The Economic and Environmental Dynamics of Electric Vehicles in the USA

This research investigates the interconnected economic and environmental impacts of electric vehicle (EV) adoption in the United States. Using a mixed-methods approach that integrates market data analysis, policy review, and environmental modeling, it examines how factors such as purchase price differentials, operating cost savings, tax incentives, and infrastructure investments influence EV market penetration. The study evaluates environmental outcomes including reductions in greenhouse gas emissions, improvements in urban air quality, and potential strains on the electricity grid during peak demand periods. It further analyzes how legislative measures— such as the Inflation Reduction Act—affect both consumer adoption and industry growth. By comparing EV performance and lifecycle impacts to conventional internal combustion engine vehicles, the research identifies key drivers for sustainable adoption and offers policy recommendations to align economic incentives with environmental benefits.