Oakland Hyundai EV Guide
What Are the Benefits of an Electric Car?
Why are electric cars a good idea? From fuel savings to reduced tax and maintenance costs,
electric cars could help save you money and have a positive impact on the environment. As electric cars,
often called electric vehicles or EVs, become more mainstream, they offer affordability and a wide variety
of benefits for drivers making the switch.
Save
Fuel Savings
Electric driving can help reduce fuel costs compared to many gas-powered vehicles.
Care
Lower Maintenance
EVs have fewer moving parts and no traditional oil changes.
Charge
Charging Options
Charge at home, at work, or through public charging stations.
CA
Incentives
Federal, state, utility, and regional programs may help reduce ownership costs.
Benefits of Driving an EV
Fuel cost savings: Driving an electric car can save you money every time you travel.
Compared to traditional gas cars, electric cars are more efficient to drive. Electric car drivers can
save around over $2,000 a year on gas alone. Calculate your potential fuel cost savings with
CLEAResult’s EV Savings Calculator.
Cheaper to maintain: While the price of an electric car may be similar to many comparable
gas-powered vehicles, the cost of running one can be more affordable, particularly over the full lifetime
of the vehicle. Electric cars are designed to be as efficient as possible, which can mean less maintenance,
and maintenance costs are minimal, including brakes that can last longer and no more need for oil changes.
Calculate and compare total cost of ownership and emissions using the
Alternative Fuels Data Center’s Vehicle Cost Calculator.
Better for the environment: Fully electric cars offer zero tailpipe emissions making
them greener and better for the environment than gas or diesel cars. Less pollution means cleaner air
and reduced greenhouse gasses.
Available EV Incentives
What incentives are available for EVs? Many incentives are available for electric cars and charging stations.
Check out some of the available incentives below and use
California’s Drive Clean Incentive Lookup Tool
to search for current incentives for cars, chargers, utility savings, and carpool lane decals.
The Federal Government offers tax credits for cars and chargers:
If you purchase an EV charger for your home or business, you may be eligible for the
Alternative Fuel Vehicle Refueling Property Tax Credit
which covers 30% of the cost of the installation and hardware, up to $1,000 per charging port/dispenser
for individuals, or up to $100,000 per charging port/dispenser for businesses/organizations, for installations
completed by June 30, 2026.
PG&E offers several customer incentives:
PG&E offers rebates up to $4,000
for the purchase or lease of a used electric car and you can qualify for up to $700 for eligible charging equipment.
The
Residential Charging Solutions program
offers eligible customers a rebate on PG&E-approved electric car charging equipment.
PG&E offers discounted utility rates for home charging.
Find a great rate for you here.
Other Great EV Incentives
The Bay Area Air Quality Management District's Clean Cars for All program offers several incentives:
Incentives of up to $12,000 are available
for income-qualified Bay Area residents to retire their older car and replace it with a plug-in hybrid,
battery, or hydrogen fuel cell electric car. Additionally, up to $2,000 is available for electric car
charging for qualified purchases.
Grants of $7,500 are available
to income-qualified Bay Area residents to retire their older car and replace it with an electric bicycle, or e-bike.
The San Francisco Public Utilities Commission’s EV Charge SF program offers charging incentives to CleanPowerSF and Hetch Hetchy customers:
Incentives of up to $120,000 per site are available
for Level 2 EV chargers and Level 1 and Level 2 EV outlets at multifamily and commercial buildings.
The program also offers technical assistance to help customers plan their EV charging project.
More EV Resources
Electric Vehicle Incentives Handout
Download EV incentive handouts in English, 中文, or Español.
Charging Basics
Learn more about electric car benefits and charging basics at
ElectricForAll.org.
Shopping Assistance
Compare electric car models, research dealerships, and get shopping assistance from
Plug in America.
Charging Stations
Check out the national network of EV charging stations and plan your trips on
PlugShare.
Virtual Test Drive
Take a virtual test drive with the
My Green Car
app.
Buy a New or Pre-Owned EV at Oakland Hyundai
Ready to explore electric vehicles, hybrids, and plug-in hybrids? Browse available inventory or contact our team
for help finding the right vehicle in Oakland, CA.
* Our dealership and its employees do not provide tax, legal or accounting advice. This material has been prepared
for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or
accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.
