Artikel

Understanding potential for battery electric vehicle adoption using large-scale consumer profile data

Ten U.S. states have set mandated sales targets for zero-emission vehicles that could result in significant reductions in fuel consumption and carbon emissions. Battery electric vehicle (BEV) adoption is considered integral to achieving this mandate and thus a better understanding of potential BEV buyers is needed. Because of limitations of stated-preference surveys, we developed a data mining approach to identify potential buyers using revealed-preference data. We apply the approach to a nationally representative survey of 88,404 new car buyers that includes respondents' geographic, demographic and psychographic characteristics. We find that BEVs have the potential to reach an annual U.S. market share of 2.4%. To achieve this, BEVs with added features must be sold at a lower price. The costs of the improved features combined with the eventual removal of purchase subsidies will offset the forecasted declines in battery costs. BEVs face stiff competition from fuel-efficient gasoline vehicles and thus policies promoting their sales such as the fuel economy standards may reduce BEV's growth.

Sprache
Englisch

Erschienen in
Journal: Energy Reports ; ISSN: 2352-4847 ; Volume: 5 ; Year: 2019 ; Pages: 515-524 ; Amsterdam: Elsevier

Klassifikation
Wirtschaft
Thema
Large-scale new vehicle buyer survey
Plug-in electric vehicle

Ereignis
Geistige Schöpfung
(wer)
Dua, Rubal
White, Kenneth
Lindland, Rebecca
Ereignis
Veröffentlichung
(wer)
Elsevier
(wo)
Amsterdam
(wann)
2019

DOI
doi:10.1016/j.egyr.2019.04.013
Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Dua, Rubal
  • White, Kenneth
  • Lindland, Rebecca
  • Elsevier

Entstanden

  • 2019

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