The Economic Impact of Electric Vehicles

710187

02/01/1971

Event
1971 Automotive Engineering Congress and Exposition
Authors Abstract
Content
Complete overnight electrification of all ground transportation in the United States is assumed in order to provide a measure of the maximum possible impact of electric vehicles. The impact on the electric utility industry would be to increase total load by roughly one-half; thus complete electrification of ground transportation at any realistic pace would pose no serious difficulties. Similarly, the automobile manufacturing and ancillary industries, although subject to change, would find no serious difficulty in adapting. The impact on the petroleum industry, however, would be serious, for about one-half of its markets would disappear. Complete electrification of ground transportation could lead to troublesome adjustment problems within the industry and in the regions in which it is important.
An especially bothersome problem would exist in public finance. Without a transfer of the motor fuel tax funds to electricity consumed in transportation, government revenues would be adversely affected. It is not clear, however, how the transfer could be made in a way that would be both equitable and administratively feasible.
Meta TagsDetails
DOI
https://doi.org/10.4271/710187
Pages
8
Citation
Netschert, B., "The Economic Impact of Electric Vehicles," SAE Technical Paper 710187, 1971, https://doi.org/10.4271/710187.
Additional Details
Publisher
Published
Feb 1, 1971
Product Code
710187
Content Type
Technical Paper
Language
English