How does it works?
All-electric vehicles, also referred to as battery electric vehicles (BEVs), have an electric motor instead of an internal combustion engine. The vehicle uses a large traction battery pack to power the electric motor and must be plugged in to a wall outlet or charging equipment, also called electric vehicle supply equipment (EVSE). Because it runs on electricity, the vehicle emits no exhaust from a tailpipe and does not contain the typical liquid fuel components, such as a fuel pump, fuel line, or fuel tank.
An electric vehicle (EV) is a mode of transport which is powered by electricity. Unlike conventional vehicles that use a gasoline (petrol) or diesel-powered engine, electric cars and trucks use an electric motor powered by electricity from batteries or a fuel cell. A key advantage of EVs over other forms of transport is that they hold the potential to significantly reduce pollution by having zero exhaust emissions.
EVs are an environmentally friendly alternative to petrol or diesel cars as they generate much less air pollution, releasing no exhaust air pollutants. From wheel to wheel, EVS emit approximately 66% less carbon dioxide (CO2) compared with ICE-powered vehicles. The emissions associated with the electric drivetrain of EVs come from power plants generating electricity to charge the batteries – emissions can therefore be further reduced if renewable energy is used to recharged an EV. Noise pollution is also cut out due to the fact that an EV is nearly silent.
One of the biggest benefits of introducing EVs to a business is the reduced refuelling costs, with electricity being far cheaper than fuel at the pump. Indeed, fuel costs can be as low as 2p per mile. For an annual mileage of around 10,000 miles per year, switching from a conventional to an electric car or van could save around £800 in fuel costs alone.
How does it works?
All-electric vehicles, also referred to as battery electric vehicles (BEVs), have an electric motor instead of an internal combustion engine. The vehicle uses a large traction battery pack to power the electric motor and must be plugged in to a wall outlet or charging equipment, also called electric vehicle supply equipment (EVSE). Because it runs on electricity, the vehicle emits no exhaust from a tailpipe and does not contain the typical liquid fuel components, such as a fuel pump, fuel line, or fuel tank.
Increasing sales pushed the total number of electric cars on the world’s roads to 26 million, up 60% relative to 2021, with BEVs accounting for over 70% of total annual growth, as in previous years. As a result, about 70% of the global stock of electric cars in 2022 were BEVs. The increase in sales from 2021 to 2022 was just as high as from 2020 to 2021 in absolute terms – up 3.5 million – but relative growth was lower (sales doubled from 2020 to 2021). The exceptional boom in 2021 may be explained by EV markets catching up in the wake of the coronavirus (Covid-19) pandemic. Seen in comparison to recent years, the annual growth rate for electric car sales in 2022 was similar to the average rate over 2015-2018, and the annual growth rate for the global stock of electric cars in 2022 was similar to that of 2021 and over the 2015-2018 period, showing a robust recovery of EV market expansion to pre-pandemic pace.
