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 across the world from 2013 to 2020. The analysis shows...
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Other Authors: | , , |
Format: | eBook |
Language: | English |
Published: |
Washington, D.C
The World Bank
2021
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Subjects: | |
Online Access: | |
Collection: | World Bank E-Library Archive - Collection details see MPG.ReNa |
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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Physical Description: | 38 pages |