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EVs Can Generate Widespread Economic Benefits, New Study Says
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Putting more electric cars on the road doesn’t just benefit those with enough money to buy the often-pricey vehicles, it also pushes down prices at the gas pump while strengthening U.S. energy security, according to new research from Georgia Tech’s Jimmy and Rosalynn Carter School of Public Policy.
According to the study, published in Energy Policy, widespread adoption of electric vehicles, or EVs, by 2035 would cut energy bills for U.S. households by more than 6% — including more than 4% at the gas pump. It also would drive oil imports down by 7% and increase exports by nearly 4%, the researchers say.
However, those benefits are imperiled by the repeal of national electric vehicle incentives and the recent decision by the federal government to roll back EV-boosting rules meant to increase vehicle fuel efficiency and reduce pollution, according to the study’s authors, Ph.D. candidate Niraj K. Palsule; Marilyn A. Brown, Regents’ Professor and Brook Byers Professor of Sustainable Systems; and former graduate student Suprita Chakravarthy. Their study was conducted prior to the federal decisions.
“Proponents of eliminating fuel efficiency standards and other EV-boosting policies often frame those regulatory approaches as consumer-unfriendly, but our analysis shows that such policies have many long-term benefits, both for consumers and for the nation’s energy security,” Palsule said.
For more on the study, read the full story.
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- Workflow status: Published
- Created by: mpearson34
- Created: 03/23/2026
- Modified By: mpearson34
- Modified: 03/23/2026
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