2017
DOI: 10.1016/j.rser.2017.05.255
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The effectiveness of financial purchase incentives for battery electric vehicles – A review of the evidence

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Cited by 251 publications
(107 citation statements)
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References 24 publications
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“…Rebates are more effective than tax credits. This finding is in line with studies that have pointed out that incentives closer to the point of sale are more effective, likely due to hyperbolic discounting by consumers of rewards that arrive later (Hardman et al 2017, Yang et al 2016, IEA 2017 Tax credits and rebates may be less effective on PHEVs than BEVs because their incremental cost (over a traditional gasoline vehicle) is lower. States such as Washington and Oregon registered a higher number of PHEV purchases with nearly insignificant amount of sales tax incentive or no tax incentive.…”
Section: Discussionsupporting
confidence: 78%
See 1 more Smart Citation
“…Rebates are more effective than tax credits. This finding is in line with studies that have pointed out that incentives closer to the point of sale are more effective, likely due to hyperbolic discounting by consumers of rewards that arrive later (Hardman et al 2017, Yang et al 2016, IEA 2017 Tax credits and rebates may be less effective on PHEVs than BEVs because their incremental cost (over a traditional gasoline vehicle) is lower. States such as Washington and Oregon registered a higher number of PHEV purchases with nearly insignificant amount of sales tax incentive or no tax incentive.…”
Section: Discussionsupporting
confidence: 78%
“…Doing so allows us to account for the marginal diminishing value to tax incentives on vehicles with higher MSRP. Based on a review of existing PEV literature synthesized in Hardman et al (2017), we also included HOV lane access as a factor likely to influence PEV adoption. Since nearly 80% of PEV owners charge at home (INL 2015, Plug Insights 2013, the availability of discounts at the state and local level for home EVSE installation and reduced utility charges for nightly charging are also included as factors that may influence PEV adoption.…”
Section: State Level Incentivesmentioning
confidence: 99%
“…Especially in studies with revealed preference data these effects are found to be insignificant. Significant effects are found for financial policy measures (Hardman, Chandan, et al, 2017) which directly influence the internal factors of the car. Policy measures such as free parking (Cherchi, 2017;Fearnley, Pfaffenbichler, Figenbaum, & Jellinek, 2015;Hoen & Koetse, 2014) and access to HOV/Bus lines (Bjerkan et al, 2016;Chorus, Koetse, & Hoen, 2013) have provided mixed evidence in support of a positive effect on EV purchase intention.…”
Section: Ev Purchase Intentions and Charging Infrastructurementioning
confidence: 99%
“…
This is the autho s e sio of a o k that was published in the following source: Hardman, S.; Jenn, A.; Beard, G.; Daina, N.;Figenbaum, E.; Jochem, P. E. P.; Kinnear, N. A. D.; Pontes, J. P.;Refa, N.;Turrentine, T. S.; Witkamp, B. (2018).
AbstractThis paper presents a literature review of studies that investigate infrastructure needs to support the market introduction of plug-in electric vehicles (PEVs).
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mentioning
confidence: 99%
“…This is the autho s e sio of a o k that was published in the following source: Hardman, S.; Jenn, A.; Beard, G.; Daina, N.;Figenbaum, E.; Jochem, P. E. P.; Kinnear, N. A. D.; Pontes, J. P.;Refa, N.;Turrentine, T. S.; Witkamp, B. (2018).…”
mentioning
confidence: 99%