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Comparative Analysis of National Policies for Electric Vehicle Uptake Using Econometric Models

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  • Jia Yao

    (School of Environment and Energy, Shenzhen Graduate School, Peking University, Shenzhen 518055, China)

  • Siqin Xiong

    (School of Environment and Energy, Shenzhen Graduate School, Peking University, Shenzhen 518055, China
    College of Environmental Sciences and Engineering, Peking University, Beijing 100871, China)

  • Xiaoming Ma

    (School of Environment and Energy, Shenzhen Graduate School, Peking University, Shenzhen 518055, China
    College of Environmental Sciences and Engineering, Peking University, Beijing 100871, China)

Abstract

As electric vehicles (EVs) have been widely discussed as a promising way to mitigate the effect of climate change, various policies have been implemented across the world to promote the uptake of EVs. Policymakers also paid attention to the density of public charging points. In this paper, we examined the impact of policies on EV markets in the post subsidy era with multiple linear regression analysis using panel data on 13 countries from 2015 to 2018. Five of the independent variables showed significantly positive effects on the 1% level in different regression models: fast/slow charger density, mandate, purchasing restriction and waiver. Subsidies showed significance only on 5% level for battery electric vehicles (BEVs). Financial stimulates have experienced a declining marginal effect, whereas a high density of fast chargers has the most significantly positive effect on EV uptake. This paper suggests policymakers can invest more in completing the public infrastructures of EVs, especially on fast charging points.

Suggested Citation

  • Jia Yao & Siqin Xiong & Xiaoming Ma, 2020. "Comparative Analysis of National Policies for Electric Vehicle Uptake Using Econometric Models," Energies, MDPI, vol. 13(14), pages 1-18, July.
    • Handle: RePEc:gam:jeners:v:13:y:2020:i:14:p:3604-:d:383926
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    2. Tan Yigitcanlar, 2022. "Towards Smart and Sustainable Urban Electromobility: An Editorial Commentary," Sustainability, MDPI, vol. 14(4), pages 1-7, February.
    3. Krešimir Jurlin, 2023. "How Efficient and Socially Sensitive Are Fiscal Incentives for Electric Cars in Europe?," JRFM, MDPI, vol. 16(6), pages 1-19, May.
    4. Ken’ichi Matsumoto & Yui Nakamine & Sunyong Eom & Hideki Kato, 2021. "Demographic, Social, Economic, and Regional Factors Affecting the Diffusion of Hybrid Electric Vehicles in Japan," Energies, MDPI, vol. 14(8), pages 1-14, April.
    5. Susheng Wang & Gang Chen & Dawei Huang, 2021. "Can the New Energy Vehicle Pilot Policy Achieve Green Innovation and Emission Reduction?—A Difference-in-Differences Analysis on the Evaluation of China’s New Energy Fiscal Subsidy Policy," Sustainability, MDPI, vol. 13(15), pages 1-21, August.

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