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EVs in 2023: Key Considerations for Buyers

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【Summary】Before buying an electric vehicle (EV), there are several important things to know. Firstly, the touch screen interface may take some time to adjust to. Secondly, road trips require careful planning to locate charging stations. Thirdly, while EVs save on gas expenses, consider the cost of electricity and potential added fees at public charging stations. Fourthly, cold weather can significantly reduce the range of an EV. Fifthly, EVs require more frequent tire replacements.

FutureCar Staff    Aug 15, 2023 9:51 AM PT
EVs in 2023: Key Considerations for Buyers

If you're considering switching from a gas-powered or hybrid car to an electric vehicle (EV), there are a few important things to know before making the transition. One aspect to be aware of is the touch screen in EVs, which can be confusing at first. Navigating all the features on the touch screen may require some adjustment and getting comfortable with the vehicle's manual. It's a good idea to ask salespeople for comprehensive demos to understand how the touch screen operates.

Another factor to consider is the need for careful planning when going on road trips with an EV. Unlike gas-powered cars, EVs require charging stations along the way. It's important to pull up a map of charging stations along your route and be aware that some stations offer faster charging options. This means that spontaneous road trips may require more planning in terms of charging stops.

While EVs save on gas expenses, they do use electricity. It's essential to consider the cost of electricity and how it may affect your overall expenses. Charging at home is generally cheaper, especially if done overnight when electricity usage is lower. However, some public charging stations may charge additional fees.

Cold weather can also impact the range of an EV. In cold temperatures, the range of an EV model can drop by up to 25%, particularly when driving at higher speeds. Short trips with frequent stops and reheating the EV's cabin can further reduce the range by as much as 50%. It's important to keep this in mind when planning longer drives in colder climates.

Replacing tires is another aspect to consider with EVs. The tires of electric vehicles tend to wear out 20% faster than those of gas-powered cars. This is due to the acceleration of EVs, which generates strong instantaneous power.

While gas-powered cars have a general lifespan of up to 300,000 miles with regular maintenance, the lifespan of EVs is less clear. Research suggests that EVs may not last as long as their gas-powered counterparts, but more data is needed to determine their exact lifespan.

Lastly, it's worth noting that you may qualify for a tax credit if you purchase a new, qualified plug-in EV or fuel cell electric vehicle (FCV). The IRS offers a credit of up to $7,500 under IRS 30D, but there are certain criteria that must be met, such as using the EV primarily in the U.S. and meeting income thresholds.

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