LEC Team, Author at Learn Electric Cars

Is Leasing EVs Cheaper Than ICE Cars?

Potential car buyers today often struggle with the question of whether leasing EVs could turn out to be cheaper than ICE cars. We shall try to weigh the pros and cons of this practice which is still at its nascent stage in the EV space. In recent years, the automotive industry has witnessed a significant shift towards sustainability, with electric vehicles (EVs) emerging as a promising alternative to traditional petrol-powered cars. As the automotive world strives to reduce its carbon footprint, consumers are increasingly considering the financial implications of transitioning to electric cars, especially when it comes to leasing options. This article delves into the question – Is leasing an electric car truly cheaper than leasing a petrol car? By examining cost factors, incentives, and long-term savings, we can paint a clearer picture of the financial landscape of these two options. You might also like: 5 New EV Battery Technologies – Aluminium-ion to Niobium Initial Cost Comparison: EVs vs Petrol Cars At the outset, the price tags of electric cars might seem higher than those of their petrol counterparts. However, this scenario is rapidly changing due to advancements in battery technology and economies of scale in EV production. Statistics reveal that the average upfront cost of an electric car has been steadily decreasing, and this trend is expected to continue as technology matures and production becomes more efficient. Additionally, numerous governments around the world offer incentives such as tax credits, rebates, and grants to encourage EV adoption. These incentives significantly narrow the price gap between leasing an electric car and a petrol car. You might also like: Top 5 Tips To Save / Earn Money From EV Charging Operational Savings: Fuel and Maintenance One of the most compelling arguments in favour of leasing an electric car is the lower operational cost over the vehicle’s lifetime. Unlike petrol cars that rely on expensive fossil fuels, electric cars are powered by electricity, which tends to be cheaper per mile. According to recent studies, the cost of electricity required to cover the same distance as a gallon of petrol can be as low as half the price. This translates to substantial savings, particularly for those who commute long distances. Moreover, the maintenance of electric cars is generally more affordable compared to traditional vehicles. EVs have fewer moving parts, resulting in fewer components that can wear out or break down. This reduced mechanical complexity leads to fewer visits to the repair shop and lower maintenance expenses. As a result, leasing an electric car can potentially save lessees a significant amount over the leasing period. You might also like: How Larger Tires Affect EV Range and Performance Depreciation and Resale Value Depreciation is a crucial factor to consider when comparing the total cost of leasing an electric car versus a petrol car. Electric cars, despite their initial higher costs, often depreciate at a slower rate than petrol cars. This is due in part to the growing demand for sustainable transportation and the continuous improvement of EV technology. A study conducted by the automotive research firm, Kelley Blue Book, found that certain electric cars retained their value better than their petrol counterparts over a five-year period. This means that when the leasing term ends, an electric car might hold its value better, potentially leading to a more favourable resale or trade-in value. You might also like: Which is Better EV Battery Cooling System – Liquid or Air? Learn Electric Cars Says The balance is shifting towards electric vehicles (EVs) when comparing their leasing with petrol cars. Though upfront costs remain a concern, incentives, operational savings, and long-term advantages compensate. Increasingly affordable EV technology appeals to budget-conscious buyers. Leasing EVs becomes a financially sound option due to operational savings, reduced maintenance, and potential for better resale value. Adopting EVs for a greener future has strong financial implications. It’s about emissions reduction and wise money choices. As governments promote green transport and automakers invest in innovation, EV leasing costs will likely decrease. Environmentally aware consumers seeking savings are finding the choice clearer: the electric path offers not just intentions but financial benefits too. This should help you make up your mind regarding whether leasing EVs is cheaper than ICE cars.

Munro MK_1 is an Electric SUV with Traces of Land Rover Defender

4 Comments / EV News / By LEC Team

The electric era of rugged off-roading SUVs has commenced as we are getting new-age capable EVs. The Munro MK_1 is an electric SUV that would instantly remind you of the original Land Rover Defender. The latter is one of the most iconic SUVs ever built. Munro is a Scottish carmaker. The MK_1 has been designed, engineered and built in Scotland. It is a sturdy EV that focuses purely on hardcore off-roading abilities. In addition, its silhouette resembles the OG Defender from back in the day. You might also like: Volvo EX30 SUV Revealed As One of The Most Powerful Volvos Ever You might also like: Avatr 11 Electric Crossover SUV Can Do 100 km/h in Under 4 secs Munro MK_1 Electric SUV – Specs It is offered in three trims – Utility, Range and Performance. All these have a dual-motor 4×4 setup as standard. The Utility has a 56.3 kWh (usable) battery and 204 km (127 mi) range, while the Range and Performance have a 75.8 kWh (usable) battery and 275 km (171 mi) range. These batteries have Lithium Nickel Manganese Cobalt Oxide cell chemistry and locking front and rear differentials. The max power and torque figures range from 295 hp – 375 hp and 600 Nm (443 lb-ft) – 700 Nm (516 lb-ft) respectively. The acceleration from 0-60 mph (96 km/h) takes 4.9 secs in the top variant. The maximum payload is 1,000 kg for all trims and the maximum towing capacity is 2,500 kg (Utility) and 3,500 kg (Range and Performance). Its bigger battery takes 36 mins to charge from 15-80% via 100 kW DC charger. The approach, ramp and departure angles are 84°, 148° and 51° respectively and the ground clearance is a colossal 480 mm (18.9 in). It has steel wheels with standard all-terrain tyres and a water-wading capacity of 800 mm. Munro MK_1 Electric SUV Specs Battery (usable) 56.3 & 75.8 kWh Drivetrain 4×4 Range 127 mi – 171 mi Range 204 km – 275 km Power 295 hp – 375 hp Torque 600 Nm – 700 Nm DC Rapid Charging 36 mins (15-80%) Acceleration (0-96 km/h) 4.9 secs – 7.6 secs Specs You might also like: How Larger Tires Affect EV Range and Performance Off-Roading and Storage The Munro MK_1 has a cavernous 1,600 litres (56.5 cu ft) loading compartment which can essentially carry just about everything you would need on long off-roading excursions. Parameters Dimensions Approach Angle 84° Ramp (Break-over) Angle 148° Departure Angle 51° Ground Clearance 480 mm (18.9 in) Water Wading 800 mm Boot Volume 1,600 litres (56.5 cu ft) Off-Roading and Storage You might also like: Are Repair Costs of Electric Cars Lower Than Petrol & Diesel Cars? Munro MK_1 Electric SUV – Features and Price Since the sole focus of the Munro MK_1 is utility, there are absolutely basic features including heated seats, heated windscreen, climate control with heat pump, LED cabin lights, household power outlets, USB-C ports, dust and waterproof switchgear, aluminium plates for the dashboard and parts of doors which are durable and easy to replace. You might also like: Top 5 Tips To Save / Earn Money From EV Charging The deliveries will commence next year (2024) and the prices for the three variants are £59,994, £71,994 and £83,994 respectively. That prices are inclusive of VAT and the bookings can be made for a £1,000 token amount.

Types of EV Battery Cooling Systems Liquid or Air

Which is Better EV Battery Cooling System – Liquid or Air?

6 Comments / Battery / By LEC Team

For achieving high thermal efficiency, EV batteries are needed to be kept within the optimal operating temperatures which is why the cooling systems for electric car batteries are critical. Liquid or air cooling system is the most widely used technique to keep an EV battery within the optimal thermal range. Lithium-ion batteries are influenced by temperatures a lot. In fact, that is a major drawback of these types of batteries. But these are energy dense, lightweight, relatively affordable and capable of fast charging, which is why these are mostly used in EVs today. However, an efficient thermal management system needs to be in place to keep the cells from getting too hot or cold to ensure a stable and maximum range and performance. You might also like: Top 5 Tips To Save / Earn Money From EV Charging You might also like: Mercedes Electric G-Wagon (EQG) to Get Silicon Battery Material Liquid vs Air EV Battery Cooling System Liquid EV Battery Cooling System There are two types of liquid battery cooling methods – Direct and Indirect. In a direct liquid cooling mechanism, the battery cells are in direct contact with the coolant. For this to work, the coolant needs to have low to no conductivity. However, there is still intensive R&D going on about this which is why we don’t see it in EVs at the moment. Indirect cooling is something that we have got accustomed to even in traditional internal combustion engines. It consists of thin metal pipes that are placed right next to the battery surface. The heat generated during discharging (when the car in is motion) is absorbed by the coolant (generally glycol or polyglycol) running in these metal pipes via conduction. As a result, the excess heat is taken away by the coolant and it recirculates over and over again. This is the most common method used to control the temperatures of EV batteries today. You might also like: 5 New EV Battery Technologies – Aluminium-ion to Niobium Air EV Battery Cooling System As the name suggests, air cooling systems use the principle of convection instead of conduction for heat transfer. The air circulates around the hot battery and absorbs the heat emitted by it. Needless to mention, this is quite an inefficient way to manage thermal balance. There were some earlier budget EVs that used to have this mechanism, but eventually, carmakers moved to liquid cooling systems. Other Types of Battery Cooling Systems There is also the fin cooling system that is used in many electrical appliances. You must’ve seen fans and cooling setups with thin fins. The principle used in this setup is also convection. These fins have high thermal conductivity which ensures that they absorb the heat. But installing fins inside the vehicles requires additional space and weight. Those are undesirable aspects in modern cars where packing efficiency is critical to liberating the maximum space for the passengers. Finally, there are also Phase Change Materials (PCM) which absorb heat and change from solid to liquid. As one would imagine, the reason why they are not used in vehicles is because of the change in volume. When matter changes forms, there is a change in volume as well. For instance, ice melts to form water. Ice needs compact space while the same amount of water needs more space in liquid form. This property of PCMs renders them useless for automobile applications. You might also like: Top Solid-State Battery Companies For EVs Learn Electric Cars Says In inference, due to the heat transfer capabilities of liquid cooling systems, these are much better than air cooling systems for EV battery cooling. Sure, there can be issues with the liquid cooling systems like leakage. But this system is designed in such a way that it doesn’t happen. In case it still transpires, it is ensured that the passengers remain safe. As far as corrosion is concerned, additives are added to the coolant to ensure great protection against any such issues.

Pros Cons Large Tires For EV Range and Performance

How Larger Tires Affect EV Range and Performance

6 Comments / Featured / By LEC Team

Larger alloy wheels and tire sizes have an aesthetic appeal that a lot of car buyers enjoy but there are practical disadvantages to it. We are sure you must’ve heard that installing larger tires on your EV has signficant influence on the range and performance. Knowing the importance of choosing the right tire is anyway important, but it becomes even more critical with electric cars where range of the prime concern. Range anxiety continues to plague the mass adoption of electric cars, in addition to a lot of other factors. That is why it is of paramount importance that one optimizes the parameters that are in your hands. That is where the right tire size comes into the picture. You might also like: Top 5 Tips To Save / Earn Money From EV Charging Effects of Larger Tires on EV Range Larger tires are generally of two types – bigger diameter or broader width. The latter is known as low-profile tires which we witness on performance cars often. The reason is quite simple – broader width means a larger area of contact with the ground, resulting in better grip and traction, especially under hard acceleration and around the corners. Also, tires with bigger diameter mostly are low-profile tires, but it is not necessarily always the case. Now, the drag coefficient of resistance of an electric car depends on the frontal area of the car, in addition to many other factors. When the tires are broader, the frontal area of the car increases, increasing the resistance to motion. Hence, more energy is needed to move the EV. Also, larger tires are heavier. This means that more sprung mass is added for the powertrain to pull. Hence, the range is reduced and so is the performance. You might also like: How to Maximize EV Driving Range – Tips & Strategies Tesla Model 3 – 19″ vs 18″ Wheels For Tesla Model 3 Long Range version, the official EPA-estimated range with 19″ wheels is 315 mi, whereas, with 18″ wheels, it is 333 mi. This is a difference of around 5% just because of the tire size. When you are perilously low on juice on a highway, a difference of 18 mi could be a lot. EV vs Non-EV Tires Another relevant aspect while going for new tires is whether or not these are designed for EVs. One might think of saving some dollars by getting a similar-looking non-EV tire. Well, there are tiny details when it comes to tires that most car owners can easily overlook. That could lead to a significant altercation to some aspects of your car. These include things like tire noise, durability, rolling resistance, efficiency, performance, braking and more. Remember, there is no such thing as a perfect tire. You might also like: 5 Unique Features on Jeep Avenger You Might Not Know About There are always trade-offs. The carmaker chooses the right tire size after a lot of research to strike a balance between all aforementioned factors. Therefore, sticking to the OE tire might be the best option. Alternatively, you must approach a professional and understand the pros and cons, in case you wish to get new tires. Having trade-offs is not necessarily a bad thing if you are willing to make that compromise.

Electric Cars Repair Costs vs Petrol and Diesel Cars

Are Repair Costs of Electric Cars Lower Than Petrol & Diesel Cars?

6 Comments / Featured / By LEC Team

We have been led to believe that the high initial costs of EVs can be offset by low running and repair costs over the duration of ownership. Calculating the repair costs of electric cars can be a tricky affair. As the world shifts towards sustainable transportation, EVs have gained significant popularity for their eco-friendly features and cost-saving potential. In this blog post, we shall explore the factors that influence repair costs for electric and petrol and diesel cars, comparing the two to determine whether EVs truly offer a financial advantage in terms of maintenance and repairs. You might also like: Top 5 Tips To Save / Earn Money From EV Charging You might also like: How to Maximize EV Driving Range – Tips & Strategies Repair Costs of Electric Cars Battery Costs We are sure that almost everyone knows by now that the batteries of EVs cost almost half the total price of an electric car. Hence, it is the biggest and the most expensive single component in an eco-friendly vehicle. While electric vehicle batteries are designed to last a long time, they do degrade over time and may require replacement after a certain number of years or miles. Battery replacement costs can vary significantly depending on the make and model of the electric car. However, it is worth noting that many electric vehicle manufacturers provide warranties on their batteries, offering coverage for repair or replacement costs within a specific time or mileage limit Design of EVs vs ICE Cars Electric cars have simpler mechanical designs compared to petrol cars because they have fewer moving parts, no exhaust systems and no complex internal combustion engines. This simplicity often translates into lower repair costs for electric cars. With fewer components prone to wear and tear, the potential for mechanical failures and the associated repair costs can be reduced. You might also like: 5 New EV Battery Technologies – Aluminium-ion to Niobium Low Maintenance Needs EVs have fewer maintenance requirements compared to petrol and diesel cars. For example, electric cars don’t need regular oil changes, spark plug replacements or timing belt adjustments, which are typical maintenance tasks for petrol are diesel cars. As a result, electric car owners can save on the costs associated with these routine maintenance tasks, thereby potentially lowering their overall repair costs. Specialized Repairs and Technician Expertise Electric cars have unique systems and components that require specialized knowledge and tools for repairs. As a result, repair costs for electric vehicles can sometimes be higher than those for petrol and diesel cars. Finding qualified repair shops and technicians with expertise in electric vehicle technology may also be challenging, depending on your location. These factors can contribute to higher labour costs for electric car repairs, potentially offsetting the cost-saving benefits of simpler designs and reduced maintenance requirements. Repair Costs Comparison When comparing repair costs, it’s essential to consider the upfront cost of the vehicle as well. Electric cars tend to have higher purchase prices compared to petrol cars. However, it’s worth noting that electric car manufacturers often offer incentives, tax credits, and lower operating costs (such as reduced fuel and maintenance expenses) that can offset the higher purchase price over time. You might also like: Top Solid-State Battery Companies For EVs Learn Electric Cars Says While electric cars may have advantages in terms of simplified mechanical designs, reduced routine maintenance requirements, and lower fuel costs, it’s important to carefully consider the overall cost of ownership, including potential repair costs. While electric cars generally have lower repair costs due to fewer moving parts and reduced maintenance needs, battery-related expenses and specialized repair requirements can offset some of the savings. As the electric vehicle market continues to evolve, advancements in technology, increased availability of qualified repair services, and economies of scale may further contribute to lower repair costs for electric cars. Ultimately, it is crucial to research specific models, factor in warranties and incentives, and consider your unique driving patterns and requirements before determining whether the repair costs of electric cars are indeed lower than those of petrol cars.

Ford GM Rivian To Use Tesla Supercharger Network

After Ford & GM, Rivian Agrees to Use Tesla’s Supercharger Network

2 Comments / EV News / By LEC Team

Tesla is building a coalition that is joined by Ford, GM and now, Rivian, to make NACS (North American Charging Standard) the norm. The Rivian EV owners will now be able to use Tesla Supercharger in addition to Ford and GM EV owners. A coalition is being formed to make NACS the norm across North America. This seemingly innocuous cooperation might have far-fledged consequences as CCS-type charging is being pushed by the government. But top players like Tesla, Ford, GM and Rivian will start allowing their EV owners to use the former’s Supercharging network, leaving the CCS charging useless. You might also like: How to Maximize EV Driving Range – Tips & Strategies Rivian, Ford, GM to Use Tesla Supercharger Rivian, the American EV adventure vehicle startup, has announced that starting in 2024, owners of R1T and R1S vehicles will be able to use Tesla’s Supercharger network of DC fast chargers in the United States and Canada, with the help of an adaptor. By 2025, both the R1T pickup and R1S SUV will come factory-equipped with the North American Charging Standard (NACS) connector, eliminating the need for an adaptor. Going forward, the future EVs from Rivian based on the R2 platform will also have this connector from the factory. Ford and GM have earlier jumped on this NACS bandwagon making this coalition incredibly strong. Tesla has agreed to lend 12,000+ Superchargers to these carmakers. Note that it operates even more Superchargers but it will keep them exclusively for the Tesla EV owners. This will aid the overall EV infrastructure as more EV owners will have access to a fast-charging network. This would invariably lead to reduced range anxiety and increased peace of mind. You might also like: Top 5 Tips To Save / Earn Money From EV Charging Will Hyundai Also Join? Hyundai Motor Company hosted its 2023 CEO Investor Day in Seoul, South Korea on June 20, 2023. Hyundai already offers its EVs with high charging voltage capacity (400 V- 800 V). However, Tesla currently supports only up to 400 V. But we know that Tesla will increase this going forward and its own EVs will also be able to support higher voltage. On Investor Day, Hyundai’s CEO and President Jaehoon Chang said, “the company would consider joining the alliance of automakers shifting to Tesla’s standard, but that it would have to determine that was in the interest of its customers.” According to Reuters, “Chang said Hyundai would consult with Tesla to see whether it could make adjustments to its charging system for Hyundai customers so they could charge faster.” You might also like: 5 New EV Battery Technologies – Aluminium-ion to Niobium Learn Electric Cars Says While we understand that there is an entire political side to this saga where a huge tussle is going on between the government and carmakers, we shall discuss the impact this is likely to have on the customers. The lack of charging infrastructure continues to be one of the biggest issues preventing the mass adoption of EVs. With a coalition like this, things will only get better for the EV owners. Hence, we would appreciate this step as more electric car buyers will have access to a wider charging network, ultimately leading to the reduced range anxiety.

Tips to Save and Earn Money from EV Charging

Top 5 Tips To Save / Earn Money From EV Charging

18 Comments / Battery / By LEC Team

Modern practices allow electric car owners to not only charge their cars at a time when the electricity rates are cheaper but also to earn some money by lending the power back to the grid. The automotive world has reached a point where it is no longer a question of whether the EVs are the future or not, but where people are devising ways to save and even earn money from EV charging. EV adoption is at an all-time high and the signs look promising going forward. Almost all legacy carmakers have announced ambitious plans to ensure carbon neutrality in the coming years and eliminate internal combustion engines from their lineup. In addition, new players have emerged that are manufacturing electric vehicles exclusively. Consequently, the charging infrastructure is also being developed in tandem. Here are some ways to save or earn money by charging your EV in a particular way. You might also like: 5 New EV Battery Technologies – Aluminium-ion to Niobium Top 5 Ways to Save / Earn Money from EV Charging Complimentary EV Charging There are a lot of modern EV markers that are offering some free complimentary EV charging when you purchase a new electric car. Sure, there are not many models on which this offer is valid. Nonetheless, this is something that you need to keep an eye out for. The most prevalent EVs include Hyundai IONIQ 5 and VW ID.4. They offer 2 years and 3 years of complimentary DC charging (certain kWh per month) respectively. Charging During Off-Peak Hours Yet another common way to save a lot of money while charging your electric car is the time when you charge it. You must know that charging at home using an AC charger is anyway cheaper than charging at a DC power station. However, if you charge at home during non-peak hours, generally from 8 PM to 6 AM, you might be able to charge at an even lower price. So, plan your charging cycles accordingly. You might also like: Top Solid-State Battery Companies For EVs Solar Energy to Power Your Home / EV There are many parts of the world, where solar is gaining momentum. People are installing solar panels in their homes to power their entire household. Needless to mention, this is particularly beneficial in those parts that are mostly sunny. Hence, if you install solar panels at your home and charge the EV using that source, the charging costs are bound to be extremely low. Selling Power to the Grid Another increasing trend around which startups are evolving is selling the surplus power back to the grid. We have already discussed how you should ideally charge your EVs during off-peak hours. During these times, you are paying the least amount of money to buy power. However, when you are not using your EV, you could sell it back to the grid at a time when the electricity rates are much higher, i.e., during peak hours. In this way, a symbiotic association could take place where you are using the grid to get power and also selling power to the grid to generate some profit. EV Charger Tax Credit & EV-Specific Electricity Rates Now, these are slightly nuanced measures that might be limited to only a couple of countries at the moment. But we are sure that more governments around the world could adopt it. The US government offers up to $1,000 in tax credit if you wish to install a charging station at your home. That is a necessity for EV owners and you could save some bucks in the form of tax credit. Similarly, the UK-based OVO Energy is a company that gives specific discounts for users to charge their EVs. The prices are exclusively designed for electric car charging allowing you to save some money. You might also like: How to Maximize EV Driving Range – Tips & Strategies Learn Electric Cars Says Despite the exponential growth of the EV industry in the last couple of years, we are still at a nascent stage of this promising EV revolution. Hence, this is the right time to take advantage of the massive benefits and incentives being offered by the carmakers, the governments and charging players to promote mass adoption. We are certain that such measures will become more common in more nations as we go forward. This is a great window to switch from traditional ICE-powered cars to EVs. Also, we understand that these practices might not work in every country at the moment. But the aim of this blog post is to make you aware of the kinds of possibilities that exist. This would also prompt you to keep an eye out for any such new method you might come across that will help you save or earn money using your electric car.

How to Maximize EV Driving Range – Tips & Strategies

4 Comments / Featured / By LEC Team

Electric cars look to be the norm going forward which is why it makes sense to acquaint ourselves with their behaviours and idiosyncrasies. Arguably the most common question among future EV owners is how to maximize EV driving range. As more vehicles get electrified, this is a valid question. Extending the distance an EV can travel on a single charge is critical for mass adoption and to appease range anxiety. In this blog, we shall explore several tips and strategies to improve electric driving range. This would range from optimizing driving habits and maximizing battery efficiency to utilizing charging infrastructure effectively. You might also like: Wireless Charging For EVs Could Be Revolutionary Technology How to Maximize EV Range? Regenerative Braking Firstly, let us commence by discussing a built-in feature that most EVs inherently possess – Regenerative Braking. During acceleration, the electric motor takes power from the battery to power the wheels. However, during braking, the kinetic and heat energy can be used in the reverse direction to get stored back into the battery. When the driver lifts his/her foot off the gas pedal, this reverse circulation of energy can bring the car to a complete stop. This is called energy recuperation or regenerative braking. This is a great feature that could be used on downhill slopes to get some juice back into the battery. Reducing Energy Consumption in the Cabin You might know that it is nigh impossible to get the exact driving range that is claimed by the company as per the WLTP or any other standardized test cycle. This is because the range depends on various factors including driving mannerisms and the use of energy-sucking components like HVAC, heated and ventilated seats, auxiliary audio systems, etc. Now we understand that you can’t switch off the AC when it’s scorching hot, but in the case of an emergency, you must know that turning all these functions off can help maximize the range. You might also like: Are Stricter Emission Norms Right to Push Mass EV Adoption? Battery Management and Maintenance An eminent aspect of electric cars is their battery management system. In fact, carmakers are burning a lot of cash in the development of the BMS for EVs. This takes into account how well the cooling system is, how will the battery perform outside the ideal temperature range, how often does a battery need maintenance, etc. Regularly monitoring the battery’s state of charge (SoC) and avoiding extremely high or low levels can help prolong battery life. Sticking to manufacturer-recommended maintenance schedules, including software updates and battery health checks, helps maintain optimal performance. Using Charging Infrastructure Prudently You would think what role can the charging infrastructure play in maximizing range, right? Well, it is well-known that prolonged fast charging of any Li-ion battery can reduce its life. Sure, it doesn’t degrade the battery too much too rapidly. But if you are planning to own an EV for 8-10 years or even beyond that, making a conscious decision of using DC rapid charging minimally can make a lot of difference. For this, proper planning is needed. You must develop the habit of charging your EV at your home or work using an AC charger. Restrict the usage of DC rapid charging for long journeys on highways. Driving Mannerisms Finally, the most effective way to maximize the driving range of an EV depends on the way you drive it. Now, this is true even to sequester the maximum fuel economy from your ICE-powered vehicle and this law holds true even in the EV world. As opposed to ICE cars, EVs are more suited for city driving and not high-speed scenarios on highways. Higher energy gets consumed in the latter case. Traditional cars are more efficient on the highways but consume a lot of fuel in bumper-to-bumper traffic. To squeeze the maximum range though, simple habits like using the throttle and brake pedal gently and not flooring it is the way to go. You might also like: Here’s How Ferrari May Still Sell ICE Cars Post EU Ban of 2035 Learn Electric Cars Says These are some tips and strategies that one could incorporate in everyday life, as well as from a long-term perspective to ensure that the health of the battery is great and you are able to get the maximum range out of every charging cycle. We must also add that the R&D on batteries is still ongoing and ways to increase range and reduce charging times are surfacing every day. Hence, we might get more efficient batteries going forward.

NIO Offers $4,200 Discount on EVs to Boost Sales

7 Comments / EV News / By LEC Team

The premium Chinese electric car marque is hoping to fend off competition in the domestic market by offering attractive price-cuts. Chinese premium EV giant NIO offers discount of upto 30,000 Yuan ($4,200) to boost the sales of its EVs. It manufactures high-end electric cars to rival the products from prominent legacy luxury carmakers. However, it offers a lot more for the same price than these established names in the global automotive world. This formula has worked well for NIO for a long time. But the months of April and May were not great in terms of sales, forcing the EV giant to take appropriate measures to generate demand. You might also like: Nio EC7 Has a CLTC Range of 920 km – Specs & More NIO Offers Discount on EVs The Chinese market is the most competitive and fast-expanding automobile market in the world with respect to electric vehicles. New players are emerging left and right with massive support from the government in the form of subsidies. That is how NIO came into existence in 2014. Within just 8 years, it has become an eminent player in China and is already serving some key European markets. You might also like: Nio ET7 is the Premium Sedan of the Luxury Electric Car Segment For the month of May, it recorded a drop of 8% in monthly sales. Moreover, the profit margins have gone down to 5.1% in Q1 2023 (down from 18.1% in Q1 2022). This is particularly alarming because the overall market has been quite positive and most other carmakers have posted healthy results. To address this, CEO William Li said that these price-cuts have been discussed internally for quite a while after taking advice and suggestion from users. You might also like: Zeekr X Arriving in Europe Later This Year – Details NIO Stops Free Battery Swapping Service In a desperate bid to increase the depleting profit margins, the free battery swapping service of NIO will no longer be available with immediate effect. Instead, the EV owners will have to buy it separately for a one-time fee. Customers buying a NIO EV before July 31, 2023, can pay an additional 30,000 Yuan ($4,200) to get: You might also like: 5 Upcoming VW Electric Cars to Debut in 2023 – From New ID.3 to ID.7 Learn Electric Cars Says The EV market is growing at an exponential pace and the Chinese market is at the heart of it. The environment to support EV start-ups is conducive resulting in a stark rise in competition. We see the top players struggling to post consistent sales. As a result, many of them are going down the tried and tested route of offering discounts to boost sales. We will have to wait and see how long this formula will work. Also, NIO is pinning a lot of hopes on its second-gen ES6 that was launched last month. One thing is for sure, the customers stand to benefit from these price wars.

Volvo EX30 Revealed Exterior Front Three Quarters

Volvo EX30 SUV Revealed As One of The Most Powerful Volvos Ever

6 Comments / EV News / By LEC Team

Volvo has revealed the EX30 SUV as the fastest-accelerating vehicle ever produced by the Swedish automotive giant. Volvo EX30 SUV has been revealed making it one of the most powerful cars ever produced by the Swedish car marque. Technically, it is one of the more compact models in the portfolio measuring at just under 4.25 m in length. But the performance trim boasts some pretty insane numbers. In terms of styling, it borrows some elements from the larger and more premium EX90 like the rectangular modules in the LED headlamps with the ‘Thor’s Hammer’ pattern. You may also like: 5 Unique Features on Jeep Avenger You Might Not Know About Volvo EX30 SUV Revealed – Specs Based on Geely’s SEA platform that also underpins the Polestar 4 and Smart #1, the EX30 comes with a single-motor RWD and a dual-motor AWD setup producing 272 hp and 428 hp of peak power respectively. The battery options include a usable 49 kWh (LFP) or a 64 kWh (NMC) offering 214 mi (344 km) and 298 mi (480 km) of range respectively. The standard single-motor version RWD can do a 0-60 mph (96 km/h) sprint in just 5.7 secs while the dual-motor AWD trim could replicate this sprint in a spine-chilling 3.4 secs making it the fastest-accelerating Volvo ever. Volvo EX30 Specs Battery (usable) 49 & 64 kWh Platform Geely’s SEA Drivetrain RWD / AWD Range (WLTP) 214 mi – 298 mi Range (WLTP) 344 km – 480 km Power 272 – 428 hp DC Rapid Charging 26.5 mins (10-80%) Acceleration (0-96 km/h) 5.7 secs – 3.4 secs Specs You may also like: Lexus RZ Electric SUV Outdoor Concept Looks Adventurous Interior & Features The interior of the Volvo EX30 is made up of lots of sustainable and recycled materials making it the car with the smallest carbon footprint in the entire lineup. The centre stage is inherited by a colossal 12.3-inch vertically-aligned Touchscreen Infotainment Display with Built-in Google Services, Connected Car Tech Functions, Wireless Smartphone Charging, 4 USB-C Ports, Snapdragon Chip for Fast Computing, 5G Internet, OTA Updates, a Soundbar that runs across the width of the dashboard with premium audio experience, Powered Seats, ADAS Features including Pilot Assist, Collision Avoidance Systems, Driver Alert System, Park Pilot Assist, 360-Degree Camera, Door Opening Alert, and more. You may also like: Kia Niro EV vs Soul EV – Specs, Features, Price, Dimensions Comparison Price and Launch Volvo is present in all major markets across the globe. In the USA, the prices start at just $34,950 (MSRP). In the UK, the entry-level version will set you back by an attractive £33,795. An even more affordable version is on its way that will retail for around £31,000. One could order the electric compact SUV right away and the deliveries are slated to commence in early 2024.

LEC Team

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