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Presentation: "CVRP CY 2019 Data Brief: Vehicle Replacement & Incentive Influence"

Provides updated data characterizing select CVRP outcomes for calendar-year 2019 purchases/leases:

Vehicles replaced by rebated EVs:

  • 85% of rebated EVs replaced older, more polluting vehicles
  • >77% of replaced vehicles were gasoline-fueled; over half were model-year 2013 or older

Incentive influence:

  • 90% found the rebate an important enabler of EV acquisition; 54% would not have purchased/leased without it
  • At MSRP greater than $60k, rebate influence decreases (e.g., Rebate Essentiality decreases to ~35%)
  • Rebate influence and federal-tax-credit influence are similar: over half rated federal tax credit an extremely important enabler