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The Influence of Government Incentives on Electric Vehicle Adoption: Cross-national Comparison

This paper examines the influence of political incentives which are set by the government and aim at promoting the adoption of electric vehicles (EVs). More specifically, battery electric vehicles (BEVs) and plug-in hybrid elec- tric vehicles (PHEVs) are considered. A classification and categoriz...

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Bibliographic Details
Published in:MAGKS - Joint Discussion Paper Series in Economics (Band 57-2017)
Main Authors: Fluchs, Sarah, Kasperk, Garnet (Dr.)
Format: Article
Language:English
Published: Philipps-Universität Marburg 2017
Subjects:
public policy
Wirtschaft
technology diffusion
electric vehicles
political incentives
Economics
Online Access:PDF Full Text
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Summary:This paper examines the influence of political incentives which are set by the government and aim at promoting the adoption of electric vehicles (EVs). More specifically, battery electric vehicles (BEVs) and plug-in hybrid elec- tric vehicles (PHEVs) are considered. A classification and categorization of different incentives is provided and specified for five countries, namely Norway, Netherlands, Germany, United States and China. Additionally, an empirical study was performed for China and the Netherlands employing the method of time series (TS) analysis. Results reveal that government incentives affect EV market penetration but exact effects differ for both country and type of EV. In China, especially direct rebates increase EV adoption under certain circumstances. In the Netherlands, PHEVs' market share increases more compared to BEVs' market share if both vehicle types receive the comparable incentives.
Physical Description:47 Pages
ISSN:1867-3678
DOI:10.17192/es2024.0553

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