This comprehensive systematic review explores the multifaceted impacts of electric vehicle (EV) adoption across technological, environmental, organizational, and policy dimensions. Drawing from 88 peer-reviewed articles, the study addresses a critical gap in the existing literature, which often isolates the impact of EV adoption without considering holistic effects. Technological advancements include innovations in the battery technology and energy storage systems, enhancing EV performance and mitigating range anxiety. The environmental analysis reveals substantial reductions in greenhouse gas emissions, with lifecycle assessments showing significant reductions for EVs compared to internal combustion engine vehicles, particularly when charged with renewable energy sources. Key comparisons include lifecycle emissions between mid-size battery electric vehicles (BEVs) and internal combustion engine vehicles (ICEVs), and global average lifecycle emissions by powertrain under various policy scenarios. The organizational implications are evident, as businesses adopt new models for fleet management and logistics, leveraging EVs for operational efficiency and sustainability. Policy analysis underscores the crucial role of government incentives, regulatory measures, and infrastructure investments in accelerating EV adoption. The review identifies future research areas such as efficient battery recycling methods, the potential impact of EVs on grid stability, and long-term economic implications. This study offers insights for stakeholders aiming to foster sustainable transportation and achieve global climate goals.