Electric vs. Gas: Which One Will Win Over the Automotive Industry?

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The automotive sector is evolving and is increasingly concentrating on electric vehicles. Many drivers are starting to opt for electric vehicles for their next car purchase. Several vehicle manufacturers are also aiming to transition from gasoline cars to electric cars in the following decades.

The automotive sector is about to undergo a significant shift as electric cars start to dominate the market. With all the buzz, should you move from a gas-powered vehicle to an electric vehicle now or wait for prices to drop?

This article will compare and contrast gasoline engine cars and electric cars.

Gas Cars

Gas cars rely on fuel such as gasoline or diesel. Gas cars have been around for a long time, and they are still widely used today. They are pretty popular in some parts of the world because they are cheaper than electric or hybrid cars.

Gas-powered vehicles use gas that is stored in a tank and then pumped into the engine. There are different types of fuel systems for gas-powered engines, depending on the size of the engine and the type of vehicle.

Electric Cars

Electric vehicles are vehicles that do not use fossil fuels. Instead, they use electricity to power the electric motor. Electric cars are classified into three categories: Battery Electric Vehicles, Plug-in Hybrid Vehicles, and Hybrid Cars.

Battery Electric Vehicles do not have a combustion engine to produce power for the electric motor and instead rely on an electric battery pack as their energy source. These cars have a long-term usage range and can be recharged from any electrical outlet.

Plug-in Hybrid Vehicles are mostly used by drivers who want an eco-friendly vehicle but still need the ability to drive long distances without worrying about running out of gas. The car is equipped with both an electric battery pack and a combustion engine that charges the battery during periods of low electricity demand.

Hybrid Cars contain an electric battery pack charged by an internal combustion engine, allowing them to be refueled with gasoline at any gas station without the need to be plugged in.

Although they have been around for decades, electric cars have only recently become popular. Recent developments in battery technology and the increasing need to reduce greenhouse gases have created an opportunity for these vehicles to make a comeback.

Gas Cars vs. Electric Cars

Cost Efficiency

Fuel

Electric vehicles excel in terms of fuel savings. While gas prices shift, electricity prices are typically more consistent. Electric car owners save money on fuel compared to gas car drivers.

Purchase Cost and Maintenance

Gas automobiles are less expensive during purchase than electric vehicles. But when you start driving a gas car, you are bound to pay for routine maintenance for oil changes, coolant, and transmission fluid. Some are less fuel-efficient, requiring you to pay for gas more frequently.

When we talk about the whole course of a vehicle’s lifetime, electric cars are less expensive. With electric cars, you won’t bother about many routine maintenance operations, such as oil changes and complex gears. The upkeep cost is less compared to gas cars.

Range

How far can a single tank of gas take you compared to a fully charged battery? The average gas car can travel up to 500 miles on a full tank of gas, while the average electric car can only go an average of 250 miles before it needs a recharge.

There are gas stations everywhere, so it is relatively easy and fast to fill up the tank of gas cars; beneficial for long journeys. On average, people drive 30 miles every day resulting in fewer concerns regarding electric car range. As for electric car recharge, you don’t always need to stop at a gas station, although many gas stations now feature charging stations. You can charge at home or while at the office.

Value

Most vehicles lose value over time, and as a driver, you want to get the best price for your car, especially when you plan to purchase a newer vehicle and trade or sell the current one. In the case of gas cars, after three years, a new sedan depreciates 39% on average, while trucks depreciate 34%. While for most electric vehicles in the market, the value drops by an astounding 52%, causing owners to lose a significant portion of their investment.

Vehicle Safety

Rates of accidents were over 40% lower for electric vehicles. In a study conducted by the Insurance Institute for Highway Safety, they concluded that the weight of the batteries might be part of the reason for the electric car’s lower injuries. In a crash, a heavier car exposes passengers to lower forces. Electric vehicles are typically 10% heavier than their standard counterparts. This extra mass provides them with an advantage in collisions.

Heavier weight does not guarantee absolute safety. The extra weight puts drivers at a disadvantage in snow, heavy rains, and other bad driving conditions. Due to the momentum resulting from the added weight, it takes longer to hit the brakes. It also means that you’ll be moving faster at the point of impact than you would in a lighter car under the same conditions.

Environmental Impact

People choose electric vehicles because they want to help reduce carbon emissions and dependency on fossil fuels. But, like gas car manufacturing, electric car manufacturing is generally associated with emissions. Also, you’ll be charging your car with electricity generated by a coal power plant.

While electric vehicles aren’t an absolute remedy for combating global warming, they are very well ahead of gas vehicles in minimizing carbon emissions. Many areas are now shifting to renewable energy sources such as wind and solar. With that, you can use solar panels to recharge electric vehicles on solar energy.

Generally, electric vehicles are more eco-sustainable. Because, unlike gas cars, a tailpipe is inexistent in most electric vehicles. With the absence of tailpipes, electric cars don’t emit harmful exhaust fumes into the air, which means they are better for air quality and human health.

What Will Be the Future of the Automotive Industry?

There are many benefits to owning an electric vehicle compared to a gas car. They minimize toxic emissions, they’re cheaper on maintenance costs, and they’re continuously in the process of improvement as more manufacturers are focusing on them. Being said, electric vehicles are becoming more compelling, and they will only get stronger over time.

As automakers come out with new electric vehicle models, drivers will no longer have to rely on gas for their commute. The most popular electric cars on the market are hybrids, but soon we could see more of the 100% electric vehicles.

Despite the benefits of electric cars, they are not always the best option for many car buyers. With gas prices still relatively low, it can be cheaper to buy and maintain a traditional vehicle than an electric car. However, as electric cars become more mainstream and battery technology improves, they may be the best option for drivers and commuters in the future.

The post Electric vs. Gas: Which One Will Win Over the Automotive Industry? appeared first on The Mechanic Doctor.

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