An Overview and Investigational Survey of Existing Electric Vehicles

It is widely acknowledged that using electric vehicles (EVs) may significantly reduce gas emissions and reliance on foreign oil for transportation. When recharging their batteries, electric vehicles (EVs) primarily rely on electricity rather than conventional fuels like gasoline or diesel. Future oil demand is anticipated to decrease as the number of electric vehicles (EVs) on the road rises. The paper will delve into the intricate relationship between government policies and consumer behavior, examining the impact of policies such as subsidies, regulations, and infrastructure development on consumer perception, adoption rates, and EV sales. By scrutinizing supply chain dynamics, the paper will highlight the importance of domestic manufacturing, localization of EV components, and the need for policy interventions to create a robust EV supply chain. The research will also explore the economic impacts of EV adoption on the automotive industry, power sector, and overall economy, examining the potential for job creation, reduced dependence on imported oil, and the long-term economic benefits. As the EV industry evolves, understanding these trends is crucial for policymakers, manufacturers, and consumers alike. This research sheds light on the dynamic landscape of electric mobility and provides insights for sustainable transportation transitions.