THE BENEFITS AND FUTURE CHALLENGES OF ELECTRIC VEHICLES

Abstract

The purpose of this article is to examine the advantages of electric vehicles as well as potential future difficulties. EVs promises significant environmental advantages by minimising air pollution and greenhouse gas emissions mainly when powered by renewable energy sources. Moreover, they provide economic benefits such as reduced dependence on fossil fuels and lower operational costs. However, its adoption put forward various barriers such as battery deterioration, increased strain on power grids and inadequate charging infrastructure. An assessment has completed regarding the technological advancements, policy interventions, and market trends driving EV adoption by utilising a qualitative analysis using secondary data from government reports, industry studies, and academic literature. However, high initial costs and infrastructure gaps remain significant challenges. Innovations in battery technology, government incentives and expansion of charging networks supported to overcome these barriers. Finally, it was concluded that the integration of renewable energy and fostering public-private partnerships is important for hastening EV adoption.