From the environmental impact to the savings you can make on fuel, tax and maintenance costs, electric vehicles could help you save significant amounts of money. All electric cars have instant torque , which means you’ll always have power right at your fingertips. NEXT: 10 Awesome Everyday Electric Cars That Aren't Teslas. Audi, for example, has expressed interest in bringing back the TT as an EV at some point in the future, and even Volkswagen muttered about bringing back the iconic Scirocco as a sporty electric coupe, though the latter abandoned its plans shortly thereafter. Obviously, one of the most important things about electric cars is charging. In a lot of ways, global warming and pollution are absolutely wreaking havoc on our planet, and a big contributing factor to that are the emissions coming out of gasoline cars. An electric car such as Nissan Leaf, Ford Focus Electric or Tesla Model S, Chevrolet Volt is a great way for you to not only save money but also help contribute towards a healthy and stable environment. Find your nearest charge point with the interactive map, Find local incentives in your area using the interactive map, Find out how easy and how little it costs to charge at home, Find out just how far an electric vehicle can travel. It’s as easy as charging your mobile phone. Like traditional petrol and diesel vehicles, the cost of buying an electric car varies depending on make, model, features and type. 1 of 8Next Last. Electric Car Benefits: virtually silent, instant acceleration and a low centre of gravity mean electric cars are terrific to drive and easy to operate. Isn’t that how driving should be? This is evident in cars like the newly revealed Alpha Ace, which teams an awesome retro exterior with futuristic tech and a BEV powertrain. These savings quickly add up, see how much you could save on each journey when driving an EV by using our special Journey Cost Calculator below. The benefits of electric vehicles As EVs become more mainstream, the costs are dropping rapidly and there are a wide variety of benefits for drivers making the switch. Early Adopter Fringe Benefits. EVs ca… EVs help reduce this threat because almost all U.S. electricity is produced from domestic sources, including coal, nuclear, natural gas, and renewable sources. His love for cars started early, being able to recognize cars on the street at a very young age. What's more, there are plenty of services offering free charging through membership programs. The biggest benefit of electric cars is obvious: You no longer need gas. They have fewer moving parts and are therefore cheaper to service. RELATED: These Are The Fastest All-Electric Cars In The World. A Plug-in hybrid pairs a small battery and electric motor, with a typical range of around 30 miles, with a fuel-efficient petrol or diesel engine. Easy and convenient charging. Batteries in EVs are often found in the floor of the car, which provides  excellent balance and weight distribution. As well as technology for the driver to interact with, every new EV seems to have a new and creative way of harnessing its power and the way it handles its electric juice. Not to mention, some EVs are just drop-dead gorgeous. Electric cars are far more energy efficient (85-90% efficient) than internal combustion engine cars (17-21%), which means that they use less energy to get you from A to B. RELATED: 10 Most Impressive EVs Introduced In 2020. On average, an electric car costs less than £1.30 to drive 100 miles (this cost is based on the EDF GoElectric 35 tariff during off-peak hours). Due to EVs being so appealing to consumers, automakers can revive their old iconic models as battery-powered machines. News on all your favorite celebs, reality TV, and movies. On a cost per mile basis a fully electric car could cost you a quarter or less of what a traditional petrol or diesel car might. Aside from the electric car tax benefits outlined above. November 11, 2014. To combat this and to keep more classics on the road, a few companies have popped up that provide full EV conversions to some classic cars. EVs offer outstanding value over the long term and can be an excellent investment for drivers looking for a cheaper, more efficient way to get around. Another key benefit of buying an electric car relates to tax. The concept car named I.D. Fully electric cars are designed to be as efficient as possible and there are generally 3 main components powering the vehicle; the on-board charger, inverter and motor. At the time of writing, it costs around £63.80 to fill the average unleaded petrol tank for drivers of medium-sized cars in the UK. The airflow over the car must be optimized perfectly to maximize the number of miles the driver can travel on a single electric charge. Electric cars are significantly cheaper to power than their diesel and petrol counterparts and cheaper to tax and use in cities. This means there is far less wear and tear on the car and little stress on the motor, with fewer moving parts susceptible to damage. If public charge stations aren't really your thing, then there's always the option to install a home charger. With no tailpipe, pure electric cars produce no carbon dioxide emissions when driving. Over a year, just one electric car on the roads can save an average 1.5 million grams of CO2. You are also exempt from paying the London congestion charge, potentially worth thousands a year to a daily commuter. Just about every single sign is pointing to the electric car revolution, which started a little while ago and is currently in full force, sweeping in and stealing sales from gasoline-powered cars and generating a lot of hype. This means that if you buy a fully electric vehicle for £20,000, your profits should reduce by £20,000. When EVs first started appearing, charge times were pretty long, and there were quite a few concerns about range anxiety and some cars' charge times being way too long. Eight Perks of Owning an Electric Car. Even though nothing beats the smell of gasoline and the rumble of a good engine, electric cars offer up quite a few benefits when compared to ICE-powered cars, and these alone make them worth getting excited about. Congestion Charge: Drivers who find themselves requiring access to the London Congestion Charge Zone in an electric … Despite the inevitability of electric cars, they're still not entirely embraced by everyone, and certainly not by quite a lot of car enthusiasts. Low emission vehicles and plug-in hybrids that emit less than 75/km CO2 also pay less road tax in the first year, meaning it pays to go green. Other electric car tax benefits. Other makers like NIO are taking the tech showcase approach a bit differently, with an artificially intelligent assistant named Nomi stuck on the dashboard, that can help you out with a variety of different things during your drive. Choose from a wide range of the UK’s best electric cars and find the car that’s right for you. 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Benefits. Zip through traffic and glide across town in a comfortable, clean and quiet car. Unique lists featuring pop culture, entertainment and crazy facts. Some new electric cars have had truly mind-boggling acceleration, such as the Porsche Taycan Turbo S, which accelerates from 0-60 mph in 2.7 seconds, making it faster than some supercars. If you are not ready for a move to a full electric vehicle, … This reduces air pollution considerably. Electric vehicles offer many benefits, but they also have some disadvantages when compared to conventional gasoline-powered cars.One of the biggest questions prospective electric car buyers face is whether to purchase an all-electric vehicle (AEV), plug-in hybrid electric vehicle (PHEV), or a gasoline-powered car. That’s a big deal, since the average American spends between $2,000 and $4,000 on gas every year. One of the first things drivers notice when switching to an electric car is the quietness of the vehicle, which creates a far more comfortable, relaxing driving experience. As EVs become more mainstream, the costs  are dropping rapidly and there are a wide variety of benefits for drivers making the switch. Alongside cars like the Ace, VW is using its all-new MEB dedicated EV platform to bring back the iconic Bus. The business tax savings could be as much as: £3,400 for limited companies. The U.S. used nearly nine billion barrels of petroleum last year, two-thirds of which went towards transportation. With newer technology helping create even more environmentally friendly batteries, advances in hydrogen and even more efficient, quieter EV motors, the future of driving is bright and clean. There are also plenty of publicly accessible fast chargers, that can provide a full tank of juice in a very short time, sometimes even 20 minutes. Fully electric cars have zero tailpipe emissions making them greener, cleaner and better for the environment than petrol or diesel cars. This is arguably the most important aspect of electric cars; they have absolutely no tailpipe emissions. The need for stellar aerodynamics combined with the lack of grilles (in most cases) in the front results in very clean overall designs, which has led to quite a few very good-looking electric cars, like the Tesla Model 3 and the Lucid Air, among others. If the Beetle is more your thing, there's also a full electric conversion for that as well. Fortunately, more and more third-party companies seem to be popping up, which allows better solutions to this predicament. A fresh take on sports: the biggest news and most entertaining lists. Batteries are replaced under their own separate warranty, and although it depends on the charge port and the charge time, charging an electric car is also very cheap. If electric vehicles become as common on the roads in the coming years as the experts predict, our carbon footprint will be significantly decreased, especially with worldwide governments tightening regulations seemingly by the minute. As the electric motor produces all of its torque the moment the accelerator pedal is floored, it's extremely entertaining to do acceleration pulls in an electric car. Many car enthusiasts aren't happy about the electric car revolution we're experiencing, but there are actually quite a few things to be excited about. An electric car can also cost half as much to run, and you pay no road tax. Put simply, electric cars give us cleaner streets making our towns and cities a better place to be for pedestrians and cyclists. Electric cars are still relatively expensive, carrying a premium of around £10k over an equivalently sized petrol or diesel powered car. With fully electric cars such as the Nissan Leaf, that cost is eliminated — though electricity isn’t free. But, nowadays, charging is a completely different story. The Aspark Owl, though still in the prototype stages, has a claimed 0-60 time of 1.6 seconds. One of the most important factors that have a say in the range an electric vehicle can achieve is aerodynamics. What are the tax benefits of buying an electric car? Even if the EV in question isn't a performance car, it can still accelerate faster than most other normal gas-powered cars. As soon as you hit the accelerator you’ll get an instant response and surge of speed from the car, making these vehicles ideal for city driving. If your company car has CO2 emissions of 1 to 50g/km, the value of the car is based on its zero emission mileage figure, or ‘electric range’. Once installed, you’ll be able to charge your EV  by simply plugging in the charging cable when you’ve parked up. This monthly payment is made using the employee’s gross salary (income before tax or net salary + employee's national insurance + income tax). While you might pay more to buy an EV in the first place, running it will be a lot cheaper. Less emissions mean reduced greenhouse gasses, enabling the UK to move towards sustainable, renewable sources of electricity. Tesla is certainly the most notable example of this, with features like Sentry Mode, Dog Mode, Tesla Arcade, and many others. Marko started out writing for various sites on a variety of topics. Chevrolet themselves made an electric K5 Blazer for example, with their own electric "crate" motor. One of the most talked-about characteristics of electric cars is their intoxicating acceleration. More OEMs have also joined in on the fun, including VW, who made their own electric Type 2 Bus. A lot of automakers offer them right out of the box when the car is purchased, but some of these can take several hours to charge your car. This means  handling around corners and curves is effortless and reliable. A compact, all-weather home charging unit can be outside your home and you’ll be eligible for a £350 government grant to cover installation. If your car has an approved CO2 emissions figure of 1 to 50g/km, you’ll also need to fill in the box for ‘zero emission mileage’ (also known as electric range). There are also other benefits of ‘going green’ (including reduced road tax, being exempt from the Ultra Low Emission Zone (ULEZ) and congestion charges and a Plug-in Grant of up to £3,500), so it is not hard to see why companies are beginning to look at electric car as a viable option for their fleet. RELATED: These Are The Fastest All-Electric Cars In The World. When it comes to tailpipe emissions, classic cars have a pretty bad smoking habit, especially if they're diesel-powered. In 2019, the Treasury announced that electric company car drivers would be exempt from benefit-in-kind (BIK) tax, from April 2020. For fully electric vehicles you can usually use the full cost of the electric car to reduce your business tax. The fact that the car is electric makes it appealing enough to a lot of consumers, which means that automakers are allowed some freedom to produce niche models. Despite their popularity, discounts of close to 10% are available on some electric cars. That’s cheaper than the cost of a morning coffee. Switching to electric company cars can bring many benefits, including less BIK tax for your employees. You’ll also see a breakdown of electricity usage and cost so you know exactly how much you could save every time you charge your car. Even if the EV in question isn't a … One of the main advantages of electric cars is they're extremely cheap to run when compare to petrol or diesel. The former was due to expire at the end of March, while there was previously no confirmed end date for the latter. RELATED: Ranking The 10 EVs With The Highest Single-Charge Range. Buzz, is a very faithful tribute to the original Kombi, combined with some modern and futuristic elements. Electric vehicles and batteries on their own are pretty high-tech, so it's only right that automakers use their battery-powered models as a way to showcase all sorts of new and exciting pieces of tech. There are tons of opportunities for automakers to bring back historic models as electric cars, but one can only hope. With exciting new technologies currently being developed, which promise to cut charging times to minutes, extend range significantly and further enhance safety and automation features, there has never been a better time to switch to driving an EV. But EVs provide more than just individual benefits. In October 2020, battery electric vehicles (BEVs) had a 6.6 per cent share of the market, with plug-in hybrids at 5.5 per cent, diesel at 14.9 per cent and petrol taking 49.5 per cent. 2) Running costs. Luckily, it seems many automotive enthusiasts are also embracing the electric car and EV converted classics might be the hot rods of the future. EVs can help the United States have a greater diversity of fuel choices available for transportation. The benefits of driving electric cars are clear. That’s the equivalent of four return flights from London t… Here we run down our latest guaranteed savings for every fully electric model currently on sale An electric car salary sacrifice scheme is an agreement between the employer and employee of a company in which the employees are given the option of buying an electric car at a fixed monthly cost. The benefits of electric cars go much further than just a lack of harmful exhaust emissions – although that is of course a huge boon, and the main reason governments around the world are pushing for the full transition from internal-combustion to battery power to … With an EV, the world is your oyster – or at least, it soon will be – … Less energy used means less produced, which in turn means less CO 2 emissions produced by non-renewable energy sources and the wider energy supply chain. there are further financial incentives associated with driving an electric vehicle. Our reliance on petroleum makes us vulnerable to price spikes and supply disruptions. Routine maintenance is very different from gas-powered cars, as electric motors only have one moving part. Join the electric vehicle revolution, find your perfect EV with our special car selector tool today. The first of these perks for the employee is of course the fact that pure electric cars are exempt from Vehicle Excise Duty. This is an obvious one, and it's one of the main reasons why electric cars are currently thriving and will continue to thrive; the running costs are very, very cheap. With the technology only going forward and not slowing down, it's only a matter of time before we can have full-on, proper fast chargers in the garage, ready and waiting. The savings are especially significant for company car drivers paying a higher rate of tax. There is an EV to suit almost every  budget and our car selector tool is designed to help you find your perfect car quickly and easily. All this means you’ll rarely have to have your EV serviced and the running and repair costs are minimal. From tax incentives and special government grants to enhanced fuel efficiency, the lower cost of electricity and reduced maintenance requirements, you could spend far less on an electric vehicle than you do on your current car. Because you’re not paying for petrol or diesel to keep your car running, you can save a lot of money on fuel. The major benefit of electric cars is the contribution that they can make towards improving air quality in towns and cities. Some new electric cars have had truly mind-boggling acceleration, such as the Porsche Taycan Turbo S, which accelerates from 0-60 mph in 2.7 seconds, making it faster than some supercars. Even though a lot of enthusiasts are dismayed at automakers refusing to bring back some of their most iconic models, they need not despair. Pretty much every new EV has fast charging capabilities, with brands like Tesla having their own proprietary "superchargers." Check out our charging calculator which shows exactly how long a wide range of EVs take to charge. Tweet. The Plug-In Car and Van Grants provide up to a maximum of £3,000 (previously £3,500) off the price of a zero emission car and £8,000 off the price of a plug-in van (large vans and trucks up to £20,000). He prefers weird, unusual cars to luxobarges and sports cars. Jeff Cobb. From the environmental impact to the savings you can make on fuel, tax and maintenance costs, electric vehicles could help you save significant amounts of money. Plug-in hybrids driven in electric mode emit zero tailpipe emissions and the electric range is well within the average UK daily distance driven of 30 miles. While the price of an EV may be similar to most comparable petrol or diesel cars, the cost of running one is significantly cheaper particularly over the full lifetime of the vehicle. As electric cars don't use gasoline and don't have exhaust pipes, they don't emit anything, making them a lot kinder to the environment. The Aspark Owl, though still in the prototype stages, has a claimed 0-60 time of 1.6 seconds. Hybrid drivers do not suffer range anxiety. Charging your EV at home is cost efficient, simple and fast. Rapid chargers can speed up the process even more, charging most cars to about 80% in under an hour. Using a 7kW home charging port, most EVs can charge to full capacity in around 5- 10 hours so your car will be ready to go when you are.
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