Should I Buy an Electric Car in 2021?

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Electric Cars: Should I Buy, Or Should I Wait?

The automotive industry is beginning to embrace an electric future. They've shifted research and development dollars by the billions to develop and market the dozens of electric vehicles (EVs) that are already on America's roads, or soon will be.

Is 2021 the year for you to buy an electric car? Should you wait? Or not consider one at all?

America's electric vehicle industry is still in its infancy. According to the U.S. Department of Energy, fewer than 2% of the light vehicles sold in the U.S. during 2019 were electric cars. The United States trails China and Europe by a wide margin when it comes to adopting EVs.

Still, the number of EV sales is steadily climbing, while more models arrive in the marketplace. The market has reached a point where the options span from compact cars to SUVs, with pickups set to arrive later this year.

"It’s the best time yet," says Jeff Allen, executive director at Forth, a Portland, Oregon-based EV advocacy organization. "You have a lot more options than you’ve ever had before."

On the following pages, we'll look at the pros and cons of buying an electric vehicle today. We'll look at the market from the point of view of average consumers, not EV enthusiasts or early adopters who may be willing to overlook challenges to be the first on their block to have an electric car.

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