Although electric cars have been around for decades, they are still not as commonplace as vehicles with internal combustion engines.
Due to this, there are still a lot of myths and misinformation surrounding EVs. Here are some of the most commonly held misconceptions about EVs, and how Kona Electric proves them wrong.
Myth: EVs have a short range.
Fact: As EV battery technology progresses, the distance an EV can drive on a single charge is constantly improving. The newest generation of the 64 kWh battery model of the Kona Electric can drive up to 278 miles on a single charge. This makes it a versatile option for a variety of driving patterns: not just short city trips and daily commutes, but also for longer journeys and distance travel.
Myth: EVs are too expensive.
Fact: While EVs do cost more on average than internal-combustion cars at the time of initial purchase, the price gap between them is decreasing. Many European countries offer tax deductions and government subsidies to offset the cost of an EV purchase.
It is also important to consider the total cost of ownership (TCO) when purchasing an EV. Several studies have shown that the TCO for EVs is comparable or even slightly lower than that of petrol vehicles, not just because in some places in the world, electricity is cheaper than petrol, but also because EV owners spend less money on maintenance and repairs.
Another metric to look at is residual value. EVs tend to retain a higher percentage of their original value on the used car market compared to petrol cars. With a five-year unlimited warranty on all of its vehicles and an 8 year / 100,000 mile warranty on the high voltage batteries, Hyundai’s electric vehicles tend to rank particularly well on this aspect.
Among the five largest European markets, Kona Electric is predicted to have one of the leading residual values compared to key EV competitors on the market, maintaining on average 54% of its original value according to data published by the independent RV guidebook CAP*. Recent upgrades introducing improved connectivity and charging technology, have been estimated to enhance residual value even further.
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SOURCE: Hyundai
