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Home / Projects / Economic Impacts of Electric Vehicle Infrastructure Expansion on Texas Metros

Economic Impacts of Electric Vehicle Infrastructure Expansion on Texas Metros

Abstract

In 2019, U.S. electric vehicle (EV) sales hit 300,000 and some estimates expect that number to increase to 2 million by 2050; this has significant implications for not only transportation, but the economy, environment, and health outcomes. Increased investment in clean technologies leads to improved environmental and health outcomes but also jobs and greater spending in the regional economy. Economic impacts contribute to the triple bottom line of sustainability and enable local governments and transportation agencies to justify the cost of an investment. This research project will produce a tool that utilizes both benefit-cost and economic impact modelling to show the benefits that could arise with an increased investment in electric vehicle infrastructure. The tool will allow policy makers to enter basic scenario data regarding the type of infrastructure installation, cost, and regional transportation information (e.g., average trip length, number of trips) for metro areas in Texas to demonstrate the potential benefits and economic impacts.

Research Investigators (PI*)

Jacqueline Kuzio*, Texas A&M Transportation Institute

Brianne Glover, Texas A&M Transportation Institute

Nishita Sinha, Texas A&M Transportation Institute

Brittan Rhome, Texas A&M Transportation Institute

Project Information

Start Date: 01/01/2021
End Date: 12/31/2021
Status: Active
Grant Number: 69A3551747128
Source Organization: CARTEEH UTC
Project Number: TTI-05-38
TRID URL
UTC Project Information Form

Final Report

CARTEEH Focus Area(s)

Sponsor

Office of the Assistant Secretary for Research and Technology
University Transportation Centers Program
Department of Transportation
Washington, DC 20590 United States

Performing Organization

Texas A&M Transportation Institute
1111 RELLIS Parkway
Bryan, Texas 77807

 

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