There are many misconceptions about electric vehicles. It’s time to set the record straight. Explore the facts behind BMW Electric and the common myths around range, charging, cost, and performance.
FACT OR FICTION
Electric vehicles have a lower cost of ownership.
FACT
Though EVs tend to cost more upfront, they offer ownership savings through lower maintenance, fuel costs, and government incentives. Fuel savings along can add up to $2,000-2,5000 annually. †
FACT OR FICTION
Electric batteries are produced unethically.
FICTION
BMW is committed to ethical cobalt sourcing for its EVs, ensuring transparency and sustainability through initiatives like the Responsible Cobalt Initiative and partnerships with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH. †††
FACT OR FICTION
Home charging is expensive.
FICTION
All-electric BMW vehicles can be charged during off-peak hours, like overnight, when electricity rates are much lower. This makes home charging significantly more affordable.
FACT OR FICTION
Electric vehicles are harmful to the environment.
FICTION
Although EV batteries require more energy to produce, EVs generate significantly less CO2 over time, emitting 2,727 pounds annually compared to 12,594 pounds from gas vehicles, thanks to their zero tailpipe emissions.††††
