Electric Vehicles (EV) Cost Less To Operate
- Gasoline and diesel prices are vulnerable to price fluctuations, whereas EV drivers pay more stable costs for charging their EV. The average cost per Kwh was 27.7 cents in LA as of June 2024.
- EV owners can also obtain significant savings while charging at home, especially when charged at night or over the weekend with the right rate plan.
- EVs have lower operating costs, especially battery electric vehicles, which do not require oil changes or exhaust system maintenance. Over the lifetime of the car, you can save hundreds of dollars.
- There are many local, state and federal incentives to help you make the switch to an EV, including LADWP’s rebate programs.
You’ll No Longer Have to Pump Gas
- All-electric vehicles don’t require gasoline and can be charged from home with a standard 120V outlet, or a level 2 charger can be installed for a faster charge.
- You can save hundreds of dollars per year on fuel costs when switching to EV. Over the lifetime of the car, savings can really add up and you can still choose where you charge. If you’re on the go, there’s thousands of public charging stations throughout the City that allows you the convenience of charging, even while you complete errands.
EVs Are Better for the Environment
- Conventional internal combustion engine vehicles release tailpipe emissions that contribute to local air pollution and global climate change alike. EVs reduce pollution primarily because they don’t produce tailpipe emissions.
- By adopting an EV, you’re eliminating harmful emissions in your community that are a major cause of health conditions like asthma, heart disease and lung disease.
- EVs are a powerful tool for fighting climate change. As an EV owner, you will be doing your part to reduce pollution and greenhouse gases.
The EV Industry is Growing
- There are new and used EVs for every kind of Angeleno. From sedans to SUVs, and from plug-in hybrid to battery electric vehicles, you can find an EV that suits your lifestyle.
- Many electric vehicles now have ranges of up to 200 –300 miles per charge.
- EVs provide consumers with access to the latest technology while providing a quiet, smooth ride – a driving oasis while you’re bumper to bumper.
- As the market grows, inventories of Used EVs will also grow providing customers with more affordable choices.
- EVs are more affordable than ever, the federal government is trying to make EV adoption more accessible through the Inflation Reduction Act which provides tax credits up to $4,000 for used EVs and $7,500 for new EVs, helping close the price gap between electric and conventional models.
