Did you know that electric and hybrid cars produce significantly fewer emissions than traditional petrol or diesel vehicles? If you're looking to reduce your carbon footprint, switching to an electric or hybrid car is a great way to do it.

In this blog post, we'll take a look at the benefits of electric and hybrid cars.

What is a carbon footprint and how can electric and hybrid cars help reduce it?
The carbon footprint is the total amount of carbon dioxide and other greenhouse gases that are emitted by an individual, organisation, event, or product. Greenhouse gases are released when fossil fuels such as coal and oil are burned.

They contribute to the Earth's greenhouse effect, trapping heat in the atmosphere and causing the Earth's temperature to rise.

Electric and hybrid cars can help to reduce an individual's carbon footprint because they produce zero emissions.

In addition, electric and hybrid cars are often more fuel-efficient than traditional fuel-powered cars, meaning that they require less fuel to travel the same distance. As a result, electric and hybrid cars offer a cleaner and more efficient way to travel, helping to reduce our impact on the environment.

How do electric and hybrid cars work?
Electric cars are powered by batteries that store electricity, which is then used to run the car's motors whereas hybrid cars have both an electric motor and a fuel engine.

The electric motor is used for low-speed driving, while the fuel engine is used for higher speeds. Both hybrid and electric cars use regenerative braking to help charge the batteries.

When the brakes are applied, the car's kinetic energy is converted into electrical energy, which is then stored in the batteries.

What are the benefits of owning an electric or hybrid car?
Hybrid cars and electric cars are becoming increasingly popular as people look for more efficient and environmentally friendly ways to travel.

There are a number of benefits to owning an electric or hybrid car!

  • They produce no emissions
  • They’re more fuel-efficient than traditional petrol or diesel cars
  • They’re often cheaper to maintain

Electric cars also have the potential to save you money on fuel costs, as you’ll only need to charge your battery rather than buying/refilling petrol or diesel.

Hybrid cars offer a compromise between electric and traditional petrol or diesel cars, as they still run on petrol or diesel but also have an electric battery that helps to power the car and reduce emissions.

Ultimately, the decision of whether to buy an electric or hybrid car depends on your personal circumstances and preferences, but there’s no doubt that they offer a number of benefits over traditional petrol or diesel cars.

Consider your daily driving habits
If you have a long commute or frequently drive on the highway, a hybrid car may be a better option since it can run on petrol if needed. Electric cars are best suited for metropolitan driving, where there are plenty of charging stations available.

Think about your budget
Hybrid and electric cars tend to be more expensive than traditional petrol or diesel-powered vehicles, but with fuel prices fluctuating rapidly they may save you money in the long run.

Do your research
Test drive a few different models before making your final decision. Reach out to experts, friends, family or peers who have experience with electric and hybrid vehicles. With so many options available, it's important to find the right car for you.

Horizon Bank has a Green Car Loan that offers competitive rates and terms to help you finance the purchase of a new or used hybrid or electric vehicle. The Green Car Loan from Horizon Bank is a great option for those who are looking to finance a green car. The loan offers competitive rates and terms, making it easy to get a car loan for a new or used hybrid or electric vehicle.

Get in touch with your local branch today and let us help you get behind the wheel of your new car!

Horizon Bank has a branch network spanning the NSW South Coast and Illawarra. Horizon Bank branch locations: Albion Park, Bega, Bermagui, Berry, Merimbula, Moruya, Nowra, Thirroul, Ulladulla & Wollongong.