Accelerating Equitable EV Adoption by Ed de la Fuente

Ed de la Fuente, Senior Program Manager at Forth, gave this presentation at the Forth Accelerating Equitable EV Adoption webinar on August 13, 2024.

1. Accelerating Equitable EV Adoption Ed de la Fuente Sr. Program Manager Access to Cars August 2024

2. 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

3. 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 . . .

4. 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

5. 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

6. Thank You! Photo @Dylan VanWeelden Ed de la Fuente Sr. Program Manager Access to Cars [email protected]