California has set ambitious goals for increasing the number of zero-emission vehicles (ZEVs) on its roadways. Currently, California requires 3% of all vehicles sold in the state to be ZEVs and transitional ZEVs; and has set aside $75 million to provide rebates to consumers, which range from $900 to $5,000 per vehicle. Subsidies and incentives may be needed for zero-emission vehicles for a decade or more. What are options for a revenue neutral, self-sustaining vehicle tax incentives system? How would a system be structured so that it is acceptable to key stakeholders, fair across demographic/income groups and economically efficient? This webinar highlighted new analysis from the Institute of Transportation Studies, UC Davis, that examines six hypothetical fee structure scenarios that could provide a sustainable source of funding for California’s Clean Vehicle Rebate Program. The scenarios explore different options for setting vehicle fees based on CO2 emissions of individual non-ZEV vehicle models, adjustments to the amount paid by lower income groups, and adjustment of fees by Manufacturer’s Suggested Retail Price.
Download the Equity Impacts of Fee Systems to Support Zero-Emission Vehicle Sales in California presentation slides here.
This webinar builds upon a recently completed report from the National Center for Sustainable Transportation, which can be downloaded here.