Recommended coolant type

Regular water does not have anti corrosion additives so absolutely should be avoided for use more than a few weeks at most IMHO.

Evans is a high quality propylene glycol, so it can be used without any water. Its cooling properties are not quite as good as a water/anti-freeze mix; Evans makes no bones about this point.

For cost effectiveness, a 50-50 AF/water mix is still a good buy.

As for corrosion and other problems, 2 things are likely:
IIRC, every engine mfr already has re-designed engines these days to avoid cavitation problems so they can run Dexcool-like AF. This is to get to 10 year changeout intervals with a Dexcool/water mix.