As their name implies, electric vehicles are powered—in all or in part—by electricity. All-electric vehicles are charged by plugging the vehicle into an electric power source, like an outlet or a special charging station. The energy is stored in a battery and the battery powers the vehicle when it’s in use. Hybrid electric vehicles are powered by a combination of an electric motor and an internal combustion engine that runs on gasoline.
HOW MANY PEOPLE HAVE ‘GONE ELECTRIC’?
Though electric vehicles account for only about 3 percent of all auto sales, according to the Center for Automotive Research, they are gaining popularity and their sales were up more than 16 percent in 2017 compared to 2016. Electric vehicles are expected to become more affordable, and a federal tax credit also exists to help offset initial costs.
WHAT ARE THE BENEFITS?
Electric vehicles offer numerous benefits over traditional gas-powered vehicles including increased energy efficiency, reduced environmental impact, and lower fuel and maintenance costs. According to the Electric Power Research Institute (EPRI), EVs can be more than twice as energy efficient, save 70 percent in fuel costs, and reduce carbon dioxide emissions by 75 percent, compared to internal combustion engines. And the good news is that electricity continues to get more efficient as a power source and its prices are more stable than fossil fuels.
Drivers often cite “range anxiety” as a primary barrier to adopting electric vehicles, but as electric vehicles continue to make up more of the auto market, so too will charging stations. Additionally, battery technology is improving the number of miles electric vehicles can travel on an electric charge, expanding the vehicles’ use from day-to-day commuting and activities to transit and travel.
EDUCATION AND INFORMATION.
We strive to provide our members with the knowledge needed to make informed energy decisions and stay up-to-date on new technology issues that may affect our cooperative, including electric vehicles. We exist to serve our members, not to generate a profit, and we’re looking out for your best interests. Contact us at the office or go to our website and look under Energy Center and Renewable Energy tab for more information about electric vehicles and the other services we have available to support your needs.