Hybrid vs. Electric Cars: Which One is the Future of Driving?

The last few years have seen the Indian automobile market accelerate to a great speed when it comes to electric and hybrid cars. The sales of electric cars have been increasing exponentially in this period. As per the SMEV (Society of Manufacturers of Electric Vehicles), while the Financial Year ‘22 witnessed sales of 18,622 electric cars, the figure jumped to 47,499 in FY23. Excluding March, the sales for FY24 totalled around 79,000.[1] However, with EV sales booming, a new entrant is also making waves - the hybrid car, which offers a combination of a conventional fuel-powered engine and an electric motor. With each type of vehicle making its mark on the road, the question arises – ‘What is the future of driving?’ The answer may lie in understanding how each vehicle type works, along with their pros and cons.

Hybrid Cars: Meaning, Benefits and Drawbacks 

As explained above, a hybrid car combines both – conventional fuel engines and electric propulsion systems, to generate the power that will drive the vehicle forward. These two systems can work in tandem or independently. This dual-engine setup can enable a more efficient and eco-friendly driving experience.

Benefits of Hybrid Cars

1. Reduced emissions: The combination of electric and petrol engines in hybrid cars results in lower emissions, making them better eco-friendly alternatives. 2. Fuel efficiency: The ability to switch between the ICE and electric motor, allows for better fuel efficiency, especially in stop-and-go traffic. 3. Regenerative braking: Hybrid cars have regenerative braking; they convert kinetic energy during braking into electric energy to recharge the battery.

Drawbacks of Hybrid Cars

While offering numerous advantages, hybrid cars do come with a higher upfront cost (compared to traditional ICE vehicles).

Electric Cars: Meaning, Benefits and Drawbacks

Electric cars operate solely on electric power stored in rechargeable batteries. These vehicles eliminate the need for traditional fuel entirely, as they rely on electric motors to drive the vehicle forward. To recharge, electric cars need access to charging ports.

Benefits of Electric Cars

1. Zero emissions: Perhaps the biggest benefit of electric cars is their zero-emission feature which can reduce the harmful effect of vehicles on the environment to a great extent. 2. Higher efficiency: Electric cars tend to be more energy-efficient, as they have fewer moving parts. This also results in less energy wastage and reduced maintenance needs. 3. Lower operating costs: With fewer components and no reliance on traditional fuel, electric cars can have lower operating costs in the long run.

Drawbacks of Electric Cars

Electric cars are generally more expensive to buy due to the high cost of advanced batteries. Additionally, they may have a limited range compared to hybrid vehicles. In some cases, the need to charge these vehicles frequently can also be a limitation for some, since charging infrastructure is still in nascent stages in most regions.

Differences between Hybrid and Electric Cars

Now, let’s look at the major points of differences between the two types of cars:

Charging 

Hybrids automatically charge their battery through regenerative braking, while electric cars require external charging points.

Emissions

Electric cars produce fewer emissions, operating solely on battery power, presenting a cleaner and greener alternative as compared to hybrids.

Costs

Hybrid cars tend to have similar costs as traditional vehicles, while electric cars can often come with a higher initial price tag. However, hybrids may have a higher cost of maintenance in the long run.

Driving range 

Due to their dual-engine setup and regenerative braking, hybrid cars often have a longer driving range than electric cars.

Fuel efficiency

Hybrids tend to be more fuel-efficient due to the combination of electric and internal combustion engines. Thus, each type of car has its pros and cons. And, as for which car is the future of driving, the answer can depend on many factors. Vehicle specifications, features, and pricing may vary, and it is essential for readers to verify the latest information from authorised dealerships, manufacturers, or reliable sources before making any purchasing decisions. Regardless of which vehicle type you may choose, it is essential to insure it with the right electric vehicle insurance policy.

Why Your EV Needs Electric Car Insurance

Firstly, the legal mandate of having third-party motor insurance for a motor vehicle extends to electric vehicles as well. Secondly, even though you may have third-party coverage, it is advisable to opt for a comprehensive plan. With a comprehensive electric car insurance plan, your EV gets financial protection from third-party liabilities and coverage against natural disasters, fire, theft, riots, strikes, and so on.* In addition, you also enjoy roadside assistance services, on-site charging, pickup and drop services, a dedicated EV helpline and more, in case of battery-related issues and emergencies.* Claims are subject to terms and conditions set forth under motor insurance policy. To know what the premium of such a plan could be, you can use a car insurance calculator. Click here to buy electric car insurance for your hybrid or fully electric car.   *Standard T&C apply. Disclaimer: The content on this page is generic and shared only for informational and explanatory purposes. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making any related decisions. Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.