The model simulates the local environmental (specifically greenhouse gas emissions), economic, and resource impacts of transitioning from internal combustion engine vehicles (ICEVs) to electric vehicles (EVs) for personal ownership in New York City in the context of a sustainable program of new energy vehicles, which is the context of the current era. To be realistic, we combine delay and stochasticity in this model to simulate the real world. By understanding the model, one can gain insight into the importance of EV penetration for sustainable development.