CHAPTER 4
The future of mobility
EVs are changing the world for the better
Inside this chapter:- EVs can be good for cities
- EVs may improve health outcomes
- EVs can be good for the economy
- Key highlights from this chapter
STATE OF THE MARKET | MYTHBUSTING | THE MARKET ECOSYSTEM | THE FUTURE OF MOBILITY | WHY CHARGEPOINT
More EVs have significant benefits for cities, including reduced air and noise pollution, but there are also other advantages.
For example, EVs can be integrated with renewables like solar and wind power, helping cities decrease their dependence on fossil fuels and resulting in a more sustainable energy grid.
Reducing dependence on imported oil also buffers cities against price fluctuations and supply disruptions while increasing energy security and stability.
Many countries and U.S. states, including the UK, Canada and California, plan to ban the sale of new diesel and gasoline vehicles by 2035. But some cities, including Paris, Rome and Stockholm, are getting a head start, barring diesel vehicles from city centers beginning this year.
Less air and noise pollution
Improved health outcomes
Economic opportunities
Long-term energy stability
When we think about the actions related to climate change, often it’s on a global level, but the idea that changes being made at the local level can improve the health of your own community could be a powerful message to the public and to policy makers.
A recent Harvard T.H. Chan School of Public Health study found that “replacing gas-powered vehicles with electric vehicles in cities could significantly reduce air pollution-related death and illness,” enabling healthier communities and happier citizens.25 Studies have also shown health benefits to reducing noise pollution, which, among other
things can affect cognitive development in children, leading to problems with learning and memory. In fact, schools located in formerly noisy environments may see improvements in the academic performance of their students.26
What a difference a car can make!
25 “Increasing the use of electric cars could improve health outcomes,” Harvard T.H. Chan School of Public Health, 2021
26 “Noise and Health,” Harvard Medicine, Spring 2022
Mass adoption of EVs could lead to substantial public health cost savings due to reduced medical expenses from pollution-related health conditions, especially in lower-income and rural communities, which often bear a disproportionate burden of air and noise pollution. In fact, it’s estimated that the transition to zero emission vehicles could save over $1 trillion in public health costs in the U.S. alone in the coming decades, solely due to reduced healthcare costs!27
The shift to EVs will help local economies by creating new job opportunities in green energy and the development and installation of charging infrastructure. Additionally, fuel and maintenance savings can increase consumers’ disposable incomes, further stimulating economic growth.
(*Hint: they’re all true)
Electrifying transportation by 2035 would save the global economy $2.7 trillion by 205028
In 2050, 42 million jobs will be in the renewable energy sector29
EVs are predicted to save $1 trillion in healthcare costs in the U.S. by 2050
27 “Study links adoption of electric vehicles with less air pollution and improved health,” Keck School of Medicine, Feb. 2023
28 “All-electric car and truck sales by 2035 would save $2.7 trillion...,” UtilityDive, April 2021
29 “Accelerated Energy Transition Can Add 40 million Energy Sector Jobs by 2050,” International Renewable Energy Agency (IRENA), Nov. 2023
Cities can reduce dependence on fossil fuels through integration with renewable energy sources.
Transitioning to EVs could drastically reduce air and noise pollution while decreasing physical and mental illnesses.
The mass adoption of EVs is projected to save over $2.7 trillion in global healthcare costs by 2050, including $1 trillion in the U.S.
The shift towards EVs and renewable energy is expected to create 42 million jobs globally by 2050.
Yes, very useful
Somewhat useful
No, not very useful