From the sticker price to fuel costs to tax breaks, here's a breakdown of whether it makes sense financially to drive an electric vehicle.
div > div.group > p:first-child"> And most car companies, if they are not selling an electric vehicle, are working on bringing one to market.
Much of that jump can be attributed to Tesla's cars, which represented 79% of pure electric vehicle sales in 2018, according to Edmunds. The Model 3 was in the lead, with 59% of electric vehicle sales. For consumers considering an electric vehicle now, they need to weigh the advantages — and growing pains — that come with acquiring these emerging products.But those credits have started to phase out for some brands. Once automakers have sold more than 200 units, their tax credits are reduced.
Prospective electric vehicle owners may assume that once they cut their ties to gasoline, they are free from the costs and guilt associated with it. But that is not entirely the case, according to experts. Companies such as Electrify America and ChargePoint are also establishing charging stations that work with other car brands. But using these services will cost you, experts warn.
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