EVERYTHING YOU NEED TO KNOW ABOUT OWNING AN EV: FBT, LEASING, CHARGING, APPS, SERVICING

EV Channels Review

This comprehensive guide demystifies EV ownership, covering essential aspects from driving dynamics to practicalities like charging and tax implications. The reviewer highlights the quiet and smooth driving experience, emphasizing the benefits of regenerative braking and single-pedal driving, though noting the initial learning curve. Battery technology is explained at a high level, differentiating between LFP, NCM, and NCA types and their charging recommendations. The impact of weather on range is discussed, with a significant reduction expected in sub-zero temperatures. Charging infrastructure is detailed, distinguishing between slower AC home charging and faster DC public charging, with a strong recommendation for home charging. The video also touches upon the Fringe Benefits Tax (FBT) exemption for EVs in Australia, a significant financial incentive for novated leases. Servicing is noted as being cheaper and simpler due to fewer moving parts, but the importance of regular maintenance is stressed. Finally, the utility of smartphone apps for scheduling charging, preheating, and security is praised, with Tesla and BMW apps cited as examples of good user experience, while Volkswagen Group's are deemed average. The overall verdict suggests EVs are suitable for most daily driving needs in Australia, provided owners plan for charging and understand range limitations, though long-distance or towing might still favor internal combustion engine vehicles.