EV CONSIDERATIONS
The decision is becoming a prime focus for many Americans. With an increase in EV models, mass media coverage, and exponential sales, the topic is more and more relevant.
EV COST
Reports that EVs cost more than gas-powered vehicles can be misleading. With average prices of all models offered used, it is true that EVs retail at higher prices. However, that does not necessarily mean that an electric vehicle costs more. There are many EV models that are cheaper than their ICE counterparts.
Budget options exist, as a Nissan Leaf sells for $28k and a Chevy Bolt for $25k (MSRP before taxes and fees). Chevy is building a 2024 Equinox EV SUV for approximately $30k. Compare this with the Lucid Air luxury EV sedan starts at $87k and top models start at $249k. The Tesla Model S starts at $97k and the GMC Hummer EV starts at $110k.
Similar Pricing
Example: The 2024 Chevy Silverado EV truck has a starting M.S.R.P. of $42k, whereas the 2023 Chevy Silverado (gas-powered) has a starting price of $42k! These are both crew cabs with short beds. Clearly, there are cheaper options, comparable choices, and those that are more expensive.
EV PERFORMANCE
With most 0-60 times under 6 seconds (and some under 2 seconds!), electric vehicles are blazing fast. Handling and comfort are comparable, if not better, with minimal noise.
EV CHARGING
Charging is an important concern, as charging infrastructure is growing rapidly, but still not at a level to meet the needs of highly mobile- individuals and businesses. As there are more than 113,000 public chargers in America, the concern would seem to be minimal. Yet, most are in dense cities, shopping centers, and major highway rest areas. Residential charging minimizes this concern for daily use.
Residential Charging Options
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