About 4 in 10 Americans say they are “very likely” or “somewhat likely” to “seriously consider” buying an electric car or truck the next time they hit the market, according to one. recent Pew Research survey. With help from WFAE climate reporter David Boraks, FAQ City answered some common questions about electric vehicles, or electric vehicles for short.
Which car manufacturers offer electric vehicles?
Tesla isn’t the only game in town, though it’s still the top-selling electric vehicle brand in the United States, accounting for around 80% of all newly registered EVs in 2020.
Most of the major automakers now have their own electric models, including Hyundai, Volkswagen, Audi, Porsche, Volvo, BMW and Kia. Right now, there are around 50 different electric vehicle models for sale in the United States, and that number is expected to increase to 150 by 2025.
The Nissan Leaf has been on the market for 10 years. The Chevy Bolt is the third most popular in the United States, based on sales so far this year, according to Car & Driver. Ford’s Mustang Mach E won numerous awards in 2020 and is currently the fourth best-selling electric vehicle in the United States. Ford also plans to deliver an F-150 electric pickup in 2022.
New electric vehicle companies are also emerging. Rivian has a truck he calls an âadventure vehicle,â Lucid is a luxury electric vehicle brand, and Polestar started out in Sweden. These startups are trying to replicate Tesla’s business and have hired some of Tesla’s talents as well.
How much do EVs cost?
Be prepared for a bit of sticker shock unless you currently drive a luxury car. And in general, the lower the price, the shorter the range.
Typically, Tesla models range from around $ 40,000 to $ 100,000, with price increases for adding larger batteries or accessories. The company also announced that it was raising prices by $ 2,000 on its two best-selling electric vehicles, the Model Y and the Model 3. Mini has an electric model that starts at $ 30,000, the Nissan Leaf starts at around $ 32,000 and Hyundai has a model for around $ 35,000.
But electric vehicle advocates say electric cars require a lot less maintenance and remember: you won’t be paying for gasoline.
When will electric vehicles get cheaper?
Prices continue to drop, but it’s hard to say when exactly the initial cost of an EV will be about the same as that of a gasoline car.
âIt will be better than gasoline because the cost of batteries will continue to drop,â said Daniel Sperling of the Institute of Transportation Studies at the University of California at Davis. âThere are all kinds of innovations … There has been an 85-90% reduction in costs over the last decade. And all forecasts indicate that this will continue to decline. “
Tesla’s first EV, released in 2008, cost $ 100,000 – or $ 125,000 today. Now, some EVs cost around a quarter of that price.
Are there any discounts or other incentives to buy electricity?
Yes. There is a federal tax credit up to $ 7,500 for the purchase of an electric vehicle. There is also a federal tax credit of up to $ 1,000 for the installation of a charging station. In many parts of the United States, local governments and utilities may also offer incentives. No state in the Southeast currently offers a tax credit or financial incentive for the purchase of electric vehicles.
Can you buy a used electric car?
Absolutely, although you might have to look around and prices don’t seem to drop as quickly for used EVs as they do for some gas-powered cars. In addition, older electric cars will not have the lineup of the newer ones.
How far can you go with a load?
It depends on the electric vehicle model, like how some gasoline cars have larger or smaller gas tanks, but most can go around 200 miles on a single charge.
Typically, as the price of the vehicle increases, so does its range. The Mini model that starts at around $ 30,000 can go around 110 miles on one charge. Other cheaper models can travel up to 200 miles. Meanwhile, the luxury Tesla S and the Lucid Air both cover over 400 miles but cost at least $ 90,000. Lucid boasts that its most expensive model exceeds 500 miles per charge.
What is “scope anxiety?” ”
Range anxiety arises when a driver fears their vehicle does not have enough energy (i.e., but experts say the average EV owner only drives about 30 miles per day, therefore charging is not a daily concern and the vast majority of electric vehicle charging is done at home.
â(Litter anxiety) is a perception more than a reality,â said Stan Cross of the Southern Alliance for Clean Energy. âIn fact, you get incredible comfort, being able to come home every night and plug in your EV. And once you’re in the vehicle and experience this technology, you realize thatâ¦ the performance of an electric vehicle is so much better than a car.
Have pandemic supply chain issues affected electric cars?
Yes. Wait times for electric vehicles are longer, in part due to the global shortage of computer chips and steel supply chain issues. The growing demand for electric vehicles is also playing a role. In general, the more popular the car, the longer the wait.
An order for the entry-level Tesla Model 3 right now could take up to 10 months to arrive, although experts say more sophisticated models could arrive sooner. It’s a similar story for other automakers. You could wait six months for a Ford Mustang Mach E
Are there additional taxes on electric vehicles?
Yes. Many states have passed laws imposing additional annual fees for electric vehicles. This is to compensate for the loss of road use taxes charged at the gas pump. This money is used for road maintenance. In North Carolina, it’s $ 130 per year for any plug-in electric vehicle.
Are public battery chargers free?
Yes and no. Some chargers are free – supported by the business, government, or organization where you find them. When Tesla first built its charger network about nine years ago, the cost of charging was built into the purchase price. But since then, Tesla has started charging either by the amount of electricity or by the time it takes to charge.
The recent infrastructure bill includes $ 7.5 billion for nationwide charging stations, as well as a competitive subsidy program with an additional $ 2.5 billion. North Carolina is expected to get $ 190 million for charging stations on that bill, although ultimately the private sector will likely build most of the electric vehicle charging network.
âAs soon as businesses – any business – realize that they can be profitable by selling electricity for an electric vehicle, we’ll see a bit more infrastructure happen,â said Stephanie Brinley, automotive analyst at IHS Markit.
Brinley said businesses can advertise the charger, collect money for electricity, or charge homeowners for installing the charger.