This summary builds on prior work by CSE detailing the characteristics of EV rebate program participants with an aim to describe who benefitted from CVRP over the life of the program and how equitable it was relative to new-car buyers in the state. Select findings include:
- CVRP became considerably more equitable over the course of the program.
- Across each consumer characteristic measured, CVRP participants progressed substantially toward mainstream new-car buyers over time.
- By the final year of CVRP, metrics of race/ethnicity, income, and age had reached or surpassed mainstream new-car buyer levels while metrics of gender, education, and homeownership had not.
- The Increased Rebate and other equity-focused program changes were effective in directing rebate funds toward lower-income consumers.
- Targeting income-qualified consumers and other strategic consumer segments can help move the characteristics of program participants closer to, or further beyond, those of mainstream car buyers.
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