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Electric Cars
Do you think that the future lies in electric vehicles? Electric cars use electricity instead of petrol or diesel-like ICE (Internal Combustion Engine) cars. Electric cars combine many infrastructure market characteristics in terms of economies of scale, network effects, high investment costs, and low marginal costs.
This is its first major disadvantage. Car manufacturers have, however, readily adjusted to the new circumstances. With the petrol pumps spread across the world, electric charging facilities have been added. Another setback of electric cars was speed. The cars didn’t have enough speed like the ICE cars. But now, electric cars have been made with super speeds.
Coming to its advantages, its main advantage is that it uses electricity in place of petrol or diesel. Electricity can be produced by renewable means of energy. This is very beneficial as it prevents climate change.
Climate change is very harmful to humankind. It has adverse effects on the environment. Thus, electric cars are the future for vehicles and if you’re planning to buy a car, get an electric car and do your part against climate change.
Author: Vidhi Agrawal
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