Electric vehicles (EVs) are gaining more and more traction as a viable option in the automotive sector. This mode of transportation is currently on track, according to current trends, to totally replace internal combustion engine (ICE) cars in the not-too-distant future. The economic system, the energy infrastructure, and the environment are just a few of the areas where electric vehicles could have a major impact. The transportation industry produces the second-most carbon dioxide gas from the combustion of fossil fuels, making it the second-highest contributor to global warming. A lot of people are looking to EVs, or electric vehicles, as a possible game-changing answer to this problem. Since an electric motor drives the electric vehicle’s propeller instead of an internal combustion engine, electric vehicles can reduce their carbon dioxide (CO2) emissions compared to traditional automobiles. If coupled with renewable energy sources, EVs might theoretically become emission-free automobiles. In this paper, we will examine the various EV drive circuit types, including their construction and the benefits and drawbacks of employing each. This article discusses the current state of battery technology with an emphasis on EV batteries. This article discusses the best electric motor for EVs in terms of efficiency, power density, fault tolerance, dependability, cost, and more. Next, we conduct in-depth research into the difficulties and potential rewards of EV adoption in the future. While improvements in areas like charging times and battery performance are encouraging, government regulation of EVs remains a big non-technical barrier.