Abstract

This paper presents an artificial neural network (ANN) model that simulates user’s choice of electric or internal combustion engine automotive vehicles based on basic vehicle attributes (purchase price, range, operating cost, taxes due to emissions, time to refuel/recharge and vehicle price depreciation), with the objective of analyzing user behavior and creating a model that can be used to support policymaking. The ANN was trained using stated preference data from a survey carried out in six European countries, taking into account petrol, diesel and battery electric automotive vehicle attributes. Model results show that the electric vehicle parameters (especially purchase cost, range and recharge times), as well as the purchase cost of internal combustion engine vehicles, have the most influence on consumers’ vehicle choices. A graphical interface was created for the model, to make it easier to understand the interactions between different attributes and their impacts on consumer choices and thus help policy decisions.

Full Text
Paper version not known

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

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.