Lew Fulton – STEPS Program Co-director, Institute of Transportation Studies, University of California, Davis
Gil Tal – Researcher, Plug-In Hybrid & Electric Vehicle Research Center, Institute of Transportation Studies, University of California, Davis
Julie Schiffman – Graduate Student, Institute of Transportation Studies, University of California, Davis
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 will highlight 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.