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There are many benefits of buying an electric car (or EV).

Automakers are investing in electric cars for a variety of reasons, including consumer demand, meeting new fuel-economy requirements, and zero-emissions mandates. Automakers have also found that some buyers want cars that express their social consciousness by symbolizing their reluctance to contribute to importing oil from unstable, unsympathetic regimes, anger over recent gasoline price spikes, and outrage over oil spills. In light of the success of the Toyota Prius with these buyers, electric cars and plug-in hybrids are a logical next step.

Electric cars are up to three times as efficient as gasoline-powered cars. That’s primarily because electric motors are 90-percent efficient at converting energy into motion, compared to 30 to 40 percent for conventional cars and hybrids. 

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