With EVs providing a popular alternative to petrol and diesel cars, the role of battery technology and charging capacity is becoming increasingly important.
In this article, we discuss what you need to know about EV charging and battery technology.
With EVs providing a popular alternative to petrol and diesel cars, the role of battery technology and charging capacity is becoming increasingly important.
In this article, we discuss what you need to know about EV charging and battery technology.
To prolong the lifespan of your EV battery, it’s often recommended to charge it to 80% and avoid letting it fall below 20% charge. Unless you drive long distances every day, one charge should last you a few days of general driving time.
Always check the specifications with your EV manufacturer.
This will depend on the electricity rates, the battery size of your electric vehicle and the charging speed.
In Australia, charging an EV at your home can cost between $0.15 and $0.30 per kWh, offering a cheaper alternative to the running costs for traditional petrol-powered vehicles. Plus, if you have solar panels, this can reduce the cost of EV charging even more.
A faster alternative, DC fast charging provides the quickest charging times for electric vehicles, and costs approximately $0.40 to $0.70 per kWh.
The range of an EV depends on a few factors, including the size of the battery your vehicle uses, and the driving conditions.
The Electric Vehicle Council myth busters show that:
If the worst case scenario happens and your EV runs out of charge mid-trip, much like a petrol vehicle it will need to be towed to the nearest charging outlet. It’s a good idea to make sure that you have suitable roadside assistance that covers you in this situation.
Given the range of EV batteries, the convenience of at-home charging, and the increasing availability of charging outlets around Australia, this is quickly becoming less of a risk factor for EV owners.
If you have solar panels in your home, you may be able to charge your EV using solar energy. Other renewable energy options, such as wind turbines and hydroelectric power, can all be used to generate electricity for EVs.
Weather conditions such as rain, snow and high temperatures shouldn’t impact EV battery charging, as charging stations are designed to operate in all weather conditions. However, it’s worth noting that more extreme weather conditions, specifically very high and very low temperatures, will have a negative impact on driving range, with colder climates having a much larger impact.
EVs are becoming increasingly popular as people seek to replace traditional petrol and diesel engines with a cleaner alternative. Charging an EV is easy and affordable, and the latest innovations in EV battery technology is increasing the efficiency and range of these vehicles.
When buying an EV, remember to research the type of battery, charging options and range before making your final decision.
This article has been prepared by Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL234708 (“Allianz”). In some cases, information has been provided to us by third parties and while that information is believed to be accurate and reliable, its accuracy is not guaranteed in any way.
Any opinions expressed constitute our views at the time of issue and are subject to change. Neither Allianz, nor its employees or directors give any warranty of accuracy or accept responsibility for any loss or liability incurred by you in respect of any error, omission or misrepresentation in this article.
Any advice here does not take into account your individual objectives, financial situation or needs. Terms, conditions, limits, and exclusions apply. Before making a decision about this insurance, consider the relevant Product Disclosure Statement (PDS)/Policy Wording and Supplementary PDS (if applicable). Where applicable, the PDS/Policy Wording, Supplementary PDS and Target Market Determination (TMD) for this insurance are available on this website. We do not provide any form of advice if you call us to enquire about or purchase a product.
Allianz Australia Insurance Limited ABN 15 000 122 850 AFS Licence No. 234708 is the insurer of any general insurance products offered, and Allianz Australia Life Insurance Limited ABN 27 076 033 782 AFS Licence No. 296559 is the insurer of any life insurance products offered. Each entity is responsible for any statements and representations made about its products, on this website.