Is it Worth Buying an EV in 2022?

The transport industry uses approximately 29% of fossil fuel as energy globally. Around 61% of oil is used to support the sector yearly. The reality of using fossil fuels would change drastically if all car owners shifted to electric vehicles.Australia is responsible for 5% of greenhouse emissions caused by fossil fuels. They are contributing 1.4% of global emissions. The transportation sector of Australia consumes 54% liquid fuel. However, electric vehicle users are increasing in Australia every day. The Australian transport industry should shift its gear entirely to EVs.

But is it worth buying an EV in 2022? Let’s find out.

There are many things to consider before purchasing an EV. As beginners, let’s understand the basics of EVs first. Some things to study before buying an EV are EV chargers, public EV chargers, AC & DC charging, Hybrid inverters, and bidirectional charging. Let’s begin with EV 101, shall we?

EV Chargers and Functions

Most Electrical Vehicles and accessories work like any other electronic device. A standard battery comes with the car. It will keep your EV running. A basic EV charger takes electricity from a 240v outlet or grid.


As EVs increase, charging options are getting better, faster, and cheaper. The number of public EV charging stations is becoming more frequent. In addition, many employers in Australia are taking the initiative to install chargers for electric cars. And if you have a solar system at home, you can charge your vehicle at a very low cost. Therefore, you can charge your car at home. You can charge your vehicle at your workplace. You can also charge your vehicle on the road, going for a road trip. The anxiety of charging your EV is almost null.

Smart chargers can reduce the expenses of peak hour charging, as these chargers comply with the Peak Demand Reduction Scheme. Smart EV chargers also protect against network overload during peak hours, especially evening peak. Visit Smart Lifestyle Australia to get the best cost-effective EV chargers today!

Hybrid Inverters

A Hybrid inverter is a smart device that combines solar panels and batteries and provides excess storage when needed. A regular inverter requires a separate inverter to convert the back-and-forth system between Alternating Current (AC) and Direct Current (DC). Hybrid Inverters will provide electricity to your home appliances, which include your EV. It will charge the batteries and keep the battery backup. Based on functionality, there are four types of Hybrid Inverters.
  • Basic Hybrid Inverters
  • Multi-Mode Hybrid Inverter
  • All-In-One Hybrid Energy Storage System
  • AC Coupled Hybrid and Off-Grid System
These intelligent inverters have significant advantages too. Judging by the advantages, Hybrid Inverters or Hybrid Solar Inverters can be the game changer for renewable energy.
  • Constant Power Supply
  • Maximum utilization of Renewable Sources
  • Low maintenance and cost-effective
  • Intelligent monitoring system
  • High efficiency
  • Environmentally friendly
To learn more about the best Hybrid Inverters, click here.

AC & DC Charging

In electric vehicles, there are two types of fuels. The two types are alternating current (AC) and direct current (DC) power. The grid power is always alternating current (AC). However, batteries, such as the one in your EV, can only store DC power. As a result, most electronic devices include a converter built into the plug. And the plug converts AC power to DC. It works when you charge a device like your smartphone.

Bidirectional Charging

One solution to an energy surplus or deficit is to divert it and store it in EV batteries. These renewable-based DC charging systems combine the power from the sun, wind, and battery energy storage to provide an uninterruptible power supply. In the absence of renewable sources, the excess power generated is stored in the battery storage system and retrieved. A bidirectional converter allows energy to flow, balancing the growing mismatch between electrical usage and renewable generation. Bidirectional charging is the way of the future for EV chargers. It is a sustainable and environmentally friendly method of charging electric vehicles. Bidirectional charging conserves resources by utilizing renewable energy.

Public Charging

According to the Australian Electric Vehicle (EV) Charging Points Report 2022, Australia currently has over 3000 public charging points. The country has 2500 standard AC, and 470 supercharge DC points. As Electric car sales increased to 65% this year, charging points have increased too.However, the infrastructure of these charging points needs to improve. The government should implement proper maintenance. Australia can now choose between 45 different types of electric vehicles. Considering this number, authorities should fix these problems at the source. These basic understandings of EVs will empower you to make the right decision about your purchase.

Breaking the Myths

Purchasing an electric vehicle (EV) has numerous advantages. EVs are better for the environment and have lower lifetime operating costs than Internal Combustion Engine (ICE) cars. They have some best safety rating technology on the market. But if you’re still on the fence, you’re not alone. Let’s try to break some myths below:

  • Not enough charging stations – As mentioned earlier, there are over 3000 public charging stations in Australia. Thus, no worries about charging your cars on the road.
  • Only for Urban Lifestyle- You should consider your lifestyle before purchasing the vehicle. Most electric vehicles are feasible for both long and short trips. Therefore, people from all life paths are going electric now.
  • Compromise on performance- Many prominent research shows electric vehicles perform better than traditional cars run by petrol or diesel. So, the car’s performance shouldn’t be a concern.
  • EVs are more expensive- Yes! EVs are still costlier than traditional cars. But EV charging is 40% cheaper than petrol and diesel. And not all brands are as expensive as Tesla. Many mid-range brands provide the same quality as Tesla. If you consider this an investment, you and our environment will benefit in the long run.
  • Not compatible with Road trips- Most EV modes now have 300 to 350 km single charge. It is almost the same as ICE vehicles.

There is no doubt that Australian EV has some catching up regarding EV usage. Most of the developed countries have already adopted the technology of Electrical Vehicles. The fast-paced technologies of EVs are constantly improving every day. Buying an EV has become a trend over the years. Truth be told, this is a trend that should always catch on everywhere around the world. We cannot force you to get an EV; you should decide for yourself. But getting an electric car in 2022 is statistically a better decision.


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