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-A substantial tax credit for battery-electric, hydrogen fuel cell and plug-in hybrid electric vehicles, ranging from $2,500-$7,500, may be available depending on the battery capacity. If you lease, the credit goes to the manufacturer. However, dealerships often factor it into the lease, lowering the down payment or monthly payments.
-Provides rebate savings directly to purchasers and lessees of eligible electric vehicles. Applicants with low-to-moderate household incomes are eligible for increased rebate amounts.
-Paying $0.10 per kW is the equivalent of driving on gasoline that costs less than $1 per gallon. On average, drivers save about $700 in fuel costs per year while driving electric cars.
-Electric motors have far fewer moving parts and never require oil changes, new spark plugs or fuel filters. Regenerative braking also extends the lifespan of brake pads by using the electric motor to decelerate the vehicle. This typically translates to lower overall maintenance costs and increased savings. Our electric car overview goes into depth on the various benefits for the different electric car types.
-In full electric mode, an electric car produces zero tailpipe emissions, dramatically lowering smog and greenhouse gas emissions even when considering electricity generation.
-Most drivers charge their electric cars overnight at home and wake up to a full charge. With the growing availability of workplace and public charging stations, you will never be far from a charge. Check for public charging using apps or online maps.
-Simply stated, electric cars are fun to drive–with quick acceleration and enviable performance. Unlike gas-powered cars, electric motors produce peak torque from a standstill, without the buildup gasoline engines require to reach maximum power.
-Electric cars also have great handling. With the battery pack positioned in the center of most electric cars, it lowers the vehicle’s center of gravity, providing superior weight distribution and stability, and improved cornering that minimizes rollover risk. With more than 45 electric models available in many sizes and body styles, from two-door coupes to a seven-passenger minivan, there’s an electric car for everyone.