Well, here’s a duo you never thought would go hand in hand- electric vehicles (EVs) and e-commerce. We know that both are on the rise, with electric car sales soaring by 49% in the first half of 2023 and predictions indicating they’ll make up 18% of the overall market.
As for e-commerce, it has been evolving since 1990 and is still going down that same path today.
Now, they’ve intertwined and, together, can help each other thrive. E-commerce, especially food delivery companies, has been driving EV sales, and in return, electric vehicles contribute to the efficiency and sustainability of e-commerce.
However, there’s a lot more to discuss regarding the economic and environmental benefits of electric vehicles for e-commerce, so let’s dive right in.
The Rise Of Electric Vehicles
The electric vehicle adoption is no joke. Both the government and investors are boosting EV production, with companies like Tesla leading the charge. President Joe Biden is also dedicated to this cause and set a target that half of the new vehicles sold by 2030 should be electric – be it fully or hybrid.
After all, we seem to value a cleaner and more efficient way to get around. And as we move toward this sustainable future, we see that electric vehicles impact our individual daily lives, e-commerce deliveries, and, most importantly – make our environment greener.
Like gas powers traditional vehicles, a lithium-ion battery is behind most EVs. If we want this to work, if we want a greener future, then we, as well as the e-commerce businesses, must understand that electric vehicles need to be monitored to make sure they’re operating safely and efficiently.
Optimizing EV efficiency with battery software
If there’s something that worries all of us regarding electric vehicles, it’s if they’re completely safe. Are high temperatures and overheating going to be a problem? Should a high charging speed worry you?
Naturally, carmakers put these vehicles through a testing procedure. You won’t end up with a faulty car right from the start. However, like any other technology, electric vehicles aren’t immune to accidents, such as catching fire.
While electric vehicles are already a smart investment for e-commerce businesses, investing in Elysia battery software can further boost your fleet’s intelligence and efficiency. It’s designed to extend your car’s battery, as well as detect any potential issues and anomalies before they even escalate.
Economic Benefits Of Electric Vehicles For E-commerce
You might think electric vehicles are too expensive and are all about saving the planet, but they bring more to the table. And while it’s true that the upfront cost of electric vehicles might not be ideal, they turn out to be a great value for your money down the road. Now, let’s discuss the economic benefits of electric vehicles for your e-commerce business.
Making operations smoother and cheaper
As e-commerce continues evolving, businesses face growing demands. It started with online clothes shopping, but people are now ordering everything from food to electronics. This means that e-commerce businesses are expanding their operations and work with larger fleets to meet their clients’ demands.
Beyond the initial price, you’ll find that electric vehicles are truly cost-efficient. Think of them as an investment similar to real estate, where the initial payment pays off in the long run. Electric vehicles prove their value by reducing operational costs, as they’re much cheaper to operate than traditional gas-powered vehicles.
One more thing – electric vehicles have fewer moving parts and fluids, meaning they require less frequent servicing than combustion engine vehicles. For e-commerce businesses, this means minimized disruption in the delivery process.
Getting help from the government
Unlike cryptocurrencies and blockchain technology, governments fully support the production of electric vehicles. So, if you want your e-commerce business to benefit from them, check out these government initiatives aimed at making EVs more attractive.
- Tax credits and subsidies. Governments worldwide provide financial assistance or support through tax credits and subsidies. In the US, you can get a tax credit of up to $7,500 when buying an electric car. This makes electric vehicles more accessible and attractive to everyone.
- Infrastructure support. Many governments have even invested in charging stations and are giving discounts to anyone who uses them.
But there’s more. Governments have started raising awareness about electric vehicles by promoting them through social media campaigns and, sometimes, even letting people test them to reduce any doubts they might have.
Environmental Benefits Of Electric Vehicles For E-commerce
Now, the environmental benefits of electric vehicles are something they’re well known for. Oftentimes, when an electric car is promoted, the advertisement emphasizes a greener future. And while the environmental benefits of EVs impact all of us, there are some aspects in which they directly help e-commerce businesses.
Reducing carbon footprint with sustainable automotive parts
EV’s components are made of eco-friendly materials designed to reduce carbon footprint. These parts can include things like environmentally conscious metals, recycled plastic, and other components designed for energy efficiency.
Electric vehicles are your green transportation; by adopting EVs, you’ll be reducing your own carbon footprint. This surely benefits your business but also means cleaner air for everyone.
On the other hand, this brings us to e-commerce businesses specializing in sustainable automotive parts. As the adoption of electric vehicles grows, the demand for these automotive parts grows as well.
If this is your exact niche, then you should be thinking about incorporating an automotive parts e-commerce solution that will meet the demands of the growing electric vehicle market. You’ll have a platform with customer-specific prices that will make it easy for them to find whatever part they need.
Enhancing the brand’s image
Electric vehicles more than just contribute to a cleaner environment. They can, in fact, enhance your brand’s image. Customers nowadays are all about sustainability. This means that simply by adopting eclectic vehicles in your business operations, you can attract more customers who align with eco-friendly practices.
Adoption of electric cars is an ongoing trend, so now is your chance to make your brand more appealing. Embracing it not only shows your commitment to the environment but also paints a picture of your business as forward-thinking.
Overcoming challenges
Like with any technological shift, the adoption of electric vehicles comes with its own challenges. These are definitely worth mentioning, but still, they’re a small price to pay compared to the many benefits EVs have for e-commerce businesses.
- High initial cost. Electric vehicles will cost you a lot. However, you should view this as a long-term investment that will help both the environment and your e-commerce business in the long run. And remember that you can always take advantage of the government’s initiatives for adopting electric cars.
- Charging time. You know how irritating it can be when your phone is out of battery, and you desperately need it. This is even more frustrating when it comes to electric vehicles, especially when you have deliveries to make.
Adopting battery software can help you greatly. It will monitor your vehicle’s battery, making sure it’s in optimal condition. Some of the available battery software guarantee a battery life increase of up to 30%.
- Range anxiety. To add to the above, range anxiety is actually very common, and many fear that their vehicle will run out of battery. The problem lies in the fact that charging stations aren’t always available., so planning long trips might be challenging.
However, we’re already witnessing many governments investing in charging stations, so their number is slowly but steadily growing. Additionally, the growing demand for electric vehicles due to government initiatives and a higher number of models available will result in more charging stations opening up.
What you need to know is that electric vehicles go way back. However, there are now many players in the industry that produce them. If you want to minimize these challenges as much as possible, do your research before investing. After all, you’ll need a fleet and not just one single vehicle.
A Sustainable Part Forward
These two ever-evolving industries complement each other perfectly. As online shopping grows and more people turn to electric cars, we can safely say that we’re on the part toward a greener future that will change our lives forever.
Electric vehicles offer cost savings, government support, reduced carbon footprint, and an opportunity to enhance your e-commerce business’s brand image. And while it’s beneficial for your business, it’s actually a step toward a sustainable and more successful future.
