Do Electricity Prices Affect Electric Vehicle Adoption?

Details

• Creators:
  Bushnell, James ; Muehlegger, Erich ; Rapson, David
• Corporate Creators:
  University of California, Davis, Institute of Transportation Studies
• Corporate Contributors:
  University of California Institute of Transportation Studies
• Subject/TRT Terms:
  • Consumer behavior
  • Demand
  • Electric vehicles
  • Electricity
  • Gasoline
  • Prices
• Publication/ Report Number:
  UC-ITS-2020-12
• DOI:
  https://doi.org/10.7922/G2DJ5CX3
• Resource Type:
  Tech Report
• Geographical Coverage:
  California ; United States
• Edition:
  Final Report (October 2019 – September 2020)
• Corporate Publisher:
  University of California Institute of Transportation Studies
• Abstract:
  This report presents evidence that gasoline prices have a larger effect on demand for battery electric vehicles (BEVs) than do electricity prices in California. A spatially-disaggregated panel dataset of monthly BEV registration records was matched to detailed records of gasoline and electricity prices in California from 2014-2017, and the matched data was used to estimate the effect of energy prices on BEV demand. Two distinct empirical approaches (panel fixed-effects and a utility-border discontinuity) yield remarkably similar results: a given change in gasoline prices has roughly four times the effect on BEV demand as a similar percentage change in electricity prices.
• Format:
  PDF
• Funding:
  UC-ITS-2020-12
• Download URL:
  https://rosap.ntl.bts.gov/view/dot/72321/dot_72321_DS1.pdf
• File Type:
  [PDF - 882.27 KB]
• Collection(s):
  US Transportation Collection
• Main Document Checksum:
  urn:sha-512:a17ffda56b7205e9116b40eaee40be0e7dc22224e459d9d1a8d6df567b6efa1c26baa798be2680debdc00e1e0343dbba8936cbec44d38e2c2d8a9290a005c4be