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A Future Driven by Electric Vehicles

Yesterday, Wednesday August 22nd, lawmakers in New York City introduced three bills to promote the use of electric vehicles (EVs). In recent years, legislators are starting to recognize the environmental and economic benefits of EVs and are making greater efforts to promote future utilization of non-polluting vehicles. The three proposals outlined by New York City Council members would allow EVs to join the City’s taxi fleet, enable building owners to install charging stations for them, and additionally exempt them from anti-idling laws. With these proposals being made by lawmakers globally and with the advancements of EV technologies, it is only a matter of time before the automotive industry is dominated by these environmentally friendly vehicles.

The benefits of electric vehicles are abundant and significant. Considerably, the most attractive attribute of EVs is that their net carbon dioxide (CO2) production is typically less than half of that from a comparable combustion vehicle. Unlike the latter, EVs also release almost no air pollutants at their operational setting. In the current global scenario of extreme climate change and mounting carbon emissions, the environmental benefits from EVs will be substantial.

EVs Accelerate the Competition for Fuel Cars

The motors of EVs are mechanically more efficient and simple than internal combustion motors. Electrically-powered vehicles are overall energy-efficient and energy-resilient. EV manufacturers boast that operating their vehicles will reap monetary benefits as well, but the reality is that the price of EVs is currently volatile and dependent on several factors (such as the location of the owner). Therefore, in this manner, the costs of EVs oscillate between being advantageous and disadvantageous. It is commonly agreed upon, however, that the overall advantages of EVs override the disadvantages. So why have these vehicles not fully caught onto the market yet?

One of the primary issues EVs face in today’s market is competing with petrol-powered vehicles in range. The range of an EV is the distance it goes before its battery will need to be recharged. Companies around the world are working nonstop to develop the technologies required to achieve absolute competitiveness of EVs.
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