PHOTO CAPTION: Tesla Model S is epitome of state-of-the-art electric car.

Buy An Electric Car for the Right Reasons

Anton Wahlman thinks some of the justifications for buying an electric car are ill-informed, but argues for buying one because they are just better cars, period.

Published: 24-May-2013

NEW YORK (TheStreet) -- The purpose of this article is to sort out some of the main arguments for and against electric cars.

For reference and clarification, by "electric" I hereby mean both pure electric cars and those accompanied by an on-board generator, such as the Chevrolet Volt or the upcoming BMW i3. Basically, any car that plugs into a wall in order to store energy in a battery that will (help) drive the car.

1. "Electric cars save money on gasoline."


Honda Civic-based Charge Car

Jim Motavalli discovers $24,000 conversion kit costs which means that when you include the cost of the Civic, it's probably cheaper to buy a new Nissan LEAF.

Steve Jurvetson's Tesla Roadster

One one our of five venture capitalist at recent Top 10 Tech Trends dinners actually even owns an electric car.

Mitsubishi i-MiEV electric car will save drivers $1,210 annually

Assuming 11,000 miles of driving annually - or 30 miles a day - the Leaf driver would save $1,180 a year in Hampton Roads; the i driver, $1,210.


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