Abstract
Electric vehicles (EVs) are gaining worldwide popularity as a means to reduce greenhouse gas emissions and decrease dependence on fossil fuels. This comparative study examines the factors influencing the EV market share in the European Union (EU) and the United States (US), aiming to identify regional differences and similarities using statistical and spatial models. The study findings indicate that in the EU, ownership of charging outlets, personal income, education levels, and ages over 55 are positively correlated with the EV market share. However, population density does not support the adoption of EVs. In contrast, in the US, ownership of charging outlets is positively associated with the EV market share in the Central US, while higher personal income is strongly negatively correlated. These findings emphasize the need for tailored location-specific policies that target specific sociodemographic groups and prioritize the development of robust charging infrastructure.
| Original language | English |
|---|---|
| Article number | 122327 |
| Journal | Applied Energy |
| Volume | 355 |
| Early online date | 22 Nov 2023 |
| DOIs | |
| Publication status | Published - 1 Feb 2024 |
Bibliographical note
Acknowledgments:This research was supported by the National Natural Science Foundation of China (52002345), the Public Policy Research Funding Scheme of The Government of the Hong Kong Special Administrative Region (Project Number: 2023.A6.232.23B) and the RISUD Joint Research Fund (Project ID: P0042828), Funding Support to Small Projects (Project ID: P0038213) and SCRI IRF-SC (Project ID: P0041230) at the Hong Kong Polytechnic University.
Keywords
- Electric vehicle
- European Union (EU)
- Geographically Weighted Regression (GWR)
- Influential factors
- Market share
- United States (US)
ASJC Scopus subject areas
- Mechanical Engineering
- General Energy
- Management, Monitoring, Policy and Law
- Building and Construction
- Renewable Energy, Sustainability and the Environment
