What Many Don’t Know About Electric Vehicles

You may not have considered buying an electric car probably because you lack enough information about them. Furthermore, several myths and misconceptions have been spread around, and these may have made you shy away from these vehicles. However, here are some of the facts that you did not know about electric cars. Having a glance at this article will enhance your knowledge about electric vehicles:

Electric vehicles may be more expensive to buy than diesel and gas cars, but you will realize that they are cost-effective in terms of maintenance and eliminating the cost of fuel. Furthermore, electric vehicles are exempted from some taxes, and you will be given some incentive packages. What makes electric cars to be expensive is the cost of their batteries. However, their battery cost has drastically reduced, making these cars cost-effective for you. Surveys have also shown that in the next ten years, the price of electric vehicles will significantly drop even further.

Various models of electric cars are expected to rock the market every year. You will therefore have a variety of models to choose from. Furthermore, the number of the electric vehicles going to flock the roads in the next five years is huge as other sixty new models are about to be released on the market. Besides, they are also going to have spectacular speeds with some models cruising up to 300mph.

Your desire is always to have a quality car at a friendly price. It is the reason why most electric car dealers are offering you financial incentives for you to go for these cars. For instance, in the U.S., the government will provide you with some tax incentives when you purchase one of these cars. Additionally, the entire Europe is also offering you appealing incentives when you buy an electric vehicle. Most of the countries are offering these incentives as a strategy to promote environmental conservation since these cars do not emit greenhouse gases into the atmosphere.

You will no longer have the stress of branching to a charging station to charge your car because it is now easier to charge your vehicle at your home or your workplace. In the U.S., you can install a level 2 charging station at your home while in Europe you can have a 1-3 phase depending on the size of your residence. You can also do the same installation at your place of work. By doing this, you will only be making stopovers for snacks but not charging your car.

You may decide to use your electric car battery to power your home. By connecting it to your solar panels, you will have enough power which you can use in your house and also at your charging station. Your car will be helping in transporting you and at the same time helping you to generate energy at your residence.

You now know some of the fascinating facts about electric cars that you did not know before. It is now essential you consider owning one as it will be beneficial to you. It is no wonder that sustainable companies like Net Element (NASDAQ: NETE) are willing to work with electric vehicle companies since they share a desire to conserve the environment.

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