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...
| Main Author: | |
|---|---|
| Other Authors: | , , |
| Format: | eBook |
| Language: | English |
| Published: |
Washington, D.C
The World Bank
2021
|
| 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 |
|---|---|
| Physical Description: | 38 pages |