Driving Electric More Attainable Than You Think
The next time you’re at a stoplight or stuck in traffic, take a look around — you’re more likely to be next to an electric car, which is slowly and steadily growing in popularity among Hawaii drivers.
If you’re not familiar with how to spot an electric vehicle, it may not be obvious. EVs are whisper-quiet so you won’t necessarily hear them unless they’re backing up. They now come in a variety of makes and models — from SUVs to sedans — with similar styling to gas-powered vehicles. Besides having an EV-designated Hawaii license plate, most EVs look like any other car on the road.
Obviously, the main difference is its “fuel,” which is electricity instead of the gasoline made from oil that our state imports from overseas. Even with Hawaii’s expensive electricity rates, the estimated cost of charging an EV is still significantly less than refueling at the pump, which averaged $3.89 per gallon in June 2018. While fuel represents 31 percent of an average gas car’s total cost of ownership, it’s only 9 percent for an electric car.
The beauty of an EV being similar to the standard car is that it’s not a huge leap to ownership. This electric “fuel” does require a change in
A major misperception is that EVs are only for wealthy people. While there are certainly high-end versions on the market, the average electric vehicle costs $38,775, compared to $34,110 for an average full-size gasoline vehicle (source: January 2018 Kelley Blue Book Average Transaction Price). The $7,500 federal EV tax credit can bring the price tag down to $31,275, making the average electric car cheaper than the average full-size gas car. As technology improves, battery range increases and more automakers ramp up production, the cost of EVs will continue to get better.