Powering progress:
EV impact

The role of EVs today in shaping tomorrow

Electric vehicle technology is strengthening America’s industrial base. It’s driving new manufacturing, creating jobs across the supply chain and reducing our reliance on imported oil — all while helping lower emissions and improve national energy security.

True or False:

EVs that rely on a fossil-fueled grid are just as bad for the environment as gas cars.

Charging an EV using electricity from coal power plants is still more efficient than burning refined gasoline. Combustion engines waste up to 70% of energy as heat, while both power plants and EVs use energy far more efficiently, retaining 90% of energy.

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True or False:

EVs require less maintenance than gasoline cars.

EVs have about 20 moving components in the drivetrain compared to over 2,000 in internal combustion engine vehicles. This streamlined design eliminates the need for oil changes, spark plugs and transmission fluid replacements, cutting maintenance costs by an average of 30%.

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True or False:

EVs are suitable for towing heavy loads.

EVs, particularly trucks and SUVs, are designed for towing. Instant torque provides smooth, reliable power, helping EVs excel under heavy loads.

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True or False:

EVs bought in the U.S. are made primarily in other countries.

Over half of the EVs sold in the U.S. in 2022 were assembled in the U.S., and it is estimated that 74.4% of EVs sold in 2024 were made in North America.

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True or False:

Buying an EV boosts the U.S. economy and supports job creation.

EV investments have created nearly 200,000 direct American jobs and 900,000 more in related industries, contributing to U.S. economic growth and job creation.

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True or False:

Over-the-air (OTA) updates are only for fixing bugs and software issues.

OTA updates do more than fix bugs — they improve performance, enhance safety and add features. Remotely addressing software-related recalls can save the industry $1.5 billion by 2028.

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30%

lower lifetime emissions

The life-cycle emissions of an electric vehicle are typically more than 30% lower than those of a comparable gas-powered car.

100%

domestically produced energy

EVs are powered by 100% domestically produced energy, reducing dependence on foreign oil and keeping energy spending within the U.S.

200,000+

new jobs

Since 2015, manufacturers have announced 201,900 new EV-related jobs across the U.S. and about $200B in concrete investment.

A stronger future with lasting impact

The economic power of EVs

Over 4 million Americans work in the auto industry, with a growing share now focused on EV manufacturing, infrastructure, and services. This expansion of EV-related industries is driving job creation across U.S. manufacturing, technology, and construction.

As of 2024, private companies had announced more than $200 billion in investments for American EV and battery production, expected to create about 240,000 new permanent jobs. More than 50 EV manufacturing sites are already operating, supporting over 50,000 jobs and more than 100 additional projects are currently under construction.

Beyond direct employment, the EV sector is also generating substantial ripple effects — potentially close to 1 million additional jobs across suppliers, logistics, and related industries. Battery recycling alone attracted $7.8 billion in new investments from 2022 to 2024, which has created thousands of skilled, well-paying positions.

Infrastructure growth brings its own economic impact. By October 2024, the U.S. had surpassed 200,000 public charging ports, and reaching the national goal of 500,000 by 2030 is expected to support tens of thousands of additional jobs in planning, installation and maintenance.

These hundreds of billions of dollars in private investment and nearly a quarter-million direct jobs underscore how American EV manufacturing’s rapid expansion is significantly contributing to a resilient and competitive economy that can stand strong in the international arena.

Electric vehicle investments are creating jobs and revitalizing manufacturing centers across America. In 2023 and 2024 alone, private companies announced over $100 billion in new EV projects, expected to create more than 100,000 American jobs. In 2024, employment in EV manufacturing grew by 11.4%, with Georgia, Michigan, North Carolina, Tennessee and Nevada leading the way in new plants and supplier networks.

Many of these projects are taking shape in familiar factory towns where American cars and trucks have been built for generations. Welders, electricians and engineers are applying their skills to new types of vehicles and technologies, and prodly continue our long tradition of hard-working American manufacturing. From battery factories in the South to charger assembly plants in the Midwest, these new EV manufacturing projects strengthen local economies from coast to coast.

For more than a century, America’s strength in car making has come from its ability to master new technologies and keep improving how things are built — from the assembly line to advanced materials and automation. Electric vehicles are part of that same tradition of problem-solving and engineering progress.

Around the world, more people and companies are investing in new vehicle technologies, including EVs. Those at the forefront of any automotive technology will be the ones guiding the global industry. In the U.S., billions in private EV funding are currently being invested to ensure we expand and modernize factories, onshore American supply chains and safeguard manufacturing jobs. The goal is to protect and build on America’s long record of ingenuity and hard work to ensure our nation stays the place where the best and most modern vehicles are designed, engineered and built.

Understand EV Policy

Explore the policies driving EV adoption, innovation and sustainability.