<ul><li>The increased adoption of electric vehicles (EVs) can have both positive and negative effects on the economy.</li><li>Individuals who can afford EVs can reduce their carbon footprint and enjoy annual savings on fuel and maintenance costs.</li><li>Charging stations for EVs can contribute to local business income and create jobs, but costly grid upgrades may be necessary as adoption increases.</li><li>A transition to EVs can decrease oil dependence, positively impacting the US economy by reducing reliance on foreign providers and stabilizing oil prices.</li></ul>

Are Electric Vehicles Good or Bad for the Economy?

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