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California ARB mods to ZEV regulations for IVMs would result in ~1.9% drop in total ZEV/TZEV units 2018-2025; no impact on air quality requirements

Green Car Congress

In addition, although many experts say that the solution to our energy and climate problems is sending the correct price signals to industry and consumers, the transport sector’s behavior is highly inelastic in that it does not change significantly in response to changes in fuel prices, at least in the range that is politically acceptable.

2018 257
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MIT Energy Initiative report on transforming the US transportation system by 2050 to address climate challenges

Green Car Congress

Overall, we have substantial opportunities for reducing environmental and climate impacts from light-duty road vehicles. From our studies of vehicle electrification, we have concluded that PHEVs offer the most viable path toward powering more vehicle miles with electricity. BP, Chevron, Concawe, the Department of Energy U.S.-China

MIT 150