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A big EV purchase decision that's not about the car model you buy - TL;DR CNBC

A big EV purchase decision that's not about the car model you buy

Publishing timestamp: 2023-09-29 11:09:32


Summary

The article discusses the decision to upgrade home charging stations for electric vehicles (EVs) from Level 1 to Level 2. It highlights that while about 80% of EV charging takes place at home, upgrading may not always be the right financial decision for EV owners. Factors such as usage, vehicle type, number of EVs in the family, and cost versus potential incentives need to be considered. The article provides information on the different charging levels, costs, potential rebates, and incentives available for upgrading. It also mentions that Level 2 chargers can provide faster charging times and smart charging capabilities. Ultimately, the decision to upgrade depends on individual circumstances and preferences.


Sentiment: NEUTRAL

Tickers: F

Keywords: energyford motor coautosclimateelectric vehiclesbusiness newselectric power generationalternative and sustainable energy

Source: https://www.cnbc.com/2023/09/29/one-of-the-biggest-ev-decisions-youll-make-isnt-which-car-to-buy.html


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