4 Advantages of Driving an Electric Vehicle
August 16, 2021
Curious on what are the advantages of driving an electric vehicle? Read on to find out.
The global electric vehicle (EV) market is growing and continues to grow. According to a market report, the global EV market will grow to reach US$802.81B by 2027 at a compound annual growth rate (CAGR) of 40.7%. Similarly,
consumer spending has breached US$120B in 2020
, according to the International Energy Agency (IEA).
The spontaneous growth stems from the immense support the EV industry gets from the government and the demand for low-emission commuting. When you think about it, there are various advantages of driving an electric vehicle and being an early adopter of this technology. Here are some of them:
Cash Rebates
Increasing awareness about climate change has spurned a growing desire for some individuals to ditch their old cars and shift to buy electric motorcycles and cars. Interestingly, many governments have shown support and deployed a wide range of incentives to promote the use of more EVs on the road.
As of 2019, governments have spent over US$14 B to support electric vehicles sales, with the majority of incentives coming from Europe. Most recently, New Zealand, through its Clean Car Discount scheme,
announced
cash rebates for EV buyers. Additionally, the UK government is
offering 1500 GBP ($2,000 USD) to purchase an Evoke Motorcycles Urban Classic or Urban S
. To discourage the purchase of gas-powered cars, the country will also introduce additional fees for vehicles that produce high levels of carbon dioxide emissions.
Tax Bonuses
Aside from cash rebates, electric vehicle owners can also expect to enjoy the advantages of driving electric vehicles via tax bonuses. Norway, one of the leading countries for zero emission, has been implementing tax rebates for electric vehicle owners. Aside from tax bonuses, EV owners can also take advantage of cheaper tolls and parking fees.
Among the other advantages of driving electric vehicles are tax credits in the form of reduced vehicle taxes or registration fees. California, for one, awards a US$2,000 cash rebate when buying an electric vehicle on top of the federal tax credit. This means out-of-pocket costs go down by as much as $10,000.
Fuel Savings
Using an electric vehicle provides considerable fuel savings. Conventional vehicles would typically cost an average consumer as much as US$2,094 in gasoline and motor oil expenses annually, based on the 2019 Consumer Expenditures report of the US Bureau of Labor Statistics. When compared to owning an EV, the charging cost is significantly lower. Assuming electricity costs US$0.13kWh and an Urban Classic consumes 8kWh to cover 100 miles. The price translates to only roughly $0.01 per mile to completely charge the batteries. Factoring in advanced technology, such as the Evoke Motorcycles’ Battery Management System (BMS), which can fully charge motorcycles in 15 minutes, equates to more savings.
Sustainability and Energy Efficiency
Many raise the issue that electric vehicle batteries also affect the environment. However, a report from the International Council of Clean Transportation revealed that battery manufacturing life-cycle emissions are quickly paid off after two years. These emissions from manufacturing batteries can considerably decline in the coming years, as leading manufacturers gear towards using cleaner electricity throughout the production life cycle. Similarly, the rising secondhand market for batteries can also reduce emissions to a greater degree.
More importantly, electric vehicles only produce less greenhouse gas emissions compared to an average car. In France and Norway, electric vehicles only produce less than 33% of the life-cycle carbon emissions of a typical combustion-engine vehicle.
Given all these advantages of driving an electric vehicle, owning an EV presents a win-win situation for consumers and the environment. Aside from making a significant contribution to the environment, EV owners can also gain rebates and rewards. What’s stopping you from going full EV? Let us know in the comments below!
Data logging for electric vehicles offers numerous benefits. Firstly, it enables vehicle owners and enthusiasts to comprehensively analyse and evaluate their vehicle's performance. By recording essential parameters such as engine RPM, speed, throttle position, and braking force, among others, data logging facilitates the identification of areas for improvement, fine-tuning of vehicle settings, and tracking of performance changes over time. Furthermore, data logging serves as a valuable diagnostic and troubleshooting tool, providing crucial information about sensor readings, error codes, and system behaviour during specific events or conditions. This empowers mechanics and vehicle owners to identify problems accurately and make informed decisions regarding repairs or maintenance. For performance enthusiasts, data logging allows customization and optimization of vehicle settings, as continuous monitoring and logging of performance data enable precise fine-tuning of engine parameters, suspension settings, and other components. This approach helps achieve desired performance characteristics while maximizing efficiency. Importantly, data logging contributes to safety by providing insights into driver behaviour and vehicle performance, recording data related to acceleration, braking, speed, and other parameters. This information can be utilized for training purposes, monitoring driving habits, and assessing vehicle performance during critical situations. Thus, data logging proves to be an invaluable tool, offering multifaceted advantages for vehicle owners, enthusiasts, mechanics, and the automotive industry as a whole. When it comes to Evoke Motorcycles, collected data is used for identifying errors and potential areas of improvement in prototypes and other models. If an error or an abnormality comes up in the data, it can be easily noticed and traced to its origin, helping identify the root of the problem. Furthermore, using data brings valuable insights into driver behaviour and its variety. If one behaviour is more prevalent than the other, or there are many, the design or parameters can be manipulated to better suit the driver and make the driving experience much more pleasant and comfortable. In the future, data analytics are planned to be shifted in the hands of AI/ML providing instantaneous criteria and analysis on the go, as the data is being collected. This will fully automate the process and result in much more detailed diagnostics once the AI is sufficiently trained on the past data processes. All of the data is collected and stored within the vehicle, as this surpasses the limitation of servers. If the data is stored within a server in one country, a user in the other might not be able to access it. If the data is stored inside the Evoke motorcycle itself, the user can access it at any point and maintains full control of their own riding data. If there are any issues with the electric motorcycle, or the user would like to understand their riding data better, it can be easily sent to Evoke for review, bypassing any geopolitical limitations that would be otherwise present with the use of servers. The vehicle records up to 10 hours of riding data and is collected every 0.5 seconds. As of 2024, the 120 collected data points make up the five main data pools:
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Vehicles, that run with combustion engines or ICEs rely on a jackshaft to efficiently distribute the produced power or simply optimise the conversion of energy to the wheels of the vehicle. ICEs cannot automatically regulate the speed of their rotation. In order to control it, different gears are introduced, to be able to increase and decrease the torque. If the jackshaft is part of a transmission system, it may have multiple gears or pulleys of different sizes attached to it. These gears or pulleys can have different ratios, allowing for torque conversion or speed adjustment. Gear ratio can be calculated via the formula below:
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