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Long-term electric vehicles outlook and their potential impact on electric grid

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  • Kapustin, Nikita O.
  • Grushevenko, Dmitry A.

Abstract

The last decade was marked by a new boom of popularity for electric transport. Massive government support helped increase EV annual sales from just 2 to over 753 thousands worldwide over the ten years. Many countries and private enterprises hold extremely high hopes for electric transport, predicting the imminent abandonment of the internal combustion engines (ICE). Our research shows that in 2018 EVs are yet still unable to compete on equal footing with conventional cars. However, should government and auto manufacturers maintain the current pace of development, true competitiveness between ICE and electric vehicles can be achieved by 2035 even in the low-oil-price environment.

Suggested Citation

  • Kapustin, Nikita O. & Grushevenko, Dmitry A., 2020. "Long-term electric vehicles outlook and their potential impact on electric grid," Energy Policy, Elsevier, vol. 137(C).
    • Handle: RePEc:eee:enepol:v:137:y:2020:i:c:s0301421519306901
    DOI: 10.1016/j.enpol.2019.111103
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    Cited by:

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    14. Powell, Siobhan & Cezar, Gustavo Vianna & Rajagopal, Ram, 2022. "Scalable probabilistic estimates of electric vehicle charging given observed driver behavior," Applied Energy, Elsevier, vol. 309(C).
    15. Phillip K. Agbesi & Rico Ruffino & Marko Hakovirta, 2023. "The development of sustainable electric vehicle business ecosystems," SN Business & Economics, Springer, vol. 3(8), pages 1-59, August.
    16. Klimenko, V.V. & Ratner, S.V. & Tereshin, A.G., 2021. "Constraints imposed by key-material resources on renewable energy development," Renewable and Sustainable Energy Reviews, Elsevier, vol. 144(C).
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    18. Galvin, Ray, 2022. "Are electric vehicles getting too big and heavy? Modelling future vehicle journeying demand on a decarbonized US electricity grid," Energy Policy, Elsevier, vol. 161(C).
    19. Lawrence Fulton, 2020. "A Publicly Available Simulation of Battery Electric, Hybrid Electric, and Gas-Powered Vehicles," Energies, MDPI, vol. 13(10), pages 1-15, May.
    20. Jenn, Alan, 2023. "Emissions of electric vehicles in California’s transition to carbon neutrality," Applied Energy, Elsevier, vol. 339(C).
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    22. Abdullah-Al-Nahid, Syed & Jamal, Taskin & Aziz, Tareq & Bhuiyan, Ashraf Hossain & Khan, Tafsir Ahmed, 2023. "Additive linear modelling and genetic algorithm based electric vehicle outlook and policy formulation for decarbonizing the future transport sector of Bangladesh," Transport Policy, Elsevier, vol. 136(C), pages 21-46.
    23. Marco Raugei & Alessio Peluso & Enrica Leccisi & Vasilis Fthenakis, 2021. "Life-Cycle Carbon Emissions and Energy Implications of High Penetration of Photovoltaics and Electric Vehicles in California," Energies, MDPI, vol. 14(16), pages 1-19, August.
    24. Sahoo, Debajani & Harichandan, Sidhartha & Kar, Sanjay Kumar & S, Sreejesh, 2022. "An empirical study on consumer motives and attitude towards adoption of electric vehicles in India: Policy implications for stakeholders," Energy Policy, Elsevier, vol. 165(C).

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