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Top reasons to choose electric cars besides rising petrol and diesel prices

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Published on July 21, 2021. EST READ TIME: 3 minutes



Fuel prices have been rising steadily, with close to 30 hikes since mid-2021. Petrol prices have crossed the Rs100-mark, while diesel is in the 90s in most states. Global oil prices have increased marginally in recent weeks, owing to a political impasse in the Organization of the Petroleum Exporting Countries (OPEC) and its allies, and declining US inventory.

Moreover, if you take a look at the big picture, it’s inevitable that oil supplies around the globe will eventually reduce, resulting in an upward tick in its value, making it further expensive. Economic speculation aside, consumption of fossil fuels has already caused widespread damage to the planet and its inhabitants. In fact, transport is responsible for a quarter of carbon dioxide emissions in the world, and personal vehicles account for a large part of it. Hence, it makes sense to become more responsible and conscious about travelling. And electric cars can help you with that.

What are electric cars?

Traditionally, cars run on an internal combustion engine, which requires fuel in the form of diesel or petrol. These are polluting technologies that are slowly being phased out in favour of electric cars. Electric cars run motors on electricity that can be generated using renewable sources.

How are electric cars beneficial to you?

1. Cheaper to run

   Electric cars run on electricity, which when generated from renewable sources is extremely affordable. Cars now come with extended range batteries, that can deliver in excess of 400 kilometres on a single charge, bringing the running costs to less than a rupee per kilometre.

2. Low maintenance

   With fewer moving parts, there are lower chances of components breaking down, preventing frequent visits to the service centre. With battery technology improving constantly, manufacturers are now able to provide a substantial period of warranty for the batteries, also allowing you to swap them out. Electric cars also attract a higher resale value given their low maintenance costs and lower chances of breakdowns.

3. Easy charging

   The increased adoption of electric cars also increases the scope of their ecosystem, allowing for charging stations and the like. You can charge your electric car at home and be ready to go, as opposed to lining up at the fuel station. You must be already aware how long this line tends to get when there is news of an impending fuel price hike.

4. Easier to drive

   Electric cars do not utilise the same transmission that traditional vehicles do. They eliminate the gear system altogether, making the car easier to drive. Also, it delivers all the available torque in an instant, making the car more responsive and powerful.

5. Better interior

   The car is roomier without an internal combustion engine. There is more legroom in the front and back, with a flat floor in the rear. There is more room to store things in the front hood as there’s no engine there, while you also get the rear boot.

6. Regulatory incentive

Governments worldwide are offering incentives on purchasing electric cars. You get better deals on your car insuranceas well. While governments get together to cut emissions and lay down a framework to cut fossil fuel use, you are well protected in terms of legal uncertainty, by having a vehicle that’s not as harmful to the environment.

Go electric!

Electric seems to be the direction that the automobile sector is heading towards. While hydrogen cells are also being touted as an alternative, it is unlikely to surge past electric vehicles given the latter’s commercial viability. With rising fuel prices constantly on the news, you will have one less thing to worry about if you get an electric car.

Disclaimer: The above information is for illustrative purpose only. For more details, please refer to policy wordings and prospectus before concluding the sales.

 

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