The impact of policy measures on consumer intention to adopt electric vehicles: Evidence from China

Wang, Shanyong; Li, Jun; Zhao, Dingtao

doi:10.1016/j.tra.2017.08.013

Cited by 168 publications

(109 citation statements)

References 33 publications

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“…Therefore, the majority of previous studies have analyzed the stated preference of consumers through surveys, mainly for countries in which the EVs are relatively more deployed than others. For example, US [14,[23][24][25][26], China [8,16,27], Norway [28], Sweden [4,29], Netherlands [30], UK [31], Germany [17], and Spain [15] were studied and some of the research were conducted from a global perspective [18,32]. In the eco-car market, the consumer's "attitude-action gap" is significant [19,20], so the research based on the stated preferences have limitations in that they are often far from what is actually happening in the actual market [23,33].…”

Section: Literature Reviewmentioning

confidence: 99%

“…As the EV market is an emerging market, then the amount of publicly available data is somewhat lacking. For this reason, the existing works of literature mostly carried out the survey regarding the specific circumstances for which consumers would buy EVs [14][15][16], or who would buy EVs [17,18]. However, there exists the "attitude-action gap" of consumers in an emerging market, especially the market for green innovation products [19,20].…”

Section: Introductionmentioning

confidence: 99%

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Key Drivers behind the Adoption of Electric Vehicle in Korea: An Analysis of the Revealed Preferences

Kim

Heo

2019

Sustainability

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Electrification of passenger cars is one of the most popular ways to decarbonize the transportation sector and to reduce local air pollutants. Many researches have tried to examine what will be the driving factors to achieve the widespread adoption of electric vehicles (EVs). In this study, we analyzed the factors for EV adoption with the data of revealed preference from 2013 to 2017 in Korea. Analyses showed that the driving range of EVs and financial incentives have a positive impact on EV deployment. Also, the driving range is found to be the most critical factor explaining the market growth of EVs. The results suggest that technical improvement increases the value of EVs and in turn raises the probability of consumers’ decision to purchase EVs. Financial incentive as well can encourage consumers to buy EVs, however, is not strong enough to create transitions from internal combustion engine vehicles (ICEVs) to EVs.

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Section: Literature Reviewmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Key Drivers behind the Adoption of Electric Vehicle in Korea: An Analysis of the Revealed Preferences

Kim

Heo

2019

Sustainability

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“…In China, governments has put forward the strategy of "Energy Saving and Electric Vehicles", and almost all of the major car manufacturers are demonstrating their interest in EVs [5]. However, owing to the early stage of EV development in China, there are significant gaps between consumer expectations and EV performance, such as limited driving range, high purchasing price, long Sustainability 2018, 10, 672 2 of 28 charging time, and insufficient charging stations, which will limit market size and result in automobile manufacturers hesitating to enter the EV market [6,7].…”

Section: Introductionmentioning

confidence: 99%

Manufacturing Decisions and Government Subsidies for Electric Vehicles in China: A Maximal Social Welfare Perspective

et al. 2018

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In order to address challenges in the sustainable development of transportation, economy, and environment, governments of China and conventional automobile manufacturers are extremely concerned about the development of the electric vehicle (EV) manufacturing industry and market. However, owing to the limitations of EVs and the government economic policies on decreasing subsidies in China, many manufacturers are worried about entering the EV market. Given the low consumer preference for EVs, using a leader-follower Stackelberg game model, we investigate the impact of government a subsidy on the optimal production and pricing decisions of an auto manufacturer who could produce both EVs and conventional vehicles. We characterize whether/under what conditions the manufacturer's decision to offer EV products under government subsidy, whilst increasing its profits (a win-win situation). On the policy side, we delineate how government a subsidy can be set to realize the inherent economic, environmental, and social benefits of EV production (the triple win of EV production). We further investigate the impact of EV manufacturing-and society-related factors on the balance among manufacturer profits, environmental impact and social welfare. This study also finds that the adoption of EVs is not bound to be beneficial for the environment.

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“…Furthermore, the Chinese and Norwegian practices of successive NEV adoption are very important for the global society. We are happy to see the growing number of articles analyzing Chinese NEV policies (see, for example [16,17,19,41]). We strongly hope that these valuable studies will find their readers among policymakers from other countries.…”

Section: Nev Market Growth Risksmentioning

confidence: 99%

“…There are some publications on the subject. We can mention the recent perspective paper of Bresser et al [13], the earlier detailed review by Z. Rezvani et al [14], and some publications about EV adoption in China [15][16][17][18][19]. Of course, we have definitely missed some more interesting publications about EV market progress, but, in any case, we want to mention that the significant part of such publications are original research papers, focused on some specific areas.…”

Section: Introductionmentioning

confidence: 98%

Main Drivers of Battery Industry Changes: Electric Vehicles—A Market Overview

Pelegov

Pontes

2018

Batteries

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The growing popularity of electric vehicles is one of the main drivers of battery industry transformation. Words like “transport system decarbonization”, “electromobility”, and “environmental-friendly society” are very popular today, but questions remain as to how to measure electric vehicles’ adoption progress and how this transition changes the battery industry. This perspective paper provides a review of the electric cars and buses market, estimates the production volumes of some other electric vehicle types, and discusses the role of traction batteries in the global battery market. A simple estimation of the sales rate allows us to evaluate the prospects of electric vehicle adoption in leading countries. Finally, the application of the main battery chemistries is reviewed and topical issues to the research society are addressed and formulated.

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The impact of policy measures on consumer intention to adopt electric vehicles: Evidence from China

Cited by 168 publications

References 33 publications

Key Drivers behind the Adoption of Electric Vehicle in Korea: An Analysis of the Revealed Preferences

Key Drivers behind the Adoption of Electric Vehicle in Korea: An Analysis of the Revealed Preferences

Manufacturing Decisions and Government Subsidies for Electric Vehicles in China: A Maximal Social Welfare Perspective

Main Drivers of Battery Industry Changes: Electric Vehicles—A Market Overview

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