Effectiveness of electric vehicle incentives in the United States
By A. Jenn, Katalin Springel, Anand R. Gopal. Energy Policy, 2018
341 citations recorded by the source corpus.
Abstract Transportation accounts for 28% of total energy use and 26% of carbon emissions in the US, and battery electric and plug-in hybrid electric vehicles are promising options to decarbonize transportation. Federal and state governments, electric utility operators, and a number of other entities have provided support to accelerate electric vehicle purchases via monetary and non-monetary incentives. In this paper, we evaluate the effect of these incentives on the adoption of electric vehicles. We find that every $1000 offered as a rebate or tax credit increases average sales of electric vehicles by 2.6%. We also find that HOV lane access is a significant contributor to adoption, the effect is a 4.7% increase corresponding to density of HOV lanes (every 100 vehicles per hour). In addition, we introduce a novel variable to capture consumer knowledge of EVs and associated incentives in our model to help explain the state level heterogeneity in response to incentives and find that raising consumer awareness is critical to the success of EV incentive programs.
Subfields: Electrical and Electronic Engineering, Pollution, Renewable Energy, Sustainability and the Environment
View Paper: https://www.semanticscholar.org/paper/42e05bf424717fccb36eb7ab8d24e671601f753f
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In Electrical and Electronic Engineering
In Pollution
In Renewable Energy, Sustainability and the Environment
Citations in the corpus
- Understanding the impact of reoccurring and non-financial incentives on plug-in electric vehicle adoption – A review (2019, background): “Studies analysing sales data have found a correlation between PEV adoption in the USA and California, and HOV lanes (Jenn et al., 2018; Lutsey et al., 2016; Narassimhan and Johnson, 2018; Sheldon and DeShazo, 2017).”