Electric Vehicles Spark Manufacturer’s Interest

As the need to ‘save the planet’ becomes more important, car companies are turning toward producing more sustainable automobiles. Although vehicles that run partially or entirely on battery power have been previously thought of as weak or not having what it takes to make long distance trips, current electric vehicles are breaking the stereotype.


Perhaps the first step in debunking the electric car myths occurred in 2013, when Elon Musk, the founder of Tesla Motors made the nine-day, cross-country trip from Los Angeles to New York in his company’s Model S Sedan. This publicity stunt showed the automobile industry that electric cars can do the distance.


Telsa’s cars, which are Plug-in Electric (PEVs), have done very well. These cars rely solely on electricity to power the vehicle and do not use an internal combustion engine. The other side of electric vehicles (EVs) are the Hybrid Electric Vehicles (HEVs). A prime example of this type of car would be the Toyota Prius. These vehicles combine the use of an internal combustion engine with an electric propulsion system. Many modern HEVs also have technology that converts the kinetic energy generated form the vehicles brakes into electric energy used to charge the car’s batteries.


Another common myth is that consumers driving EVs will end up spending more because of the increase in electric bills. While it is true that your electricity bill will go up, in the end you will be saving money because you will be spending much less or won’t be spending anything on gas, depending on what type of EV you decide to drive, HEV or PEV. According to the Union of Concerned Scientists, on average a PEV costs just $421 dollars a year to fuel, a HEV costs $764 dollars to fuel a year, and gasoline-only vehicle costs $1,500 a year to fuel.


Consumers are now appreciating the money-saving and eco-friendly aspect of EVs and car companies are taking notice. Audi and Porsche have recently unveiled their own versions of EVs. Porsche will be producing a battery-powered sports car, and Audi is working on a sport-utility vehicle. These high-end EVs which will compete with Telsa but will not be on the market until 2018. If you don’t want to wait that long for an EV but want to do your part in the saving the planet, check out Swapalease.com. Swapalease.com has been helping people who want to switch up their ride for more than 15 years. Headquartered in Cincinnati Ohio, Swapalease.com is an online marketplace that allows drivers to list their current lease and helps match them with buyers looking to take over the remainder of that lease. Both parties get what they’re looking for all with the convenience of online shopping.


For more information on finding the best car lease deals or to learn how you can have a successful car lease trade, visit Swapalease.com or contact them at 866-SWAPNOW.