electric cars 2050

If you are looking for the Electric Cars 2050 guide, then look no further than this article. It includes benefits of electric cars. Perhaps you are interested in uk electric cars 2050, then reading this article may help you.

Published in the journal Nature Climate Change yesterday, the study by engineers at the University of Toronto concludes that 90% of light-duty cars on American roads would need to be electric by 2050 to keep the transportation sector in line with climate mitigation targets.

By 2050, there will be about 3 billion light-duty vehicles on the road worldwide, up from 1 billion now. At least half of them will be powered by internal combustion engines (ICE), using petroleum-based fuels. As our new interactive model shows, we need a variety of transportation solutions to end our dependence on oil.

Take our model for a test drive to explore what the global fleet will look like in 2050. We included three scenarios for electric vehicle (EV) sales, based on the assumptions of top experts. Click on each button to see those results.

benefits of electric cars

Transportation accounts for about 30% of the greenhouse gas emission. For a cleaner future, electrification of transportation is a must. It is projected that by 2050, up to 75% of the new car sales will be electric cars. But, is the nation’s electric grid ready? In this talk I will discuss our initial findings about the nation’s electric grid’s preparedness to host the electrification of the transportation. This talk will discuss the intricacies of the co-evolution of both the transportation and electric grid in order to help prepare the nation for staying in track for a cleaner future.

uk electric cars 2050

If You’re Considering an Electric Car, Be Sure to Do Your Homework

Just a few years ago, many people may have never seen an electric car in person, unless they lived in a place like California where electric vehicles are popular and readily available. Now, several automakers offer compelling electric vehicles (EVs) nationwide. Today, it’s not uncommon to see a Tesla Model 3 regardless of where you live.

As electric cars become less expensive and widely available, more people are interested in buying them. There are many reasons – aside from the environmental benefits – to switch to an EV, such as superb efficiency, cheaper energy costs, less maintenance, and better overall performance. However, making the transition from gas to electric is a big step. Before you take the plunge, be sure to do your homework and ask the right questions.Closeup of electric vehicleWestend61 / Getty Images

We’ve compiled a list of the 10 most important considerations for potential EV owners, listed in the form of questions. While some include complete answers, others depend on various factors, including which EV you choose, where you live, and how you plan to use the car. 

Read through the following information to decide if electric car ownership is something you’re really serious about. If you decide to move forward, be sure to get all of your questions answered before completing the transaction.

Read on to learn if picking up an EV is the right choice for you.

1. Does the Car Have Enough Range?

Many of today’s EVs offer over 200 miles of range on a charge, though there are still some that have much less. Tesla is currently the only automaker that offers EVs with over 300 miles of range. The Tesla Model S currently holds the record, with up to an EPA-rated 402 miles per charge.

With 200 miles of range, most people aren’t going to experience range anxiety during their daily commutes. Keep in mind that range varies regardless of the EPA’s estimates. Many factors impact a car’s range, such as your speed, your driving habits, the weather, and the car’s climate control. It’s wise to anticipate having less range than the car’s EPA estimate, just to be safe. If you travel over 200 miles on a daily basis, you may want to steer clear of most EVs. 

2. Can I Charge My Electric Vehicle at Home?

One of the most convenient aspects of EV ownership is charging at home. At the end of the day, you simply plug the car in. When you wake in the morning, it’s ready to go. This means no more smelly hands from pumping gas, no more standing out in the cold, and no more pulling your car out of your garage to warm it up.

With that said, there are several important considerations. You can charge your EV using a standard 110-volt wall outlet (Level 1 charging), but it’s going to take some time. Level 1 charging adds about 4 miles of range per hour. If you don’t use many miles of range each day, this may work for you. However, if you deplete a full 250 miles of range, it will take several days to recharge this way.Family preparing for road trip while charging vehicle in a home drivewayMaskot / Getty Images

Most EV owners hire an electrician to install a 240-volt outlet in their garage. This allows for Level 2 charging, which can add 25 miles of range per charging hour. Make sure to find out how much it will cost to add 240-volt service at your home. 

If you don’t have a garage, you can plug in outside. If you have a 240-volt outlet installed outside, make sure it’s up to code, and that your charging cord or station is designed for outdoor use.

Learn more about charging an EV at home »

3. How Much Does Electricity Cost?

Just like gasoline, the price of electricity varies depending on where you live. The average price of electricity in the U.S. is 13.28 cents per kilowatt-hour. In Louisiana, you’ll pay 9.5 cents, compared to 19.79 cents in California. Regardless of where you live or where you charge your EV, electricity will still cost you much less than gas for a competitor in the same segment. According to the EPA, fuel costs for a BMW 3 Series are over three times more expensive than charging a Tesla Model 3. However, there are details you should know in order to save the most money. 

Charging at home is typically cheaper than public charging, though some public charging units are free. Electricity prices can vary based on the time of day. It’s usually much less expensive to charge overnight or on the weekend than it is to charge at peak times, such as weekday afternoons and evenings. Your local utility company can break it all down for you. Some utility providers even offer special plans to accommodate EV owners.

4. Are There Public Charging Stations Nearby?

While home charging is the most convenient way to juice up your electric car, you’ll probably need to charge on the road at some point. Some public charging stations are Level 2, but many offer DC fast charging, which allows you to charge your car rapidly. Some EVs can be charged to 80% in less than 30 minutes at a fast-charging station. However, there are many factors involved. 

Make sure you find out if the EV you’re planning on picking up is capable of fast-charging, as well as how many miles you can expect to add in a given time. In addition, you should locate the charging stations in your area and on your typical routes, and then determine what type of charging they support. Closeup of public EV charging station signAtiwat Studio / Getty Images

There are many resources available, including PlugShare.com and PlugInAmerica.org. Charging networks, such as EVgo, ChargePoint, and Electrify America also have their own interactive maps. Tesla owners have exclusive access to the Supercharger network, which includes fast-charging stations strategically located nationwide.

5. Can I Take My EV on Road Trips?

Any electric car is capable of road-tripping. Whether it’s convenient or viable comes down to your route and your car’s range. If your EV offers 200 or 300 miles of range, you’ll probably be ready for a bathroom and snack break by the time you’re getting low on battery power. 

There shouldn’t be an issue mapping out your trip and making sure there’s a charging station every three hours or so – especially if you’re traveling on major highways. However, you may have to diverge from the usual route to make sure you can DC fast-charge at each stop. Otherwise, your travel time will be extended significantly.

Many EV owners also own a gas car that they use for family road trips. If you don’t go on long road trips often, you shouldn’t worry too much. You could always rent a car for the annual family road trip and still save money using your EV as your daily driver.

6. What Electric Vehicle Incentives are Available?

The federal U.S. government offers electric car buyers a $7,500 tax credit. The full amount only applies to new, fully electric cars. Plug-in hybrid electric vehicles (PHEVs) are also eligible for the credit, though it reduces based on the size of the car’s battery. Longer range PHEVs like the Chrysler Pacifica Hybrid and Honda Clarity Plug-In Hybrid qualify for the full tax credit, but the Toyota Prius Prime and Kia Niro Plug-In Hybrid are only eligible for about $4,500.

Not all EVs qualify for the tax credit. The incentive phases out in increments after an automaker sells 200,000 electric vehicles. For example, Tesla and GM EVs are no longer eligible. It’s also important to note that not everyone’s tax situation will allow them to take advantage of the credit. Before buying an EV, be sure to talk to a tax professional to make sure you’ll get the credit. You can’t get the credit if you lease an EV, but the dealership can get it and apply it to the lease discounts. However, that’s not always the case. If you plan to lease, find out if the tax credit is applied or if the dealership is planning to pocket the credit.closeup of EV being charged with US currency overlaidStadtratte / Getty Images

States and cities also offer credits and incentives in addition to the federal tax credit. Make sure to do your homework to find out if you can get a local discount, financial assistance for a home charging system, or any other local incentive for purchasing an electric car.

7. Should I Buy a New or Used Electric Car?

Electric cars are expensive, so buying used will save you money. Interestingly, all new EVs are pricier than new gas-powered cars, but many used EVs are much cheaper than most used gas cars. This is because most EVs depreciate more rapidly than traditional cars due to the tax incentives and limited demand. However, this isn’t true of Tesla’s vehicles, which tend to hold their value better than most cars. Many used electric cars also have low mileage due to being relatively new and having range limitations.

Buying new guarantees your car will have a full warranty, the longest electric range currently available, and up-to-date tech and safety features. While batteries don’t degrade quickly, buying new still gives you the peace of mind that your battery is in tip-top condition. Finally, the federal EV tax credit and other electric car incentives aren’t available on the purchase of used EVs. 

Many of the same pros and cons of buying a new or used gas-only vehicle applies to EVs, too. Read our guide on choosing between a new or used model to learn more.

8. Is it Better to Buy or Lease an EV?

If you’re in the market for a new EV, you’ll have to decide whether to buy or lease. EV leasing is much more popular than buying since electric cars are so expensive. While buying a car, especially with a low interest rate, is generally a more sound financial decision, it’s not a good idea if you can barely afford the monthly payment. 

A $40,000 car loan with zero APR over five years will set you back almost $700 per month. You can often lease that same EV with a monthly payment that’s half that. Moreover, new electric cars are coming to market regularly, and current models are getting better every year. Many EVs get new technology and more range with each new model year. Leasing assures that you can take advantage of the newest technology or swap your car for an even better EV every few years. If your tax situation won’t allow you to get the federal electric car tax credit, you may benefit from the dealership applying it to your lease as a discount.EV charging at a car dealership lotMaskot / Getty Images

In the end, you have to ask yourself how long you plan to keep your electric car. Will you eventually pay off the loan? If you plan to sell it, realize that EV resale value may work against you. However, leasing means having a monthly car payment for a long period of time. Also, exceeding the car’s mileage restrictions or damaging the car may end up costing you when it’s time to turn it in.

Choosing to buy or lease an EV is similar to any vehicle. Our article on buying versus leasing can provide you with more information.

9. What Do I Need to Know About EV Maintenance?

Overall, electric cars require less maintenance than gas-powered cars. There are virtually no fluids to change, and the friction brakes last longer since regenerative braking assists with stopping the car. An EV’s battery and motor have the potential to last longer than the life of the car. In the rare event that an EV’s battery needs replacing, it can cost anywhere between $5,000 and $16,000, and that doesn’t include labor. For comparison, replacing the engine in a gas car can cost between $5,000 and $10,000 depending on the size of the engine and the hours of labor.

Fortunately, federal regulations require that automakers cover an electric vehicle’s battery for eight years or 100,000 miles. Keep in mind warranties can be packed with exceptions and exclusions, so make sure you understand exactly what’s covered.

10. How Much Does it Cost to Insure an Electric Car?

Insurance tends to cost more for electric cars than traditional cars. However, it has nothing to do with the vehicle’s safety. Instead, it’s because EVs are more expensive than gas-powered cars. More expensive cars typically cost more to repair. In addition, insurance companies take into account the high cost of EV battery packs. If an accident causes damage to the pack, and it needs to be replaced, it’s one of the most expensive repairs insurance companies will have to cover. 

On average, you’ll pay 23% more to insure an electric car than a gas car. Some insurance companies are more forgiving than others, and rates vary widely depending on many variables. For example, State Farm’s rates don’t seem to increase much for electric cars, but Allstate charges a hefty premium. Regardless of the car you drive, be sure to shop around for the best insurance rate. Our auto insurance guide can help you find the best options to insure your EV.

BEST SITES LIKE ALIEXPRESS FOR ONLINE SHOPPING

AliExpress is a massively popular Chinese online retail service owned by Alibaba Group. It was launched in 2010 and hasn’t stopped its journey to becoming the ‘biggest online marketplace of the world‘ ever-since. AliExpress stands toe-to-toe even with Amazon in terms of buyers worldwide. It offers wholesale goods at direct-to-consumer prices from Chinese sellers.

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It also works as a great dropshipping model for a lot of e-commerce entrepreneurs. Along with a lot of good sides, AliExpress has some cons as well. The biggest problem is the shipping time of AliExpress orders, which is pretty long considering the goods come from China. Also, some orders can be very expensive after shipping charges and taxes.

So, it is a good thing to have some AliExpress alternatives whenever you don’t like its services. That’s why we are telling you about 21 best sites like AliExpress. Some of these websites offer cheaper prices and faster shipping on certain products. And, you can also use them to maintain a nice profit margin for your dropshipping business.

1. LIGHTINTHEBOX

LightInTheBox is the perfect AliExpress alternative as it is also a Chinese e-Store. It sells hot and trending products across the globe. Their products range from phone and electronics to fashion, jewelry, shoes, bags, and many other items. You can find almost anything here at a very cheap price.

The delivery time of LightInTheBox is also similar to AliExpress as their warehouses are located only in China. But, you may get a faster shipping time due to having fewer orders to ship. You can pay for your orders with PayPal, Western Union, or your credit card.

2. WISH

Wish is a widely popular online marketplace where you can buy almost anything. From clothing to footwear, electronics, healthcare items, and many more things, you can get them all for an incredibly cheap price. They are also known to offer great deals and coupons to their new customers.

Their shipping time is also faster than AliExpress as their products come from sellers located in small countries. Wish also provides an advanced rating system that is very helpful for both the consumers as well as sellers. It helps promote good ones.

3. OVERSTOCK

Overstock is a US-based online marketplace. It makes profit by selling wholesale products at a highly cheap price tag. A major portion of their stock is comprised of overstock from the major retailers or their seconds. You can find some really amusing deals here. The shipping time will also be lower as compared to the Chinese marketplaces. You can get your items within a week.

The product range of Overstock is incredible. You can find everything such as clothing, decor, kitchen appliances, and many more items. You can even find furniture and other big home items. So, you can use to fill your house with great stuff at a reduced price.

4. DEALEXTREME (DX)

DealeXtreme, more popularly known as DX, is an amazing online marketplace. The website works in a very similar manner as ‘Wish’ and sells cheap products coming directly from sellers. It has partnered with many small businesses and sells its products to a wide base of audience.

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The shipping time is a problem with DX also because their warehouses are located in China. Apart from this, you can get some really worthy deals on DX. You should always keep an eye on their clearance sales for the best prices.

5. GEARBEST

Gearbest is the perfect AliExpress alternative if you are looking to shop for the latest gadgets or electronic devices. It works with over 5000 Chinese brands and top suppliers to deliver the best products. It has products from top Chinese companies such as Xiaomi, Huawei, Lenovo, and many others. But, it isn’t just an electronic store.

You can also find a massive range of other products as well. The prices available on GearBest are reduced, and you can even reduce them with the available coupons. They also have warehouses in multiple countries. So, you can get faster shipping from the local warehouse.

6. BANGGOOD

BangGood is another Chinese e-commerce platform that provides worldwide shipping of cheap goods. You can find almost anything on this website, from clothing to electronics, and even home items. The prices available are marked down from their original prices. You can also get amazing deals during special clearance sales.

BangGood provides a free $20 coupon to every new user. The shipping time for BangGood orders is faster than AliExpress for certain products. However, the regular shipping time is similar.

7. CHINABRANDS

ChinaBrands is a widely popular Chinese e-Store where you can buy products at wholesale prices. You can find almost anything on this website at a highly affordable price. Their shipping prices are also low but you will get a long shipping time. It is the perfect website for buyers who want the lowest prices but can wait for their orders for at least a month.

Most of the ChinaBrands sellers run their factories from China, and their warehouses are located there only. This is the reason for the considerably long shipping time.

8. BONANZA

Bonanza is a unique American online marketplace where you can find a great range of products. They have over 20 million items from more than 50,000 sellers. It is a growing e-commerce store where even you can sell your items. It is a preferred platform by more than 20,000 entrepreneurial sellers. You can find some really amazing handcrafted items and collectibles here.

For people looking to shop regular items, this store may disappoint you a little. The prices of some items may be a little higher than some Chinese stores. But, the quality provided will be worth it.

21 ALIEXPRESS ALTERNATIVE STORES

Here are 21 AliExpress Alternatives that you can use to shop online.

  1. LightInTheBox
  2. Wish
  3. Overstock
  4. DealXtreme (DX)
  5. GearBest
  6. BangGood
  7. ChinaBrands
  8. Bonanza
  9. DHGate
  10. TinyDeal
  11. Target
  12. MiniInTheBox
  13. GeekBuying
  14. Jet
  15. TomTop
  16. Target
  17. MadeInChina
  18. American Greenwood
  19. Walmart
  20. eBay
  21. Amazon

FINAL TAKE

AliExpress is amazing but it is always good to have options when you are shopping. So, these are the 21 best sites like AliExpress. If you ever feel like you should look somewhere else, these are some stores that you should visit. You can also use these for your dropshipping business if you are an aspiring entrepreneur. Make sure you have a solid plan before beginning.

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