What are Personal Electric Vehicles (PEV’s)?
Personal Electric Vehicles are a growing movement that introduces many lifestyle benefits. Especially, during the COVID-19 pandemic which has transformed the day-to-day activities of many individuals and their friends and families. However, despite all the lockdown restrictions and social distancing rules, Personal Electric Vehicles (PEV’s) have allowed us to commute and explore the outdoors in a healthy, cost-effective, environmentally friendly, and socially distanced way.
PEV’s are a portable mode of transportation, perfect for those leisure rides on the weekend while still being useful as a daily commuter. Despite being portable in size, PEV’s can vary in terms of battery capacity, motor power, and wheel size. However, this all depends on the type of Personal Electric Vehicle that you purchase. Examples include:
- Electric Scooters (e-scooters)
- Electric Unicycles
- Electric Skateboards
- Electric Bicycles
- Electric Mopeds
What are the benefits of owning a PEV?
Owning a PEV can provide you with many benefits. For example:
- Avoiding crowds on Public Transportation
- Avoiding delays on Public Transportation
- Getting to your destination faster
- Exercising outdoors
- Stress relief
- Avoiding insurance
- Avoiding high parking fees
- Avoiding traffic jams, and
- Safe social interaction
How much are Personal Electric Vehicles?
The cost of Personal Electric Vehicles can vary according to your needs. If you are looking for a last-mile commuter, you can find PEV’s typically within the $600 to $999 range. If you’re looking for a daily commuter or something that is for the intermediate or enthusiast rider, then PEV’s can range anywhere from $1000 to $2000 or more. The primary factors that influence the cost of Personal Electric vehicles are battery capacity, motor power, and wheel size. Even though the initial cost of ownership is a good investment, the cost of ownership is considerably lower than owning a car.
Who should own a PEV?
There are many Personal Electric Vehicles in the market that cater to different customer needs. If you are an individual who wants to travel in a healthier, cost-effective and environmentally friendly way, then owning a PEV is the right choice for you.