Electric vehicles used to be a hot item only available to a few, but with more options available and an increasing effort by governments and private organizations to make owning an EV convenient (and incentivized), more people are consciously making the switch. Here are some reasons why it could make sense for you, too:
It’s Cost-Effective
While electric vehicles might be more expensive to buy upfront versus gas-powered cars, the total cost of owning an EV is significantly less in the long run. You spend less on costs related to buying, operating, and maintaining an electric vehicle.
You don’t need to splurge on gas, and you don’t have to pay for engine-related expenses constantly (these get expensive with gas vehicles as they age, too). Furthermore, electric vehicles typically hold resale value better, so you get more for your investment should you decide to upgrade later on.
As with any other car, buying an EV is an investment, so make sure you get adequate electric vehicle insurance coverage to protect your vehicle!
It’s Better for the Environment
When electric vehicles started making a buzz, they caught a lot of interest primarily because of their eco-friendly impact–and this continues to be a major draw. Switching to an electric vehicle is an easy way to reduce your carbon footprint; it can help you cut your individual carbon dioxide emissions by up to 80%! With more people going electric, we are collectively slowing down global warming and improving the air quality in our cities.
You Get Incentives
Institutions are recognizing the positive effects of electric vehicles, so they’re finding ways to further encourage people to make the switch. Governments are doing this by creating programs that incentivize and reward electric vehicle ownership. Private organizations and businesses are also offering rebates and discounts for EV owners and users.
It’s Becoming More Accessible
From sedans to pick-up trucks to SUVs, there are already several electric vehicles on the market, making it easier to find a model that suits your lifestyle and needs. The options will only continue to increase as major car brands plan to ramp up EV production in the coming years.
Electric vehicle prices are falling, too, with some of the cheapest vehicles coming in as low as $50,000.
It’s Fun to Drive
Electric vehicles are a ton of fun to drive! They come with many features that enhance the driving experience, but one of the best ones for drivers is that they can reach top speed much faster than regular cars. Because they don’t require the buildup that gas engines do, EVs can get an immediate surge of power and reach max torque quickly from zero RPM.
They offer great handling too, so you can still be sure you’re driving fast while staying safe. It’s also predicted that price parity with gas equivalents may be reached sooner than we think!