Is there a future for electric cars?
Industry analysts now predict that the average electric car will match the purchase price of an equivalent petrol model by late 2026 or early 2027, driven by: Falling battery costs (now the single largest EV component cost) Manufacturing scale efficiencies as production volumes increase. Electric cars can be cheaper to maintain, especially as servicing tends to cost less on average when compared to an ICE car. In addition to saving on servicing costs, the lower cost of using electricity to power your car when charging at home can add up over time, increasing your savings even more.EVs are more expensive to build than gasoline- or diesel-powered models, primarily due to the cost of batteries. EV batteries must hold a massive charge to provide the minimum range required by most drivers, necessitating the use of expensive raw materials to manufacture them.The most obvious reason for consumer disenchantment is the hassle of charging EVs. Few drivers are willing to plan their lives around finding a charging station and waiting around for their battery to top up. During the nation’s recent Arctic blast, motorists found that getting a full charge took even longer.Infrastructure Gap: EV chargers are mostly in cities. Rural roads, highways, mountains? Forget it. Power grids fail, chargers break, and compatibility is a mess.
What is the best EV to buy in 2025?
Kia EV9 named Best EV of 2025, recognized for three-row SUV usability, range, and comfort. Cars. EVs by category, including the Chevrolet Equinox, the Hyundai Ioniq 5, the Hyundai Ioniq 6, the Lucid Air, and the Silverado EV. Electric cars are here to stay. Some of the most popular electric vehicles are the Tesla Cybertruck, the 2022 Ford Lightning, the Rivian R1T, 2022 Audi Q4 e-tron and Q4 Sportback e-tron, and the 2022 EV Hummer Truck and the SUV in 2023.
Why does EV have no future?
It is true that electric cars use more raw materials during production than vehicles with combustion engines. Around half of the total resource consumption is accounted for by the battery. These are still heavily dependent on some critical raw materials such as lithium, cobalt, nickel and graphite. EVs depreciate significantly faster than gas-powered cars, especially older vehicles purchased by early adopters. New battery data and leasing models could finally stabilize the bleeding market.Brands such as Volvo, Nissan, Mazda and Ford Europe have all announced 100% EV targets by 2030, with others close behind. Faster charging solutions are assisting too. By 2035, Australia expects that 100% of all new vehicles sold will be electric.The most popular battery-powered electric cars are Mahindra BE 6 (₹18. Lakh), Mahindra XEV 9e (₹21. Lakh), MG Windsor EV (₹12. Lakh), MG Comet EV (₹7. Lakh), Tata Harrier EV (₹21. Lakh).
What will EV range be in 2026?
Many 2026 electric vehicles are expected to exceed 300 miles on a single charge, with several approaching the 400–450-mile mark. These improvements allow drivers to take longer trips with confidence and reduce dependence on frequent charging. On average, an EV can go about 300 miles on a single charge, whereas the average driving range of a conventional gasoline-powered vehicle is about 403 miles. A difference of over 100 miles is a significant amount, enough to make prospective EV buyers hesitant to pull the trigger on an electric vehicle.