Top 3 Reasons for buying an Electric Vehicle in Hamilton
Top 3 Reasons for buying an Electric Vehicle in Hamilton
Posted on August 31, 2022
There are so many reasons why buying an electric car is a great option, but let’s talk about the ones we think are the top.
- The Environment
We know, we know. Everyone has already heard that vehicles are the top producers of emissions, but it doesn’t hurt to reiterate the point. Passenger vehicles (cars, pick-ups, minivans, SUVs) account for roughly 21% of nitrogen oxide emissions and 51% of volatile organic compound emissions in Canada. These are involved in reactions that result in ground-level ozone, a respiratory irritant, and a major component of smog.
Anyone who lives in Hamilton knows that smog is a problem, so why wouldn’t you want to take steps to improve the air quality in the city so many call home?
- Convenience
Think of how much time and energy you could save by never having to make pit stops at the gas station. With most charging done overnight EVs are incredibly low maintenance when it comes to actually having to use outside resources. Of course, if you’re headed out on a long journey you’ll need to stop and “fuel up” at charging stations occasionally. According to a report from Clean Energy Canada, rest stops are being reimagined for EV owners and may soon include dog parks and fitness centres. Chances are you won’t need to stay too long though: a fast-charging station could get you from zero to 80% in twenty minutes.
- Money Saving Possibilities
The same report from Clean Energy Canada, titled “The True Cost”, compared several models of EV and gas-powered vehicles to see whether the lifetime cost of ownership really is lower for EVs. In 11/12 comparisons the answer was yes: lifetime cost of EV ownership is significantly lower than gas-powered cars, trucks, and SUVs. The only exception was the Ford F-150 Lightning. Namely because the sticker price is considerably higher than its ICE counterpart, although if gas prices had stayed closer to $2/L that would not have been the case.
The report used an average of charging costs per kWh from across Canada and an average of gas prices from April 2021 to March 2022 to make the comparisons. Owning a sedan or hatchback EV is 22%-32% cheaper than gas and electric SUVs and crossovers came in at around 21% less costly. Premium vehicles (models compared were the 2022 Tesla Model 3 and 2022 Lexus ES 250) didn’t show significant cost differences: only around $2,000 less for the Tesla.
Bear in mind that as more companies jump into the electric market, competition will cause prices to decrease further, making that initial high price tag of EVs more palatable.
It won’t be long before Hamilton and the rest of Canada have no other option but to buy electric, so why not take a look at the benefits and get in on the action now?
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