I have been considering buying an electric vehicle (EV) because my current car only gets 22 miles to the gallon, I drive a lot, and gas is becoming way too costly for me! My mechanic recommended a hybrid because when the battery on an EV goes out, it can be very costly to replace. I also drive to Reno and Tahoe a lot so I want an all-wheel drive SUV. Also, I already have range anxiety because once I get to Reno, where would I charge it conveniently? I hate the idea of standing around for 20 minutes waiting for a car to charge.
That said, maybe it would be worth getting solar on my house if I need to charge a car every day. There are a lot of things to consider when making a big decision like this. Check out this article that details four important things to know before buying an EV – just in case you are also considering it! Here are the main points:
- EVs are more efficient than traditional gas-powered vehicles: fully electric vehicles convert more than 77% of the electrical energy from the grid to power at the wheels, according to the U.S. Department of Energy (traditional gas-powered vehicles convert 12-30% of the energy stored within gasoline).
- Pricing will continue to become more competitive in the coming years: as more manufacturers get on board with producing EVs, increasing access is leading to a decline in upfront prices.
- It’s important to consider your driving habits if you want to avoid “range anxiety”: knowing how far your electric car can travel and what kind of access you’ll have to charging stations can hugely influence your buying choice. Most of today’s EVs can cover a distance of roughly 200 miles without needing a charge, but this varies.
- You can save money through federal tax incentives: Anyone buying a new plug-in EV in 2023 and beyond may be able to claim a clean vehicle tax credit on their annual tax return! This can be as high as $7,500.
All of those things are good to know and are in much more detail in the article itself. Most of those things listed above are positive, so make sure you do your research before buying an EV – but it is tempting! Plus, come 2035, only EV cars will be sold as new vehicles.