You might’ve seen an abundance of different terms flying around that seem to describe the same thing, such as “
electric vehicle” or EV.
But an EV can be any sort of electrified vehicle, be it full battery electric vehicle (BEV),
plug-in hybrid electric vehicle(PHEV) or traditional hybrid electric vehicle (HEV) powertrains. But when you’re talking about pure electric vehicles, the correct term to use is BEV.
What is a BEV?
BEV stands for battery electric vehicle, and they—not their hybrid or plug-in hybrid cohorts—seem to be on track to dominate the new vehicle market.
BEVs are pure electric vehicles, meaning they require drivers to plug in and charge them before they’re capable of being driven. No juice, no go.
Unlike hybrids, BEVs don’t rely on a back-up fuel source when their electric range is used up, but compromise by having much larger batteries and more all-electric range than hybrids.
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Automakers bet big on BEVs
Automakers are betting on BEVs being the next big thing for the automotive market. As
Consumer Reportswrites, automakers have doubled-down on their plans to electrify their fleets in the next decade. Several manufacturers have announced intentions to fully electrify their lineups in the next five years.
To be clear, “electrification” is a blanket term for converting internal-combustion-powered vehicle lineups into BEVs, HEVs or PHEVs. When an automaker claims they are “electrifying” its entire fleet by some future date, it doesn’t necessarily mean pure-electric BEVs all around.
Several automotive companies have banked on hybrids as a transitional step to a full pure-electric lineup.
Toyota’s case, it could be seen as a move to get customers accustomed to electric vehicle architecture by giving them the peace of mind of a gas backup—or it may be a way for the company to bide time as it brings
battery productionfor pure-electric vehicles in-house when component prices are skyrocketing.
Which automakers are bringing the BEVs?
Will BEVs replace gas engine cars?
What remains to be seen, however, is how manufacturers will fare in the midst of a still-ongoing pandemic and the supply chain issues it causes—as well as the fierce battle for precious resources needed to build the massive batteries that power these things.
Will my insurance go up if I buy a BEV?
EVs are notoriously expensive to insure (for now) compared with gas-powered cars, as electric powertrains typically offer more instantaneous torque off the line. They’re also pretty advanced, with fewer mechanics qualified to fix them.
If you’re worried about the cost of insuring a new BEV, let
Jerryhelp you save. Jerry customers save an average of over $800 a year to insure their vehicle—and Jerry will do the legwork of collecting and comparing quotes from 55+ top insurers.