Transportation has become one of the lifelines for people that is as important as breathing.
With travel required for daily work activities and better efficiency expected by people, businesses have to work on quality and provide services as quickly as possible.
Future of Hybrid and Electric Cars looks bright and they might be a possible solution to this problem.
For logistic departments, vehicles with good efficiency are essential. Thus, businesses can reduce expenses in this department by adopting electric or hybrid cars, which are cost-effective.
The reduction in costs will benefit people indirectly. For example, if transportation expenses are less, then the product transported or cabs expenses for travelling passengers will also reduce.
With the threat of fossil fuels getting exhausted, there is a need to expand the use of renewable energy sources in the transportation industry. The only viable option to do so is by supercharging the use of Hybrid and Electric vehicles.
Internal combustion engine is quite a significant invention for humans. As an internal combustion engine, it was quite efficient but with time, it evolved into a cleaner and a better version of itself. Do learn how does an IC engine works. But further in this blog we will focus on Electric and Hybrid vehicles.
- There is a growth in sales of HV and EVs. It might be due to the implementation of a ban on petrol cars production from 2030.
- Charges for petrol car may increase in future with more attention to HV & EVs and fewer improvements in IC engine cars.
- Improving batteries, infrastructure and electric grid are some of the major concerns at present.
- Tax relaxations, reduction in manufacturing costs, increasing domestic manufacturing and improving technology in HVs and EVs are primary factors for promotion in future.
Electric cars are the future.
An alternative to an Internal combustion engine vehicle is an Electric Car. An Electric Car is a vehicle in which an electric motor is used for the car’s functioning. In this, rechargeable batteries stores electricity that is fuel.
The first Electric Car was operated in 1880-1890. Tesla Motors in 2008 launched its first electric car (Roadster). Some of the electric cars in India are: Jaguar I-Pace, Tata Nexon EV, Tata Tiger EV and Mahindra E Verito.
If your preference is for high speeds at some times but fuel efficiency and low cost at other times, then you will prefer Hybrid Cars. In this, you can switch between different motors.
The whole unique point of hybrid cars is to have additional energy sources in the same vehicle for its functionality. At present hybrids are quietly selling faster than electric cars.
An example of this type is a petroleum-electric hybrid vehicle – Kia Optima. In this, an IC engine is used which can have gasoline and diesel as fuel. Also, an electric motor is present for utilization of electricity as a fuel to run the vehicle.
Some of the best hybrid cars in India are: Toyota Camry and Lexus LC 500h
Future of Electric & Hybrid cars
The UK government, the Indian government, and some more have already passed the policy for banning the sale of non-electric vehicles by 2030.
This means that in future there will be growth in Hybrid & Electric cars production. And for the same, research for improving them is already started. As per a report by 2025, 5.4 million units of cars will be produced
Some of the manufacturers of such vehicles are Tesla, Tata Motors, Mahindra electric, Hyundai Kona electric, Lucid motors, etc.
As of now, there are following types of vehicles EVs & HVs:
- Plug-in Hybrid electric vehicles (PHEVs)
- Hybrid electric vehicles (HEVs)
- Battery electric vehicles (BEVs)
Things needed to be considered in the near future
- Improving batteries
The key reason for people not opting for EVs is the concern of charging during travels. Better wireless charging will be the future goal, with the car being able to travel long distances without needing a recharge. See some of the best electric cars range possible at present.
Other than the research in electric vehicles, research in improving the infrastructure design that will provide electric cars charging stations & plug-in services needs to be planned and looked at from now itself. Providing chargeable stations at a wide range of locations will make people prefer EVs.
- Electric Grid
The government will have to improve electricity production to meet the demand in the future. If these facilities are not available before mass production or promotion of cars then this will degrade EVs & HVs popularity and hurt businesses in sales.
Cost and ways of Expense
Hybrid and Electric Cars differ in the way fuel is used. One common thing is in both batteries are used to save electricity, but in hybrid cars, there is a choice of switching between fuel used. And thus, you can reduce fuel costs as per your preferences.
Running out of electric charge is possible in both, but in Hybrid, you have the advantage of switching to other sources.
In both, electricity produced depends on solar, wind or batteries, etc., which will be the reason for different costs of vehicles. In the future, R&D in this segment is necessary for reducing costs on the whole.
Like IC cars, Hybrid Cars incur maintenance costs, but EVs incur less compared to others as there is no liquid fuel involved or as the combustion is dependent on an electric motor which is comparatively easy to maintain.
Depending on the model and company, the cars cost differently. Electric Cars cost from around 4 lakhs to as much as 1 crore. For Hybrid Cars, on average, it is around 20 lakhs minimum.
Compared to conventional IC cars, prices are similar, but considering above all factors, EVs & Hybrid cars cheap and cost-effective attributes can be achieved in the long run.
Now Hybrid and Electric Vehicles are starting to dominate the market. As such, there is a need to know who are the giant companies in this field. Aside from above companies look into these Top brands to choose an EV from.
- Charging locations – As of now, sites for charging are scarce, which creates concern in users’ minds to use EVs as a travel option.
- Time to charge – It might take as much as 8-10 hours for complete charging, which are meant for overnight charge scenarios, but there are also quick charge options in some cars with 30 min to 1 hour required.
- Charge Lifespan – The issue with a chargeable battery is that we don’t know for how long will it last. There will always be a concern like “will the charge be enough to make a round trip or not. Look at Electric car kia range.
- Evaporative emission system – Hybrid Cars have to deal with leaks or failure of the emission system.
- Awareness – If EV car breakdowns, you can’t call just any mechanic. You will need a specialized mechanic who is knowledgeable about EVs. For now, these mechanics are not present in large numbers and this might be a big problem.
Promote in future
The following can be some measures government and hybrid & electric cars company can take to promote vehicles.
- R&D access – Big companies can share their research at the right cost, so the interest of businessmen increases in investing in EV & HV.
- Tax cuts – One good way to make people buy these cars.
- Infrastructure – Develop infrastructure (build more charging points) so trust and reliability characteristics can be cultivated in people.
- Costs – Reduce manufacturing costs to indirectly reduce the prices of the cars. If it is possible to lower costs below conventional IC engine cars, only then interest for these cars can be generated in the world.
- Increasing domestic manufacturing – So people don’t have to spend money on importing cars, also car dealers can use domestic materials to eliminate import part expenses.
- Technology – Improve technology basically battery life to provide better services and this, in turn, will reduce anxiety.
- Environment Friendly – This will be the most significant advantage of using EVs &HVs for the world with the pollution level increasing.
As EVS & HV are silent, don’t pollute, and overall are cost-effective, these will be preferred a lot over conventional cars in the future.
Frequently Asked Questions
Is there a future for hybrid cars?
Yes, hybrid cars are becoming the new trends in world, and by 2030 there is a plan to phase out the IC vehicles.
Are hybrids being phased out?
Yes, with the new laws implemented that says ban on production of IC vehicles, electric vehicles are the future. In India and UK a ban on IC cars will be applied from 2030.
Can I still drive my petrol car after 2030?
Yes you can drive IC cars even after the ban to be implemented in 2030. the ban is on production of petrol car and not on the existing use of petrol cars.
How long does the battery of an electric car last?
It will depend on the type and size of battery installed in the car. But range will be around 100 -450 km.
Should I charge an electric car every night?
It is not necessary as the batteries can hold the charge for long periods of time. The only reason to keep full charge at all times is to be able to travel long distance based on remaining charge.