2020
DOI: 10.1016/j.tra.2019.11.004
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An in-depth examination of electric vehicle incentives: Consumer heterogeneity and changing response over time

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Cited by 53 publications
(30 citation statements)
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“…Surveys of PEV buyers, stated preference studies with the general population, and studies analyzing PEV sales all show that incentives are important in encouraging buyers to purchase PEVs [29]. However, high-income buyers would purchase PEVs regardless of incentive availability [11], while lower income buyers' purchase decisions are more dependent on incentives [30,31]. Despite this, recipients of incentives are predominantly high-income buyers in predominantly white communities [32].…”
Section: Electric Vehicle Buyersmentioning
confidence: 99%
See 1 more Smart Citation
“…Surveys of PEV buyers, stated preference studies with the general population, and studies analyzing PEV sales all show that incentives are important in encouraging buyers to purchase PEVs [29]. However, high-income buyers would purchase PEVs regardless of incentive availability [11], while lower income buyers' purchase decisions are more dependent on incentives [30,31]. Despite this, recipients of incentives are predominantly high-income buyers in predominantly white communities [32].…”
Section: Electric Vehicle Buyersmentioning
confidence: 99%
“…This program improved the equitable distribution of incentives, and other regions could consider implementing similar incentive designs to ensure funding is preserved for those that need it, rather than high-income buyers who would purchase an electric vehicle anyway [11]. Introducing purchase price caps and income caps early in PEV market penetration may be beneficial since early buyers' purchase decisions are less reliant on incentives than later buyers [31]. Both the Clean Cars 4 All and CVRP programs frequently experience funding shortages and cannot provide incentives due to the cyclical nature of funding.…”
Section: Figurementioning
confidence: 99%
“…Early adopters are crucial to creating the positive "word of mouth" praise that boosts the commercial fortunes of new technologies. Once PEV commercialization proceeds beyond the early adopters, it becomes more important for the PEV to have a tangible value proposition related to a household's transport needs [14].…”
Section: Consumer Perspectivesmentioning
confidence: 99%
“…It seems that despite the existence of incentives to support electromobility, and governments working on such solutions in many others, competition with conventionally powered vehicles is difficult. Consequently, it is expected that the diffusion of cars with an alternative drive other than internal combustion engine will largely depend on subsidies for their purchase or other forms of financial gratification, such as tax reduction [42] or exemption from parking fees in zero-emissivity zones [43]. Adler et al [44] examined the purchasing preferences for natural gas and hybrid vehicles (NEVs) in California, CA, USA.…”
Section: Factors In Making Decisions By Consumers On the Afv Marketmentioning
confidence: 99%