10 Key Facts About Electric Cars

Electric cars are accelerating in popularity.

Improving battery technology and expanding public infrastructure have laid the groundwork for an electric transition.

As more affordable and long-range EV models come to market, consumer interest and sales continue to surge.

BloombergNEF forecasts the cumulative value of all forms of EV sales will hit $8.8 trillion by 2030 and $57 trillion by 2050 in its base case scenario.

Under a more aggressive adoption scenario, the projected valuation swells upwards of $88 trillion over the same time frame.

And in 2021 alone, nearly 6 million electric vehicles hit streets worldwide in a 73 percent spike from 2020. Clearly the age of electric cars has arrived.

For eco-minded commuters and tech-savvy early adopters, the future is electric. Ready to make the switch?

Buckle up to learn 10 key things you need to know before taking an electric car for a greener spin.

From charging ease to cost savings over time, we cover what’s propelling electric vehicles into the fast lane as a sustainable transportation solution.

Electric Cars Are Low Maintenance

One perk of electric cars is lower maintenance costs. With fewer moving parts than gasoline engines, electric motors don’t need oil changes or regular tune ups. Brake pad replacements are also less frequent thanks to regenerative braking systems.

Charging Made Easy For Electric Cars

Juicing up your electric car is simple with a residential charger, usually installed in your garage. Level 1 and 2 chargers safely deliver power from a 240-volt outlet. For a faster fill-up, some public DC fast charging stations can charge in under 30 minutes.

Powered by the Grid

Electric cars run cleaner than gas vehicles since most electricity in the US still comes from low emission sources like nuclear and renewables. So you can feel good about your lower carbon commute.

Saving Money Over Time

While electric cars have higher sticker prices, you’ll save on long-term fuel and maintenance costs. State and federal tax incentives also help offset the initial purchase price.

High Tech Vehicles

Today’s electric cars boast an array of advanced tech features from touchscreen controls to driver assistance capabilities, plus built-in WiFi and over-the-air software updates.

Instant Torque Acceleration

Electric motors provide full torque instantly. This rocket launch-style acceleration gives EVs a powerful punch right off the starting line.

Range Anxiety Alleviated

Early EVs had range limits under 100 miles but the newest models can cover 300 miles or more on a single charge. And ranges continue to improve as battery chemistry evolves.

Charging Station Networks Expanding

Public charging stations are surging in cities and along highway routes. Networks like Electrify America are expanding nationwide, aiming to relieve range anxiety.

More Affordable Options Coming

A new generation of affordable electric cars is on the horizon, including models under $30k. As production scales up, EV prices should come down over time.