Six Perks that make owning an EV a no-brainer

Electric cars are expected to be more common in 2020 as major car manufacturers have already rolled out all-electric models in 2019, It could only become more evident in this decade as people are embracing all-electric cars or Electric Vehicles (EVs). Infrastructures for EVs would continue to expand and improve, especially in greater Europe and China, the leading EV country in Asia. 

To further convince early adopters of EVs, here are the main reasons. Some of the major advantages of driving an EV are Zero-emissions, say goodbye to traffic jams, drive into city center minus the clutters, easy parking, charge & go, go further for less and purchase subsidies.

For countries in Western Europe, EV owners are already enjoying advantages. To the European folks sustainability is one of the main reasons for driving a fully electric car. Other reasons include help save the planet and cut down costs and time. At the time of this article, there 300 European cities that have low emission zones.

  1. EVs are able to stay away from traffic jams in cities, thanks to dedicated or bus lanes. – When you drive an EV in a major European city, you are allowed to drive in the bus lane or even a reserved lane for ecological cars. This obviously saves time and cut commuting time by half, if not more.
  2. Parking in the city is always a big issue. Limited space is one thing, but the cost of parking has risen to an alarming state, This is where an EV comes in and get another major perk, easy parking at dedicated EV parking spots. Reserved parking is discounted or free for EVs without time limit in most major European cities.
  3. Imagine driving into the city center practically hassle-free? Thanks to low emission zones and strict regulations, EVs are the only viable solution for hassle-free commutes.
  4. In Europe, there are more than 150,000 public charging points. It is only the beginning as infrastructure continues to improve with regulatory initiatives. Authorities are even giving incentives for installing charging points in homes, businesses and establishments like hotels, restaurants and shopping centers.
  5. EV is a viable cost-effective measure over a long run. As battery technology improve, EVs could go further with lesser recharging time. Other factors of EV cost-effective measures are less consumption expenditure and less maintenance than conventional cars.
  6. Owning an EV is a no-brainer – Incentives are what drive people to leap into the EV hype. There are plenty of purchase subsidies, tax reliefs and etcetera for owning an EV. These perks are important as electric vehicles in general are still more expensive than ones equipped with a combustion engine. In major European counties, the benefits include a 75% reduction in road tax (most European cities), full road and registration tax exemption (Portugal) and no congestion charge (UK).

Where to charge?

In Malaysia, charging stations are still very much saturated to the Klang Valley in the most populous State of Malaysia. The capital city and surrounding most populous cities have more charging points than anywhere in the country. Due to this slow adoption and lack of Government assistance, brands rather play the wait and see game than take a huge risk. The other factor being the price structure for EVs. A while back when hybrids were a thing in this country, the Govt actually assisted to encourage car brands to bring in more hybrid cars with generous subsidies and incentives. At the time, there were quite a number of takers for hybrid cars.  

Are electric vehicle too expensive?

With more and more affordable and competitive options and fewer moving parts to fail or need replacing, EVs are in fact cheaper to run than conventionally fuelled vehicles. The only concern is the battery and motor, however if a manufacturer’s warranty comes with it, there’s absolutely nothing to fear.

What are the EV choices in the local market?

The electric car market is expanding quite fast abroad. However, it’s somewhat of a stalemate in this country. The reasons are plenty, we’ve mentioned the Govt factor, cost factor, no one other than Nissan/Renault is taking the leap, and simply not enough hype about EVs to begin with.

Safety of electric vehicles?

Although EVs are relatively in its infancy stage, car companies are actively pursuing the EV approach in a larger scale than you could ever imagine. For manufacturers, EVs undergo the same rigorous testing and meet the same safety standards required for petrol or diesel fuelled cars.

After-sales and breakdown coverage for EVs?

As adoption rate is still low, after sales and breakdown coverage for EVs are relatively under the radar. Based on the hybrid/plug-in hybrid cars, select manufacturers offer up to eight years of warranty for battery, on top of the standard 5-year warranty and breakdown services. We figure that the same warranty and services would apply for EVs on they hit the masses.  

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