I received a report recently about the merit of owning an EV (Electric Vehicle).  I hope you all enjoy this information.

First things first.  It’s cheap to operate an EV.  It’s less than half the cost of a gasoline vehicle.  You don’t need to go to the gas station.  You can charge the car at home.  It doesn’t cause any major issues with smell and sound.  Because it doesn’t require petrol that means your country will not have to depend on importing of oil as much.  This is called energy security.


Going forward there are some things to consider.  There will be a greater need to invest into maintaining EV.  This means repair shops will need specialized equipment.  Auto companies will need to increase their technological advancement on mileage, cost and charging times.  Apartment complexes will need to install charge stations for tenants. Used auto market will need to make adjustments to welcome the sale of used EV.  Discussions on reduce, reuse and recycling the batteries will be one of the top priorities.

Other things to consider.  Gasoline vehicles are still a lot cheaper.  Almost half the cost of an EV.  Average vehicle will go further than an EV.  Where it will take only a few minutes to fill up a gasoline vehicle an EV will take 30 to 40 minutes with fast charge and about 10 hours to charge the vehicle at home.


Here is something to consider.  If you have a solar panel you will technically have free fuel for your car.