IDEAS home Printed from https://ideas.repec.org/a/eee/energy/v264y2023ics0360544222026330.html
   My bibliography  Save this article

Effects of multiple incentives on electric vehicle charging infrastructure deployment in China: An evolutionary analysis in complex network

Author

Listed:
  • Chen, Rongkai
  • Fan, Ruguo
  • Wang, Dongxue
  • Yao, Qianyi

Abstract

With the current booming electric vehicle industry, an insufficient supply of electric vehicle charging infrastructure (EVCI) has become a major barrier to further penetration of electric vehicles. Chinese provincial and municipal governments have introduced multiple incentives to address EVCI investment obstacles and promote EVCI deployment. However, the effectiveness and differential effects of these policies are unclear. In this context, this paper constructs an evolutionary game model in complex networks for EVCI deployment that captures the dynamic interactions as well as internal and external influences in infrastructure networks. Leveraging this model, this paper simulates the effects of multiple incentive policies, including investment subsidies, construction subsidies, operation subsidies, user charging subsidies, and policy mixes on EVCI deployment. The results reveal that investment subsidies are quite effective but have more pronounced marginal diminishing effects. Both construction and operation subsidies have had a steady and positive impact. Implementing the two incentives as a policy mix can exert complementary effects, but a careful cost-benefit analysis is needed to prevent incentive saturation. The effect of charging subsidies is not as significant as other incentives. Finally, incentive policies should be implemented for a long time and adjusted for different markets and stages to optimize effectiveness.

Suggested Citation

  • Chen, Rongkai & Fan, Ruguo & Wang, Dongxue & Yao, Qianyi, 2023. "Effects of multiple incentives on electric vehicle charging infrastructure deployment in China: An evolutionary analysis in complex network," Energy, Elsevier, vol. 264(C).
    • Handle: RePEc:eee:energy:v:264:y:2023:i:c:s0360544222026330
    DOI: 10.1016/j.energy.2022.125747
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0360544222026330
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.energy.2022.125747?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Maia, Sara Costa & Teicher, Hannah & Meyboom, AnnaLisa, 2015. "Infrastructure as social catalyst: Electric vehicle station planning and deployment," Technological Forecasting and Social Change, Elsevier, vol. 100(C), pages 53-65.
    2. Helmus, J.R. & Spoelstra, J.C. & Refa, N. & Lees, M. & van den Hoed, R., 2018. "Assessment of public charging infrastructure push and pull rollout strategies: The case of the Netherlands," Energy Policy, Elsevier, vol. 121(C), pages 35-47.
    3. Li, Jingjing & Jiao, Jianling & Tang, Yunshu, 2019. "An evolutionary analysis on the effect of government policies on electric vehicle diffusion in complex network," Energy Policy, Elsevier, vol. 129(C), pages 1-12.
    4. Xing, Jianwei & Leard, Benjamin & Li, Shanjun, 2021. "What does an electric vehicle replace?," Journal of Environmental Economics and Management, Elsevier, vol. 107(C).
    5. Jang, Sungsoon & Choi, Jae Young, 2021. "Which consumer attributes will act crucial roles for the fast market adoption of electric vehicles?: Estimation on the asymmetrical & heterogeneous consumer preferences on the EVs," Energy Policy, Elsevier, vol. 156(C).
    6. Ma, Shao-Chao & Fan, Ying, 2020. "A deployment model of EV charging piles and its impact on EV promotion," Energy Policy, Elsevier, vol. 146(C).
    7. Mengbin Ye & Lorenzo Zino & Žan Mlakar & Jan Willem Bolderdijk & Hans Risselada & Bob M. Fennis & Ming Cao, 2021. "Collective patterns of social diffusion are shaped by individual inertia and trend-seeking," Nature Communications, Nature, vol. 12(1), pages 1-12, December.
    8. Shi, Lefeng & Hao, Ying & Lv, Shengnan & Cipcigan, Liana & Liang, Jun, 2021. "A comprehensive charging network planning scheme for promoting EV charging infrastructure considering the Chicken-Eggs dilemma," Research in Transportation Economics, Elsevier, vol. 88(C).
    9. Qiu, Y.Q. & Zhou, P. & Sun, H.C., 2019. "Assessing the effectiveness of city-level electric vehicle policies in China," Energy Policy, Elsevier, vol. 130(C), pages 22-31.
    10. Li, Junqiang & Ren, Hao & Wang, Mingyue, 2021. "How to escape the dilemma of charging infrastructure construction? A multi-sectorial stochastic evolutionary game model," Energy, Elsevier, vol. 231(C).
    11. Li, Fangyi & Cao, Xin & Ou, Rui, 2021. "A network-based evolutionary analysis of the diffusion of cleaner energy substitution in enterprises: The roles of PEST factors," Energy Policy, Elsevier, vol. 156(C).
    12. Baumgarte, Felix & Kaiser, Matthias & Keller, Robert, 2021. "Policy support measures for widespread expansion of fast charging infrastructure for electric vehicles," Energy Policy, Elsevier, vol. 156(C).
    13. Tan, Ruipeng & Lin, Boqiang, 2020. "Are people willing to support the construction of charging facilities in China?," Energy Policy, Elsevier, vol. 143(C).
    14. Ledna, Catherine & Muratori, Matteo & Brooker, Aaron & Wood, Eric & Greene, David, 2022. "How to support EV adoption: Tradeoffs between charging infrastructure investments and vehicle subsidies in California," Energy Policy, Elsevier, vol. 165(C).
    15. LaMonaca, Sarah & Ryan, Lisa, 2022. "The state of play in electric vehicle charging services – A review of infrastructure provision, players, and policies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 154(C).
    16. Ji, Zhenya & Huang, Xueliang, 2018. "Plug-in electric vehicle charging infrastructure deployment of China towards 2020: Policies, methodologies, and challenges," Renewable and Sustainable Energy Reviews, Elsevier, vol. 90(C), pages 710-727.
    17. Huang, Xingjun & Lin, Yun & Lim, Ming K. & Zhou, Fuli & Ding, Rui & Zhang, Zusheng, 2022. "Evolutionary dynamics of promoting electric vehicle-charging infrastructure based on public–private partnership cooperation," Energy, Elsevier, vol. 239(PD).
    18. Sheldon, Tamara L. & Dua, Rubal, 2019. "Measuring the cost-effectiveness of electric vehicle subsidies," Energy Economics, Elsevier, vol. 84(C).
    19. Song, Yanqiu & Shangguan, Lingzhi & Li, Guijun, 2021. "Simulation analysis of flexible concession period contracts in electric vehicle charging infrastructure public-private-partnership (EVCI-PPP) projects based on time-of-use (TOU) charging price strateg," Energy, Elsevier, vol. 228(C).
    20. Zhu, Lijing & Wang, Peize & Zhang, Qi, 2019. "Indirect network effects in China’s electric vehicle diffusion under phasing out subsidies," Applied Energy, Elsevier, vol. 251(C), pages 1-1.
    21. Josef Taalbi & Hana Nielsen, 2021. "The role of energy infrastructure in shaping early adoption of electric and gasoline cars," Nature Energy, Nature, vol. 6(10), pages 970-976, October.
    22. Lin, Haiyang & Bian, Caiyun & Wang, Yu & Li, Hailong & Sun, Qie & Wallin, Fredrik, 2022. "Optimal planning of intra-city public charging stations," Energy, Elsevier, vol. 238(PC).
    23. Shi, Yingying & Wei, Zixiang & Shahbaz, Muhammad & Zeng, Yongchao, 2021. "Exploring the dynamics of low-carbon technology diffusion among enterprises: An evolutionary game model on a two-level heterogeneous social network," Energy Economics, Elsevier, vol. 101(C).
    24. Zhang, Qi & Li, Hailong & Zhu, Lijing & Campana, Pietro Elia & Lu, Huihui & Wallin, Fredrik & Sun, Qie, 2018. "Factors influencing the economics of public charging infrastructures for EV – A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 94(C), pages 500-509.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Rosa, Carmen Brum & Francescatto, Matheus Binotto & Neuenfeldt Júnior, Alvaro Luiz & Bernardon, Daniel Pinheiro & dos Santos, Laura Lisiane Callai, 2023. "Regulatory analysis of E-mobility for Brazil: A comparative review and outlook," Utilities Policy, Elsevier, vol. 84(C).
    2. Wenhui Zhao & Yimeng Liu & Jiansheng Hou & Lifang Liu, 2023. "Impact of Carbon Trading Mechanism Considering Blockchain Technology on the Evolution of New Energy Vehicle Industry in the Post-Subsidy Era," Sustainability, MDPI, vol. 15(17), pages 1-18, September.
    3. Fei Huang & Hua Fan & Yunlong Shang & Yuankang Wei & Sulaiman Z. Almutairi & Abdullah M. Alharbi & Hengrui Ma & Hongxia Wang, 2024. "Research on Renewable Energy Trading Strategies Based on Evolutionary Game Theory," Sustainability, MDPI, vol. 16(7), pages 1-26, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Huang, Xingjun & Lin, Yun & Lim, Ming K. & Zhou, Fuli & Liu, Feng, 2022. "Electric vehicle charging station diffusion: An agent-based evolutionary game model in complex networks," Energy, Elsevier, vol. 257(C).
    2. Liu, Chang & Liu, Yuan & Zhang, Dayong & Xie, Chunping, 2022. "The capital market responses to new energy vehicle (NEV) subsidies: An event study on China," Energy Economics, Elsevier, vol. 105(C).
    3. Li, Jingjing & Nian, Victor & Jiao, Jianling, 2022. "Diffusion and benefits evaluation of electric vehicles under policy interventions based on a multiagent system dynamics model," Applied Energy, Elsevier, vol. 309(C).
    4. Wang, Yitong & Fan, Ruguo & Du, Kang & Bao, Xuguang, 2023. "Exploring incentives to promote electric vehicles diffusion under subsidy abolition: An evolutionary analysis on multiplex consumer social networks," Energy, Elsevier, vol. 276(C).
    5. Ma, Shao-Chao & Fan, Ying, 2020. "A deployment model of EV charging piles and its impact on EV promotion," Energy Policy, Elsevier, vol. 146(C).
    6. Hu, Dingding & Zhou, Kaile & Li, Fangyi & Ma, Dawei, 2022. "Electric vehicle user classification and value discovery based on charging big data," Energy, Elsevier, vol. 249(C).
    7. Tong Zhang, Paul J. Burke, and Qi Wang, 2024. "Effectiveness of electric vehicle subsidies in China: A three-dimensional panel study," Departmental Working Papers 2024-1, The Australian National University, Arndt-Corden Department of Economics.
    8. Ruguo Fan & Rongkai Chen, 2022. "Promotion Policies for Electric Vehicle Diffusion in China Considering Dynamic Consumer Preferences: A Network-Based Evolutionary Analysis," IJERPH, MDPI, vol. 19(9), pages 1-21, April.
    9. Nie, Qingyun & Zhang, Lihui & Tong, Zihao & Hubacek, Klaus, 2022. "Strategies for applying carbon trading to the new energy vehicle market in China: An improved evolutionary game analysis for the bus industry," Energy, Elsevier, vol. 259(C).
    10. Rasti-Barzoki, Morteza & Moon, Ilkyeong, 2021. "A game theoretic approach for analyzing electric and gasoline-based vehicles’ competition in a supply chain under government sustainable strategies: A case study of South Korea," Renewable and Sustainable Energy Reviews, Elsevier, vol. 146(C).
    11. Konstantina Anastasiadou & Nikolaos Gavanas, 2022. "State-of-the-Art Review of the Key Factors Affecting Electric Vehicle Adoption by Consumers," Energies, MDPI, vol. 15(24), pages 1-23, December.
    12. Martin Kalthaus & Jiatang Sun, 2021. "Determinants of Electric Vehicle Diffusion in China," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 80(3), pages 473-510, November.
    13. Liu, Jicheng & Sun, Jiakang & Yuan, Hanying & Su, Yihan & Feng, Shuxian & Lu, Chaoran, 2022. "Behavior analysis of photovoltaic-storage-use value chain game evolution in blockchain environment," Energy, Elsevier, vol. 260(C).
    14. Zunian Luo, 2022. "Powering Up a Slow Charging Market: How Do Government Subsidies Affect Charging Station Supply?," Papers 2210.14908, arXiv.org, revised Jan 2023.
    15. Chen, Shangrong & Bravo-Melgarejo, Sai & Mongeau, Romain & Malavolti, Estelle, 2023. "Adopting and diffusing hydrogen technology in air transport: An evolutionary game theory approach," Energy Economics, Elsevier, vol. 125(C).
    16. Fescioglu-Unver, Nilgun & Yıldız Aktaş, Melike, 2023. "Electric vehicle charging service operations: A review of machine learning applications for infrastructure planning, control, pricing and routing," Renewable and Sustainable Energy Reviews, Elsevier, vol. 188(C).
    17. Zhang, Lihui & Zhao, Zhenli & Yang, Meng & Li, Songrui, 2020. "A multi-criteria decision method for performance evaluation of public charging service quality," Energy, Elsevier, vol. 195(C).
    18. Luo, Qi & Yin, Yunlei & Chen, Pengyu & Zhan, Zhenfei & Saigal, Romesh, 2022. "Dynamic subsidies for synergistic development of charging infrastructure and electric vehicle adoption," Transport Policy, Elsevier, vol. 129(C), pages 117-136.
    19. Zheng, Xuemei & Menezes, Flavio & Zheng, Xiaofeng & Wu, Chengkuan, 2022. "An empirical assessment of the impact of subsidies on EV adoption in China: A difference-in-differences approach," Transportation Research Part A: Policy and Practice, Elsevier, vol. 162(C), pages 121-136.
    20. Huang, Xingjun & Lin, Yun & Lim, Ming K. & Zhou, Fuli & Ding, Rui & Zhang, Zusheng, 2022. "Evolutionary dynamics of promoting electric vehicle-charging infrastructure based on public–private partnership cooperation," Energy, Elsevier, vol. 239(PD).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:energy:v:264:y:2023:i:c:s0360544222026330. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/energy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.