Abstract
Abstract We analyze the penetration by BEVs in Germany and examine two influential factors – policy measures and disclosing consumer-oriented total cost of ownership (TCOC) information. We conducted an online experiment with 379 participants in Germany. The results indicate a significant impact of the TCOC information weighted with the value differences and potential driving bans on ICEVs. In addition, costs, hedonic benefits, education, and average annual mileage significantly affect the decision in favor of BEVs. Overall, the study provides implications for governments to extend risk-related regulations to promote the BEV market share.
Full Text
Published Version
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call