Economic Impacts of Electric Vehicle Infrastructure on Texas Metros

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.

Language

  • English

Project

  • Status: Active
  • Funding: $80000
  • Contract Numbers:

    69A3551747128

  • Sponsor Organizations:

    Office of the Assistant Secretary for Research and Technology

    University Transportation Centers Program
    Department of Transportation
    Washington, DC  United States  20590
  • Managing Organizations:

    Center for Advanced Researchh in Transportation Emissionss, Energy and Health

    Texas A&M Transportation Instiitute
    College Station, Texas  United States  77843
  • Project Managers:

    Glover, Brianne

    Sinha, Nishita

    Rhome, Brittan

  • Performing Organizations:

    Texas A&M Transportation Institute

    Texas A&M University System
    3135 TAMU
    College Station, TX  United States  77843-3135
  • Principal Investigators:

    Kuzio, Jacqueline

  • Start Date: 20210101
  • Expected Completion Date: 20211231
  • Actual Completion Date: 0
  • USDOT Program: University Transportation Centers
  • Source Data: 05-38-TTI

Subject/Index Terms

Filing Info

  • Accession Number: 01762555
  • Record Type: Research project
  • Source Agency: Center for Advancing Research in Transportation Emissions, Energy, and Health
  • Contract Numbers: 69A3551747128
  • Files: UTC, RiP
  • Created Date: Jan 13 2021 9:00AM