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Driving Electric Transportation Forward
Driving Electric Transportation Forward

September 2021
This week, EEI celebrates National Drive Electric Week, which highlights the many environmental, economic, and customer benefits of electric transportation. Across the country, EEI member companies—America’s investor-owned electric companies—are partnering with communities and stakeholders to support the growth of electric vehicles (EVs) while continuing to invest in and build EV charging infrastructure. Among its many benefits, electric transportation improves local air quality and can help drive deep carbon reductions in the transportation sector—which is the largest domestic source of carbon emissions. Electric transportation also saves customers money: EV drivers spend the equivalent of about $1.21 per gallon, based on average residential electric rates, and they spend less in maintenance costs than traditional equivalents.
Today, there are more than 2 million EVs on U.S. roads, and that number is projected to increase to 18.7 million EVs by 2030. To support this growth, EEI’s member companies are investing more than $3 billion in customer programs and projects to deploy charging infrastructure and to accelerate electric transportation. At the same time, communities and businesses increasingly are switching to electric for public transit vehicles, delivery vehicles, ride-sharing applications, ports, airports, and more.
Visit EEI’s electric transportation webpage and read EEI’s electric transportation fact sheet to learn more. Visit National Drive Electric Week’s website for more information about this year’s celebration of EVs.