8 Reasons Why Electric Vehicles Are The Future Of Transportation

Electric vehicles demands are increasing and are now becoming a trend everywhere! Find out the upcoming features and demands for an electric vehicle below.

The Increasing Demands Of Electric Vehicles

Electric vehicles use basic engines relatively comparable in principle to those that power in general, regular things such as kitchen appliances and power tools. Large, complex battery packs typically hold enough power for no less than an entire day of driving and can be charged utilizing general home outlets or designated charging stations.

It's becoming more and more popular every day. You'll thank Auto Loan Solutions for producing the impressive infographic below showing why the demand for electric vehicles is increasing.

Infographic Created by Auto Loan Solutions

8 Reasons EVs Are The Future Of Transportation

1. Sales Forecasts Predict Electric Vehicles Will Make Up 35% Of New Car Sales By 2040

Telsa plans on building 1,000,000 EVs by 2020

Sales

• 2015: 450,000
• 2040: 41 million

2. Charge Stations

Tesla Supercharger Stations

October 2014

• USA: 119
• Europe: 76
• Asia: 26

April 2016

• 3,644 superchargers in 616 stations

Charge Stations vs Gas Stations

Japan

• Charge Stations: 40,000
• Gas Stations: 35,000

United States

• Charge Stations: 9,000
• Gas Stations: 114,500

3. EV Lifetime Cost Effectiveness

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Lifetime Fuel/Charging Costs and Gasoline Consumption

Gas-Powered: 6,100 gallons

• Vehicles (27 MPG): $18,000

Gas Hybrid: 3,300 gallons

• Vehicles (50 MPG): $9,800
• Savings of over $8,000

Electric Vehicles:

• 0 gallons/ $5,200
• Savings of nearly $13,000

4. Ultra Low Emission Zones “ULEZ”

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Designated ULEZ have restricted use of gasoline and diesel vehicles in more than 255 cities around the world. Motorists can drive only low or zero-emission vehicles in these zones.

There are over 220 cities and towns across Europe that are currently operating low emission zones, or are in the process of implementing them. In 2013, London announced a plan to turn into the “world’s first big city ULEZ”, which is set to take effect in 2020.

Ford will invest $4.5 billion toward EV development, aiming for 13 new model EVs by 2020.

Ultra Low Emission Zones

Latin America

• 10 Vehicle Travel Restriction (1989-2010)

European Union

• 226 Low Emission Zones (2001-2013)
• 5 Congestion Pricing (2007-2013)
• 1 Vehicle Travel Restriction (1982)

China

• 7 Vehicle Travel Restriction (2008-2012)
• 4 Vehicle Quota Systems (1994-2012)

Singapore

• 1 Congestion Pricing (1975)
• 1 Vehicle Quota Systems (1990)

Driving a #tractor is no joke! Here's how to stay safe while you're at it. 🚜 https://t.co/0ZZWNQmwjB #SafetyFirst pic.twitter.com/tSrNNZtWfi

— Homesteading (@HomesteadingUSA) March 6, 2017

5. Battery Technology

New Technology is not only reducing the cost and charging times of EV batteries, but it is also extending the average range per charge, making range anxiety a thing of the past.

• Ford Focus: 76 Miles
• Kia  Soul: 93 Miles
• BMW i3: 118 Miles
• Tesla Model S: 286 Miles

6. Growing Industrial Use Of EVS

Electrification of heavy goods vehicles

Siemens has created an e-highway that relies on a catenary system to electrify heavy goods vehicles. The initial phase of these highways has been a success, and the technology has been adopted on the world’s first e-highway in Sweden.

Companies Currently Using EV Fleets

• Deutsche Post: 79
• Gnewt Cargo: 102
• UPS: 125

7. Battery Swapping

Battery Swapping is the EV version of filling up a gas tank. Tesla plans on including battery swapping at their charge stations in the near future. The process of swapping a battery has been reduced to under 5 minutes.

8. Second Life Batteries

Creating new grid energy technology will soon allow for EV batteries to store energy produced by solar or wind power. This will save consumers money on charging fees, and will help the environment since these energy sources are renewable.

Faraday Future plans to build a $1 Billion manufacturing plant in Nevada.

Electric vehicles have opened its way in providing an essential contribution towards assuring sustainable mobility and meeting ecological demands of the future. Its increasing production year after year simply shows that it is becoming a more stable source of transportation.

Did you find this helpful and interesting? Will you consider having an electric vehicle? Let us know in the comments section below.

Want to find out the greenest way to get around? Check out here The Greenest Ways To Get Around: How Your Commute Impacts Your Carbon Footprint and I hope you can consider applying some the of the helpful tips in here to help Mother Earth!

Featured Image Via BMW.IE