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Determinants of Electric Car Sales in Europe

Author

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  • Kovárník Richard

    (Mendel University in Brno, Faculty of Business and Economics, Zemědělská 1, 613 00 Brno, Czech Republic)

  • Staňková Michaela

    (Mendel University in Brno, Faculty of Business and Economics, Department of Statistics and Operation Analysis, Zemědělská 1, 613 00 Brno, Czech Republic)

Abstract

This article deals with determining statistically significant factors affecting the sale of battery electric vehicles in different European countries. Typical representative countries were selected on the basis of cluster analysis. The input data for multiple regression models and vector autoregressive models include data for the last decade and thus essentially cover the complete history of the electric car market. Attention is paid not only to the European leader but also to countries with a lower share of electric cars. The results of this study show the existence of a common factor in the countries with different development trends in the battery electric vehicle market. However, differences among individual countries are generally so significant that the identified factors vary from country to country.

Suggested Citation

  • Kovárník Richard & Staňková Michaela, 2021. "Determinants of Electric Car Sales in Europe," LOGI – Scientific Journal on Transport and Logistics, Sciendo, vol. 12(1), pages 214-225, January.
    • Handle: RePEc:vrs:logitl:v:12:y:2021:i:1:p:214-225:n:18
    DOI: 10.2478/logi-2021-0020
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    References listed on IDEAS

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    1. Kovárník Richard & Staňková Michaela, 2023. "Efficiency of the Automotive Industry in the Visegrad Group," LOGI – Scientific Journal on Transport and Logistics, Sciendo, vol. 14(1), pages 12-23, January.

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