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Blue car charging at an EV charging station in Darwin

The world is buzzing about electric vehicles (EVs), but are you hesitant to make the switch due to lingering doubts? We’re here to debunk common myths and talk about the benefits of going electric, so you can make an informed decision.
Ready to ditch the pump and embrace a sustainable future? Let's dive in.

Understanding Electric Vehicles: From Myths to Facts

Myth 1: All electric vehicles are the same.

The world of EVs is diverse, offering a range of options to suit different needs and lifestyles. There are three main types of EVs to choose from:

  • Battery Electric Vehicles (BEVs): These eco-warriors run solely on electricity and boast zero tailpipe emissions.
  • Plug-in Hybrid Electric Vehicles (PHEVs): These combine an electric motor with a petrol engine, offering flexibility for longer journeys.
  • Hybrid Electric Vehicles (HEVs): These use both electric and petrol power, but their electric-only range is limited.

Myth 2: Electric cars are too expensive.

While the upfront cost of some EVs might be higher than traditional petrol vehicles, the long-term savings are significant. Here's why:

  • The Electric Car Discount Policy: Introduced by the Australian Government, this policy removes the Fringe Benefits Tax (FBT) on certain low-emission vehicles acquired through salary-sacrifice novated leases, making EVs more affordable. For example, with AANT Novated Leasing,  the weekly cost for a Mazda CX-5 stands at $227, while a TESLA Model 3 is only marginally higher at $233 per week. This is a gamechanger for those eyeing off eco-friendly rides without breaking the bank.
  • Lower Running Costs: Electricity is generally cheaper than petrol, giving you big fuel savings over time. Plus, EVs have fewer moving parts, meaning you’ll have less maintenance costs. 
     

Young woman charging her ev
 

Addressing Common Concerns: From Range Anxiety to Battery Worries

Myth 3: I won't be able to drive long distances in an EV.

Range anxiety is a common concern, but modern EVs offer impressive range capabilities. Many models can travel long distances on a single charge, making trips like your next adventure to Litchfield National Park a breeze.

Myth 4: Electric vehicles are fire hazards.

Believe it or not, EVs are actually safer in this regard than petrol vehicles. Without a flammable fuel tank and featuring simpler designs, EVs significantly reduce the risk of fire incidents.

Myth 5: EV batteries have a bad environmental impact. 

Battery technology has come a long way. Over 90% of the materials in lithium-ion batteries can be recycled and reused in new batteries or repurposed for energy storage in homes and businesses, promoting a sustainable future.

Thinking about leasing an EV?

 AANT can help you navigate the process and understand the financial benefits.