Choosing Your EV

Carmakers have expanded the number of EVs in production and there are now more than 40 models in market. Now you can choose from midsize vehicles, minivans, SUVs and soon even trucks. New models offer great performance and technology, and many models received a 5-star Safety Rating. The average price for an EV has dropped, making them an affordable option for nearly everyone. Use our tool to compare EVs and see what options work best for you.

Electric Vehicles in the News

The electrification and EV industry is advancing at a record pace. Learn more about what’s happening within the industry. 

Compare Electric Vehicle Options

Learn about the differences between a fully electric car and a hybrid electric car.

Plug-In Hybrid Electric Vehicles (PHEVs) Fully Electric Vehicles (EVs)
Powered by batteries until the energy is depleted, and then they switch to gas power. Powered solely by batteries.
Require oil changes and other combustion engine-related maintenance. Do not have a combustion engine, reducing maintenance and increasing storage capacity.
Can travel anywhere from 10 to 53 miles solely on their battery. There are no tailpipe emissions.
Have enough range for the average American's commute so most daily driving would be electric, and the combustion engine allows flexibility for long-distance travel. Some cars can travel from 150 up to 335 miles on a single charge, depending on the model.
Using regenerative braking, the car can recharge the batteries instead of wearing down the brake pads when braking. Using regenerative braking, the car can recharge the batteries instead of wearing down the brake pads when braking.
Batteries are charged by plugging the car into a standard electrical outlet or charging station. Batteries are charged by plugging the car into a standard electrical outlet or charging station.
Are eligible for the federal tax credit up to $7,500, depending on battery size. Are eligible for the full $7,500 federal tax credit.

Used EV Market

The wide variety of new EVs on the market has increased the number of used EVs as well. Customers looking for a used vehicle have many more options today. You can search multiple car websites for vehicles near you.

Frequently Asked Questions

  • There are more than 40 EV models on the market today and the number is growing. You can choose between a plug-in hybrid or a fully electric EV. To determine what kind of car is right for you, read the consumer guide or review our comparison chart. 
  • We don't currently offer an EV-specific electric rate. However, depending on which state you live in, we do offer a "whole house" time-of-use rate, which can help lower your electric bill. Please email us at DriveElectric@duke-energy.com to learn more.
  • Yes. There is a federal tax credit of up to $7,500 available for all new EVs for up to 200,000 EVs produced by a single manufacturer. The tax credit steps down to half ($3,750) after the second quarter after the limit has been met and then steps down in half again for the next two quarters. Then the tax credit goes away for that manufacturer. Check with the EV manufacturer for the current tax credit amount.
Duke Energy is not affiliated with the manufacturers or vendors, does not expressly or implicitly warrant the performance of the products and is not liable for any damage caused by these products or for any damage caused by the malfunction of these products. Any non-Duke Energy logo or trademark is owned by its respective manufacturer or its assignee. Duke Energy, 400 South Tryon Street, Charlotte, NC 28202.


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