Posted Wednesday, Apr 25, 2018
The rEVolution from traditional gasoline-powered vehicles to electric vehicles (EVs) has been a gradual process for some – and an exciting leap for others. Still, some savvy consumers are watching trends shift and seek out more information before diving in. With increasing innovation and environmental awareness, EVs have never been safer, sleeker, or more exciting to drive.
Boasting features like immediate torque, silent ride, and premium performance, EVs also have lower fuel and maintenance costs. And consumers ultimately garner social pride and responsibility from creating a better, healthier planet. For all of these reasons and more, EVs have caught the attention of car-lovers and commuters alike, leaving the question: what drives you?
A CLEAN ALTERNATIVE
A battery electric vehicle (BEV) has far fewer moving parts than a conventional gasoline-powered vehicle. There’s no need for liquid fuels or oil changes. There’s no transmission or timing belt to fail when you least expect it. In fact, most of the maintenance costs associated with an internal combustion engine are eliminated.
Even if your vehicle was to be fueled exclusively by electricity generated by coal, EVs have a better emissions profile than internal combustion vehicles. Not only is the overall emissions content lower, but the location and timing of the emissions are better. While a gasoline-powered vehicle emits pollution during peak driving hours in the middle of the city, the emissions from fueling an EV generally happen during off-peak driving hours at power plants in remote locations.
EVs are sophisticated and diversified, with many price and style options, but all with the reliability and power of traditional, gasoline-powered vehicles. A compact and quiet motor yields surprising acceleration: 100% torque at zero rpm, without the negative emissions associated with most cars on the road.
COST AND SAVINGS
The overall cost of EV ownership is actually lower than gasoline-powered cars. Consider fuel costs: say you drive 15,000 miles a year and average 25 miles per gallon, with gasoline at $3.50 a gallon. That comes out to $2,100 a year in fuel costs to operate your vehicle.
Those same miles in an EV that gets 3.5 miles per kWh would utilize less than 4,300 kWh, and at a price of 11 cents per kWh would cost less than $475 a year. Not to mention the savings on maintenance costs; oil changes, replacing belts, and transmission repairs quickly add up. There are also federal tax credits of up to $7,500 and additional tax credits in a number of states for most EV models. That provides a significant savings on the initial purchase price of a new EV.
DOMESTIC ENERGY INDEPENDENCE
The electricity that powers your EV can come from many sources, which include low-emission sources like natural gas and zero emission sources like wind, solar, hydro, and nuclear power, which enable EVs to dramatically reduce gaseous emissions.
When you drive an EV, you help clean the air and help increase America’s energy independence. By running on electricity generated by fuels sourced within the United States instead of on foreign fossil fuels, EVs can go a long way toward increasing our national security. EVs are putting a dent in the $25 billion sent overseas each month in exchange for foreign oil.
EVGO® NETWORK EMPOWERS DRIVERS
If you haven’t looked at what’s going on with EVs lately, you may be surprised. Sales are growing. The EV industry is creating jobs for Americans. With EVgo’s expanding network of charging stations and plans, it’s becoming more common to find charging spots within parking lots, at your office, or even installed in your own garage. We encourage you to join the movement. Lead the way for a cleaner, more energy-efficient future. Begin by finding the perfect EVgo® Plan that fits you.