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How large is the effect of financial incentives on electric vehicle sales? – A global review and European analysis

Citations

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Cited by:

  1. Shilpa Dogra & Nicholas O’Rourke & Michael Jenkins & Daniel Hoornweg, 2021. "Integrated Urban Mobility for Our Health and the Climate: Recommended Approaches from an Interdisciplinary Consortium," Sustainability, MDPI, vol. 13(22), pages 1-12, November.
  2. Cheng He & O. Cem Ozturk & Chris Gu & Pradeep K. Chintagunta, 2023. "Consumer Tax Credits for EVs: Some Quasi-Experimental Evidence on Consumer Demand, Product Substitution, and Carbon Emissions," Management Science, INFORMS, vol. 69(12), pages 7759-7783, December.
  3. Hongchen Li & Huijun Qi & Hongjian Cao & Li Yuan, 2022. "Industrial Policy and Technological Innovation of New Energy Vehicle Industry in China," Energies, MDPI, vol. 15(24), pages 1-17, December.
  4. Serrano, José Ramón & García, Antonio & Monsalve-Serrano, Javier & Martínez-Boggio, Santiago, 2021. "High efficiency two stroke opposed piston engine for plug-in hybrid electric vehicle applications: Evaluation under homologation and real driving conditions," Applied Energy, Elsevier, vol. 282(PA).
  5. Zhang, Junjie & Jia, Rongwen & Yang, Hangjun & Dong, Kangyin, 2022. "Does electric vehicle promotion in the public sector contribute to urban transport carbon emissions reduction?," Transport Policy, Elsevier, vol. 125(C), pages 151-163.
  6. Austmann, Leonhard M. & Vigne, Samuel A., 2021. "Does environmental awareness fuel the electric vehicle market? A Twitter keyword analysis," Energy Economics, Elsevier, vol. 101(C).
  7. Deepak Gautam & Nomesh Bolia, 2024. "Understanding consumer choices and attitudes toward electric vehicles: A study of purchasing behavior and policy implications," Sustainable Development, John Wiley & Sons, Ltd., vol. 32(5), pages 4895-4915, October.
  8. Brindusa Anghel & Iván Auciello & Aitor Lacuesta, 2022. "Heterogeneity of the impact of the Spanish programme of incentives for the purchase of electric vehicles," Economic Bulletin, Banco de España, issue 4/2022.
  9. Kumar, Rajeev Ranjan & Guha, Pritha & Chakraborty, Abhishek, 2022. "Comparative assessment and selection of electric vehicle diffusion models: A global outlook," Energy, Elsevier, vol. 238(PC).
  10. Almansour, Mohammed, 2022. "Electric vehicles (EV) and sustainability: Consumer response to twin transition, the role of e-businesses and digital marketing," Technology in Society, Elsevier, vol. 71(C).
  11. Gnann, Till & Speth, Daniel & Plötz, Patrick & Wietschel, Martin & Krail, Michael, 2022. "Markthochlaufszenarien für Elektrofahrzeuge: Rückblick und Ausblick bis 2030," Working Papers "Sustainability and Innovation" S05/2022, Fraunhofer Institute for Systems and Innovation Research (ISI).
  12. Peter Haan & Adrián Santonja & Aleksandar Zaklan, 2025. "Effectiveness and Heterogeneous Effects of Purchase Grants for Electric Vehicles," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 88(1), pages 185-223, January.
  13. Huang, Xingjun & Lin, Yun & Lim, Ming K. & Zhou, Fuli & Liu, Feng, 2022. "Electric vehicle charging station diffusion: An agent-based evolutionary game model in complex networks," Energy, Elsevier, vol. 257(C).
  14. Fritz, Markus & Plötz, Patrick & Funke, Simon A., 2019. "The impact of ambitious fuel economy standards on the market uptake of electric vehicles and specific CO2 emissions," Energy Policy, Elsevier, vol. 135(C).
  15. Yu, Xiao-Chen & Lin, Sheng & Hu, Wenhao & Xie, Bai-Chen, 2026. "Has the special license plate promoted the adoption of electric vehicles? A quasi-natural experiment from China," Transportation Research Part A: Policy and Practice, Elsevier, vol. 204(C).
  16. Peng, Ruoqing & Tang, Justin Hayse Chiwing G. & Yang, Xiong & Meng, Meng & Zhang, Jie & Zhuge, Chengxiang, 2024. "Investigating the factors influencing the electric vehicle market share: A comparative study of the European Union and United States," Applied Energy, Elsevier, vol. 355(C).
  17. Shuihua Han & Yudi Mo & Zhenyuan Liu & Cheng Lei & Zhen Ye, 2024. "The impact of public climate change concern on sustainable product consumption: a case study of new energy vehicles in China," Annals of Operations Research, Springer, vol. 342(1), pages 323-353, November.
  18. Shang, Wen-Long & Zhang, Junjie & Wang, Kun & Yang, Hangjun & Ochieng, Washington, 2024. "Can financial subsidy increase electric vehicle (EV) penetration---evidence from a quasi-natural experiment," Renewable and Sustainable Energy Reviews, Elsevier, vol. 190(PA).
  19. Singh, Vijeta & Nerlekar, Varsha & Kumar, Jitendra, 2025. "Exploring the macroeconomic drivers to electric vehicles sales in India- A panel data-based approach," Transport Policy, Elsevier, vol. 174(C).
  20. Chen Cao & Yongming Lyu & Jun Huang & Renjie Luo & Hancheng Huang & Guilan Yu, 2024. "The impact of China's new energy vehicle policies on corporate social responsibility: A textual big data analytics approach," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 31(6), pages 5327-5342, November.
  21. Yao, Xusheng & Ma, Shoufeng & Bai, Yin & Jia, Ning, 2022. "When are new energy vehicle incentives effective? Empirical evidence from 88 pilot cities in China," Transportation Research Part A: Policy and Practice, Elsevier, vol. 165(C), pages 207-224.
  22. Squalli, Jay, 2024. "Environmental hypocrisy? Electric and hybrid vehicle adoption and pro-environmental attitudes in the United States," Energy, Elsevier, vol. 293(C).
  23. Guo, Shuocheng & Kontou, Eleftheria, 2021. "Disparities and equity issues in electric vehicles rebate allocation," Energy Policy, Elsevier, vol. 154(C).
  24. Burra, Lavan T. & Sommer, Stephan & Vance, Colin, 2023. "Free-Ridership in Subsidies for Company- and Private Electric Vehicles," Ruhr Economic Papers 1015, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
  25. Philip, Thara & Whitehead, Jake & Prato, Carlo G., 2023. "Adoption of electric vehicles in a laggard, car-dependent nation: Investigating the potential influence of V2G and broader energy benefits on adoption," Transportation Research Part A: Policy and Practice, Elsevier, vol. 167(C).
  26. Sheldon, Tamara L. & Dua, Rubal, 2024. "The dynamic role of subsidies in promoting global electric vehicle sales," Transportation Research Part A: Policy and Practice, Elsevier, vol. 187(C).
  27. Mariano Gallo & Mario Marinelli, 2020. "Sustainable Mobility: A Review of Possible Actions and Policies," Sustainability, MDPI, vol. 12(18), pages 1-39, September.
  28. Trotta, Gianluca & Sommer, Stephan, 2024. "The effect of changing registration taxes on electric vehicle adoption in Denmark," Transportation Research Part A: Policy and Practice, Elsevier, vol. 185(C).
  29. Nie, Qingyun & Zhang, Lihui & Li, Songrui, 2022. "How can personal carbon trading be applied in electric vehicle subsidies? A Stackelberg game method in private vehicles," Applied Energy, Elsevier, vol. 313(C).
  30. Han, Xiaoya & Khouja, Moutaz & Liu, Xin, 2023. "A dynamic model considering consumer green awareness and environmental subsidy," International Journal of Production Economics, Elsevier, vol. 260(C).
  31. Yeh, Sonia & Burtraw, Dallas & Sterner, Thomas & Greene, David, 2021. "Tradable performance standards in the transportation sector," Energy Economics, Elsevier, vol. 102(C).
  32. Haobing Liu & Daejin Kim & Hanyan Li & Michael O. Rodgers & Randall Guensler, 2024. "Synthetic control methods for estimating the effect of purchase incentives on plug-in electric vehicles sales in the United States," Transportation, Springer, vol. 51(4), pages 1209-1238, August.
  33. Javier Asensio & Anna Matas & Josep-Lluís Raymond, 2025. "Policies to reduce cars’ emissions between the opposing forces of technological change and demand for characteristics," Working Papers wpdea2502, Department of Applied Economics at Universitat Autonoma of Barcelona.
  34. Nie, Qingyun & Zhang, Lihui & Tong, Zihao & Hubacek, Klaus, 2022. "Strategies for applying carbon trading to the new energy vehicle market in China: An improved evolutionary game analysis for the bus industry," Energy, Elsevier, vol. 259(C).
  35. Haidar, Bassem & Aguilar Rojas, Maria Teresa, 2022. "The relationship between public charging infrastructure deployment and other socio-economic factors and electric vehicle adoption in France," Research in Transportation Economics, Elsevier, vol. 95(C).
  36. Tobias Buchmann & Patrick Wolf & Stefan Fidaschek, 2021. "Stimulating E-Mobility Diffusion in Germany (EMOSIM): An Agent-Based Simulation Approach," Energies, MDPI, vol. 14(3), pages 1-25, January.
  37. Wang, Kunlun & Zheng, Leven J. & Lin, Boqiang, 2024. "Demand-side incentives, competition, and firms’ innovative activities: Evidence from automobile industry in China," Energy Economics, Elsevier, vol. 132(C).
  38. Sousa, Nuno & Almeida, Arminda & Coutinho-Rodrigues, João, 2020. "A multicriteria methodology for estimating consumer acceptance of alternative powertrain technologies," Transport Policy, Elsevier, vol. 85(C), pages 18-32.
  39. Tang, Yanyan & Wen, Zongguo & Hu, Song & Li, Yaoming & Lu, Minyan, 2026. "Allocation equality of battery replacement subsidy for electric buses: Evidence from provinces and cities in China," Energy Policy, Elsevier, vol. 210(C).
  40. Burra, Lavan T. & Sommer, Stephan & Vance, Colin, 2024. "Policy complementarities in the promotion of electric vehicles," Energy Policy, Elsevier, vol. 192(C).
  41. Hou, Rui & Lei, Lei & Jin, Kangning & Lin, Xiaogang & Xiao, Lu, 2022. "Introducing electric vehicles? Impact of network effect on profits and social welfare," Energy, Elsevier, vol. 243(C).
  42. Alali, Layla & Niesten, Eva & Gagliardi, Dimitri, 2022. "The impact of UK financial incentives on the adoption of electric fleets: The moderation effect of GDP change," Transportation Research Part A: Policy and Practice, Elsevier, vol. 161(C), pages 200-220.
  43. 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.
  44. 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).
  45. Jiang, Zhe & Liu, Ning & Zhang, Xiaobing & Chu, Yanlai & Zhang, Lin, 2025. "Proactive social learning and green product consumption: Evidence from new energy vehicle sales in China," Technological Forecasting and Social Change, Elsevier, vol. 219(C).
  46. Burra, Lavan T. & Sommer, Stephan & Vance, Colin, 2024. "Free-ridership in subsidies for company- and private electric vehicles," Energy Economics, Elsevier, vol. 131(C).
  47. Austmann, Leonhard M., 2021. "Drivers of the electric vehicle market: A systematic literature review of empirical studies," Finance Research Letters, Elsevier, vol. 41(C).
  48. Srivastava, Abhishek & Kumar, Rajeev Ranjan & Chakraborty, Abhishek & Mateen, Arqum & Narayanamurthy, Gopalakrishnan, 2022. "Design and selection of government policies for electric vehicles adoption: A global perspective," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 161(C).
  49. Liao, Yanjun (Penny) & Luo, Bei & Spiller, Elisheba, 2025. "A tale of two investments: Charging stations and purchase subsidies for EV adoption," Transportation Research Part A: Policy and Practice, Elsevier, vol. 202(C).
  50. Huang, Yisong & Sun, Ze & Huang, Yan, 2025. "Exploring the effect of VAT carryforward and refund policy on enhancing innovation efficiency among China's A-share listed firms," Finance Research Letters, Elsevier, vol. 72(C).
  51. Zimm, Caroline, 2021. "Improving the understanding of electric vehicle technology and policy diffusion across countries," Transport Policy, Elsevier, vol. 105(C), pages 54-66.
  52. Luo, Qi & Yin, Yunlei & Chen, Pengyu & Zhan, Zhenfei & Saigal, Romesh, 2022. "Dynamic subsidies for synergistic development of charging infrastructure and electric vehicle adoption," Transport Policy, Elsevier, vol. 129(C), pages 117-136.
  53. Cagli, Efe Caglar, 2023. "The volatility spillover between battery metals and future mobility stocks: Evidence from the time-varying frequency connectedness approach," Resources Policy, Elsevier, vol. 86(PA).
  54. Bastida-Molina, Paula & Ribó-Pérez, David & Gómez-Navarro, Tomás & Hurtado-Pérez, Elías, 2022. "What is the problem? The obstacles to the electrification of urban mobility in Mediterranean cities. Case study of Valencia, Spain," Renewable and Sustainable Energy Reviews, Elsevier, vol. 166(C).
  55. Kucharski, Adam & Bartosiewicz, Aleksandra & Gniadkowska - Szymańska, Agata, 2025. "The impact of electricity and fossil fuel prices on electric vehicle new registrations in the European Union," Energy Policy, Elsevier, vol. 207(C).
  56. Schwab, Julia & Sölch, Christian & Zöttl, Gregor, 2022. "Electric Vehicle Cost in 2035: The impact of market penetration and charging strategies," Energy Economics, Elsevier, vol. 114(C).
  57. Meilinda Fitriani Nur Maghfiroh & Andante Hadi Pandyaswargo & Hiroshi Onoda, 2021. "Current Readiness Status of Electric Vehicles in Indonesia: Multistakeholder Perceptions," Sustainability, MDPI, vol. 13(23), pages 1-25, November.
  58. Briseño, Hugo & Ramirez-Nafarrate, Adrian & Araz, Ozgur M., 2021. "A multivariate analysis of hybrid and electric vehicles sales in Mexico," Socio-Economic Planning Sciences, Elsevier, vol. 76(C).
  59. Say, Kelvin & Csereklyei, Zsuzsanna & Brown, Felix Gabriel & Wang, Changlong, 2023. "The economics of public transport electrification: A case study from Victoria, Australia," Energy Economics, Elsevier, vol. 120(C).
  60. Aditya Ramji & Daniel Sperling & Lewis Fulton, 2024. "Sustainable Market Incentives -- Lessons from European Feebates for a ZEV Future," Papers 2401.15069, arXiv.org.
  61. Xin, Xu & Zhang, Tao & Xiang, Zhengliang & Liu, Miaohui, 2025. "Battery electric vehicle transportation network robust pricing-infrastructure location model with boundedly rational travelers," Applied Energy, Elsevier, vol. 386(C).
  62. Linn, Joshua, 2022. "Balancing Equity and Effectiveness for Electric Vehicle Subsidies," RFF Working Paper Series 22-07, Resources for the Future.
  63. 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).
  64. Malgorzata Lotko & Mariusz Szuster, 2022. "Electric Vehicles Market in Poland," European Research Studies Journal, European Research Studies Journal, vol. 0(Special A), pages 286-297.
  65. Rostad Sæther, Simen, 2022. "Mobility at the crossroads – Electric mobility policy and charging infrastructure lessons from across Europe," Transportation Research Part A: Policy and Practice, Elsevier, vol. 157(C), pages 144-159.
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