The U.S. Could Save $17 Billion A Year If 25 Percent Of Fleet Was Electric

A study from Northwestern University revealed that if 25 percent of the American fleet – 68.4 million cars – were composed of electric vehicles, the country would save $17 billion per year.

According to the study, these savings would not relate to the lower running costs of EVs. Instead, they could be achieved with what they can do to help society. With more electric cars in cities, the air around them would be cleaner, and their populations would not get sick due to pollution as often as they do today.

A more challenging benefit to measure, would be avoiding climate change damages. Mostly because cars do not account for that much carbon emission, we would need clean airplanes, trucks, trains, and ships more than electric cars. They also demand less natural resources and the savings could be even higher.

Read the article at InsideEVs.

The post The U.S. Could Save $17 Billion A Year If 25 Percent Of Fleet Was Electric appeared first on Fleet Management Weekly.

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