A simple drive to the mall can show you that electric cars are becoming increasingly popular. Charging stations are popping up all over town because electric cars are becoming more popular. While the electric car was released in 2008, it didn’t become a hit immediately. Hybrid cars have been around for a while, but fully electric cars scared people. Electric cars were known for being slow, sluggish, and embarrassing to drive. The ones available back then were designed for people who were worried about the environment. Unfortunately, it wasn’t a very popular ideal at the time.
However, electric cars are now having a massive global effect. There are now more than 2 million electric cars on the road, which was a huge increase from years past. In fact, researchers believe that with the newly designed electric cars they are going to account for 35 percent of all sales by 2040. Electric cars have gotten a massive makeover since big names like Tesla have started to design them. They are no longer for the hippies of the world but for everyone.
One benefit of owning an electric car is the tax credit you can receive. The United States has taken note of how beneficial electric cars are, so they are willing to give a person money back if they buy one. Electric cars can cost a bit more upfront, somewhere between $30,000 to $40,000, but the United States Department of Energy released a tax credit that could give you $7,500 back. Thankfully, it gets even better. The federal government isn’t the only group that is taking note of this growing trend. Some individual states are also offering a tax credit that can be used on top of the federal tax credit. New York recently released an electric car initiative that can give a person a $2,000 rebate for buying electric.
It seems that electric cars are only going to grow more popular because of Millenials. Time has shown that Millenials are much more concerned about the environment than the generations of the past, and many of them are considering electric. As the car gets more popular, the easier and more accessible it becomes to own electric. The popularity growth leads to more charging stations, which means a person can go on longer trips without stopping back to charge at their main station. Research has shown that more than half of the people who are buying electric cars are Millenials.
The good news is that electric cars have been around for almost ten years now. While they might be expensive upfront, more people can afford them when they buy used. You still can qualify for some of the tax credits when buying used as well. Plus, research has shown that users with electric cars are much happier with them than their gas powered cars of the past. This could have something to do with the maintenance costs being much cheaper. There aren’t any oil changes that need to happen with electric cars, it’s much cheaper to charge a car rather than fill it with gas, and other small things like a longer brake life can make the electric car more affordable in the long run.
It’s safe to say that electric cars are only going to increase in numbers on the road. With the newly advertised affordable Tesla model, people now more than ever want an electric vehicle. Caring about the environment has also grown in popularity, which means that electric cars are getting more publicity than ever. While they may not be the norm in the next few years, you might just find yourself considering an electric vehicle as more models are released.
How do you feel about switching to an electric car? Let us know in the comments below!