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

Sónia Almeida Neves, António Cardoso Marques and José Alberto Fuinhas ()

Research in Transportation Economics, 2019, vol. 74, issue C, 28-39

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.

Keywords: Battery electric vehicles; Plug-in hybrid electric vehicles; PCSE; Principal component analysis; European union (search for similar items in EconPapers)
JEL-codes: D12 L62 N74 Q42 Q48 R41 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (34)

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DOI: 10.1016/j.retrec.2018.12.001

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