Check out our E-Book on Metaverse and Smart Contracts: Challenges and Key Considerations

EV Chapter 3: Why go electric?

Author: Business Law Chamber |

Article by Business Law Chamber

With Covid-19 hitting us for the second time and leading to an unexpected shortage of oxygen in India, people in the country have realized the importance of a healthy and clean environment, which makes Electric Vehicles (EVs) the most trending in the automobile industry. However, some may still wonder why go electric when we can opt various other options to make a healthier environment. Here’s why:

The biggest difference between EVs and conventional vehicles is the power source. EVs use motors, whereas, traditional or conventional vehicles use an internal combustion engine. Unlike conventional vehicles, EVs do not emit any harmful gases such as carbon dioxide. Further, insufficient concentrations from conventional vehicles harm humans directly. Petrol stations are an environmental risk and a safety hazard as they require bulk storage of explosive toxic fuels. In case of EVs, charging stations are safe and can be set up almost anywhere at low cost and can be easily utilized without the need for monitoring.

Undoubtedly, gas-powered vehicles may have an upper hand over EVs as they provide a superior cruising range and feature a wider selection of models and features than an EV. Further, refueling a conventional vehicle can be achieved quickly in comparison to an EV. However, various companies in the automobile industry are working towards solution to these two major concerns in EVs. Furthermore, undeniably, EVs are the future of the automobile industry around the world as countries can not depend on conventional vehicles for long. It is evident that conventional vehicles are harming our environment and our lifestyle and the shift is now the need of the hour.