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Electric Vehicles Are Taking Charge

Kiplinger's Personal Finance

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April 2022

In 2022 a range of manufacturers are introducing EVs for mainstream consumers.

- DAVID MUHLBAUM

Electric Vehicles Are Taking Charge

F-150 Lightning

Starting MSRP: $39,974

EPA range: 230 miles

Federal tax credit: Up to $7,500

America’s best-selling vehicle goes electric and blows minds. The line for one is long, though. The battle of the truck brands will revive when Chevrolet introduces the Silverado EV in fall 2023. Also, at the higher end of this market, the Rivian R1T is an EV pickup truck worth a look.

There is widespread consen-sus that the future, at least when it comes to what we drive, is electric. Carmakers have been falling all over each other with promised dates by which some or all of their offerings will be electric, or at least electrified in some way. But when is that future for you? Should you buy an electric now? A number of vehicles either for sale or coming to market in 2022 promise to shake things up. They’re neither tiny nor dizzyingly expensive, and they might tip the scales for some to try electric.

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