The Future of Electric Vehicles

The original cars from over a century ago were electric. Then came the gas-powered internal combustion engine and now we’ve gone full circle back to electric vehicles (EVs). Although it may seem like EVs are part of a slow developing trend, they are populating the streets much faster than people realize.

Tesla Leads the Race 

This century Tesla has been the top EV maker in America. The premium prices for the Model X and Model S are aimed at high-end early adopters. But most Americans cannot afford to buy either model or the lower-priced Model 3, which goes for $35,000. In 2019 Tesla announced it would be lowering prices for its top two models, partly due to expiring federal tax credits and a more efficient battery.

Affordable EV Solutions 

Several competitors have emerged to offer EVs that beat the price of Model 3. Lower priced EV models in 2019 include:

  • Volkswagon e-Golf
  • Nissan Leaf
  • Hyundai IONIQ Electric
  • Ford Focus Electric
  • smart fortwo ED

Upcoming Models

Consumer Reports, which has given the Tesla Model S the highest ratings in history, ran a story about a new wave of EV choices on January 9, 2019 called “New Long-Range, Affordable Electric Cars Coming Soon.”

The piece explained how the main choices for consumers have been high-priced long-range EVs versus lower-priced EVs that can’t travel as far on a single charge. The Chevrolet Bolt, however, which is priced slightly higher than the Model 3, has a range of nearly 250 miles. Here are relatively low-priced EVs of the future that can travel at least 200 miles on a single charge:

  • 2019 Hyundai Kona EV
  • 2019 Kia Niro EV
  • 2019 Nissan Leaf Plus
  • 2020 Kia Soul EV

EV Rentals 

Another affordable option for EVs in the future will be rental programs, similar to Sacramento’s EV sharing program introduced in 2019. For under $100 you can rent an EV for a day, which covers fuel, parking and insurance.

Where the Road Goes From Here 

The share of EVs sold in the United States is expected to grow from 1 to 6 percent by 2025, according to Consumer Reports. Kia has stated that the automaker will aim at a mass market for its Niro EV and Soul EV models.

EVs have a very bright future around the world as people become increasingly aware of environmental protection and alternative energy. The rise of charging stations around the world and the fact that major automakers plan on releasing multiple EV models in the next few years are the best evidence that electric cars are here to stay.

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