Costs of Battery Electric Vehicle Policy Incentives: Analysis and Results
Author(s):
M.P. Steadman, J.A. Kuzio, B.A. Glover
Publication Date:
December 2019
Abstract:
This study analyzed the cost of battery electric vehicle (BEV) incentives to the federal government and 14 state governments. These states were chosen because they have either recently enacted incentive programs or are considering new or additional incentive programs. BEV adoption is growing across the United States and consequently so is the use of financial incentive programs. This analysis focused on policies affecting consumer level BEV adoption and considers foregone revenue through decreased fuel tax revenue, the provision of tax credits, and reduced fees charged to BEV owners, as well as the cost of incentive programs, such as rebates and grants. States examined include:
1. Arizona
2. California
3. Colorado
4.Connecticut
5. Florida
6. Illinois
7. Maryland
8. Massachusetts
9. New Jersey
10. New York
11. North Carolina
12. Ohio
13. Oregon
14. Pennsylvania
Electronic Link(s):
Document/Product
http://tti.tamu.edu/documents/TTI-2019-8.pdf
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