As your local utility provider, CoServ plays a pivotal role in powering EVs. We want to help you along your journey whether you’re a prospective owner, just curious or if you’re already an owner.
CoServ & Electric Vehicles (EVs)
Electric vehicles are increasing in popularity in North Texas and new, exciting models, innovations and technologies are coming out every year from automakers. As your local utility provider, CoServ will play a pivotal role in powering these EVs. We want to help you along your journey whether you’re a prospective owner or you already own an electric vehicle.
EVs are not only fast, fun and great for the environment but they also save CoServ Members money because they pay for electricity instead of gasoline. We’ve made it easy to calculate what the transition from gasoline to electric would cost and the impact on the environment.
Facts & Figures
- More than 55,000 new electric vehicles and hybrids were registered in the Dallas-Fort Worth region in 2022.
- In Collin County, more than 14,000 new EVs and hybrids were registered in 2022
- In Denton County, more than 10,000 new EVs and hybrids were registered in 2022
Source: DFW Clean Cities
Here’s a nationwide look at electric vehicle sales, electricity consumption and plans for the future.
- In 2022, there were 800,000 battery-electric vehicles sold in the United States. Another 190,000 plug-in hybrid electric vehicles were sold last year in the country.
- By 2030, electric vehicle sales could total 6.8 million.
- In 2022, electric vehicles consumed 15,000 gigawatts of electricity.
- By 2030, that number could rise to 180,000 gigawatts.
- Major automakers have announced big plans for electric vehicles moving forward with General Motors planning 30 EV models and Ford planning for 50 percent of vehicles sold to be fully electric by 2030 or earlier.
Source: International Energy Agency
What’s the difference between a hybrid, a plug-in hybrid electric vehicle (PHEV) and a battery electric vehicle (BEV)?
- A hybrid runs on gasoline but also has a generator that makes electricity for the electric motor that assists the traditional ICE. It relies entirely on gasoline to keep the batteries charged as you drive. The engine switches between electric and ICE to maximize fuel efficiency. No charging required.
- A plug-in hybrid has a battery that powers an electric motor and, when the battery is depleted, switches to a backup generator that runs on gasoline. Some plug-in hybrids run both the electric and gasoline motors to power the vehicle at higher speeds. Plug-in vehicles can be charged daily but can also go on road trips using strictly gasoline. Typically use Level 1 and 2 charging.
- A battery electric vehicle uses batteries to power the electric motor. Full EVs must be charged to operate and owners typically do the majority of charging at home. Most can use Level 1 and 2 chargers in addition to either DC Fast Charging (CHAdeMO) or Tesla’s Supercharger. Using adaptors, Tesla owners can use Level 1 and 2 chargers.