Understanding the trade-offs involved in driving economic growth in the transition to electric vehicles

Alabi, Oluwafisayo and Katris, Antonios and Calvillo, Christian and Turner, Karen and Stewart, Jamie (2021) Understanding the trade-offs involved in driving economic growth in the transition to electric vehicles. [Report]

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    Abstract

    The decarbonisation of transport is a key component of reaching mid-century net zero targets now set in statute across the UK. Previous work at CEP has shown that upgrading the electricity network and the wider roll-out of electric vehicles (EVs) can ultimately deliver net benefits across the economy. This policy brief builds on our previous work to focus attention on important trade-offs associated with the roll-out including electricity price impacts, labour supply constraints and wider price pressures.

    ORCID iDs

    Alabi, Oluwafisayo ORCID logoORCID: https://orcid.org/0000-0002-3560-5929, Katris, Antonios ORCID logoORCID: https://orcid.org/0000-0001-9352-2307, Calvillo, Christian ORCID logoORCID: https://orcid.org/0000-0002-5495-6601, Turner, Karen and Stewart, Jamie;