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Although EVs aren’t as popular as gas-powered cars, there are some great reasons to consider a purchase. Compared to a typical ICE vehicle, an EV has fewer moving parts and requires less maintenance. The cost of fuel for an EV is also considerably lower, which means that EV owners will save money on gas. However, if you’re still not convinced, read on for more reasons to buy an EV.
Tesla’s popularity has prompted the creation of many EV stocks. But these stocks are not created equal. While Tesla has been the leader in advancing electric vehicle technology, other car stocks are better suited for the future. Some companies, such as Hyliion, are positioned to build electric powertrains for large commercial trucks that will be compatible with hydrogen fuel cells and renewable natural gas. Romeo Power is a battery pack manufacturer for commercial EV fleets. And QuantumScape touts a breakthrough in solid-state lithium-metal batteries.
General Motors (GM) is a major player in the electric vehicle market, with several different models on the market. The first of these vehicles was the EV1, which was introduced by General Motors in the late 1990s. The Chevrolet Volt followed, along with the all-electric Silverado. In addition to EVs, GM also builds connected electric vans, trucks, and SUVs. The company also has partnerships with corporations and government agencies to promote the adoption of EV technology.
Nissan has built and sold half a million Leaf EVs in the U.S. over the past decade. With its EV fleet expanding rapidly, the Leaf is a staple of the company’s electric fleet. The Ariya small SUV is the company’s next North American electric model. The company has ambitious plans to further develop lithium-ion battery technology and to launch a proprietary solid-state battery by 2028. So far, Nissan has had great success with the electric vehicle market.
There are other advantages to purchasing an EV. For example, it is better for the environment. It reduces emissions, so it can reduce costs and increase sales. Compared to a gas-powered car, an EV is more environmentally friendly. The battery is smaller and lighter, making it easier to move. Moreover, an EV is cheaper to maintain and repairs. A gasoline-powered vehicle’s range depends on the speed at which it’s driven.
In the last decade, Nissan has sold more than half a million Leaf EVs worldwide. It was one of the first mass-market EVs in the United States. Its electric fleet continues to grow. Its next EV is the Ariya small SUV. Moreover, it will continue to refine lithium-ion battery technology and plans to launch proprietary solid-state batteries by 2028. If it does, it’ll be one of the top electric vehicles on the market.