Free Articles  >>  Business And Finance >> 

Costs of owning an Electric Cars vs Petrol Cars

Consumers are spoiled with choice in regards to buying a new vehicle and even more so now with emerging electric vehicle technology adding to the mix of cars available to buy. We look at the costs of owning both an electric and internal combustion car. Electric cars and internal combustion

- Energy Utilisation:

When you utilise petroleum without a battery the energy is completely lost when you break to heat and sound. You can have a hybrid vehicle but mixing two technologies causes an increase in servicing cost which offsets savings in petrol consumption. An electric car does not have this issue. Regenerative breaking allows the battery to recharge when the brakes are applied. EVâs also are able to utilise grid energy via electric vehicle charging stations

To compare an EC motor according to the energy council is 85 - 90 % efficient and when we consider the entire process which includes the electric car charging they covert over 80 per cent of the electrical energy from the grid to power at the wheels. A petroleum car on the other hand due to the amount of moving parts, heat generation, sounds and more is only 27% efficient.

- More Moving Parts.

A petrol car has almost 2000 moving parts compared to an electric cars 30 parts in the drivetrain! This has two effects, a reduction in efficiency and an increase in serving costs. The majority of an electric cars costs are associated with the batteries.

The engine is already cheaper to manufacture. Battery prices are falling fast. At $100 /kW we can already see price parity. EV charging stations allow these batteries to be refilled everyday maintaining and improving their lifecycle

Manufacturing costs

The Hyundai IONIQ Electric costs around $40,000 while i30 1.4 T-GDI will cost $27,000.That means the electric version is around 34% more expensive than its petrol counterpart.

- Air pollution: ICE cars products harmful local air pollution which in many large cities leads to smog and harmful PMI levels. Electric vehicle can potentially be green when they utilise clean energy but this is dependent on the source of electricity. Solutions such as solar based electric car charging stations and using electric car tariffs from major energy generators allows the utilisation of clean energy.

- Refuelling: Currently ICE cars have an advantage of convenience via a network of major petrol stations. This infrastructure is still being constructed for electric cars. However we note that you can charge your car at home which is more convenient than having to stop for petrol. EV charging stations make it easy to get charged at home, work or destinations.

- Range: Petrol fuelled vehicles have a range of 400 â 600km while modern electric cars have a range of 400-600km. We note the next generation Tesla will be over 1000km in range.

With an electric car charger installed at home this further improves the convenience and usability of the vehicle.
About Author Sam Korkees :

The author is an automobile enthusiast who has written several articles on electric cars, electric charging stations and petrol cars. To know more about electric vehicles charging station, visit

Article Source:
Article Url:

Article Added on Monday, June 22, 2020
Other Articles by Sam Korkees

Benefits of Having EV Charging Stations for Your Business
In this modern world, more and more people are willing to buy electric cars due to the various benefits it offers. As the big auto manufacturing industries have started investing in this technology, EV is are becoming more popular. While constructing a building, you can consider installing an electric car charging station. This could help you attract the upscale, eco-minded tenants or shoppers. Whatever the reason, installing a charging station can benefit your business place. Installing the EV...

Publishers / Webmasters
Article ID: 495234
DELINK URL from Authors Bio
REMOVE Article
Tell A Friend
Leave A Comment!
Download this article in PDF
Report Article!
Search through all the articles:

291 Users Online!!
Related Articles:
Latest Articles:
Business And Finance >> Top 50 Articles on Business And Finance
Category - >
Advertising Advice Affiliate Programs Automobiles
Be Your Own Mentor Careers Communication Consumers
CopyWriting Crime Domain Names DoT com Entrepreneur Corner
Ebooks Ecommerce Education Email
Entertainment Environment Family Finance And Business
Food & Drink Gardening Health & Fitness Hobbies
Home Business Home Improvement Humour House Holds
Internet And Computers Kiddos and Teens Legal Matters Mail Order
Management Marketing Marriage MetaPhysical
Motivational MultiMedia Multi Level Marketing NewsLetters
Pets Psychology Religion Parenting
Politics Sales Science Search Engine Optimization
Site Promotion Sports Technology Travel
Web Development Web Hosting WeightLoss Women's Corner
Writing Miscellaneous Articles Real Estate Arts And Crafts

Disclaimer: The information presented and opinions expressed in the articles are those of the authors
and do not necessarily represent the views of and/or its owners.

Copyright AwareINDIA. All rights reserved || Privacy Policy || Terms Of Use || Author Guidelines || Free Articles
FAQs Link To Us || Submit An Article || Free Downloads|| Contact Us || Site Map  || Advertise with Us ||
Click here for Special webhosting packages for visitors of this website only!
Vastu Shastra

Email Marketing In India Provided By AwareIndia

Company IDS