Study concludes US CAFE regulation can accelerate EV market penetration

10 Jul 2017   Electric Cars

In a new study, a team from the University of Central Florida and MIT has found that the US Corporate Average Fuel Economy (CAFE) Standards is an effective policy solution that does increase the adoption of EVs, whether it is implemented alone or in conjunction with another policy such as government incentives. In a study published in the journal Energy Policy , the researchers developed an agent-based model to estimate the potential future market shares of EVs considering the existing inherent uncertainties under different policy scenarios, including the current footprint-based CAFE regulation. Under the current CAFE standards, the determination of a manufacturer’s compliance is based on the annual production volume-weighted average fuel economy of a manufacturer’s vehicle fleet. If the average mpg of […]

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