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Modeling the Demand for Electric Vehicles and the Supply of Charging Stations in the United States: Working Paper 2023-06

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  • David Austin

Abstract

This paper presents a simulation model of the markets for light-duty electric vehicles (EVs) and the associated public charging infrastructure, as well as the network interactions between them. It illustrates the model’s attributes by simulating the effects of federal subsidies for public electric vehicle chargers and of an extension of tax credits for electric vehicles. I project that by the early 2030s the charger subsidies, which were signed into law in 2021 as part of the Infrastructure Investment and Jobs Act, will have increased the size of the charger network enough

Suggested Citation

  • David Austin, 2023. "Modeling the Demand for Electric Vehicles and the Supply of Charging Stations in the United States: Working Paper 2023-06," Working Papers 58964, Congressional Budget Office.
    • Handle: RePEc:cbo:wpaper:58964
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    File URL: https://www.cbo.gov/system/files/2023-09/58964-EV.pdf
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    References listed on IDEAS

    as
    1. Cassandra Cole & Michael Droste & Christopher Knittel & Shanjun Li & James H. Stock, 2023. "Policies for Electrifying the Light-Duty Vehicle Fleet in the United States," AEA Papers and Proceedings, American Economic Association, vol. 113, pages 316-322, May.
    2. James Archsmith & Erich Muehlegger & David S. Rapson, 2022. "Future Paths of Electric Vehicle Adoption in the United States: Predictable Determinants, Obstacles, and Opportunities," Environmental and Energy Policy and the Economy, University of Chicago Press, vol. 3(1), pages 71-110.
    3. Hunt Allcott & Nathan Wozny, 2014. "Gasoline Prices, Fuel Economy, and the Energy Paradox," The Review of Economics and Statistics, MIT Press, vol. 96(5), pages 779-795, December.
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    More about this item

    JEL classification:

    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • L98 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Government Policy

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