In recent months, more and more Canadians have been exploring the possibility of getting an electric vehicle. And on paper, there’s a lot to like about the idea of not paying for gas ever again.
But are electric vehicles practical for Canadians? Should you be looking into the idea more closely?
Here are some key facts that current and future electric vehicle owners should know.
1. There are Different Types of Electric Vehicles
There are two types of electric vehicle:
- All-electric vehicles; and
- Plug-in hybrid electric vehicles
Within the all-electric category, there are battery electric vehicles that you plug into the electric grid and charge every night. And then there are fuel cell electric vehicles that rely on hydrogen and don’t have to be plugged in.
Meanwhile, plug-in hybrid electric vehicles operate pretty much exactly as the name says on the tin. With this type of car, you can plug in your car and fill up your gas tank. If you worry that your battery might run out and leave you stranded, plug-in hybrids may be a practical solution.
2. You May Have to Factor in Other Costs
Although you may not be spending as much at the pump, driving an electric vehicle still comes with its own expenses. For starters, access to charging stations isn’t always realistic. If you ever decide to go on a road trip or drive for a more extended period of time, you’ll have to plan your routes based on the presence of nearby charging stations.
This along with the reputation that electric vehicles have for being slightly more expensive than similarly sized gas-powered cars goes to show that maintenance and purchasing costs can be quite pricey with electric cars.
3. You’ll have to Be Careful During Wintertime
According to USA News, the Telsa Model S, which holds the distinction of being the farthest-driving electric vehicle, can drive for over 400 miles. While you might not be able to get that kind of mileage with a different model, the coldness of the harsh winters that Canada is known for can lower your mileage in two different ways:
- The cold weather can hamper your battery’s performance
- Turning up the heat in your car can further drain your battery in an electric vehicle.
Here’s the One Thing Every Car Owner Should Do (Whether You Buy an Electric Vehicle or Not)
Whether you decide to buy an all-electric vehicle, a hybrid, or a regular car, it’s important to make sure that your auto insurance is up to date as well. Contact our team of licensed brokers or get a FREE quote for auto insurance. Don’t forget to ask if you qualify for an electric vehicle discount on your insurance!