Examining the Influence of Alternative Fuels\u27 Regulations and Incentives on Electric-Vehicle Acquisition

States and federal administrations in America provide regulations and incentives to promote the utilization of alternative fuels. The contents and effects of such regulations and incentives have yet been explored to a great extent. This study evaluates the content and impact of the incentives and regulations on electric vehicle (EV) acquisitions using text mining and the negative binomial (NB) regression. Findings indicate that western states have a relatively higher number of EVs per million residents. Moreover, the NB results show that rebates and grants are associated with more EVs. On the other hand, exemptions and tax incentives are associated with lower EVs acquired. Loan incentives are associated with an increase in the acquisition of EVs but are statistically insignificant. Furthermore, air quality and emissions-related regulations are associated with the increased acquisition of EVs. The findings may assist agencies in identifying best practices and policies to promote alternative fuels