A Study on the Formation and Distribution Mechanisms of the Demand for Shared Electric Vehicles

Abstract

With the decarbonization of the transportation sector and the diversification of travel demand, the development of shared electric vehicles has become crucial. Based on survey data of travel mode and destination of shared electric vehicles in Beijing, this paper aims to explore the formation and distribution mechanisms of the demand for shared electric vehicles. First of all, a multi-index and multi-cause (MIMIC) model was established to quantify the psychological latent variables that cannot be directly observed and to analyze the mechanisms between individual socio-demographic attributes and latent variables. Secondly, these psychological latent variables were added to mixed logit (ML) models as explanatory variables to form hybrid choice models to explore the travel mode choice behavior and travel destination choice behavior, respectively, when using shared electric vehicles for leisure travel. The results show that potential users of shared electric vehicles are characterized by higher education, employees of enterprises, no car availability and high driving years, and most of them travel for the purpose of connecting to transport hubs. Latent variables such as individual carbon trading, subjective norms, risks and behavioral intentions all affect the demand for shared electric vehicles; in-car time, out-of-car time, travel cost and the number of subway stations have negative impacts on the demand, while mall properties and the number of parking lots have positive impacts on the demand. Furthermore, the use of shared electric vehicles is highly correlated with the use of cars and subways, and part of the travel demand could be transferred to shared electric vehicles by taking certain measures.