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What three concerns do consumers have with electric cars?
I've totaled my car, and I need to make a quick decision about which car to get next. I'm interested in electric vehicles but don't know much about them. Break it down for me—what are the three main concerns consumers have with electric cars?
Chanice Boyd · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Sorry to hear about your accident; getting a new vehicle is exciting. Most consumers have three main concerns with electric cars: finding charging stations, charging times, and higher initial costs.
High initial costs: Most people find an issue with the high prices of electric cars. This high cost is due to the expensive batteries that EVs use for power. However, you can find
federal and state incentives
and credits to offset these costs.Charging stations: The demand for electric cars exceeds the industry’s ability to build supporting infrastructure. So people that don’t live in major cities may have less access to charging stations. Instead, they depend primarily on charging at home.
Charging times: Charging stations are not as frequent as gas stations. So most electric car owners have developed what is now known as ‘range anxiety. Access to fast charging makes most electric car owners feel secure, but planning your routes and charging overnight will help to keep your EV juiced up.
If you decide to go with an electric car
Jerry
, a licensed broker, can help you find additional savings on your car insurance policy. Download the Jerry app and find out if you’re overpaying. The average Jerry user saves $887 a year on car insurance.MORE: How different cars affect your insurance
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