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Technological progress and other factors behind the adoption of electric vehicles: Empirical evidence for EU countries

descriptionPublicationkeyboard_double_arrow_right Article , Journal 01 May 2019 Portugal Publisher:Elsevier BVJournal:Research in Transportation Economics, volume 74, pages 28-39 (issn: 0739-8859,

Authors: Neves, Sónia Almeida; Marques, António Cardoso; Fuinhas, José Alberto;

doi: 10.1016/j.retrec.2018.12.001

handle: 10400.6/6742

Technological progress and other factors behind the adoption of electric vehicles: Empirical evidence for EU countries

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Abstract

Abstract This paper aims to analyse the factors supporting the transition to new forms of mobility, namely Electric Vehicles (EV). For a deep understanding of these effects, we analysed EV, by dividing them into individual Battery Electric Vehicles (BEV), which are 100% electric, and Plug-in Hybrid Electric Vehicles (PHEV). The factors examined include: policy, social, economic, environmental, and technical. This paper uses data from 2010 to 2016 for a panel of the 24 EU countries. A Panel-Corrected Standard Errors (PCSE) estimator is used. When comparing the results of analysing BEV and PHEV individually, and all EV together, they prove to be quite different. This finding indicates that policies should be tailored to each individual technology, rather than a single one for all EV. The proxy used for technological progress is the increased use of both BEV and PHEV. The evidence is also provided that charging stations are drivers of electric mobility.

Country

Portugal

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Keywords

Battery electric vehicles, Plug-in hybrid electric vehicles, Principal component analysis, European union, PCSE

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