Widespread electric vehicle adoption would save billions of dollars, thousands of lives

Published on August 17, 2020

A new study found that if EVs replaced 25% of combustion-engine cars currently on the road, the United States would save approximately $17 billion annually by avoiding damages from climate change and air pollution. In more aggressive scenarios — replacing 75% of cars with EVs and increasing renewable energy generation — savings could reach as much as $70 billion annually.

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