The impact of national environmental policy on the global success of next-generation automobiles

Marian Beise and Klaus Rennings

International Journal of Energy Technology and Policy, 2004, vol. 2, issue 3, 272-283

Abstract: In this paper, we identify the most crucial factors of the potential world market success of alternative car designs: fuel cell vehicles (FCVs), hybrid electric vehicles (HEVs), battery electric vehicles (BEVs), and conventional fuel efficient vehicles (FEVs). We assess which vehicle concept is favoured under which regulation regime. We suggest that the global success of a certain technology critically depends on the ability of a regional lead market to leverage and transfer its local success, be it through large cost reductions or the international diffusion of a pioneering environmental regulation, etc. Due to the high cost of FCVs and the lack of strict regulation supporting this radical innovation, incremental innovations, such as new versions of conventional combustion engines and hybrid cars, have the best chances of becoming globally successful.

Keywords: regional lead markets; environmental technologies; zero-emission vehicles; fuel efficient cars; fuel cells; hybrid vehicles; electric vehicles; automotive energy; automobile industry; alternative fuels. (search for similar items in EconPapers)
Date: 2004
References: Add references at CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.inderscience.com/link.php?id=5159 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijetpo:v:2:y:2004:i:3:p:272-283

Access Statistics for this article

More articles in International Journal of Energy Technology and Policy from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().