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The Dynamic Role of Subsidies in Promoting Global Electric Vehicle Sales

Author

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  • Tamara Sheldon
  • Rubal Dua

    (King Abdullah Petroleum Studies and Research Center)

Abstract

We offer the most comprehensive analysis to date of global plug-in electric vehicle (PEV) subsidies. We accomplish this by estimating vehicle choice models for 23 countries using 2010–2019 sales data and using counterfactual simulations to assess the cost-effectiveness of PEV incentives.

Suggested Citation

  • Tamara Sheldon & Rubal Dua, 2023. "The Dynamic Role of Subsidies in Promoting Global Electric Vehicle Sales," Discussion Papers ks--2023-dp02, King Abdullah Petroleum Studies and Research Center.
    • Handle: RePEc:prc:dpaper:ks--2023-dp02
    DOI: 10.30573/KS--2023-DP02
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    File URL: https://www.kapsarc.org/research/publications/the-dynamic-role-of-subsidies-in-promoting-global-electric-vehicle-sales/
    File Function: First version, 2023
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    Cited by:

    1. Ghanbari Motlagh, Saheb & Oladigbolu, Jamiu & Li, Li, 2025. "A review on electric vehicle charging station operation considering market dynamics and grid interaction," Applied Energy, Elsevier, vol. 392(C).
    2. Correia Sinézio Martins, Edlaine & Lépine, Julien & Corbett, Jacqueline, 2024. "Assessing the effectiveness of financial incentives on electric vehicle adoption in Europe: Multi-period difference-in-difference approach," Transportation Research Part A: Policy and Practice, Elsevier, vol. 189(C).
    3. Shi, Hui & Goulias, Konstadinos G., 2024. "Understanding the zero-emission vehicle market spatial diffusion and its determinants from 2019 to 2022 using spatial econometric models," Energy, Elsevier, vol. 313(C).
    4. Wu, Yu’e & Yin, Anran & Zheng, Yan & Wang, Xinyu & Zhang, Shuhua, 2025. "Research on the diffusion of electric vehicles based on dynamic games under the influence of environmental regulations," Energy Economics, Elsevier, vol. 146(C).
    5. Jing, Peng & Shao, Danning & Liu, Yaqi & Chen, Yuexia & Zhang, Shuang, 2025. "Linking short- and long-term impacts of the government, consumers, and manufacturers on NEV sales and market share in China," Journal of Retailing and Consumer Services, Elsevier, vol. 82(C).
    6. Connolly, Rachel & Coffee, Daniel & Pierce, Gregory, 2025. "Do electric vehicle purchase incentives drive equity? The relationship between incentive policies and vehicle registration rates across California," Transport Policy, Elsevier, vol. 170(C), pages 193-206.
    7. Gupta, Rajesh & Anand, Arjun, 2025. "Is mobility transition driven by wealth inequality? Evidence from analysis of the electric two-wheelers adoption in India," Transportation Research Part A: Policy and Practice, Elsevier, vol. 193(C).

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