As major improvements have been made to the electric vehicle industry, companies such as Tesla and Polestar have been at the forefront for the push for consumers to purchase electric cars. There are three different types of electric cars which includes hybrid electric, plug-in-hybrid, and battery electric vehicles. Believe it or not, electric vehicles were popular back in the early 1900s. During this time they accounted for a third of vehicles on the road from 1900 to 1912. It wasn’t until the discovery of crude oil in Texas and the development of the Model T that electric cars were in danger of losing their popularity. With the improvement of electric engines, it has created a resurgence in electric cars once again.

Positive Impact on the Environment

A common argument made against electric cars is that it takes fossil fuels to create electricity. Although this is true, the benefit of electric powered cars is that they emit fewer greenhouse gases and air pollutants than petrol or diesel cars. In over a year, just one electric car can save an average of 1.5 million grams of CO2. That amount of CO2 is the equivalent of four return flights from London to Barcelona. To have a better understanding of the distance, London and Barcelona are 713 miles apart! There is currently 1.8 million EVs that are registered in the United States.

This amount of EVs has amounted to saving about 2.7 quadrillion grams of CO2 from entering the atmosphere. Taking actions such as purchasing an electric car is imperative to slow the use of earths natural resources. Society as a whole must try to implement a reduction in greenhouse gases. According to climateclock.world, we currently have 7 years to limit global warming until the damages are irreversible.

Impact of Electric Cars on Your Wallet

Naturally, the main focus of electric cars is the positive impact that it has on the environment. A study done at the University of Michigan in 2018 stated that “the average cost to operate an EV in the United States is $485  per year while the average for a gasoline-powered vehicle is $1,117”. While fueling an EV is cheaper, it also is cheaper to maintain as there is less internal parts of the engine that need to be maintained. Another financial benefit to owning an electric car is that certain models will receive a tax deduction up to $7,500. Click here to take a look at what models qualify for the tax deduction in the United States.

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