Optimizing urban electric vehicle incentive policy mixes in China: Perspective of residential preference heterogeneity

Y.Q. Qiu, Adam Tsan Sheng Ng and Peng Zhou

Applied Energy, 2022, vol. 313, issue C, No S0306261922002410

Abstract: The large-scale diffusion of electric vehicles (EVs) helps pave the way towards carbon peak and neutrality goals, while it is affected by the governmental incentive policies at different levels. This paper studies the optimization of demand-side policy mixes from the perspective of residential preference heterogeneity with 18 EV pilot cities in China as the case. A latent class model is used to investigate urban residents’ preferences for demand-side policies and characterization of urban heterogeneities of the preferences. Valid survey data from 1455 respondents were collected from a stated preference experiment, which segmented urban residents into a “policy-sensitive” group (8.25% of the sample), “policy-indifferent” group (27.97%), and “policy-cognitive” group according to their preferences. The 18 pilot cities were grouped into three clusters according to the different compositions of the preference segments. Our analysis shows that it may not be necessary for the municipal governments to provide subsidies for the installations of home chargers currently. Besides, different optimized policy mixes of bus lane access privileges, replacement subsidies, toll discounts, and preferential parking fees for charging were proposed for the three clusters of cities. Our research paradigm applies to cities in other countries that need to optimize EV policy mixes.

Keywords: EV policies; Pilot cities; China; Latent class model; Heterogeneity (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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DOI: 10.1016/j.apenergy.2022.118794

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