Do battery-switching systems accelerate the adoption of electric vehicles? A stated preference study

Nobuyuki Ito, Kenji Takeuchi, Shunsuke Managi

Research output: Contribution to journalArticle

1 Citation (Scopus)

Abstract

We estimate willingness-to-pay (WTP) for building refueling stations for battery-switching electric vehicles (SEVs) and battery-recharging electric vehicles (REVs) by using a choice experiment. Our results show that consumers prefer a REV to a SEV even if the recharging rate of the REV is 30 minutes when assuming that the levels of the other properties, such as cruising range and number of refueling stations, are equal. Furthermore, the results imply that to promote the use of electric vehicles, it is important to build the infrastructure as well as introduce in parallel a price policy such as subsidies and tax cuts.

Original languageEnglish
Pages (from-to)85-92
Number of pages8
JournalEconomic Analysis and Policy
Volume61
DOIs
Publication statusPublished - Mar 1 2019

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Electric vehicle
Stated preference
Price policy
Willingness-to-pay
Choice experiment
Tax cuts
Subsidies

All Science Journal Classification (ASJC) codes

  • Economics and Econometrics
  • Economics, Econometrics and Finance (miscellaneous)

Cite this

Do battery-switching systems accelerate the adoption of electric vehicles? A stated preference study. / Ito, Nobuyuki; Takeuchi, Kenji; Managi, Shunsuke.

In: Economic Analysis and Policy, Vol. 61, 01.03.2019, p. 85-92.

Research output: Contribution to journalArticle

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