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Estimation of vehicle home parking availability in China and quantification of its potential impacts on plug-in electric vehicle ownership cost

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  • Ou, Shiqi
  • Lin, Zhenhong
  • He, Xin
  • Przesmitzki, Steven

Abstract

China has become the world's largest plug-in electric vehicle (PEV) market. One major barrier to greater consumer acceptance of PEVs is the lack of home parking spaces for charging outlets. This study developed a methodology to estimate the residential parking ratios (parking spaces vs household numbers) and project the residential community-weighted parking availabilities (home parking availabilities) in China, by area and by province, through data mining from several major real estate trading network platforms. The results show that the home parking availabilities from 2015 to 2050 vary by geographic areas and building life expectancy. A method was developed to quantify the shadow values of home parking impacting on PEV ownership costs and combined with Monte Carlo simulation to address estimation uncertainty. Depending on the PEV type and all-electric range, the value of home parking space to a PEV owner, measured by the reduced vehicle ownership cost, ranges from $2399 USD to $10,802 USD. The total incremental shadow value, relative to the 2015 situation, of the home parking availability for PEV owners increases over time due to both improvement in home parking availability and increase in the PEV population, and is estimated to reach over $2.51 billion USD by 2025 (U.S. dollars in 2015 level).

Suggested Citation

  • Ou, Shiqi & Lin, Zhenhong & He, Xin & Przesmitzki, Steven, 2018. "Estimation of vehicle home parking availability in China and quantification of its potential impacts on plug-in electric vehicle ownership cost," Transport Policy, Elsevier, vol. 68(C), pages 107-117.
  • Handle: RePEc:eee:trapol:v:68:y:2018:i:c:p:107-117
    DOI: 10.1016/j.tranpol.2018.04.014
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    References listed on IDEAS

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    Cited by:

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    2. Wu, Yang Andrew & Ng, Artie W. & Yu, Zichao & Huang, Jie & Meng, Ke & Dong, Z.Y., 2021. "A review of evolutionary policy incentives for sustainable development of electric vehicles in China: Strategic implications," Energy Policy, Elsevier, vol. 148(PB).
    3. Ou, Shiqi & Lin, Zhenhong & Qi, Liang & Li, Jie & He, Xin & Przesmitzki, Steven, 2018. "The dual-credit policy: Quantifying the policy impact on plug-in electric vehicle sales and industry profits in China," Energy Policy, Elsevier, vol. 121(C), pages 597-610.
    4. Khemakhem, Siwar & Rekik, Mouna & Krichen, Lotfi, 2019. "Double layer home energy supervision strategies based on demand response and plug-in electric vehicle control for flattening power load curves in a smart grid," Energy, Elsevier, vol. 167(C), pages 312-324.
    5. Rosales-Tristancho, Abel & Carazo, Ana F. & Brey, Raúl, 2021. "A study of the willingness of Spanish drivers to pay a premium for ZEVs," Energy Policy, Elsevier, vol. 149(C).
    6. Martin Kalthaus & Jiatang Sun, 2021. "Determinants of Electric Vehicle Diffusion in China," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 80(3), pages 473-510, November.
    7. Zhou, Kaile & Cheng, Lexin & Lu, Xinhui & Wen, Lulu, 2020. "Scheduling model of electric vehicles charging considering inconvenience and dynamic electricity prices," Applied Energy, Elsevier, vol. 276(C).
    8. Hao, Xu & Lin, Zhenhong & Wang, Hewu & Ou, Shiqi & Ouyang, Minggao, 2020. "Range cost-effectiveness of plug-in electric vehicle for heterogeneous consumers: An expanded total ownership cost approach," Applied Energy, Elsevier, vol. 275(C).
    9. Patt, Anthony & Aplyn, David & Weyrich, Philippe & van Vliet, Oscar, 2019. "Availability of private charging infrastructure influences readiness to buy electric cars," Transportation Research Part A: Policy and Practice, Elsevier, vol. 125(C), pages 1-7.

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