New research analyzing the latest electric vehicle battery and infrastructure costs finds not only is it technologically feasible to electrify every new car and truck sold in the U.S. by 2035, but it would also save consumers $2.7 trillion and create more than 2 million jobs in 2035. This companion report outlines the near- mid- and long-term actions that the federal government, states, local governments, and utilities should take to accelerate the transportation sector’s transition away from fossil fuels within the decade and overcome the most common barriers to transportation electrification while prioritizing equity. An Executive Summary outlines the nearly 50 recommendations for policy action across six categories.
Accelerating Clean, Electrified Transportation by 2035: Policy Priorities
Electrifying every new car and truck sold in the U.S. by 2035 would save consumers $2.7 trillion and create more than 2 million jobs by 2035, but these benefits will only be realized with greater policy ambition including strong national fuel economy and tailpipe emissions standards for all vehicle classes.
