Who is saying that EVs can save the US Economy billions every year? A new study by Northwestern university
What scenario of EV use saves $70 B?
- if EVs replaced 25% of combustion-engine cars, $17B would be saved
- 250 million tonnes of carbon dioxide (CO2) emissions would be mitigated, factoring in electric generation for charging EVs
- if EVs replaced 75% of combustion-engine cars, $70B would be saved
How do EVs save the US economy billions?
- By curbing greenhouse gas emissions to avoid damages from climate change and air pollutions
- By reducing the health burden of harmful air pollution
Intelligent Transport | Widespread EV adoption could save U.S. $70 billion annually, study finds