Abstract
In the backdrop of growing public concerns about climate change and air pollution, and the contribution of petroleum combustion in the transport sector to these issues, China has introduced a range of policy incentives for promoting the uptake of electric vehicles (EVs). These incentives have resulted in a rapid increase in EV stocks since the early 2010s, and this trend is expected to continue, or even accelerate, in the years to come, which would, in turn, lead to a policy-oriented EV market. The primary objective of the project is to develop an understanding of the effect of various policy incentives on EV uptake based on annual data of 43 cities from 2011 to 2017, and these policies mainly refer to those that focus on EV purchasing, registering, driving, and charging stages. The novelty of this paper is that we focused on policy effect on EV adoption behavior, rather than adoption intention which has widely been analyzed in previous studies. Results showed that the abolishment of purchasing and driving restriction, government subsidies, purchase tax exemption, and dedicated license plates significantly promote EV diffusion, and the effect of the two restrictions are more powerful. Thus, this study suggested that abolishment of purchasing and driving restrictions can be insisted to drive EV market share, meanwhile improving policies that can guide consumers through various motivations are also necessary.
Highlights
With the acceleration of industrialization and urbanization, energy and environmental issues that seriously affects human survival and development have become the focus of the entire world
This paper has developed a quantitative analysis of the impacts of various policy incentives on the uptake of Electric vehicles (EVs)
Policy incentives included in this analysis include no purchasing and driving restrictions, government subsidies, purchase tax exemption, vehicle tax exemption, dedicated license plates, parking benefits, road/bridge toll exemption, subsidy on building charging infrastructure, and charging discount
Summary
With the acceleration of industrialization and urbanization, energy and environmental issues that seriously affects human survival and development have become the focus of the entire world. Among various kinds of energy and environmental issues, air pollution is of the most public concern [1]. Emissions of conventional fuel vehicles (CFVs) is a major source of air pollution, and the most representative one in recent years is the continuous severe haze weather which has been reported recently in China [2]. Electric vehicles (EVs), which are powered by electricity, are of high energy efficiency and are promoted large-scale in the transport sector to address present energy and environment problems [4]. In China, the EV promotion goal—that the combined production and sales volume of EVs from 2012 to 2020 should exceed 5 million—has already been proposed by the Industry Development Plan of Energy saving and New Energy Vehicles. In order to fulfill such a goal, numerous policy incentives have been issued by both national and local government
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