Electric cars make up only a small percentage of the car market, but their popularity continues to grow as manufacturers expand battery power, performance and style while recharging is becoming quicker and more convenient. EVs are also more affordable to own than traditional cars, and many buyers qualify for a $7,500 federal tax credit as well as state and provincial rebates.
Even though there’s still a wide price gap between the average price of an electric vehicle and a comparable gas-powered model, that difference is closing rapidly. And, as battery technology improves and manufacturing costs continue to come down, EVs are expected to become even more cost-competitive than they already are today.
The Rise of Electric Cars: A Sustainable Future
Aside from being more efficient than internal combustion engines, EVs are fun to drive. They accelerate more quickly, and their regenerative braking system creates electricity to slow the car when you take your foot off the accelerator. Many EVs also offer “one-pedal driving,” which lets you adjust how aggressively or gradually the car speeds up or slows down.
However, some drivers may be concerned about range anxiety, the fear that an EV won’t have enough range to make a trip. However, the work-in-progress nature of charging networks should help alleviate this issue. In addition, the relative stability of electricity prices ought to give EV owners additional peace of mind. Plus, some EVs allow owners to draw energy from their batteries while they’re parked, which could be used to keep the lights on at home or to power an outdoor kitchen for a tailgate party or camping excursion.
