At Maxxia, we’re all about supporting our novated leasing customers to help minimise their environmental footprint. In fact, it’s something we can all be “motorvated” about.
One of the ways you can minimise your impact is by choosing a more sustainable, eco-friendly vehicle to drive. Another thing that “motorvates” us is that in the past two years, the number of Maxxia customers leasing eco-friendly vehicles has doubled year-on-year.
If you’re ready to join them, we have access to a huge range of low-emission vehicles through our network to suit most budgets and lifestyles. If you’re not quite ready yet – we thought we’d get back to basics, so you have all the information you need to make a confident choice.
What is an Electric Vehicle?
An electric vehicle (EV) is one that runs at least partly on electricity. While there are several types of EVs, the most common are battery electric vehicles (BEVs), which use no petrol and run solely on the charge of electricity through batteries.
There are also plug-in hybrid vehicles (PHEVs), which use an electric motor foremost but have the ability to tap into a petrol-fuelled engine when the battery runs out of power.
BEVs are easy to spot as they don't have an exhaust pipe. This is because the battery powers the car's motor instead of an engine.
Some Background on EVs
While electric vehicles (EVs) currently account for less than 2% of the overall new car market, trending in recent years combined with industry forecasting suggest this may change dramatically in the coming years.
Indeed, a 2021 industry survey conducted by the Electric Vehicle Council of Australia found that 54% of respondents would consider an electric vehicle for their next car, and 49% see themselves driving an EV by 2030.
Although the EV industry is booming globally – rising by more than 40 percent to 3 million new vehicles sold in 2020, despite a slump in car sales overall – Australia is lagging a little.
So, while Australians have started to adopt EVs and their hybrid counterparts, they remain something of an oddity to many.