Drivers and challenges of electric vehicles integration in corporate fleet: An empirical survey

Giacomo Di Foggia

No b3e56, SocArXiv from Center for Open Science

Abstract: Low-carbon economy roadmaps aim to reduce transport emissions by relying, at least to some extent, on electric vehicles. The uptake of electric vehicles on a mass scale requires the simultaneous adoption of such vehicles for private and commercial purposes. Although literature regarding the private sphere is consistent, there is comparatively less empirical research seeking to explain the factors that enable and hinder the uptake of electric vehicles at a commercial level at which fleet managers have a prominent role. Based on an empirical survey conducted in Italy, this paper investigates the role of technical and financial information in fleet managers’ procurement decision-making. Results suggest a lack of awareness regarding technical characteristics of vehicles, given that 59% of the fleet managers surveyed scored low to medium. Furthermore, a misalignment related to the expected investment payback period was observed, considering that 49% declared that they expect a payback period within three years. Given that exposure to electric vehicles within fleets constitutes an incentive for private purchase, well-designed policies for corporate fleets’ electrification would lead to remarkable growth of the electric vehicles market.

Date: 2021-02-11
New Economics Papers: this item is included in nep-ene, nep-env and nep-tre
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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:osf:socarx:b3e56

DOI: 10.31219/osf.io/b3e56

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