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$NETE Why EVs Are Safer Than Conventional Cars

Each year, approximately 1.35 million people die as a result of road traffic accidents. On top of that conventional vehicles run on non-renewable fossil fuels, and the impact they have on the environment is massive. Still, roads remain a crucial aspect of most countries’ infrastructure, especially developing nations that don’t have a countrywide railway system. Governments are tackling the issue of carbon emissions and global warming by phasing out internal combustion engine vehicles for electric cars.

As electric vehicles (“EVs”) become more mainstream across the world, one question that has crossed the mind of anyone who considered making the switch to green energy is just how much safer are electric vehicles? Well, the honest answer is yes, electric vehicles tend to be safer than internal combustion engine vehicles. You see, electric vehicles are fundamentally different from traditional cars, and automakers design their EVs with the driver’s and pedestrians’ safety in mind.

For starters, EV battery packs are super heavy, weighing up to 551 pounds. The battery pack is usually placed on the floor of the vehicle, thus lowering its center of gravity. This makes them a lot more stable than traditional vehicles and makes them less likely to tumble or flip.

Electric vehicles also need less components to run, thus consuming less room and providing more crumple space in case of an accident. Crumple spaces or zones are areas of the vehicle that are designed to deform and crumple in a collision. This absorbs some of the energy of the impact and prevents it from being transmitted to the occupants.

With less components to install in the vehicle, EV makers have more room, allowing them to carefully plan and execute better frontal, side, and rear crumple spaces and provide more protection for occupants in case of an accident. Additionally, the onboard systems on an EV log the drivetrain activity and perform pre-diagnostics to prevent potential failures of any sub-system. Thus, the vehicles are better maintained and less likely to suffer any breakdowns or accidents.

Another risk with internal combustion engine (“ICE”) vehicles is catching fire in certain unusual circumstances. Electric vehicles run on lithium-ion battery packs rather than a tank of flammable petrol or diesel, and this reduces their risk of catching fire or exploding in case of an accident. Most EV manufacturers also use cell isolation and division of battery packs into arrays to reduce the potential damage in case of a malfunction. The battery packs are always under the watchful eye of a battery management system which continuously monitors their state and temperature, with a cooling mechanism keeping the battery temperature low while the vehicle is running.

Plenty of the features built into electric vehicles make them a lot safer than traditional vehicles. They are more stable on the road, constantly monitor systems to prevent issues before they become severe and are more likely to keep the occupants safe in case of an accident. It is therefore no wonder that leading payment solutions providers like Net Element (NASDAQ: NETE) are happy to be associated with the green car sector due to its inherent emphasis of safety in all aspects of EVs.

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Monday, August 10th, 2020 Uncategorized