The Global Diffusion of Electric Vehicles : Lessons from the First Decade
Electrifying the transportation sector is key to reaching the goal of carbon neutrality. This paper provides a comprehensive analysis of the diffusion of passenger electric vehicles based on detailed data on model-level electrical vehicle sales acr...
| Main Authors: | , , , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2021
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/undefined/225111639490843204/The-Global-Diffusion-of-Electric-Vehicles-Lessons-from-the-First-Decade http://hdl.handle.net/10986/36740 |
| Summary: | Electrifying the transportation
sector is key to reaching the goal of carbon neutrality.
This paper provides a comprehensive analysis of the
diffusion of passenger electric vehicles based on detailed
data on model-level electrical vehicle sales across the
world from 2013 to 2020. The analysis shows that the highly
uneven electrical vehicle penetration across countries is
partly driven by cross-country variation in incentives and
especially in the availability of charging infrastructure.
Investment in charging infrastructure would have been much
more cost-effective than consumer purchase subsidies in
promoting electrical vehicle adoption. This finding
highlights the importance of expanding charging
infrastructure in the next phase of deeper electrical
vehicle diffusion. |
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