The unstable price of crude oil in the world market has greatly affected the automobile industry that boasts itself of continuously improving the technology of car manufacturing.
Prospective car buyers now have to consider the long term effects of owning a car due to the increasing price of gasoline. This is the reason why most people are very much open to the idea of using the other means of transportation that are available to them rather than driving their own car. That’s how expensive it is to maintain a gasoline-powered vehicle nowadays.
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If you’re old enough, you may remember your grandparents talking about electric cars. But the electric powered cars people are talking about nowadays are nothing like those electric vehicles from the early 1900s.
When you hear someone talking about hybrid cars, they are actually talking about a car that runs on a combination of gas and electricity (in technological terms, cars with gasoline-electric powertrains).
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10 years ago electric and hybrid cars would make people giggle at their very mention. Yet these prototypes were nothing short of the human brilliance paving the way for what is soon to become the future of road transport. Electric vehicles are not a fashion trend, they represent the next revolution in automobile technology. It’s not so hard to see why there is such a hype about electric cars. Here are some of the points:
Electric motors by design are much more efficient than Internal Combustion Engines (ICE). They achieve efficiencies of well over 90% compared to an average of 20% for ICE. This translates into greater economical incentive since electric motors average 6Km/Kwh (Kilometer per Kilowatt-hour of energy) compared to 2.5Km/Kwh for ICE running on petrol. Efficiency with ICE is a big problem as there is not much scope for improvement. You see, in physics the laws of thermodynamics come into play theoretically limiting the efficiency of these designs to about 40%.
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