Accelerating Equitable
EV Adoption
Ed de la Fuente
Sr. Program Manager
Access to Cars
August 2024
Keys to Equitable EV Adoption
AFFORDABILITY
• Lower the Purchase Price
• Financing Programs
AWARENESS & EDUCATION
• Educate on available programs
• EV experience
• Address misinformation
CHARGING
• Access to charging by location
• Affordable charging
Prices Starting to Lower
Prices are moving lower:
Source: International Energy Agency, Global EV Outlook 2024
2023 - most EV models $75k - $100k
2024 - most EV models $50k - $75k
2024 – models in $40k - $50k have
more than doubled!
Used EV market growing,
enabling affordability
More is needed . . .
Income-qualified Incentives
Some states have created EV incentives with larger rebates for lower income HH.
These apply in addition to the Federal IRA tax credits.
”WA EV Instant Rebates”
up to $5,000 new
up to: $2,500 used
”Efficiency Maine”
up to: $7,500 new
up to: $2,500 used
“VT EV Incentives” and
”MileageSmart VT”
up to $10,000 new
up to: $5,000 used
”CA Clean Cars 4 All”
up to $12,000 new
up to: $12,000 used
”MA MOR-EV”
up to $5,000+ new
up to: $5,000 used
Towards Equitable EV Adoption
FORTH drives collaborative
programs for Equitable EV
Adoption
POLICY RESEARCH & ADVOCACY
EV OUTREACH & EDUCATION
EV CARSHARE WITH AND FOR CBO’S
FORTH’s ACCESS TO CARS PROGRAMS
EV LOAN PROGRAMS
Thank You!
Photo @Dylan
VanWeelden
Ed de la Fuente
Sr. Program Manager
Access to Cars
edd@forthmobility.org

Accelerating Equitable EV Adoption by Ed de la Fuente

  • 1.
    Accelerating Equitable EV Adoption Edde la Fuente Sr. Program Manager Access to Cars August 2024
  • 2.
    Keys to EquitableEV Adoption AFFORDABILITY • Lower the Purchase Price • Financing Programs AWARENESS & EDUCATION • Educate on available programs • EV experience • Address misinformation CHARGING • Access to charging by location • Affordable charging
  • 3.
    Prices Starting toLower Prices are moving lower: Source: International Energy Agency, Global EV Outlook 2024 2023 - most EV models $75k - $100k 2024 - most EV models $50k - $75k 2024 – models in $40k - $50k have more than doubled! Used EV market growing, enabling affordability More is needed . . .
  • 4.
    Income-qualified Incentives Some stateshave created EV incentives with larger rebates for lower income HH. These apply in addition to the Federal IRA tax credits. ”WA EV Instant Rebates” up to $5,000 new up to: $2,500 used ”Efficiency Maine” up to: $7,500 new up to: $2,500 used “VT EV Incentives” and ”MileageSmart VT” up to $10,000 new up to: $5,000 used ”CA Clean Cars 4 All” up to $12,000 new up to: $12,000 used ”MA MOR-EV” up to $5,000+ new up to: $5,000 used
  • 5.
    Towards Equitable EVAdoption FORTH drives collaborative programs for Equitable EV Adoption POLICY RESEARCH & ADVOCACY EV OUTREACH & EDUCATION EV CARSHARE WITH AND FOR CBO’S FORTH’s ACCESS TO CARS PROGRAMS EV LOAN PROGRAMS
  • 6.
    Thank You! Photo @Dylan VanWeelden Edde la Fuente Sr. Program Manager Access to Cars edd@forthmobility.org