Is Buying an Electronic Car the Right Decision?

Thinking of Buying an Electronic Car ?

Electric vehicles are fast becoming the future of automobiles. Buying an electric vehicle protects you from rising fuel prices. The Indian government provides several subsidies under the Faster Adoption and Manufacturing of electric vehicles in India. Electronic vehicles have a huge role to play when it comes to transportation. An electric car is a car that is run on a battery. There are many different categories of Electric and Hybrid vehicles including all-electric vehicles and plug that use both electric and internal engine technology. In this article, we discuss whether buying an electronic car is the right decision. Let’s know buying an Electronic Car is the Right Decision? 

Things to Consider Buying a New Car

Remember to Buy an Electric Car 

Driving Range: If you are looking for a vehicle that you can drive across cities, then an EV is not the ideal choice. An EV can run as far as its battery life allows and you can easily refill the fuel tank of a conventional vehicle, you may face difficulty in locating a charge for your EV.

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Price: The purchase of an EV is high and is mainly due to the vehicle's battery. The owners will replace and reduce the final cost of an electric vehicle, it will take some years before any prominent improvement comes into effect.

Variants: People can have several options for the type of EV they want to purchase. If you want to go completely eco-friendly you will select a fully electric car. But if you want to maintain some conventionality with less harm to the environment, then you will go for a hybrid vehicle. 

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Maintenance: Electrical equipment is hard to maintain. The battery of an electric car is high. If any repair happens to the battery, it will take high costs to replace it. Repairing or replacing parts of the car is not cheap.

Battery Life and Warranty: Electric Vehicle runs on battery and you need to carefully assess the battery quality. The manufacturers of the car provide a warranty on the battery's charging capacity. But before granting a replacement or free service the manufacturer will verify the duration of vehicle ownership along with the total mileage driven.

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Tax Benefits: People can avail of tax deductions for interest payments on auto loans taken to purchase an electric vehicle.

Specifications to Consider

Charging Specifications: All electric vehicles can be charged with a standard also known as level1, and fast. But the DC fast chargers work on a selected electric vehicle. At home, you can use a standard charger only. 

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Battery Capacity: PHEV variants can function with small capacity batteries of 4-15 kwh and along with battery electric vehicles, can also run on batteries of moderate capacities. 

Energy Consumption: KWh indicates the electricity required per mile. MPG compares an EV's running capacity against one gallon of gasoline. 

Regenerative Braking: Energy loss occurs when an electric vehicle or a hybrid-powered vehicle is put on brakes or decelerates. This ensures your electric vehicle has more charge left for smooth running. 

Acceleration: An essential feature of electric vehicles is their acceleration. The electric vehicle will quickly reach the set benchmark for checking the acceleration power of vehicles. 

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State of Charge: This is a meter that is present on the instrument panel of an electric vehicle. 

Is Insurance required for Electric Cars?

Insuring your electric car is crucial as the value of an electric vehicle is very high. Any minor damages to the electric car could attract a repair bill. The renewal of vehicle insurance is also simple as it can be done online without any paperwork.

so this is all about an electric car. It depends on you how you take the things to make your decision. Its hope these points will help in making the right decision. 

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