All-Electric 2024 BMW i5 Teased Before October Reveal

Am I Ready for an EV?

• EV ownership works best if you can charge (240V) at home or at work ^{This typically means a 240V home installation, but you could also have a similar setup at your office or other places your car is already parked for several hours each day. Don't expect a regular household outlet (120V) to suffice unless you've got a plug-in hybrid, in which case overnight charging at home is feasible.}
• If you can’t charge at home, charging at a charging station could take at least 10x longer than at a gas station ^{With public charging infrastructure still in its infancy, the user experience can be maddeningly inconsistent. Tesla owners tend to rave about the reliability and speed of the company's proprietary Supercharger stations, but rival DC fast options have thus far been plagued by technical issues and overcrowding. It's an evolving landscape and our best advice is to do your research on the available options for the EV you want to buy.}
• Adding a 240V home charging system could cost up to $1,600 or more ^{If your existing electrical service can handle the additional demands of EV charging, you may be able to add Level 2 charging at home for less than a grand, including installation. But your costs will multiply if you need to upgrade your electrical panel or add a dedicated circuit.}