There are massive benefits to owning an Electric Vehicle. From minimal maintenance, ease of drive, and saving on gas money, an EV can be extremely beneficial to your lifestyle – and wallet. Plus, as battery technology continues to optimize, now is a great time to ask yourself if an EV is right for you.
Nevertheless, there are plenty of myths out there about the downsides of owning an EV. So we’re here to debunk the three biggest myths we’ve seen about EVs; so you can make an informed decision about whether an electric vehicle is right for you.
EVs Are Worse for the Environment Than Standard Vehicles
While certain elements of EV production can be harmful to people and the Earth, the situation is definitely improving. Today, new batteries that promise faster charging and less reliance on problematic materials are being developed at a rapid pace. Moreover, according to the Environmental Protection Agency, “Electric vehicles typically have a smaller carbon footprint than gasoline cars, even when accounting for the electricity used for charging.” Still unsure? We debunk this myth in full here. But all and all, the harm against the environment is not as impactful as that caused by a standard vehicle.
Range Anxiety
There are now many EVs that can complete a range between 200–300 miles on a single charge. According to the U.S. Department of Energy the average vehicle in North America covers 43 miles a day, which means that most EV vehicles can cover a week’s worth of mileage in between charges. If you’re setting out on a longer trip, you just need to be strategic about where to stop and charge. However, with the influx of new charging stations, it’s becoming easier and easier to take a road trip with your electric vehicle. Still want to take it even further? Explore how you can off-road safely and capably with your EV.
EVs are Too Expensive
While EVs tend to have a higher sticker price than their standard counter parts, many factors actually make them much more cost efficient. For example, you may qualify for a Federal Income Tax Credit, which can put as much as $7,500 back in your pocket.
When you consider that many affordable EVs retail for under $30,000, that is a substantial amount of money to get back. For more information on whether you’re eligible for the credit read on here.
Of course, never having to visit a gas pump again will also save you quite a bit. Plus, at-home charging can be extremely cost-effective. It also might be worth considering a pre-owned electric vehicle to save more money right off the bat.