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Journal ArticleDOI

The influence of financial incentives and other socio-economic factors on electric vehicle adoption

01 May 2014-Energy Policy (Elsevier)-Vol. 68, pp 183-194
TL;DR: In this paper, the authors examined the relationship between financial incentives, charging infrastructure, and local presence of production facilities to determine the relationship of one such policy instrument (consumer financial incentives) to electric vehicle adoption.
About: This article is published in Energy Policy.The article was published on 2014-05-01. It has received 895 citations till now. The article focuses on the topics: Electric vehicle & Market share.
Citations
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Journal ArticleDOI
TL;DR: This Review evaluates the potential of a series of promising batteries and hydrogen fuel cells in their deployment in automotive electrification and identifies six energy storage and conversion technologies that possess varying combinations of these improved characteristics.
Abstract: Today’s electric vehicles are almost exclusively powered by lithium-ion batteries, but there is a long way to go before electric vehicles become dominant in the global automotive market. In addition to policy support, widespread deployment of electric vehicles requires high-performance and low-cost energy storage technologies, including not only batteries but also alternative electrochemical devices. Here, we provide a comprehensive evaluation of various batteries and hydrogen fuel cells that have the greatest potential to succeed in commercial applications. Three sectors that are not well served by current lithium-ion-powered electric vehicles, namely the long-range, low-cost and high-utilization transportation markets, are discussed. The technological properties that must be improved to fully enable these electric vehicle markets include specific energy, cost, safety and power grid compatibility. Six energy storage and conversion technologies that possess varying combinations of these improved characteristics are compared and separately evaluated for each market. The remainder of the Review briefly discusses the technological status of these clean energy technologies, emphasizing barriers that must be overcome. Recent years have seen significant growth of electric vehicles and extensive development of energy storage technologies. This Review evaluates the potential of a series of promising batteries and hydrogen fuel cells in their deployment in automotive electrification.

1,706 citations

Journal ArticleDOI
TL;DR: In this article, a systematic analysis reveals a steep decline in the costs of battery packs for electric vehicles, with market-leading manufacturers setting the pace with market leader Tesla and its suppliers.
Abstract: A systematic analysis reveals a steep decline in the costs of battery packs for electric vehicles, with market-leading manufacturers setting the pace.

1,578 citations

Journal ArticleDOI
TL;DR: The reaction mechanism of electrically rechargeable zinc-air batteries is discussed, different battery configurations are compared, and an in depth discussion is offered of the major issues that affect individual cellular components, along with respective strategies to alleviate these issues to enhance battery performance.
Abstract: Zinc-air batteries have attracted much attention and received revived research efforts recently due to their high energy density, which makes them a promising candidate for emerging mobile and electronic applications. Besides their high energy density, they also demonstrate other desirable characteristics, such as abundant raw materials, environmental friendliness, safety, and low cost. Here, the reaction mechanism of electrically rechargeable zinc-air batteries is discussed, different battery configurations are compared, and an in depth discussion is offered of the major issues that affect individual cellular components, along with respective strategies to alleviate these issues to enhance battery performance. Additionally, a section dedicated to battery-testing techniques and corresponding recommendations for best practices are included. Finally, a general perspective on the current limitations, recent application-targeted developments, and recommended future research directions to prolong the lifespan of electrically rechargeable zinc-air batteries is provided.

1,071 citations

Journal ArticleDOI
TL;DR: In this article, the authors present a comprehensive review of studies on consumer preferences for electric vehicles, aiming to better inform policy-makers and give direction to further research, and discuss a research agenda to improve EV consumer preference studies and give recommendations for further research.

407 citations

Journal ArticleDOI
TL;DR: In this article, the authors describe the role of incentives for promoting BEVs, and determine what incentives are critical for deciding to buy a BEV and what groups of buyers respond to different types of incentives.
Abstract: Norway has become a global forerunner in the field of electromobility and the BEV market share is far higher than in any other country. One likely reason for this is strong incentives for promoting purchase and ownership of BEVs. The purpose of this study is to describe the role of incentives for promoting BEVs, and to determine what incentives are critical for deciding to buy a BEV and what groups of buyers respond to different types of incentives. The questions are answered with data from a survey among nearly 3400 BEV owners in Norway. Exemptions from purchase tax and VAT are critical incentives for more than 80% of the respondents. This is very much in line with previous research, which suggests that up-front price reduction is the most powerful incentive in promoting EV adoption. To a substantial number of BEV owners, however, exemption from road tolling or bus lane access is the only decisive factor. Analyses show that there are clear delineations between incentive groups, both in terms of age, gender, and education. Income is a less prominent predictor, which probably results from the competitive price of BEVs in the Norwegian market. Perhaps most interesting is the assumed relation between incentives and character of transport systems the respondents engage in.

387 citations

References
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Book
01 Jan 1962
TL;DR: A history of diffusion research can be found in this paper, where the authors present a glossary of developments in the field of Diffusion research and discuss the consequences of these developments.
Abstract: Contents Preface CHAPTER 1. ELEMENTS OF DIFFUSION CHAPTER 2. A HISTORY OF DIFFUSION RESEARCH CHAPTER 3. CONTRIBUTIONS AND CRITICISMS OF DIFFUSION RESEARCH CHAPTER 4. THE GENERATION OF INNOVATIONS CHAPTER 5. THE INNOVATION-DECISION PROCESS CHAPTER 6. ATTRIBUTES OF INNOVATIONS AND THEIR RATE OF ADOPTION CHAPTER 7. INNOVATIVENESS AND ADOPTER CATEGORIES CHAPTER 8. DIFFUSION NETWORKS CHAPTER 9. THE CHANGE AGENT CHAPTER 10. INNOVATION IN ORGANIZATIONS CHAPTER 11. CONSEQUENCES OF INNOVATIONS Glossary Bibliography Name Index Subject Index

38,750 citations

Posted Content
TL;DR: In this paper, the authors developed an evolutionary theory of the capabilities and behavior of business firms operating in a market environment, including both general discussion and the manipulation of specific simulation models consistent with that theory.
Abstract: This study develops an evolutionary theory of the capabilities and behavior of business firms operating in a market environment. It includes both general discussion and the manipulation of specific simulation models consistent with that theory. The analysis outlines the differences between an evolutionary theory of organizational and industrial change and a neoclassical microeconomic theory. The antecedents to the former are studies by economists like Schumpeter (1934) and Alchian (1950). It is contrasted with the orthodox theory in the following aspects: while the evolutionary theory views firms as motivated by profit, their actions are not assumed to be profit maximizing, as in orthodox theory; the evolutionary theory stresses the tendency of most profitable firms to drive other firms out of business, but, in contrast to orthodox theory, does not concentrate on the state of industry equilibrium; and evolutionary theory is related to behavioral theory: it views firms, at any given time, as having certain capabilities and decision rules, as well as engaging in various ‘search' operations, which determines their behavior; while orthodox theory views firm behavior as relying on the use of the usual calculus maximization techniques. The theory is then made operational by the use of simulation methods. These models use Markov processes and analyze selection equilibrium, responses to changing factor prices, economic growth with endogenous technical change, Schumpeterian competition, and Schumpeterian tradeoff between static Pareto-efficiency and innovation. The study's discussion of search behavior complicates the evolutionary theory. With search, the decision making process in a firm relies as much on past experience as on innovative alternatives to past behavior. This view combines Darwinian and Lamarkian views on evolution; firms are seen as both passive with regard to their environment, and actively seeking alternatives that affect their environment. The simulation techniques used to model Schumpeterian competition reveal that there are usually winners and losers in industries, and that the high productivity and profitability of winners confer advantages that make further success more likely, while decline breeds further decline. This process creates a tendency for concentration to develop even in an industry initially composed of many equal-sized firms. However, the experiments conducted reveal that the growth of concentration is not inevitable; for example, it tends to be smaller when firms focus their searches on imitating rather than innovating. At the same time, industries with rapid technological change tend to grow more concentrated than those with slower progress. The abstract model of Schumpeterian competition presented in the study also allows to see more clearly the public policy issues concerning the relationship between technical progress and market structure. The analysis addresses the pervasive question of whether industry concentration, with its associated monopoly profits and reduced social welfare, is a necessary cost if societies are to obtain the benefits of technological innovation. (AT)

22,566 citations

Journal ArticleDOI

18,643 citations

Journal ArticleDOI

7,907 citations

Book ChapterDOI
TL;DR: It is by now incontrovertible that increases in per capita income cannot be explained simply by increases in the capital-labor ratio as mentioned in this paper, and that knowledge is growing in time.
Abstract: It is by now incontrovertible that increases in per capita income cannot be explained simply by increases in the capital-labor ratio. Though doubtless no economist would ever have denied the role of technological change in economic growth, its overwhelming importance relative to capital formation has perhaps only been fully realized with the important empirical studies of Abramovitz [1] and Solow [l 1]. These results do not directly contradict the neo-classical view of the production function as an expression of technological knowledge. All that has to be added is the obvious fact that knowledge is growing in time. Nevertheless a view of economic growth that depends so heavily on an exogenous variable, let alone one so difficult to measure as the quantity of knowledge, is hardly intellectually satisfactory. From a quantitative, empirical point of view, we are left with time as an explanatory variable. Now trend projections, however necessary they may be in practice, are basically a confession of ignorance, and, what is worse from a practical viewpoint, are not policy variables.

7,108 citations