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

Monday, August 17, 2020 - 14:01 in Physics & Chemistry

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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