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New auto market shares without feebates


Without a feebate (top graphs), no Revolutionary+ vehicles are adopted since their price plus their three-year fuel savings would exceed that of incrementally more efficient "evolutionary" vehicles. With a feebate (bottom graphs), Revolutionary+ vehicles become cost competitive with evolutionary ones, causing consumers to adopt the more efficient vehicle given their relative cost and enhanced fuel savings. U.S. projected electric vehicle stocks, 2010–2050.


See Reinventing Fire Transportation Methodology for modeling details link

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