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Are electric cars the future for the automotive industry? According to Renault-Nissan Alliance CEO, Carlos Ghosn, the answer is a resounding yes.
Ghosn recently published a post on his LinkedIn page that made the case for electric cars. The post contained several statistics that buttress the argument made by Ghosn and other high-level automobile manufacturer executives. Renault-Nissan Alliance sold its 200,000th zero-emission car in November 2014. The popular Nissan Leaf tops the sales chart for all electric vehicles sold worldwide. Sales for the zero-emission vehicle have climbed over 20% during the current year.
Why the Uptick in Electric Car Sales?
Owners can refuel electric cars at home or the office by charging the vehicle through multiple energy sources. They eliminate the time spent at the gasoline pump, since they can charge their zero-emission cars overnight and wake up to a vehicle that is ready for the morning commute. Electric vehicles provide an economical way to drive, even with the decline in gas prices. The cost of operating a Nissan Leaf sits at 3.5 cents per mile, while a subcompact gasoline car soaks owners for 11.9 cents per mile. Insurance companies reward policyholders that switch from gas guzzling vehicles to cars that operate on green-friendly technology. Ghosn emphasized in his LinkedIn post that the Nissan Leaf achieves the highest customer satisfaction rate of all the models offered by his company.
Protecting the Environment
The over 200 million liters of gasoline saved every year by operating zero-emission vehicles removes a heavy burden from the environment. This means over 200 million liters of gasoline does not burn and contaminate the atmosphere. The Earth benefits from the reduction of oil extraction projects. Electric cars also decrease noise pollution, since the zero-emission vehicles do not operate on rapidly firing pistons and cylinders. Ghosn expects the demand for zero-emission cars to increase, which should further enhance the environment.
With economies of scale now working in the favor of electric cars, costs for the vehicle should decline and output should increase. The push for hydrogen fueled hybrid cars has proven cost prohibitive. The National Renewable Energy Laboratory estimates the cost of converting one gasoline service station into one that dispenses hydrogen to exceed $2.5 million. As long as electric car owners can charge their zero-emission vehicles at home or work, the demand for electric cars has nowhere to go but upward.