Investigating the impact of policies, socio-demography and national commitments on electric-vehicle demand: Cross-country study

Minal Chandra

Journal of Transport Geography, 2022, vol. 103, issue C

Abstract: This study envisages to investigate the hurdles in widespread usage of Electric-Vehicles(EVs) on a global scale by using cross-country panel data. This paper empirically studies the impact of wide range of parameters like policies & incentives, national commitments, socioeconomic factors, charger infrastructure, fuel price and renewables on cross-country EV demand by using two-way Fixed Effect Model. Policies like setting up of EV and charger targets, providing fiscal subsidies and sociodemographic factor of age and Gross Domestic Product/capita, higher renewable energy production and higher number of chargers have a positive impact on EV demand. High Gasoline price has a positive effect on Battery EVs demand while regions of lower population density like non-urban areas are more likely to adopt EVs. Also, national commitments to initiatives like EV30@30 is observed to have mostly positive impact across different factors suggesting that green initiatives positively impact the national EV demands. Based on the obtained results, relevant policy implications are discussed.

Keywords: Electric vehicle demand; Panel data; Two-way fixed effect model; Socioeconomic factors; National commitments; Fuel price (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jotrge:v:103:y:2022:i:c:s0966692322001338

DOI: 10.1016/j.jtrangeo.2022.103410

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