5 Essential Considerations for Choosing an Electric Vehicle (EV)

Last updated on November 24th, 2023
  Written by 
Savvy Editorial Team
Savvy's content writing team are professionals with a wide and diverse range of industry experience and topic knowledge. We write across a broad spectrum of finance-related topics to provide our readers with informative resources to help them learn more about a certain area or enable them to decide on which product is best for their needs with careful comparison. Meet the team behind the operation here. Visit our authors page to meet Savvy's expert writing team, committed to delivering informative and engaging content to help you make informed financial decisions.
Our authors



Fact checked

At Savvy, we are committed to providing accurate information. Our content undergoes a rigorous process of fact-checking before it is published. Learn more about our editorial policy.
Home EV charger graphic

At Savvy, our mission is to empower you to make informed financial choices. While we maintain stringent editorial standards, this article may include mentions of products offered by our partners. Here’s how we generate income.

Welcome to the future of transportation! As the electric revolution charges ahead, choosing the perfect electric vehicle (EV) has become an exciting venture. Here, we'll navigate the landscape of EV options, exploring five key considerations that will empower you to make an informed decision aligned with your driving preferences and sustainability goals.

Range and Charging Infrastructure:

Evaluating the Electric Range to Suit Your Driving Habits

One of the primary considerations in choosing your EV is understanding its electric range and how it aligns with your typical driving habits. Evaluate your daily commuting distance and choose a model that comfortably covers your needs without constant recharging.

If you live in the city and use your vehicle mostly for the daily commute, then all models will likely suit your needs. If however, you live in rural areas or have to drive many hundreds of kilometres per regularly, then an EV may not yet be the right vehicle for you.

Check out some of our recent EV reviews to learn more.

Considering the Availability and Accessibility of Charging Infrastructure

Assess the charging infrastructure in your area and along your regular routes. The convenience of accessible charging stations significantly impacts the practicality of your EV choice. Consider the evolving network of charging stations to ensure seamless charging experiences on the go.

Can you charge at home or at work? Not everyone can. Being able to install a higher capacity home charger at your residence is the secret to convenience with EV ownership. While many homeowners can install a charger, not all apartments allow for installation of such infrastructure. It pays to know beforehand if this is possible for your residence.

Renters need also be mindful that installing a home charger may not be possible, and charging from a regular extension cable may be too slow to make EV ownership viable. Read more about home charger installation in our report, here.

Performance and Driving Dynamics:

Exploring the Acceleration and Performance Capabilities of EV Models

Electric vehicles are renowned for their instant torque and impressive acceleration. Explore the performance capabilities of different models to find the right balance between power and efficiency that suits your driving style.

In our extensive EV reviews, we tested the acceleration of vehicles including the Polestar2, Hyundai IONIQ 6, Kia EV6, MG ZS EV, Genesis GV60 and more. Their acceleration is amazing, though be mindful of how much extra drain this kind of driving puts on our battery!

EV Charger graphic

Assessing the Driving Dynamics and Handling for an Enjoyable Driving Experience

The driving dynamics of an EV contribute to the overall enjoyment of your journeys. Assess handling, responsiveness, and overall driving experience during test drives to ensure a smooth and enjoyable ride.

In our tests, all models responded well in terms of driving comfort and handling on long journeys. Features like responsive cruise control, emergency braking or collision avoidance, as well as blind spot monitoring all help reduce stress behind the wheel.

Technology and Connectivity:

Investigating the Onboard Technology and Infotainment Systems

Modern EVs come equipped with cutting-edge technology. Investigate onboard features, infotainment systems, and user interfaces to ensure they align with your preferences for a connected driving experience.

We found that different makes came with different qualities of sound systems, for example. Some required a higher spec to get the really good stuff. The hands down best sound system we experienced was in the Polestar2 with the highest level of optional extras pack. This included a 13 speaker Harman Kardon sound system that blew our minds, though not our eardrums! The issue was that this is only available as a package that includes a moon-roof and high-spec brakes, neither of which felt truly necessary. While we loved the Polestar2, we wished we could have gotten the sound system upgrade as a standalone.  

Battery Life and Maintenance:

Understanding the Longevity and Warranty of the EV Battery

The longevity of the EV battery is a critical factor in ownership. Understand the warranty coverage for the battery and explore information on battery lifespan to anticipate potential replacement needs.

This may be where owning the car from new is a real advantage, rather than buying second hand. While battery life is surely improving, replacing a battery can be expensive. It is worth researching how much a replacement battery would be prior to considering a second-hand EV.

Exploring Maintenance Considerations for Long-Term Ownership

While EVs generally require less maintenance than traditional vehicles, understanding long-term maintenance needs is crucial. Explore maintenance packages, service costs, and any unique considerations for your chosen EV model.

EVs typically experience less wear and tear than regular cars, so you can expect to save on servicing. There still is a cost, however, so it pays to enquire about that upfront prior to purchase.

Eco-Friendly Features and Incentives:

Researching the Overall Environmental Impact of the EV

Eco-friendly features go beyond zero-emission driving. Research the overall environmental impact of the manufacturing process, materials used, and end-of-life considerations to make an environmentally conscious choice.

The jury is still out over how EV batteries can be disposed of once they reach the end of their lifespan. This will surely be a hot topic in the future, so it’s worth keeping in mind.  

Exploring Available Incentives and Rebates for Environmentally Conscious Choices

Many regions offer incentives and rebates for choosing an environmentally friendly vehicle. Explore available programs and tax incentives that can make your EV purchase more cost-effective.

Australia has state-by-state incentives for EVs that should be taken into consideration and can have a significant impact on your total vehicle cost.

Conclusion

Embark on your journey to electric driving with confidence, armed with the knowledge of these five essential considerations. From evaluating range and performance to embracing advanced technology and sustainability, this guide ensures that you make an informed decision aligned with your driving preferences and values.

Did you find this page helpful?

Yes
No
Thanks for your feedback!

This guide provides general information and does not consider your individual needs, finances or objectives. We do not make any recommendation or suggestion about which product is best for you based on your specific situation and we do not compare all companies in the market, or all products offered by all companies. It’s always important to consider whether professional financial, legal or taxation advice is appropriate for you before choosing or purchasing a financial product.

The content on our website is produced by experts in the field of finance and reviewed as part of our editorial guidelines. We endeavour to keep all information across our site updated with accurate information.

Approval for car loans is always subject to our lender’s terms, conditions and qualification criteria. Lenders will undertake a credit check in line with responsible lending obligations to help determine whether you’re in a position to take on the loan you’re applying for.

The interest rate, comparison rate, fees and monthly repayments will depend on factors specific to your profile, such as your financial situation, as well others, such as the loan’s size and your chosen repayment term. Costs such as broker fees, redraw fees or early repayment fees, and cost savings such as fee waivers, aren’t included in the comparison rate but may influence the cost of the loan. Different terms, fees or other loan amounts may result in a different comparison rate.

In this article

Share this article

Share on facebook
Share on twitter
Share on linkedin
Share on email
Share on pinterest

Looking for a car loan quote?

Compare over 40 lenders with Savvy and save on your next car purchase.

* Terms and conditions and lending criteria apply.

Smart money saving tips

Subscribe to our newsletter.

By subscribing you agree to our privacy policy

Related articles

Looking for a car loan?

Explore a range of car finance options with Savvy and get the wheels in motion today.