Connect with us

Published

on

It’s finally time. You’ve decided to make the switch and join the zero-emission club. Buying your first electric car comes with a whole new experience. Once you feel the instant torque, upgraded technology, and smoother drive, you will never go back. Now the question becomes how do you choose which electric car to buy? Here are a few factors to consider.

How to choose your first electric car

Like with any major purchase, it’s good to know your options and what to look for. You wouldn’t blindly buy a house without knowing how the inside looks or feels. The same holds true when purchasing an electric car.

Americans are buying electric vehicles (EVs) at a record pace as new electric models appear in showrooms. According to Cox Automotive, electric cars accounted for 5.6% of the total auto market this past quarter, more than doubling from 2.7% in 2021.

Tesla remains the dominant brand, yet most major automakers at this point have introduced their own electric models and are beginning to scale production.

With more options than ever, where do you start? It’s not as complicated as it may seem for first-time buyers. However, there are a few things you should consider before choosing the right EV for you. Here are a few tips and considerations for selecting your first electric car.

first-electric-car
Hyundai IONIQ 5 Source: Hyundai

Price and incentives

Yes, there are incentives to buy electric cars. The Inflation Reduction Act, passed in August, extends the up to $7,500 tax credit for new electric car purchases and provides a $4,000 credit for used ones.

For an EV to be eligible, though, it must meet strict battery sourcing and assembly requirements. You can find a list of electric cars eligible for the tax credit here.

Several popular EV models make the list, including:

  • Chevy Bolt EV and Bolt EUV
  • Ford F-150 Lightning
  • Ford Mustang Mach-E
  • Nissan Leaf
  • Tesla Model 3
  • Tesla Model Y

The average price for an electric vehicle in September 2022 is just over $65,000. However, that doesn’t mean that all EVs cost that much. For example, here are a few of the most affordable electric cars on the market and their starting prices:

Starting price
2023 Chevy Bolt EV $25,600
2023 Chevy Bolt EUV $27,200
2023 Nissan Leaf $28,040
2023 Hyundai Kona Electric $33,550
2023 Volkswagen ID.4 $37,495
Most affordable electric cars list
first-electric-car
2022 Chevrolet Bolt EUV Source: Chevrolet

Driving range

Another huge consideration when buying your first electric car is how far it will travel on a full charge. The range is one of the most critical factors for drivers. Do you mostly commute to work? How often do you travel long distances? Do you live in a house or an apartment?

These are a few questions you may want to ask before deciding which EV is right for you. Here are the electric cars with the highest range and their starting prices to make it easy for you.

Range (est.) Starting Price
Lucid Air Dream Edition 520 $169,000
Tesla Model S 375 $109,490
Tesla Model 3 Long Range 358 $62,990
Mercedes Benz EQS 350 $102,310
Tesla Model X 333 $120,990
Tesla Model Y 330 $67,990
EVs with the longest range in 2022
first-electric-car-1
Tesla Model S Source: Tesla

Vehicle type

Why not choose a car you love driving? Electric cars offer a driving experience that’s superior to their gas-powered counterparts. With instant torque, you can feel the power behind the wheel. Furthermore, because they have no internal combustion engine and fewer moving parts, EVs are quieter and offer a smoother ride.

At the same time, you don’t have to give up your favorite type of vehicle by switching to electric cars. Automakers have introduced an EV in every category to fit all driver styles. Below are a few examples in each category.

Electric car model
Sedan Tesla Model 3
Crossover/
compact
Kia EV6
Tesla Model Y
Hyundai Kona EV
Chevy Bolt EV
Chevy Bolt EUV
Ford Mustang Mach-E
Polestar 2
Volvo C40
SUV Hyundai IONIQ 5
Volkswagen ID.4
Rivian R1S
Jaguar I-Pace
Chevrolet Blazer EV
Audi e-tron
Kia Niro EV
Mercedes EQS
Truck Ford F-150 Lightning
GMC Hummer EV
Rivian R1T
Luxury Tesla Model X
Lucid Air
Types of electric cars
Kia Niro EV Source: KIA

Charging considerations

Last and certainly not least is charging availability. If you own a home, it’s ideal to have a charging option at home. This way, every morning you wake up, you will have a fully charged electric car ready to take on the day. It’s common for about 80% of charging to be done at home.

To state the obvious, it’s best to place the charger where you typically park. However, not all EV models will have the charging point in the same location (some are near the back, while others can be in the grille).

The next thing you will want to factor in is the charging speed. Most new EVs will come with a level 1 charger, the slowest equipment using the standard 120-volt connection. Level 1 can take ten or more hours to charge your EV.

You can upgrade to a level 2 charger, but it will require a 240-volt power source. Meanwhile, Level 2 charging units can fully charge an electric car in around 3 to 8 hours.

For those who don’t own a home, it’s okay. There are charging options for you, too. You can always talk to your apartment manager to see if EV charging installation is viable (it makes a good investment)

If that’s not an option, plenty of public options are available. Automakers like Tesla are building their own Supercharging network, allowing drivers the freedom to go anywhere. Meanwhile, federal funding is contributing to the rollout of a national EV charging network.

Other companies, such as ChargePoint and EVgo, provide chargers to private businesses and for public use, expanding access further.

Most electric vehicles use the latest in connected technology, letting you know when and where to charge so you know exactly how far you can travel.

Which electric car will you choose first?

Your ideal first electric car will depend on several factors, including your budget, travel habits, and lifestyle. To get you started, here are a few of my top electric vehicle choices for first-time buyers:

Top electric cars for first-time buyers

FTC: We use income earning auto affiliate links. More.


Subscribe to Electrek on YouTube for exclusive videos and subscribe to the podcast.

Continue Reading

Environment

Ørsted’s largest solar farm in the world is now online in Texas

Published

on

By

Ørsted's largest solar farm in the world is now online in Texas

The Mockingbird Solar Center, Ørsted’s largest solar project globally, is now online, next to protected prairie donated by the renewable energy giant.

This massive 468-megawatt (MW) solar farm is set to power 80,000 homes and businesses, providing a major boost to the Texas grid.

But the launch of Mockingbird Solar isn’t just about clean energy – it’s also about restoring precious ecosystems. Ørsted has donated 953 acres of the Smiley-Woodfin Native Prairie Grassland, which sits next to the solar center, to The Nature Conservancy. The donated land is now the Smiley Meadow Preserve, a protected area for tallgrass prairie that’s home to more than 400 species of grasses and wildflowers.

Tallgrass prairies are some of the rarest ecosystems in the US, with less than 1% of Texas’ original tallgrass prairies still in existence. Tallgrass prairie does a lot of heavy lifting for the environment, including storing carbon, preventing floods, and providing crucial habitats for pollinators.

“Native prairies are the rarest landscapes left in Texas – so much so that many people have never seen one,” said David Bezanson, land protection strategy program director for The Nature Conservancy in Texas. He added that preserving Smiley Meadow will not only conserve one of the best prairie remnants left but also help restore other prairie habitats and boost regional biodiversity.

The Mockingbird Solar Center, a half-billion-dollar project, is part of Ørsted’s $20 billion push to expand renewable energy production across the US. Beyond generating electricity, it will inject $75 million into local property taxes, benefiting schools and other public services. The project also created over 550 construction jobs and will continue to be supported by operations staff moving forward.

Ørsted worked with US companies, including First Solar, for solar panels and partnered with local businesses like Drake Construction and Pfifer Farms for construction materials. It also gave more than $50,000 to local volunteer fire departments in Roxton and Brookston.

With Mockingbird Solar now up and running, Ørsted has more than 6 gigawatts of onshore wind, solar, and battery storage projects either in operation or being built across the US.

Read more: Ørsted got a huge Tesla battery storage system for the world’s single-largest offshore wind farm


If you live in an area that has frequent natural disaster events, and are interested in making your home more resilient to power outages, consider going solar and adding a battery storage system. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. They have hundreds of pre-vetted solar installers competing for your business, ensuring you get high quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use and you won’t get sales calls until you select an installer and share your phone number with them.

Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisers to help you every step of the way. Get started here. –trusted affiliate link*

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

Cramer names oil and natural gas stocks set to do well under Trump

Published

on

By

Cramer names oil and natural gas stocks set to do well under Trump

CNBC’s Jim Cramer on Friday said companies related to natural gas and oil will thrive under President-elect Donald Trump’s administration and a majority Republican Congress.

“We’re hearing about all sorts of Trump trades right now, and many of these things have made insane moves in less than three weeks, to the point where, actually, they’re feeling precarious to me,” he said. “If you want a sustainable Trump trade, I say bet on the natural gas ecosystem. This is an industry that already had a lot going for it, it just needed some cooperation from the federal government, which it is about to get.”

President Joe Biden’s administration is largely opposed to fossil fuels, Cramer said, and the federal government has worked to block pipelines and paused new liquified gas export authorizations. This dynamic, coupled with a weaker global economy, caused the sector to underperform for much of the year, he suggested. But Trump has shown more favor to the industry, and Cramer pointed out that he tapped prominent oil executive Chris Wright to lead the Department of Energy.

Cramer recommended several stocks in the sector, including energy producers EQT and Coterra. The former is focused on natural gas and recently acquired peer Equitrans, raising the combined company’s valuation to an estimated $35 billion, Cramer noted. He added that Coterra is a good long-term holding and called the company “one of the shrewdest operators in the industry.”

He highlighted pipeline companies, including Energy Transfer and Kinder Morgan, and said he was especially bullish on Enbridge. Enbridge says it transports about 20% of all natural gas consumed in the U.S., and Cramer claimed the Canadian outfit has “strategically located assets.” He also named Cheniere and Sempra, saying the former is the “best playfor liquified natural gas exports.

“Seasonally, this is a good time for the commodity,” he said, pointing out that natural gas itself has climbed since the election. “But I also think there’s some optimism about the future of the industry driving this move.”

Jim Cramer’s Guide to Investing

Continue Reading

Environment

Jeep launches Wagoneer S EV lease prices starting at just $599 per month

Published

on

By

Jeep launches Wagoneer S EV lease prices starting at just 9 per month

Jeep’s first global luxury electric SUV will arrive at US dealerships any day. Despite its $72,000 price tag, lease prices for the 2024 Jeep Wagoneer S EV start at just $599 per month.

2024 Jeep Wagoneer S EV lease prices

After unveiling its first global electric SUV, Jeep’s CEO said the Wagoneer S “marks a new chapter” in its storied history.

Jeep claims the Wagoneer S packs “exhilarating performance.” With 600 hp and 617 lb-ft of torque, the big-body SUV can sprint from 0 to 60 mph in just 3.4 seconds. Its 100 kWh battery pack also gives it a driving range of over 300 miles.

The electric SUV is unmistakably still a Jeep, but it did get several upgrades to distinguish it as an EV. The grille is now enclosed without the need to cool a massive engine, giving it a sporty, more modern look.

Jeep revamped its design with a new illuminated seven-slot grille with ambient cast lightning. It also fine-tuned its profile, adding flush door handles, a rear wing, and integrated fins for better airflow.

Jeep-Wagoneer-S-EV-lease-prices
Jeep Wagoneer S Launch Edition (Source: Jeep)

The first Jeep Wagoneer S Launch Edition models get exclusive dark accent design elements like 20″ Gloss Black Wheels.

Inside, the electric SUV is loaded with the latest tech and connectivity, including a best-in-class 45″ of usable screen space. The setup includes a 12.3″ center screen and an exclusive 10.25″ interactive front passenger screen.

Jeep-Wagoneer-S-EV-lease-prices
Jeep Wagoneer S Launch Edition Radar Red interior (Source: Jeep)

Jeep already announced that the 2024 Wagoneer S EV will start at $71,995, but now the company has revealed lease prices for the first time.

According to Jeep, the 2024 Jeep Wagoneer S Launch Edition can be leased for $599 per month for 36 months (10,000 miles per year). The deal includes $4,999 due at signing and a $7,500 EV incentive. However, you may want to act fast, as Jeep’s offer is only good until December 2, 2024.

Jeep Wagoneer S vs Tesla Model Y Starting Price Range Lease Price
Jeep Wagoneer S Launch Edition $71,995 +300 miles $599/mo
Tesla Model Y RWD $44,990 320 miles $299/mo
Tesla Model Y AWD $47,990 308 miles $399/mo
Tesla Model Y AWD Performance $51,490 279 miles $599/mo

In comparison, Tesla Model Y RWD lease prices start at $299 for 36 months with $2,999 down (10,000 miles). The Performance AWD model starts at $599 per month. In an end-of-year promo, Tesla also offers 3 months of free Supercharging and Full Self-Driving.

Ready to drive off in your new electric SUV? We can help you get started. You can use our links below to view offers on the Jeep Wagoneer S and Tesla Model Y at a dealer near you.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Trending