Understanding the Evolution of the Impact and Cost-Effectiveness of Electric Vehicle Subsidies

  • Focus Area Future of Transport and Fuel Demand Future of Transport and Fuel Demand
  • Type Commentary
  • Date 30 August 2020
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Abstract

Our previous research found that promoting plug-in electric vehicle (PEV) adoption through financial subsidies is expensive. In this commentary, we explore how the cost-effectiveness of the PEV subsidy program has evolved over time. To understand this evolution, we developed vehicle choice model-based counterfactual simulations using annual United States (U.S.) new vehicle market share and vehicle characteristics data for each of the model years (MYs) from 2011 to 2017.

Authors

Tamara Sheldon

Tamara Sheldon

Visiting Researcher Tamara is a visiting researcher at KAPSARC and an assistant professor of economics in the Darla Moore School of Business at… Tamara is a visiting researcher at KAPSARC and an assistant professor of economics in the Darla Moore School of Business at the University of South Carolina. Her research interests include environmental and energy economics and how these fields interact with public policy. She holds a Ph.D. in Economics from the University of California, San Diego.

Omar Al Harbi

Omar Al Harbi

Rubal Dua

Rubal Dua

Fellow Rubal is a research fellow at KAPSARC focused on understanding consumer decision making, in particular, consumer choice of energy-efficient technologies… Rubal is a research fellow at KAPSARC focused on understanding consumer decision making, in particular, consumer choice of energy-efficient technologies and mobility options under alternative technology and policy scenarios. Before joining KAPSARC, Rubal gained a Ph.D. at KAUST designing advanced carbon materials for energy and environmental applications, with a particular focus on energy storage, carbon capture, waste-water treatment, and hydrogen generation via solar water splitting. Prior to that, he worked at the University of Pennsylvania on a semiconductor industry-funded project, developing a continuum modeling framework for simulating the physics of micro defect formation in silicon crystals.

Expertise

  • Behavorial decision science
  • Consumer adoption
  • Energy-efficient mobility and shared autonomous mobility-on-demand

Publications See all Rubal Dua’s publications

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