31 Oct '14, 7pm

ICCT study finds state EV incentives playing a significant role in driving sales

ICCT study finds state EV incentives playing a significant role in driving sales

Some types of incentives appear to be more effective in driving electric vehicle sales than others. A stepwise regression analysis shows that the most effective incentives are subsidies; carpool lane access; and emissions testing exemptions initiatives. In addition, a basic benefit-to-cost analysis that compares incentives’ benefits to consumers to state spending shows that public charger availability is an especially cost-effective incentive for BEV owners, and carpool lane access is cost effective for electric vehicle owners. Further research is needed to more deeply analyze the impact of other factors on electric vehicle sales. Many factors remain outside the scope of this state-level assessment, the researchers said. Examples of electric vehicle promotion actions not included in the study were those related to R&D programs; fleet-specific policy; vehicle regulations; l...

Full article: http://www.greencarcongress.com/2014/10/20141031-icct.html

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