Get the info about plug-in electric vehicle (PEV) cost and environmental and energy-security benefits.
There are a number of benefits that plug-in electric vehicles offer today’s consumers and fleet managers. Plug-in electric vehicles provide cost, environmental, and energy security benefits that far outweigh traditional gas-powered vehicles. Let’s take a look at some of the key benefits that plug-in electric vehicles provide.
Types of PEVs:
EV: Electric vehicles that get all or part of their power from the electric grid, including PEVs and PHEVs
PEV: Battery-electric vehicles that run entirely on grid-charged batteries
PHEV: Plug-in hybrid electric vehicles have batteries recharged from the electric grid and also contain internal combustion engines fueled by gasoline
Cutting-Edge Technology, Safety and Reliability
Fun to Drive: Electric vehicles offer drivers a fun driving experience with cutting-edge technology, smooth acceleration, and advanced displays. PEVs also feature sophisticated mobile applications that can provide drivers with more information and control than gas-powered cars. On top of that, the drivers of PEVs have the satisfaction of knowing they are among the first to adopt an exciting new technology.
Advanced Safety: National Highway Traffic and Safety Administration (NHTSA) sets safety standards that must be followed by both gas-powered vehicles and EVs. EVs must also meet electrical safety standards set by the Society of Automotive Engineers, the National Electric Vehicle Infrastructure Working Council, and others. Charging equipment must also be tested by independent International, and Edison Testing Laboratories.
Save Money on Fuel and Maintenance
Fuel Savings: Depending on usage patterns, some EVs today are rated at an equivalent of 100 miles per gallon (100 MPGe)1 , which is equal to fueling up for a few cents per mile. Gas-powered cars cost an average of 14 cents per mile to drive. A driver that travels approximately 15,000 miles per year in an EV in all-electric mode could generate over $1,700 in savings on annual fuel costs.
Maintenance and Operating Savings: Owners of all-electric vehicles do not have to worry about oil changes, maintenance on transmission and exhaust systems, and repair work on many of the other moving parts that are in a gas-powered vehicle. PEVs will save 35% on scheduled maintenance2 and 30% on repairs.3 On top of that, PEVs have regenerative braking systems that will often last longer than those in traditional vehicles.3
EVs create less greenhouse gasses than gasoline-powered cars. In addition, the process to make the electricity used to power EVs has lower carbon intensity than fossil fuels such as gasoline and diesel.
The Department of Energy, in their Plug-In Electric Vehicle Handbook for Consumers,’ notes that widespread use of electric vehicles could reduce greenhouse gas emissions by more than 450 million metric tons annually in 2050 – the equivalent of taking 82.5 million passenger cars off the road. Electric vehicles have near-zero or zero tailpipe emissions which is lower than the average new compact car, which gets 28 mpg.
There are a number of improved conveniences that EVs offer over gas-powered vehicles.
- Home charging – Many PEV owners charge their vehicle while they are home sleeping. This means they can avoid stops for refueling at gas stations on their commute.
- Less regularly scheduled maintenance.
Growing Number of Models to Choose From
The more PEVs grow in popularity, the more choices become available to consumers. By the end of 2012, there were 14 PEV models available in the U.S., and today there are over 30. Expect this number to grow as EVs gain popularity with drivers in the US.