Analysis of Manufacturer Plug-In Electric Vehicle Incentives

Campbell, Russ; Zhou, Yan; Lin, Zhenhong; Ward, Jacob

doi:10.3390/wevj8040846

Volume 8, Issue 4

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World Electric Vehicle Journal is published by MDPI from Volume 9 issue 1 (2018). Articles in this Issue were published by The World Electric Vehicle Association (WEVA) and its member the European Association for e-Mobility (AVERE), the Electric Drive Transportation Association (EDTA), and the Electric Vehicle Association of Asia Pacific (EVAAP). They are hosted by MDPI on mdpi.com as a courtesy and upon agreement with AVERE.

Open AccessArticle

Analysis of Manufacturer Plug-In Electric Vehicle Incentives

Russ Campbell^1,*, Yan Zhou², Zhenhong Lin³ and Jacob Ward⁴

Corresponding author: SRA International, a CSRA Company, Knoxville, TN 37932, USA

Argonne National Laboratory, Argonne, IL 60439, USA

National Transportation Research Center, Oak Ridge National Laboratory, Knoxville TN, 37932, USA

⁴

Vehicle Technologies Office, U.S. Department of Energy, Washington, D.C. 20585, USA

Author to whom correspondence should be addressed.

World Electr. Veh. J. 2016, 8(4), 846-857; https://doi.org/10.3390/wevj8040846

Published: 30 December 2016

PDF [797 KB, uploaded 17 May 2018]

Abstract

Vehicle manufacturers offer incentives in an attempt to encourage consumers to purchase or lease new vehicles. Similarly federal and local governments offer incentives to help build and maintain a market for plug-in electric vehicles (1). This paper analyzes manufacturer cash rebates and special lease offers and presents a comparison of plug-in electric vehicle incentives by manufacturer, technology, geographic area, and time period. How these manufacturer plug-in electric vehicle incentives relate to vehicle sales as well as state and federal government incentives is also investigated.

Keywords: Incentive; EREV (extended range electric vehicle); EV (electric vehicle)

This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).