State Policy Design for Opening EV Floodgates

The Strid Energy Report for November 2019 addresses EV policy design. Electric vehicles (EVs) are approaching cost tipping points that will trigger rapid adoptions. Mainstream EVs will reach purchase-price parity in the 2020’s.

The co-benefits of vehicle decarbonization include huge cost savings on fuels, healthcare, and maintenance; plus benefits to local jobs, resilience, and grid assets. There are three remaining EV adoption barriers: purchase-price gaps, charging infrastructure gaps, and incumbent industry sectors. 

State-level policies can accelerate or decelerate EV adoptions and the attendant savings; details for Oregon are used to illustrate effective EV policy options.

Read the full report here.