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

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  • Chandra, Minal

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.

Suggested Citation

  • Chandra, Minal, 2022. "Investigating the impact of policies, socio-demography and national commitments on electric-vehicle demand: Cross-country study," Journal of Transport Geography, Elsevier, vol. 103(C).
  • Handle: RePEc:eee:jotrge:v:103:y:2022:i:c:s0966692322001338
    DOI: 10.1016/j.jtrangeo.2022.103410
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