Go fuel-free with our electric vehicle buying guide
Electric vehicles (EVs) are expected to comprise 100 per cent of new car sales by 2046, according to forecasting from the Federal Government's Renewable Energy Agency. In the absolute best case scenario this could happen even earlier – by 2038.
There's no doubt that these vehicles are the future but, like any new product, understanding what's on offer can be confusing. To make it easier check out our EV buying guide.
One of the most important considerations when buying any EV is range – or how long the car can drive on a single charge. If you drive 150 km or more a day, or regularly take long trips, a short range can prove problematic.
At the lower end of the scale you have more affordable EVs like the upcoming Kia Soul that boasts a range of around 150 km,or the Hyundai Ioniq with a range of 200 km (Canstar Blue). On the high end you have more expensive cars like the Mercedes-Benz EQC slated for release in 2019 and reportedly boasting a range exceeding 450 km.
Think about the way you drive and how far on a typical day and make sure you buy an EV with a range that's suitable.
Right now electric vehicles are typically more expensive than their petrol counterparts, however their prices should continually drop as they become more widely adopted.
More affordable EVs include the brand new Renault Zoe at around $50,000 and the Kia Soul that will reportedly retail for even less. These cars have several high tech features, decent ranges and responsive acceleration, providing a great driving experience.
If you want a little more, something like a Tesla Model S or the upcoming Mercedes-Benz EQC may be a better option. These cars feature all the luxuries you'd expect from a high end car and supercar-level acceleration.
If the EV you're considering costs a little more than you'd like to spend, it's worth considering the savings you'll make when you choose it over a petrol car. As an example let's look at Canstar Blue's numbers:
- A $55,000 EV with a 183 km range costs on average $4.72 per 100 km to run.
- That's an average of $651 per year in running costs assuming you drive 13,800 km.
- A similar petrol car that costs $40,000 will cost $18.35 per 100 km to run.
- That's $1,881 more than the electric vehicle, assuming you drive the same distance.
What's more, EVs are also considerably cheaper to maintain as electric motors need very little servicing.
There are hundreds, if not thousands, of electric charging stations in major cities throughout Australia, so if you live centrally charging your EV should be no problem. However, if you're located in the far flung country charging your EV in a public space may prove more challenging. This problem can be easily solved by installing a home charging station that costs under $1,000, but you should account for this expense when buying.
If you're considering an EV purchase, why not drop into your nearest Peter Warren Automotive branch and have a chat to our friendly staff about what's on offer now and what's coming soon.