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An Examination of the Impact That Electric Vehicle Incentives Have on Consumer Purchase Decisions Over Time

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  • Jenn, Alan
  • Lee, Jae Hyun
  • Hardman, Scott
  • Tal, Gil

Abstract

We investigate the impacts of a combination of incentives on the purchase decisions of electric vehicle (EV) buyers in California from 2010 through 2017. We employ a comprehensive survey on over 14,000 purchasers of EVs in California. The survey covers a range of purchase intentions, general demographics, and the importance of various incentives. Our results indicate that the most important incentives for plug-in electric vehicle (PEV) owners are the federal tax credit, the state rebate, and HOV lane access. In addition, the importance of the incentives and their associated effect on purchase behaviour has been changing over time: respondents are more likely to change their decisions and to not buy a vehicle at all as time passes and the technology moves away from early adopters.

Suggested Citation

  • Jenn, Alan & Lee, Jae Hyun & Hardman, Scott & Tal, Gil, 2019. "An Examination of the Impact That Electric Vehicle Incentives Have on Consumer Purchase Decisions Over Time," Institute of Transportation Studies, Working Paper Series qt0x28831g, Institute of Transportation Studies, UC Davis.
    • Handle: RePEc:cdl:itsdav:qt0x28831g
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    References listed on IDEAS

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    9. Hardman, Scott & Chandan, Amrit & Tal, Gil & Turrentine, Tom, 2017. "The effectiveness of financial purchase incentives for battery electric vehicles – A review of the evidence," Renewable and Sustainable Energy Reviews, Elsevier, vol. 80(C), pages 1100-1111.
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    Cited by:

    1. Wood, Liza & Scott, Tyler A., 2022. "Transportation agencies as consumers and producers of science: The case of state, regional, and county transportation agencies in California," Transport Policy, Elsevier, vol. 128(C), pages 153-165.
    2. Chakraborty, Debapriya & Bunch, David S. & Brownstone, David & Xu, Bingzheng & Tal, Gil, 2022. "Plug-in electric vehicle diffusion in California: Role of exposure to new technology at home and work," Transportation Research Part A: Policy and Practice, Elsevier, vol. 156(C), pages 133-151.

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    Keywords

    Engineering; Electric vehicles; incentives; high occupancy vehicle lanes; consumer behavior; automobile ownership;
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