Embrace the Electric Revolution
In the motoring world, the Electric Revolution refers to consumers switching from driving cars with fuel-burning internal combustion engines (without electrification) to new energy vehicles. In this video, brought to you by Absa Vehicle and Asset Finance, Jacob Moshokoa explains the differences between hybrids, PHEVs and EVs.
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Ever since the Oil Crisis of the Seventies, car manufacturers have been looking to improve vehicles’ fuel consumption, but whereas incremental improvements – in some market segments – would have sufficed in the past, the automotive industry is now determined to dramatically reduce cars’ carbon footprints.
Whether because lawmakers have mandated that car manufacturers will not be allowed to sell vehicles powered by internal combustion engines (ICE) past a certain date (in some countries) or because of environmentalism, which has inspired motorists to adopt more fuel-efficient lifestyles to reduce (and ultimately end) our society’s reliance on fossil fuels, hybrid and fully electric models are proliferating.
According to national new-vehicle sales statistics supplied by the National Association of Automobile Manufacturers of South Africa (Naamsa), 7 164 new-energy vehicles (NEVs) – that is, hybrids, plug-in hybrids (PHEVs) and fully electric vehicles (BEVs) – were sold by 18 vehicle brands in Mzansi during the 1st half of 2024. In April, May and June, NEV sales increased 169.8% year-on-year to 4 122 units.
Considering that the local uptake of new-energy vehicles is gaining momentum, have you considered embracing the Electric Revolution by buying an “electric or electrified car” as your next new vehicle?
For many South Africans, combustion engines are the norm and although, understandably, consumers may prefer to stick with what they know, they may not realise how appealing an NEV is. In hybrid and plug-in hybrid guises, they are greener (better for the environment) because they use less fuel and, therefore, emit lower levels of carbon dioxide per km than their counterparts that have engines only.
Watch Ash Oldfield’s video review of the 2024 Volvo EX30:
Fully electric vehicles (also known as battery-electric vehicles – BEVs) are relatively pricey, BUT they do require less maintenance and have lower running costs than conventional vehicles. They’re tailored to suit the lifestyles of urban-based commuters, who drive relatively short distances on most days.
And, despite South Africa’s energy challenges (remember load shedding?), the nation’s network of charging stations is constantly expanding; suffice it to say that new energy vehicles are here to stay.
The different types of New Energy Vehicles
Let’s start with the hybrid. It’s exactly what it sounds like: A hybrid, such as the Honda Fit 1.5 Hybrid e.HEV (shown below), runs on petrol as well as electric power, which means that it should achieve notably better fuel consumption than a similarly sized combustion vehicle without electric assistance.
You get regular as well as plug-in hybrids – PHEVs have larger-capacity hybrid batteries, can be recharged by being plugged into power outlets and can run for longer on battery power alone.
Prices for hybrids start at under R500k, see this list: 7 Cheapest Hybrid Cars in South Africa but, at the time of writing, Cars.co.za also listed more than 800 used hybrid vehicles for sale in South Africa.
Another option is a battery-electric vehicle (BEV), which is fully electric with no combustion engine, just a battery-driven motor under its bonnet. The amazing part is that it produces zero emissions, but bear in mind that such models tend to be much pricier than hybrids (the starting price is around R700k).
See also: Cheapest Electric Cars in South Africa or find a used BEV listed on Cars.co.za
But consider that while it costs about R55 to charge a BEV to travel 100 km, a combustion vehicle would consume about R228 worth of fuel to travel 100 km. On top of that, BEVs require way less maintenance than normal cars, because they have comparatively far fewer moving parts – and don’t need oil changes.
South Africa’s infrastructure is growing steadily and includes more than 400 private and public charging stations across the nation, with 100 more expected by the end of the year. As the charging network expands, the relatively low travel range of most BEVs will eventually not be a concern for most drivers.
See also: How To Find EV Charging Stations in SA
And, at around R200 to recharge a battery with a range of about 400 km, it’s looking pretty attractive, considering that owners of large SUVs spend a mini mortgage every time they fill up!
Watch Ciro De Siena’s video review of the 2022 Audi e-tron S Sportback
Ready to embrace the Electric Revolution?
It’s certainly worth considering a new energy vehicle as your next car! You can embrace the Electric Revolution with the help of Absa Vehicle Finance; try Absa’s Vehicle Finance Calculator to see what you can afford or explore Vehicle Finance Solutions for more information on Absa Vehicle Finance’s offerings.
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