The financial advantages of the electric car

Electromobility continues to gain ground in the automotive sector. By 2023, a quarter of vehicles sold in France will be powered by an electrical outlet, whether as fully electric models or as plug-in hybrids, setting a new record. Fully electric cars made up 16.8% of new registrations, while plug-in hybrids represented 9.2% of vehicles put into circulation. Meanwhile, petrol engines have maintained their stability, accounting for more than a third of newly registered vehicles, but the major point of this report is that the share of diesel vehicles sold in 2023 has continued to decline.

Purchasing an electric car in 2024 offers numerous ecological and economic advantages, all to move towards more sustainable mobility and the transition to environmentally friendly modes of transport. A manufacturer like Hyundai firmly believes in the future of electric in the automobile sector and therefore offers a 100% electric range.

Ecologically, electric cars present a more sustainable alternative to traditional vehicles running on gasoline or diesel. Their main advantage is that they do not produce direct emissions during use, thus helping to reduce air pollution and greenhouse gas emissions. By opting for an electric car, drivers help mitigate negative impacts on air quality and fight climate change.

With the transition to renewable energy, such as solar and wind power, electric vehicle charging is becoming more and more environmentally friendly. This helps address concerns related to air and water pollution, as well as ecosystem degradation, by reducing demand for non-renewable resources.

Economically, purchasing an electric car can also have significant benefits. Although the initial cost may be higher than traditional cars, owners often benefit from tax breaks and government subsidies intended to encourage the adoption of electric vehicles. Additionally, the operating costs of an electric car are generally lower than those of gasoline vehicles, due to reduced costs related to fuel, maintenance and repairs.

Electric car owners can also benefit from reduced charging rates, particularly during off-peak hours, helping to optimize the overall total cost of ownership. Additionally, continued improvement in battery technology reduces battery replacement costs, thereby strengthening the economic appeal of these cars.

Additionally, purchasing an electric car helps drive innovation and economic growth in the electric vehicle sector. The automotive industry is rapidly evolving to meet the growing demand for electric cars, creating jobs in the design, manufacturing and maintenance of these vehicles. Investments in research and development linked to clean technologies are also encouraged, promoting the emergence of more energy and ecologically efficient solutions.

Additionally, purchasing electric cars can contribute to reducing economic dependence on oil imports. By investing in electric vehicles, countries can diversify their energy supply and reduce their vulnerability to fluctuations in oil prices in international markets.

An important economic aspect lies in the reduction of the national energy bill. Electric cars offer the possibility of storing and using electricity more efficiently, thus contributing to smarter and more sustainable management of energy resources and therefore wasting less. This can result in greater resilience of power grids and reduced costs associated with energy infrastructure.

In conclusion, buying an electric car in 2024 represents a wise ecological and economic choice. By helping to reduce greenhouse gas emissions, preserve air quality and promote economic innovation, electric cars have become an attractive option for environmentally conscious consumers. and looking for sustainable economic solutions in the field of mobility.

If the offer is very broad today, be aware that the competition between the two main manufacturers of fully electric vehicles, Tesla and BYD, took a significant turn during the last quarter of 2023. The two companies were already closely positioned in one in relation to the other during the third trimester. Tesla distributed 484,507 fully electric vehicles, demonstrating an increase of 20% compared to the previous year. While this sets a new record, these numbers fail to surpass BYD, which is currently experiencing sustained growth. The Chinese company sold approximately 526,409 fully electric cars, showing a significant increase of 60% compared to the previous year.

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