Presented to CARB’s Public Work Group Meeting to Discuss the Clean Vehicle Rebate Project, June 30th, 2021.
Provides updated data related to the manufacturer’s suggested retail price (MSRP) of rebated vehicles:
- 92% of rebated vehicles had model-minimum MSRPs below $40,000 before incentives (model year 2019).
- At model-minimum MSRP greater than $60,000, rebate influence decreases substantially (2019 purchases/leases).
- Rebate influence by MSRP shown overall, for Tesla compared to non-Tesla vehicles, and for cars compared to SUVs/vans.
Posting revised March 2022 for ADA compliance.