Electric Vehicle Technology has emerged as one of the most promising solutions for sustainable transportation in the modern world. Electric Vehicles (EVs) use electric motors powered by rechargeable batteries instead of conventional internal combustion engines that rely on fossil fuels. The increasing concerns regarding environmental pollution, global warming, and depletion of fossil fuel reserves have accelerated the development and adoption of EVs worldwide. Electric vehicles offer numerous advantages, including reduced greenhouse gas emissions, lower operating costs, improved energy efficiency, and decreased dependence on petroleum products. Recent advancements in battery technology, charging infrastructure, and power electronics have significantly enhanced EV performance and reliability. This research paper discusses the concept, history, components, working principles, advantages, disadvantages, applications, challenges, and future prospects of Electric Vehicle Technology.