Latest Electric cars How expensive are they really

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Electric cars How expensive are they really?

• MG Motor India

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Purchase cost

• The average human defines value as the cost of
  something, versus how much were getting for it.
  Electric vehicles, on the face of it, may seem
  expensive compared to a regular petrol or diesel
  car that has the same specifications. However,
  did you know that EVs cost far more for
  manufacturers to produce? In fact, if you factor
  in the cost of research and development for
  electric vehicle technology, manufacturers tend
  to spend more money on design and development
  than what they make through EV sales at this
  point. 
• The good news, however, is that governments
  usually provide incentives for electric vehicles
  in the form of lowered import duties and tax
  rebates. This encourages the adoption of new
  technology one that is cleaner for the
  environment and offers a sort of win-win
  situation for everyone.

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Running cost

• Lets talk about the source of power now. Its
  common knowledge that the extraction of fossil
  fuels plays a significant role when it comes to
  damage caused to the environment. But since
  electric vehicles do not rely on fossil fuels,
  this process is eliminated. More importantly,
  electricity generation is moving towards
  alternative and renewable sources, such as wind
  and solar power. 
• In addition to this, unlike fuel, the cost of
  electricity doesnt fluctuate daily it doesnt
  depend on a few select countries to set the
  price, and it is not affected by military
  conflicts that are taking place elsewhere in the
  world. This means the running costs of an EV
  generally remain constant, and that is one less
  thing to worry about. 
• Electric vehicles are also far more efficient at
  converting the electrical energy stored in their
  batteries into usable energy. This is because
  electric motors produce peak torque across their
  entire rev range, meaning theyre at their most
  efficient all the time. Also, they do not need
  gearboxes, and this reduces complexity and loss
  of power from the motor to the wheel.

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Maintenance cost

• So, what kind of impact does a lower running cost
  have on maintenance? Well, with fewer moving
  parts in an electric car, you have fewer things
  to take care of. There is no oil to be changed
  regularly and as a result, no oil or air filter
  either. There are also no belts or timing chains
  to tighten, no valves to set, and no clutch to
  replace.
• Most modern EVs get updates like any other
  electronic device you have over the air. Even
  if you do not use your EV regularly, all you have
  to do is ensure the battery is changed to a
  specific level by plugging it in for a while. And
  if your EV has internet connectivity like the MG
  ZS EV, you can check the status of various
  elements, such as tyre pressure and battery
  charge, right from your phone and whenever you
  choose. If needed, you can plug it in and let it
  charge without any worry. This makes owning and
  maintaining a car easier than ever before.

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