This study aims to conduct an empirical review of the economic and environmental implications of electric vehicles in the US to depict a balanced view of the outcome of the technology. As EV demand grows due to technological progress and consequent emphasis on climate change solutions, the role of these vehicles in recasting parts of the American economy and environment has to be discussed. This paper aims to determine the amount of money that can be saved through the use of EVs by comparing the fuel costs of EVs to conventional ICE vehicles. These savings can lead to more disposable income so households can spend money on other aspects of the economy. The paper focuses on how the change from a reliance on gasoline to electricity can decrease the countries' reliance on oil importation. This shift has profound geo-political consequences and can act as a force for improving national energy security and economic resilience. In particular, the study aims to establish new employment opportunities created by the EV value network extending from manufacturing to transport infrastructure development. This includes manufacturing of batteries, assembling cars, maintenance of cars, and even setting up charging stations and their maintenance.
The study also concerns the environmental impact of the extensive use of EVs. Thus, by comparing emissions data in the study, the study seeks to illustrate that EVs produce fewer CO2 and other greenhouse gas emissions than ICE vehicles. This reduction is essential to achieve national and international climate targets and goals. Exploring the effects of EVs on air quality, the paper focuses on the effect on NOx emissions and PM emissions. This is a crucial benefit because high atmospheric pollution levels are detrimental to human health, especially in crowded regions.
Inhaltsverzeichnis (Table of Contents)
- Chapter One: Introduction
- 1.1 Background to the study
- 1.1.1 Historical Context and Evolution of Electric Vehicles
- 1.1.2 Current Trends and Adoption in the USA
- 1.1.3 Economic Impacts
- 1.1.4 Environmental Impacts
- 1.1.5 Challenges and Disadvantages
- 1.2 Purpose of the Study
- 1.3 Research Questions
- 1.4 Scope of the Study
- Chapter Two: Literature Review
- 2.1 Theoretical Framework
- 2.2 Implications of Electric Vehicles on the Economy
- 2.2.1 Fuel Cost Savings
- 2.2.2 Energy Security
- 2.2.3 Job Creation
- 2.2.4 Additional Disposable Income
- 2.3 Environmental Effects of Electric Cars
- 2.3.1 Lower Greenhouse Gas Emissions
- 2.3.2 Cleaner Streets
- 2.4 Challenges and Risks of EV Adoption
- 2.4.1 Battery Life and Performance
- 2.4.2 E-waste management
- 2.5 Case Studies: State-Level Efforts and Performance
- 2.5.1 Policies Concerning EVs in California
- 2.5.2 Comparative Analysis with Texas and New York
- 2.6 Case Study: Corporate and Community Responses
- 2.6.1 Major Automotive Companies' Investments in EVs
- 2.6.2 Community-Led EV Adoption Initiatives
- Chapter Three: Methodology
- Chapter Four: Findings and Discussion
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This research study explores the economic and environmental dynamics of electric vehicles (EVs) in the USA, examining the relationship between EV adoption and its impact on the country. The study investigates the economic benefits, including fuel cost reductions, enhanced energy security, and job creation, as well as the environmental advantages, such as reduced emissions and cleaner streets.
- Economic impacts of EV adoption in the USA
- Environmental benefits and drawbacks of EVs
- Challenges and risks associated with widespread EV adoption
- Case studies of state-level policies and corporate/community initiatives
- Analysis of EV adoption trends and future implications
Zusammenfassung der Kapitel (Chapter Summaries)
Chapter One: Introduction provides background information on the historical development, current trends, and significance of EVs in the USA, setting the stage for examining their economic and environmental effects. It outlines the study's purpose, research questions, and scope.
Chapter Two: Literature Review explores existing research on the economic implications of EVs (fuel cost savings, energy security, job creation, disposable income), their environmental effects (lower greenhouse gas emissions, cleaner streets), and challenges related to their adoption (battery life, e-waste management). This chapter also includes case studies of state-level policies and corporate/community responses to EV adoption.
Chapter Three: Methodology details the research design, data collection methods, and data analysis techniques used in the study.
Chapter Four: Findings and Discussion presents the study's findings regarding the macroeconomic and industry implications of electric vehicles, their influence on national energy security, and their environmental benefits and disadvantages.
Schlüsselwörter (Keywords)
Electric Vehicles (EVs), Economic Impacts, Environmental Impact, Energy Security, Greenhouse Gas Emissions, E-waste, Policy Analysis, Case Studies, USA, Sustainability, Adoption Rates.
- Quote paper
- Joeleen Kimbell (Author), 2023, Electric Vehicles in the USA. Economic Benefits and Environmental Impact, Munich, GRIN Verlag, https://www.hausarbeiten.de/document/1516873