2020 | OriginalPaper | Chapter
Gasoline Savings from Electric Vehicles in the US
Authors : Tamara L. Sheldon, Rubal Dua
Published in: Who’s Driving Electric Cars
Publisher: Springer International Publishing
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Abstract
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In the US, gasoline consumption under a no clean vehicle scenario increases by 1.7%, compared with a 1.1% increase based on a conventional counterfactual.
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Many pivotal buyers would instead purchase premium brands and larger vehicles, leading to an increase in the share of light trucks, which are subject to less stringent, but more difficult to meet standards.
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Assuming a vehicle lifetime of 16 years, the conventional counterfactual overestimates the cost of gasoline savings from clean vehicle adoption incentives by $1.16 (27%) per gallon compared with the choice model-based counterfactual.