Updated: Nov 20, 2019
Maybe this idea has come across recently or maybe this is something that has been in the back your mind for a long time, but It is certainly, a great question to be asking yourself right now. With the incremental growth and variety on Electric Vehicles, considering the transition to Sustainable Transport is a great option. Still not a fan of EV’s? Let’s consider some FACTs on EV Cars Culture.
Quality, Variety and Affordability. Nowadays, we`re being presented with SO MANY options to choose from and the options just keeps growing each day, accommodating to any type of consumer profile. Not sure if you would like to invest on a Tesla? Don´t worry, now you can go from a three-wheel car named Electra Mechanica Solo, all the way to an SUV Hyundai Kona. Feeling a little luxurious? Mercedes-Benz, Audi, BMW, Jaguar and Porsche have some great options for you to consider too, although we have to be clear about something; Tesla has put a significantly
high standard bar to reach and owners are not only enjoying and ripping all the benefits and perks of this amazing car, but also helping to contribute to the ever more present threat of Global Warming. This has resulted in reputable and consolidated Car Brands that you´ve known your entire life, investing and making the transition to sustainable transport and leaving the internal combustion engine behind. By having a wide variety of options to choose from, it will be easy for you to transition into the glorious world of EV’s.
One of the first and most important aspect to consider when buying an Electric Vehicle is the Maintenance Cost. Maintaining an Electric Vehicle costs about one third of the total cost of a conventional gasoline vehicle. That’s because electric cars don't require over two-dozen common automotive components that would normally require service or replacing. What’s more, an EV owner avoids having to take the car in for periodic oil changes, cooling system flushes, and replacing the air filter, spark plugs and drive belts. Regular service visits usually just consist of a mechanical inspection, and rotating the tires, replacing the cabin air filter and wiper blades, and topping off the washer fluid.
Talking about maintenance, there’s one misconception must non-Electrical Vehicle owners have which is the lifetime of the battery. Let’s face it, it is a real concern that almost all potential EV costumers have. According to testing conducted by the organization “Plug In America”, the battery in a Tesla Model S can be expected to lose only around five percent of its original capacity over the first 50,000 miles driven, with the rate of depletion actually slowing down from there. The batteries in all-electric cars sold in the U.S. are covered under warranty for at least 8 years or 100,000 miles. KIA covers the battery packs in its electric cars for 10 years/100,000 miles, while Hyundai offers lifetime coverage, which helps giving you that additional peace of mind.
Another important fact that most people don`t foresee is that you will save some money, by having an Electric Car. The Environmental Protection Agency estimates it will cost an average $550.00 a year to drive a Hyundai Kona Electric crossover SUV for 15,000 miles in a combined city/highway driving. By comparison, the EPA says it will cost an average $1,550.00 to drive a comparably sized Hyundai Tucson the same distance, saving up to 65%. How much you save will, of course, depend on local gas prices and electricity costs, which now more than ever, are offering rebates and special consumptions programs to save as much as possible when charging your car. Ask yourself about your gas monthly budget and think about the possible savings you might have by driving an Electric Vehicle. A simple monthly budget analysis should be more than enough to confirm this and that’s why we like to consider the purchase of an EV as an investment, rather than just an expense.
Since we’re already on the money-saving subject, let’s talk about one of the two things that are certain in life: Taxes! The good thing about joining the EV world is that most electric cars are eligible for a hefty tax credit. With the exception of the Tesla models and the Chevrolet Bolt EV, those buying or leasing a new electric car can still take advantage of a $7,500 one-time federal tax credit. If you’re buying one, it will be deducted from your tax bill when you file your next 1040 form; if you lease, it will usually be rolled into the deal. The tax credit is being phased out for Tesla and General Motors models, as those companies have already reached a 200,000-unit sales threshold.
Tesla buyers will remain eligible for a $1,850 credit through the end of 2019. The Chevrolet Bolt EV's credit is also at $1,850, and it will be eliminated altogether on March 31, 2020. Also, numerous states already grant new-EV buyer’s rebates or tax credits to their EV-Ready residents.
Talking about EV-Ready residents, installing Charging Stations in households is now as easy as installing an Electric Dryer or Oven and people are already ripping all the benefits of charging at home, rather than having to go to your closest public charging station. You can now choose from a variety of charging stations compatible with any type of Electric Vehicle currently in the Market and being able to accommodate the owner`s daily commute. From charging 50 miles in 2 hours to fully charging your car from 0 – 100% in 7.5 hours, you decide and set up charging schedules to meet your driving range needs.
As consumers, when there’s interest in any product, we tend to gather as much information as we can to be fully informed and be able to make an educated decision. If you are certainly interested in becoming an EV owner, you can start planning your transition right now. The current growth of the Electrical Vehicle Community has also opened the possibility to now have Pre-owned EV’s (used cars). The remainder of the original warranty usually transfers over with the change in ownership, and that includes the battery coverage. Late-model EVs are often sold as “certified” used cars that come with extended comprehensive warranties of at least a year.
The Electric Vehicle is the future of transportation and every day is becoming more and more a reality. The transition from ICE to Sustainable Energy is not only bound to happen but it`s already happening. You can now drive and at the same time, contribute to the planet`s wellbeing. Our goal as a company is to help accelerate the transition to sustainable, clean transport since we honestly believe in the Eco-Culture and we want to do our part and contribute to this change if we want a better future for our planet, or simply just a future. The net environmental effect of running an EV depends to a certain degree on how the electricity used to power it is generated. An electric car’s impact on Mother Nature tends to be much greater in areas where the power comes from burning fossil fuels than it is with nuclear, wind, and solar sources. The Union of Concerned Scientists studied the issue and concluded that electric cars are generally responsible for less end-result pollution than conventional vehicles in every U.S. state. This is why sustainable transport is becoming more and more a cultural aspect in businesses. Brands like Amazon are interested in switching their delivery trucks by having an EV fleet to do their deliveries by 2020. Also, McDonald’s in Europe is having EV Fast Charging stations in their parking lot.
So, should you consider buying an Electric Vehicle? This is entirely up to you but if you want to not only save money, drive top-of-the-line and state-of-the-art vehicles, charge your car form the commodity of your home and also be part of an uprising community, we dare to say with absolute certainty, YES!! you should definitely buy an Electric Vehicle. We’re trying to generate cultural inclusion and open conversations about EV’s. Be part of the change, Join a local EV community (You can check our friends at Electric Vehicle Association of San Diego), get informed, start planning on becoming an EV Owner and be part of the future.