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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

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Paris’ popular bike share program has a big sticky finger problem

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Paris' popular bike share program has a big sticky finger problem

Paris’ bike-share system, Vélib has long been considered one of the shining success stories of urban micromobility. With a massive fleet of over 20,000 pedal and electric-assist bicycles around Paris, the service has helped millions of residents and tourists get around the City of Light without needing a car or scooter. But lately, a growing problem is threatening to knock the wheels off this urban mobility marvel: theft and joyriding.

According to city officials and the service operator, more than 600 Vélib bikes are now going missing every single week. That’s over 30 bikes a day simply vanishing from the system – some stolen outright, others taken on “joy rides” and never returned.

“At the moment we’re missing 3,000 bikes,” explained Sylvain Raifaud, head of the Agemob company that currently operates the Velib system. That’s nearly 15% of over 20,000 Vélib bikes across Paris.

The sticky-fingered culprits aren’t necessarily professional thieves or organized crime rings. Instead, they’re often regular users who treat the shared bikes like disposable toys.

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The city estimates that many people have figured out how to pry the bikes out of the system’s parking docks, unlocking one for a casual cruise and then ditching it somewhere far from a docking station.

Once pried free, the bikes are technically usable for the next 24 hours until their automatic locking feature kicks in. At that point, the bikes are often simply abandoned. Some end up in alleyways. Others get tossed in rivers. A few just disappear completely.

And since the bikes are intended to be parked at their many docking stations around the city, they don’t have GPS chips, further complicating recovery of “liberated” bikes.

The issue started small but has grown into more than an inconvenience – it’s beginning to undermine the entire purpose of the service. With bikes going missing at such a high rate, many Vélib docking stations are left empty, especially during rush hours.

Riders looking for a quick commute or a convenient hop across town are increasingly finding themselves without available bikes, or having to walk long distances to find a functioning one.

That kind of unreliability chips away at user confidence and threatens to drive potential riders back into cars, cabs, or other less sustainable forms of transport at a time when Paris has already made great strides to dramatically reduce car usage in the city.

The losses are financially painful, too. Replacing stolen or vandalized bikes isn’t cheap, and the resources spent on tracking down missing equipment or reinforcing anti-theft measures are stretching thin. Vélib has faced theft and vandalism issues before, especially during its early years, but this latest surge has officials sounding the alarm with renewed urgency.

Officials acknowledge that there’s no easy fix. Paris, like many cities with bike-share systems, walks a fine line between accessibility and accountability. Part of what makes Vélib so successful is its ease of use and widespread availability. But those same features make it vulnerable to misuse – especially when enforcement is limited and the consequences for abuse are minimal.

The timing of the problem is especially unfortunate. In recent years, Paris has seen impressive results in reducing car traffic, expanding bike lanes, and promoting cycling as a key part of its sustainable transport strategy. Vélib is a cornerstone of that plan. But if the system becomes too unreliable, it risks losing the very people it was designed to serve.

Meanwhile, as Parisians increasingly find themselves staring at empty docks, the challenge for the city and Vélib will be to restore confidence in the system without making it harder to use. That means striking the right balance between freedom and responsibility, between open access and protection against abuse.

In a city where cycling is supposed to be the future of mobility, losing thousands of bikes to joyriders and sticky fingers isn’t just frustrating; it’s unsustainable.

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CNBC Daily Open: Elon Musk, founder of companies and political parties

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CNBC Daily Open: Elon Musk, founder of companies and political parties

U.S. President Donald Trump and Elon Musk attend a press event in the Oval Office of the White House in Washington, D.C., U.S., May 30, 2025.

Nathan Howard | Reuters

When they lose a significant other, most men do indeed become a “TRAIN WRECK.” Then they pick up the pieces of their lives and start living again — paying attention to their personal grooming, hitting the gym and discovering new hobbies.

What does the world’s richest man do? He starts a political party.

Last weekend, as the United States celebrated its independence from the British in 1776, Elon Musk enshrined his sovereignty from U.S. President Donald Trump by establishing the creatively named “American Party.”

Few details have been revealed, but Musk said the party will focus on “just 2 or 3 Senate seats and 8 to 10 House districts,” and will have legislative discussions “with both parties” — referring to the U.S. Democratic and Republican Parties.

It might be easier to realize Musk’s dream of colonizing Mars than to bridge the political aisle in the U.S. government today.

To be fair, some thought appeared to be behind the move. Musk decided to form the party after holding a poll on X in which 65.4% of respondents voted in favor.

Folks, here’s direct democracy — and the powerful post-separation motivation — in action.

 — CNBC’s Erin Doherty contributed to this report.

What you need to know today

And finally…

An investor sits in front of a board showing stock information at a brokerage office in Beijing, China.

Thomas Peter | Reuters

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CNBC Daily Open: Most people don’t start a political party after separation

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CNBC Daily Open: Most people don't start a political party after separation

US President Donald Trump, right, and Elon Musk, chief executive officer of Tesla Inc., during a news conference in the Oval Office of the White House in Washington, DC, US, on Friday, May 30, 2025.

Francis Chung | Bloomberg | Getty Images

When they find themselves without a significant other, most men finally start living: They pay attention to their personal grooming, hit the gym and discover new hobbies.

What does the world’s richest man do? He starts a political party.

Last weekend, as the United States celebrated its independence from the British in 1776, Elon Musk enshrined his sovereignty from U.S. President Donald Trump by establishing the creatively named “American Party.”

Few details have been revealed, but Musk said the party will focus on “just 2 or 3 Senate seats and 8 to 10 House districts,” and will have legislative discussions “with both parties” — referring to the U.S. Democratic and Republican Parties.

It might be easier to realize Musk’s dream of colonizing Mars than to bridge the political aisle in the U.S. government today.

To be fair, some thought appeared to be behind the move. Musk decided to form the party after holding a poll on X in which 65.4% of respondents voted in favor.

Folks, here’s direct democracy — and the powerful post-separation motivation — in action.

 — CNBC’s Erin Doherty contributed to this report.

What you need to know today

Trump confirms tariffs will kick in Aug. 1. That postpones the deadline by a month, but tariffs could “boomerang” back to April levels for countries without deals. Trump on Friday said letters with “take it or leave it” offers will go out to 12 countries Monday.

U.S. stock futures slipped Sunday. Despite the White House pushing back the return of “reciprocal” tariffs, some investors could be worried trade negotiations would result in higher-than-expected duties. Europe’s Stoxx 600 index dropped 0.48% Friday.

OPEC+ members to increase oil output. Eight members of the alliance agreed on Saturday to hike their collective crude production by 548,000 barrels per day, around 100,000 more than expected.

Elon Musk forms a new political party. On Saturday, the world’s richest man said he has formed a new U.S. political party named the “American Party,” which he claims will give Americans “back your freedom.”

[PRO] Wall Street is growing cautious on European equities. As investors seek shelter from tumult in U.S., the Stoxx 600 index has risen 6.6% year to date. Analysts, however, think the foundations of that growth could be shaky.

And finally…

Ayrton Senna driving the Marlboro McLaren during the Belgian Grand Prix in 1992.

Pascal Rondeau | Hulton Archive | Getty Images

The CEO mindset is shifting. It’s no longer all about winning

https://www.cnbc.com/2025/07/06/the-ceo-mindset-is-shifting-its-no-longer-all-about-winning.html

CEOs today aren’t just steering companies — they’re navigating a minefield. From geopolitical shocks and economic volatility to rapid shifts in tech and consumer behavior, the playbook for leadership is being rewritten in real time.

In an exclusive interview with CNBC earlier this week, McLaren Racing CEO Zak Brown outlined a leadership approach centered on urgency, momentum and learning from failure. 

— Spriha Srivastava

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