With the national average for a gallon of gasoline stuck above $4, some Americans may be ready to go electric.
jumped 39%
"It's a big commitment to get into an EV. These are luxury-priced products," Cox Automotive senior economist Charlie Chesbrough told ABC News. Replacing the brakes"is a maintenance cost you don't have to worry about as an EV owner," Kirchner told ABC News. Plus,"when you let off the accelerator and let the car coast, you're recharging the battery," he said.
Repairs for an EV can cost $330 less than a gas-powered car, a savings of $949 annually, according to a 2020Tesla and General Motors have sold more than 200,000 EVs in the U.S. since 2010, meaning new buyers of Teslas or GM's Bolt or Hummer EV pickup no longer qualify for tax credit savings, which phase out after an automaker reaches the 200,000 federal sales cap limit.
"It's OK to climb in the car and not like one-pedal driving ... it can be weird getting used to," Kirchner said. For customers who purchase or lease a 2022 Bolt EUV or Bolt EV, Chevrolet will cover standard home installation of a powerful Level 2 charging outlet.
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