Publication
Driving Factors of the Adoption of Electric Vehicles
| Summary: | Motivated by the energy dependence on oil and the impact of environmental damage, people from all around the world have been compelled to focus on new models of mobility such as Electric Vehicles. This paper analyses the factors that promote the use of Electric Vehicles. Working upon a panel of twenty European countries, during the time span from 2010 to 2014, the phenomena of contemporaneous correlation and heteroscedasticity were detected, baking of the Panel Corrected Standard Error estimator. In order to distinguish between different types of Electric Vehicles it was decided to study the Battery Electric Vehicle (pure electric vehicle), the Hybrid Electric Vehicles, and a combination of both. The results show that socioeconomic factors positively influence the adoption of Battery Electric Vehicles. In all models, the electricity price and public transportation have a negative effect in adoption of Electric Vehicle. This suggests that these factors restrict the purchase of this technology. |
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| Main Authors: | Rocha, Ana Isabel Carneiro |
| Subject: | Europa Pcse Veículos 100% Elétricos Veículos Híbridos Plug-In |
| Year: | 2017 |
| Country: | Portugal |
| Document type: | master thesis |
| Access type: | open access |
| Associated institution: | Universidade da Beira Interior |
| Language: | English |
| Origin: | uBibliorum |
| Summary: | Motivated by the energy dependence on oil and the impact of environmental damage, people from all around the world have been compelled to focus on new models of mobility such as Electric Vehicles. This paper analyses the factors that promote the use of Electric Vehicles. Working upon a panel of twenty European countries, during the time span from 2010 to 2014, the phenomena of contemporaneous correlation and heteroscedasticity were detected, baking of the Panel Corrected Standard Error estimator. In order to distinguish between different types of Electric Vehicles it was decided to study the Battery Electric Vehicle (pure electric vehicle), the Hybrid Electric Vehicles, and a combination of both. The results show that socioeconomic factors positively influence the adoption of Battery Electric Vehicles. In all models, the electricity price and public transportation have a negative effect in adoption of Electric Vehicle. This suggests that these factors restrict the purchase of this technology. |
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