owning any type of
electric car requires far less attention than its gasoline equivalent. Then add
on maintenance payments and insurance costs, and compare that to a traditional
vehicle. If you prefer driving your car to work—and if that's possible in your neighbourhood
area—you can save hundreds of dollars per year. Since these savings are not
tied to the overall price of the vehicle. And since electric cars have already
been developed and tested, automakers are unlikely to make massive
manufacturing changes. Even so, those savings will only continue to increase
over time, leading manufacturers to create ever greater varieties of vehicles
to appeal to different customer groups. So the next time you need a cheap
alternative to the old tank, go ahead and replace your current one with an
electric one. That way you'll experience the convenience of less time in
traffic jams and more time in the air. You could also take advantage of
discounts offered for buying second-hand through various websites like Car snap.
Or perhaps even finance an electric vehicle yourself by signing up with a
company like Fetcher, who help sell you a "vehicle" free of charge if
you trade someone else's credit in. Either way, whether you're looking for a
way to reduce your pollution footprint or eliminate the stress of constantly
paying for fuel, you can now benefit from the improved performance of electric
vehicles.
More Space for Renewable Energy
Energy use around the globe has risen steadily since 1990. This has caused a significant amount of congestion on our planet, primarily due to the dramatic increase in demand for industrial processes. However, sustainable alternatives such as wind and solar have provided alternatives to fossil fuels for centuries. Not surprisingly, the primary forms in which modern electric vehicles use clean energy include powering internal combustion engines such as hybrid cars; using renewable electricity from rooftop photovoltaic arrays and geothermal heat pumps; or fueling themselves with nonrenewable fuels. As the number of electric vehicles continues to rise as well, the automotive industry will soon be forced to build new facilities for renewable energy. Manufacturers have responded to this with increasing efforts to produce large amounts of electric charging infrastructure for drivers to plug into. These developments are occurring across Europe, particularly in Germany where authorities have begun converting large swaths of public roads and parking lots into publicly accessible green spaces for residents of surrounding communities. By offering a park-like environment, cities and municipalities could significantly cut down on their carbon footprints.
Aside from making the move a lot easier for local
residents, building these parks will allow companies operating within them to
increase revenues. While it isn't clear yet how lucrative these types of
development projects will be, existing research suggests that there could
potentially be $7 trillion worth of investment in sustainable energy worldwide
over the next 10 years, according to the International Energy Agency.
Furthermore, given the potential of growing interest in the emerging greener
future, it's certainly feasible that demand for these sorts of initiatives
could cause utilities companies to raise prices in order to attract customers
looking to pay lower rates. Of course, this would also incentivize them to
invest even further into renewable energy technologies and resources. If solar
and wind power continues to expand in popularity and reach across the nation,
electric vehicles may also need to consider locating in areas where there is
reliable renewable energy generation. Until then, though, consumers must start
thinking seriously about creating positive change in the world around them. Why
settle for inferior? Electric vehicles offer substantial environmental
advantages that extend far beyond saving money by cutting emissions. Many
people have bought them because they're environmentally friendly, but now
they've found a reason to want to live cleaner. More simply, it's good for our
health and the planet.
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