How EVs Save the US Economy up to$70 B Each Year

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