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GET A FREE QUOTEWith the increasing popularity of electric cars, it's important to be informed about the technology. Learn more about the history and future of electric cars with these 10 fascinating facts.
Next up in our series of articles about Electric Vehicles (EVs), let’s look at ten facts about electric cars you may not have known before. EVS used to be impractical and clunky, but now they’re sleek and safe, great for picking the kids up from soccer practice or zipping around tight corners. From the history of EVs to their standard safety features, let’s dive in.
The car’s mile gauge will reflect the regenerative battery, so going through stop-and-start traffic or hilly backroads gives your car a chance to add miles and range.
8. Currently, there are almost 50 thousand EV charging ports nationwide. Most of those charging stations are clustered in cities and on the coasts; states like Wyoming and North Dakota have only a handful each. There are way more gas stations than charging stations, and for EVs to really become ubiquitous it will have to be as easy to find a charging station as it is to find a gas station. The recently passed infrastructure bill aims to create 500,000 DC charging stations across the nation. Tesla says it will eventually open up its network of DC charging stations to non-Tesla vehicles.
9. Electric Vehicles meet the same safety standards as gas-powered cars. Many manufacturers have added in a motor sound to aid with safety concerns. Battery packs are tested rigorously to meet safety standards. EVs are designed to shut down in the event of a short circuit or collision to minimize risk.
10. In the not-so-distant future, EVs will drive 1,000 miles on a single charge. Companies like Aptera motors from San Diego or Lightyear One from the Netherlands are working on increasing EV efficiency and adding flexible, thin solar panels to the top of the car to achieve this kind of range. 500+ mile ranges will eventually be the norm.
If you’re trying to lower your car payments, save money on gas, or just manage your budget better, think about refinancing the car loan you have now. If your car is under ten years old and has fewer than 140,000 miles on it, and if you’ve made at least 3 payments, you can get a free quote that won’t pull your credit score. Rateworks can save you money on loans because we offer zero fees. A lower monthly payment, combined with an EVs lower monthly fuel and repair costs, is the perfect combo to keep more money in your pocket.
Lower your auto loan payments, and lower your rate in a matter of minutes when you refinance your auto loan with us today! It's just that simple.
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