Investigation of the future of electric mobility in the EU: the dependency on the USA

Igor Taran ()
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Igor Taran: Politechnika Rzeszowska im. Ignacego Lukasiewicza, Rzeszow, Poland

Cognitive Sustainability, 2024, vol. 3, issue 4, 41-46

Abstract: The article aims to investigate the future of electric mobility in the EU as a dependency on the USA. Therefore, the political changes in the USA were investigated, as well as how they might influence European electric mobility. The future of European electric mobility is investigated based on competition in the European and U.S. energy markets. In the 1990s, the United States' energy production and consumption were dominated by fossil fuels, with petroleum, natural gas, and coal being the primary sources. The U.S. also relied heavily on imports. By 2023, the U.S. energy mix had diversified significantly, with petroleum and natural gas still leading at 38% and 36% of energy production, respectively, but with notable contributions from renewable energy sources (9%) and nuclear energy (9%). The shift towards renewable energy has been influenced by political dynamics, with Democratic administrations promoting clean energy policies and international climate agreements while Republican administrations focusing on fossil fuel extraction and energy independence. U.S. foreign policy also plays a crucial role in shaping energy imports and exports, with geopolitical factors and trade agreements impacting the energy landscape. The political climate, particularly the return of Donald Trump to the presidency, could significantly affect domestic and international energy policies, including the development of renewable energy and the market penetration of electric vehicles. In this article, the author investigates the theoretical connection between the U.S. presidency, U.S. energy policy, and its effect on the EU energy policy and electric vehicle market penetration.

Keywords: Fossil fuels; Energy mix; Renewable energy; Energy policy; Electric vehicles (search for similar items in EconPapers)
JEL-codes: F50 L94 Q48 (search for similar items in EconPapers)
Date: 2024
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DOI: 10.55343/CogSust.144

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