Edmunds answers the top 5 questions for new EV buyers

Dec 13, 2022, 1:35 PM | Updated: Dec 14, 2022, 3:41 am
This photo provided by Hyundai shows a woman charging a 2022 Hyundai Ioniq 5 at a charging station....

This photo provided by Hyundai shows a woman charging a 2022 Hyundai Ioniq 5 at a charging station. The time to charge at a station can vary depending on the size of the vehicle's battery and the number of volts the station and the car can handle. (David Dewhurst/Courtesy of Hyundai Motor America via AP)

(David Dewhurst/Courtesy of Hyundai Motor America via AP)

Electric vehicles, or EVs for short, have been the hot car commodity for 2022. Their sales were up nearly 82% from 2021 and now make up 5% of the total market, according to Edmunds data. But many prospective buyers have questions and reservations about this new technology. With this in mind, here are answers to the top questions that EV shoppers at Edmunds want to know before deciding on a purchase.

HOW MANY MILES CAN YOU DRIVE ON A FULL CHARGE?

Your range will be determined by the EV model, the size of its battery, the ambient temperature, your driving style and your wallet. There’s the Mazda MX-30 and its 100-mile range on the low end and the six-figure Lucid Air Grand Touring with up to 516 miles on the other. A ballpark average for today’s EVs would be around 250 miles. Older EVs will have less range, roughly 100-200 miles, due to being first-generation technology and battery degradation.

Your driving habits will greatly affect how far you can go, just as they would on a gas-powered vehicle. Accelerate slowly and smoothly and you’ll go farther. Driving aggressively and maintaining high speeds will eat into your range. Edmunds conducts its own real-world EV range testing, which can be helpful in getting a more realistic estimate.

HOW MANY YEARS WILL THE BATTERY LAST?

Battery life is determined by how often the battery was exposed to extreme temperatures, how often it operated at high and low states of charge, how many charge cycles it received, and how many times it visited a DC fast charger.

Like your smartphone’s battery, an EV battery’s performance will degrade over the years, albeit much slower. After 10 years, your EV’s battery would have a charge of roughly 77%, according to vehicle data company Geotab.

To alleviate some of this concern, the federal government has mandated that all EV batteries be covered for at least eight years or 100,000 miles, whichever comes first. In California and the 14 other states that have adopted its zero-emissions vehicle regulations, the coverage is extended to 10 years.

DOES IT QUALIFY FOR A TAX CREDIT?

Qualifying for an EV tax credit has changed since the Inflation Reduction Act was passed. As of this writing, to qualify for a tax credit, a new EV must be assembled in North America. This gets you a $7,500 nonrefundable tax credit on your 2022 return. Next year, this part of the equation will net you $3,750.

Starting in 2023, there will be price limits on top of the final assembly requirements. Eligible SUVs, vans and pickup trucks will have a price cap of $80,000. Sedans and other vehicles will be capped at $55,000. Yet another requirement looks at the modified adjusted gross income of the buyer. Finally, there is the EV battery component requirement, which states that 50% of the EV components must be sourced, manufactured or assembled in the U.S. or in any country that it has a free trade agreement with. That percentage will go up in subsequent years.

HOW LONG DOES IT TAKE TO CHARGE?

The time it takes to charge an EV depends on its battery size, the speed of its onboard charger (usually rated in kilowatts), and the voltage of where you plug it in. For daily driving and commuting, most people will be able to charge overnight at a 240-volt socket, also called Level 2 charging. It would take significantly longer to charge an EV on a standard 110-volt wall socket. A Level 3 or DC fast charger would be needed for road trips. These high-power stations significantly reduce charging time, and in general, a vehicle can go from a 10% to 80% charge in about 30 minutes.

WHERE AND WHEN ARE THEY AVAILABLE?

Many EVs are available at your local dealership. However, there’s been a shortage of new cars in recent years, and EVs have been hit the hardest due to their complexity. You might need to get on a waiting list or be prepared to pay a premium, as some zealous dealerships have saddled them with accessories or a flat markup.

Startup brands such as Tesla, Lucid and Rivian exist outside the dealer system and sell directly to consumers on their websites. They rarely carry inventory, and cars are often built after an order is placed. Depending on the vehicle model and configuration, it can take anywhere from a few weeks to upwards of a year.

EDMUNDS SAYS: Electric vehicles do have a learning curve and require a bit more forethought about your destinations, but that shouldn’t put you off purchasing one. The more you research and learn, the less intimidating an EV will be.

_______

This story was provided to The Associated Press by the automotive website Edmunds.

Ronald Montoya is a senior consumer advice editor at Edmunds.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

AP

In this photo provided by the U.S. Coast Guard Pacific Northwest, a Coast Guard rescue swimmer reac...
Associated Press

Man rescued by Coast Guard wanted in ‘Goonies’ fish incident

A man who was saved by a Coast Guard rescue swimmer at the mouth of the Columbia River as a massive wave rolled the yacht he was piloting Friday was wanted for a bizarre incident in which police said he left a dead fish at the Astoria, Oregon, home featured in the classic 1985 film, "The Goonies."
17 hours ago
FILE - An Amazon company logo on the company's building in Schoenefeld near Berlin, Germany, March ...
Associated Press

Amazon violated labor law with delivery app

A Spanish court has ruled that Amazon broke labor laws by forcing more than 2,000 delivery drivers to use an app that the company controlled for scheduling work and payments and requiring them to use their own cars and cellphones on the job.
17 hours ago
Associated Press

Saturday’s Scores

GIRLS PREP BASKETBALL= Bellarmine Prep 54, Olympia 43 Chiawana 76, Hermiston, Ore. 41 Hazen 40, Liberty 36 Kamiakin 77, Pasco 17 Orcas Island 67, Concrete 13 South Kitsap 39, Bethel 37 ___ Some high school basketball scores provided by Scorestream.com, https://scorestream.com/ Copyright © The Associated Press. All rights reserved. This material may not be published, […]
17 hours ago
Associated Press

Saturday’s Scores

BOYS PREP BASKETBALL= Adna 66, Raymond 47 Goldendale 56, Kittitas 33 Issaquah 65, Newport-Bellevue 46 Klahowya 79, North Mason 50 Lummi 65, Lopez 25 Mount Vernon Christian 81, Shoreline Christian 33 Neah Bay 91, Taholah 36 Orcas Island 82, Fellowship Christian 36 Puyallup 63, Emerald Ridge 52 Woodinville 73, North Creek 49 ___ Some high […]
17 hours ago
Associated Press

Crash averted at Austin airport; FAA, NTSB to investigate

AUSTIN, Texas (AP) — A FedEx cargo airplane attempting to land at Austin-Bergstrom International Airport on Saturday had to reverse course after a second plane was cleared to depart from the same runway, according to the Federal Aviation Administration. “The pilot of the FedEx airplane discontinued the landing and initiated a climb out,” the FAA […]
17 hours ago
Skateboarders skate in front of city hall in remembrance of Tyre Nichols, who died after being beat...
Associated Press

Tony Hawk to donate photo proceeds to Tyre Nichols fund

NASHVILLE, Tenn. (AP) — Skateboard legend Tony Hawk says he will donate half of the proceeds of autographed photos of himself and BMX rider Rick Throne to the memorial fund for Tyre Nichols. “My proceeds from these will go to the Tyre Nichols Memorial Fund, which includes plans to build a public skatepark in his […]
17 hours ago

Sponsored Articles

safety from crime...

As crime increases, our safety measures must too

It's easy to be accused of fearmongering regarding crime, but Seattle residents might have good reason to be concerned for their safety.
Comcast Ready for Business Fund...
Ilona Lohrey | President and CEO, GSBA

GSBA is closing the disparity gap with Ready for Business Fund

GSBA, Comcast, and other partners are working to address disparities in access to financial resources with the Ready for Business fund.
SHIBA WA...

Medicare open enrollment is here and SHIBA can help!

The SHIBA program – part of the Office of the Insurance Commissioner – is ready to help with your Medicare open enrollment decisions.
Lake Washington Windows...

Choosing Best Windows for Your Home

Lake Washington Windows and Doors is a local window dealer offering the exclusive Leak Armor installation.
Anacortes Christmas Tree...

Come one, come all! Food, Drink, and Coastal Christmas – Anacortes has it all!

Come celebrate Anacortes’ 11th annual Bier on the Pier! Bier on the Pier takes place on October 7th and 8th and features local ciders, food trucks and live music - not to mention the beautiful views of the Guemes Channel and backdrop of downtown Anacortes.
Swedish Cyberknife Treatment...

The revolutionary treatment of Swedish CyberKnife provides better quality of life for majority of patients

There are a wide variety of treatments options available for men with prostate cancer. One of the most technologically advanced treatment options in the Pacific Northwest is Stereotactic Body Radiation Therapy using the CyberKnife platform at Swedish Medical Center.
Edmunds answers the top 5 questions for new EV buyers