Driving the Future: Why to Consider Electric Vehicles

At Empower FCU, we're here to keep you informed about the latest innovations in both finance and technology.

Recently, our Environmental Advocacy Team (EAT) hosted an "Ask the Expert" session on electric vehicles (EVs). Featured guest Bobby Rosato from The Electric Car Corner (Farmington, NY) explored the facets of EV ownership, noting that while there’s often a learning curve with charging habits, it soon becomes routine - just like plugging in any other device. 

EVs run on electricity stored in batteries, reducing tailpipe emissions and contributing to a cleaner environment. The near-instant power of electric motors make EVs precise, powerful, and - important for any car enthusiast - fun to drive.  

What about range? Many modern EVs have impressive ranges, so you can worry less about running out of power while you’re on the road. Charging is also becoming faster and increasingly accessible, thanks to home charging options and a growing network of public stations. 
 
Beyond the environmental advantages, EVs have lower maintenance and fuel costs over their lifespan compared to gasoline and hybrid vehicles. Plus, incentives like the Clean Car $4,000 Tax Credit may be available. Be sure to ask your dealer when you start shopping for an EV. 
 
If you're curious about making the switch to electric, we can help. At Empower FCU, we offer loans for new and used EVs to help you make the transition to a greener ride.