• According to the International Energy Agency, electric car sales reached a record high in 2021, despite supply chain bottlenecks and the ongoing pandemic. Compared with 2020, sales nearly doubled to 6.6 million, bringing the total number of electric cars on the road to 16.5 million.
• The current White House administration has issued an executive order setting a target for EVs to represent half of all vehicle sales by 2030.
• An entry-level Tesla now costs less than the average new car after the automaker started slashing prices on its vehicles earlier this year, dropping the Tesla Model 3 down to $43,000 ($35,500 after tax credit).
Your new EV will help drive the change, reducing initial purchase prices and raising support of nationwide charging stations. Plus, charging up with American-made electricity will help the country reduce its dependence on oil.
But enough about the big picture. What do you get out of going electric?
Save money
At the standard electric rate, most electric vehicles can be fully recharged for about $8. For cooperative or municipals consumers who participate in Minnkota’s off-peak charging program, it costs about 65 cents to drive an electric vehicle the same distance that an average car can go on a gallon of gasoline. The stable rate does not fluctuate like the price of gasoline.
Less maintenance
Electric vehicles don’t require oil changes, because no oil is used to run the engines. They don’t require air filters, spark plugs, timing belts or many other parts that need occasional replacement in a gasoline car.
A smooth ride
You’ll enjoy the silent motor and smooth acceleration of an electric vehicle. Gas engines vibrate and get louder as they rev up, and transmissions add in noise as well. With electric, those elements aren’t involved, leaving a quiet ride. Plus, electric motors have top-notch instant torque, taking you from full stop to highway speeds in no time flat.