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This essay sheds light on the future of the automotive industry, identifies the types of cars of the future, and elucidates why gasoline powered vehicles do not warrant the cost. Moreover, why plug-in hybrid electric vehicles are the utmost best type of vehicles is delineated, why electric vehicles do not warrant the cost is explicated and the myriad of problems associated with buying an electric vehicle are demystified in this essay. Furthermore, the criteria for how to determine if purchasing a car is worth the investment is revealed and how to earn substantial money online so that you can afford to finance your vehicle purchase is expounded upon in this essay. The future of the automotive industry will usher in unprecedented changes that will profoundly revolutionize the automotive industry. In other words, the upcoming changes to the automotive industry will be commensurate with the automotive technological advancements in the digital era that will reshape the driving experience. It stands to preponderantly reason that in the coming decades fully autonomous vehicles will be available for personal transportation uses on the global vehicle market. This revolutionary change will allow vehicle owners to work enroute to their destinations. Moreover, there will no longer be a need for human drivers, thus displacing more workforce participants. Customer demand in the ride sharing economy will also grow as the cost disparity between vehicle ownership and accessing ride sharing services further narrows due to the elimination of the human driver and unprecedented technological advancements to vehicles that render ride sharing services ever more affordable to procure. "Overall global car sales will continue to grow, but the annual growth rate is expected to drop from the 3.6 percent over the last five years to around 2 percent by 2030. This drop will be largely driven by macroeconomic factors and the rise of new mobility services such as car sharing and e-hailing" (Gao, Kaas, Mohr, & Wee, 2016) services. It also stands to reason that companies that offer ride sharing services will help drive automobile sales in the coming decades as they increase their fleets of autonomous vehicles. "A detailed analysis suggests that dense areas with a large, established vehicle base are fertile ground for these new mobility services, and many cities and suburbs of Europe and North America fit this profile. New mobility services may result in a decline of private-vehicle sales, but this decline is likely to be offset by increased sales in shared vehicles that need to be replaced more often due to higher utilization and related wear and tear" (Gao, Kaas, Mohr, & Wee, 2016). Autonomous vehicles will still offer tremendous utility to city dwellers in the coming years as most cities egregiously fail to satisfy public transportation needs and abstain from future-proofing their eroding transportation infrastructure. It is projected that almost 70% of the global "population will reside in urban areas by 2050" ("UN: 68 percent,"). This migration to urban areas will render car ownership all the more unappealing. While paying to utilize public transportation systems and ride sharing services can be expensive, it may culminates in being far less expensive than paying for monthly car loan payments, monthly parking fees, vehicle registration fees, high auto insurance rates, and high maintenance repair costs. Vehicles profusely depreciates each and every year at the car owner's expense and can be very expensive to procure, maintain, retain, and operate. Even though most public transportation systems are not modernized nor streamlined to satisfy growing public transportation needs, they at least help curb the city dweller's need for vehicle ownership. It stands to therefore reason that the annual growth rate of vehicle sales will be preordained to decline in the coming decades as more and more customers live in cities and do not experience the need to own cars.
This essay sheds light on why plug-in hybrid electric vehicles are the best type of vehicles and elucidates why natural gas vehicles do not warrant the cost. Moreover, why electric cars do not warrant the cost is delineated and the ample problems with buying an electric vehicle are explicated in this essay. Furthermore, the criteria for how to determine if buying a car is worth the investment is demystified and how to earn substantial money online so that you can afford to finance your plug-in hybrid electric vehicle purchase is expounded upon in this essay. While it may seem far fetched, plug-in hybrid electric vehicles are the utmost best type of vehicles available for sale on the car market in the digital era. Succinctly stated, plug-in hybrid electric vehicles are the utmost best type of vehicles since they can operate off electric power or gasoline, unlike other types of vehicles. "The reason that hybrid vehicles are more efficient than conventional gasoline-only vehicles is because they have the ability to 'reclaim' energy that was once wasted, for example, the energy used when braking" ("Plug In Hybrid," 2012). Regenerative braking for instance allows plug-in hybrid electric vehicles to partially recharge their battery pack. Regenerative braking can be exhibited enroute and helps prolong the vehicle's driving duration before the plug-in hybrid electric vehicle becomes rendered inoperable. In stark contrast to a typical hybrid vehicle, the plug-in hybrid electric vehicle has the highly pragmatic ability to be recharged "by connecting it to a wall outlet in your home or elsewhere" ("Plug In Hybrid," 2012). More customers are beginning to take heed of the possibility of procuring a plug-in hybrid electric vehicles. It is far more affordable it is to operate a car off of wattage as opposed to gasoline. Customers can even convert their existing hybrid vehicles into plug-in hybrid electric vehicles. This process involves going to an auto body shop so that vehicular modifications can allow their hybrid vehicle to be able to recharged when connected into "a wall outlet in your home or elsewhere" ("Plug In Hybrid," 2012). In order for a hybrid vehicle to become a plug-in hybrid electric vehicle, an auto mechanic will need to "add extra batteries into the vehicle in order to improve the hybrid's electrical holding capacity and will also need to add a 'jack' "("Plug In Hybrid," 2012) so that it can connect "to the power grid" ("Plug In Hybrid," 2012). Even though converting a hybrid vehicle into a plug-in hybrid electric vehicle can be very costly, it is an expenditure worth paying if you profusely utilize your vehicle. Plug-in hybrid electric vehicles offer a host of benefits to vehicle owners. "The extra battery capacity of the plug-in hybrid is the key to reaping the benefits of the plug-in hybrid electric vehicle configuration. On a conventional hybrid car, that kind of extra capacity is out of reach since the hybrid vehicle never fully charges except on long freeway trips. By adding the plug in jack with the extra battery, the plug-in hybrid electric vehicle has the ability to use its extra capacity by running on all-electric mode for an extended range of 30 miles or more. That means that instead of depleting expense gasoline, the car uses electrical energy which is much cheaper. Since most trips are less than 30 miles, that means the vehicle can operate in-town without ever using a drop of gasoline" ("Plug In Hybrid," 2012). Plug-in hybrid electric vehicles discharge minimal tailpipe emissions relative to conventional gasoline powered vehicles. This means that they help reduce mankind's carbon footprint and decelerate the rate of climate change due to a reduction of carbon dioxide emissions in the atmosphere. Furthermore, by owning a plug-in hybrid electric vehicle you are less dependent on needing gasoline to fuel your vehicle than most vehicle owners. Fortunately, a plug-in hybrid vehicles can operate off of electricity.
This essay sheds light on why why electric cars do not warrant the investment and also elucidates the the problems with buying an electric vehicle. Moreover, the criteria for how to determine if a car is worth the investment is delineated in this essay. Furthermore, how to earn substantial money online so that you can afford to finance your electric vehicle purchase is expounded upon in this essay. In spite of their touted merits, electric cars unequivocally do not warrant the investment. Even though electric cars operate more efficiently than gasoline powered vehicles and can therefore save you money on fuel costs and vehicle maintenance services, these vehicle running costs savings reaped over the course of ample years will not be substantial enough to even offset 50% of the exorbitant premium paid upfront to procure the electric vehicle over a gasoline powered vehicle. Electric vehicles tend to rapidly depreciate in value and are therefore not a prudent investment in your future. Moreover, charging times for an electric vehicle are long, electricity prices are on the rise, the lithium-ion battery in electric vehicles is deemed a potential fire hazard, and there is a lack of electric vehicle service centers which ultimately means that there are an abject lack of technicians who are competent in servicing electrical vehicles.Even though the cost of operating an electric vehicle if you already paid for it in full would be roughly one third of the cost of operating a gasoline powered vehicle, these savings reaped overtime on vehicle running costs, such as vehicle maintenance costs and fuel costs, do not offset the premium of $20,000-$50,000 exhausted upfront to procure an electric vehicle over a gasoline powered vehicle. "The average cost of an electric vehicle is $55,000 while the average cost of a gasoline powered four-door sedan is $35,000. Even though the engine of an electric vehicle has less moving parts, such as fan belts and spark plugs, which saves you money on replacement parts and service costs every year, the average yearly savings in maintenance for an electric vehicle owner is only approximately $800 a year" ("Electric Cars VS," 2019) even though you may have to pay a premium of at least $20,000 upfront to procure an electric vehicle over a gasoline powered vehicle. As per operating costs to drive the vehicle, "the breakdown for a gas-powered car VS an electric car comes out to be $9.83 per 100 miles for a gas car and $5.27 per 100 miles for an electric vehicle. When directly compared, the cost to power an electric vehicle is about half of what it costs to fuel your gas-powered car. It is important to note that pricing for power varies depending on your utility company and how they charge for power. For example, some utility companies charge higher Time-Of-Use (TOU) rates for things like 'peak hour usage, ' where the price of power is higher between 4 pm and 9 pm" ("Electric Cars VS," 2019). While this may seem enticing to be able to save on fuel costs by owning an electric vehicle, you will not drive your electric vehicle enough to defray the $20,000 premium paid to procure it over a gasoline powered vehicle by saving on fuel costs and vehicle maintenance costs. Much to the chagrin of electric vehicle owners, electric vehicles are not the most economical vehicles to own. "Owning and operating a new vehicle in 2017 costed a driver an average of $8,469 annually, or $706 each month, according to a new study from AAA. The annual evaluation of driving costs reveals that small sedans are the least expensive vehicles to drive at $6,354 annually, followed by small SUVs at $7,606 annually, and hybrids at $7,687 annually. New to the Your Driving Costs study in 2017, AAA found that electric vehicles have driving costs at $8,439 per year. Without a gasoline engine to maintain, electric vehicles have the lowest annual maintenance and repair costs, at $982 per year. ("Costs To Own," 2017)
We may be standing on the precipice of a revolution in propulsion not seen since the internal combustion engine replaced the horse and buggy. The anticipated proliferation of electric cars will influence the daily lives of motorists, the economies of different countries and regions, urban air quality and global climate change. If you want to understand how quickly the transition is likely to occur, and the factors that will influence the predictions of the pace of the transition, this book will be an illuminating read.
Hybrid Cars! Man! Is that a HOT topic right now! There are some good reasons why hybrids are so hot. If you’ve pulled your present car or SUV or truck up next to a gas pump and inserted the nozzle, you know exactly what I mean! I written this book to give you some basic information on some things you may have been wondering about. I’m sure, if you’ve even thought about a hybrid car, you’ve probably asked yourself the following questions: Just What IS A Hybrid Car? Why Should I Be Interested In Hybrid Cars? Is A Hybrid Car For Me? How Does A Hybrid Car Work? Do I Have To Drive Differently? Do They REALLY Save Gas? How Can I Get The Best Gas Mileage? What’s The Future For Hybrid Cars? I’ve answered all of those questions and more in this great little book. It isn’t a technical manual. By any means. This book is meant to answer your general questions, give you a general overview of hybrid cars and prepare you to decide if you want to explore them further. Some people think that hybrid cars can make a HUGE difference in our world, while others think they’re just a passing trend. This book will help you sort out how you feel and what to do next, if you like what you read.Enjoy, learn a little, and get to know all about hybrid cars!
Hybrid cars, and indeed, all electric vehicles are playing a rôle in the salvation of the planet’s eco-system. At least, in respect to the world supporting human life. However, hybrid cars will one day be replaced by vehicles that use no irreplaceable energy at at all, once the technology is there. It is likely that there will be at least two such power sources in the near future: electricity and hydrogen – but who knows what else will be available? Hybrid and electric cars are revolutionizing the automotive landscape, offering a myriad of advantages that extend beyond the traditional internal combustion engine. One of the primary benefits is environmental sustainability. Electric cars produce zero tailpipe emissions, significantly reducing air pollution and carbon footprint. As the world grapples with climate change, the shift towards electric vehicles is a crucial step in mitigating environmental impact. Furthermore, these vehicles contribute to energy efficiency. Hybrid cars combine an internal combustion engine with an electric motor, optimizing fuel consumption and reducing reliance on fossil fuels. Electric cars, relying solely on electric power, boast high energy efficiency and cost savings over time. With advancements in battery technology, electric cars now offer extended ranges and faster charging times, addressing concerns about range anxiety. Beyond environmental and economic advantages, hybrid and electric cars provide a smoother and quieter driving experience. The instant torque delivery in electric motors enhances acceleration, making these vehicles not only eco-friendly but also performance-oriented. As governments worldwide incentivise the adoption of cleaner technologies, the advantages of hybrid and electric cars position them as the driving force in the future of sustainable and efficient transportation. Translator: Owen Jones PUBLISHER: TEKTIME
The Pew Group provides one of the thirteen essays here, plainly stating that hybrid and electric cars make the United States more competitive, so why don't we see these cars everywhere? Readers will explore this issue across several topics relating to these cars, including what to do with mileage taxes, whether the government should subsidize the cars, and why China does not embrace these cars.
This illustrated history chronicles electric and hybrid cars from the late 19th century to today's fuel cell and plug-in automobiles. It describes the politics, technology, marketing strategies, and environmental issues that have impacted electric and hybrid cars' research and development. The important marketing shift from a "woman's car" to "going green" is discussed. Milestone projects and technologies such as early batteries, hydrogen and bio-mass fuel cells, the upsurge of hybrid vehicles, and the various regulations and market forces that have shaped the industry are also covered.