The Global Diffusion of Electric Vehicles: Lessons from the First Decade

Shanjun Li, Binglin Wang, Muxi Yang and Fan Zhang

No 9882, Policy Research Working Paper Series from The World Bank

Abstract: Electrifying the transportation sector is key to reaching the goal of carbon neutrality. This paper provides a comprehensive analysis of the diffusion of passenger electric vehicles based on detailed data on model-level electrical vehicle sales across the world from 2013 to 2020. The analysis shows that the highly uneven electrical vehicle penetration across countries is partly driven by cross-country variation in incentives and especially in the availability of charging infrastructure. Investment in charging infrastructure would have been much more cost-effective than consumer purchase subsidies in promoting electrical vehicle adoption. This finding highlights the importance of expanding charging infrastructure in the next phase of deeper electrical vehicle diffusion.

Keywords: Ports & Waterways; Transport Services; Macro-Fiscal Policy; Taxation & Subsidies; Tax Administration; Public Sector Economics; Public Finance Decentralization and Poverty Reduction; Economic Adjustment and Lending; Tax Law; Public Sector Administrative & Civil Service Reform; Public Sector Administrative and Civil Service Reform; Democratic Government; De Facto Governments (search for similar items in EconPapers)
Date: 2021-12-14
New Economics Papers: this item is included in nep-ene and nep-tre
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbrwps:9882

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