• Rebate Importance: enabler of EV acquisition for 88% (up from 82% in 2020).
  • Rebate Essentiality: steady in to 2022 (had decreased in 2020, primarily for Tesla consumers, followed by decreases for non-Tesla in 2021).
    • 33% for Teslas, 32% for PHEVs (down from 38% in ‘21), 41% for non-Tesla BEVs
    • However, remained strong at 50% for Increased Rebate recipients
  • Expensive/attractive offerings (long-range BEVs, Teslas) were less frequently Rebate Essential, but influence on Tesla SUVs increased.
  • Rebate influence decreases as MSRP increases.
    • Evidence still weak for MSRP caps below $60k for Increased Rebates.
  • Slides describe process for converting results into a “Free Rider Abatement Curve” to rank-order program-design recommendations.