IDEAS home Printed from https://ideas.repec.org/a/gam/jeners/v10y2017i2p228-d90396.html
   My bibliography  Save this article

Electric Vehicle Market Penetration and Impacts on Energy Consumption and CO 2 Emission in the Future: Beijing Case

Author

Listed:
  • Qian Zhang

    (Institute of Energy, Environment and Economy, Tsinghua University, Beijing 100084, China
    China Automotive Energy Research Center, Tsinghua University, Beijing 100084, China)

  • Xunmin Ou

    (Institute of Energy, Environment and Economy, Tsinghua University, Beijing 100084, China
    China Automotive Energy Research Center, Tsinghua University, Beijing 100084, China)

  • Xiaoyu Yan

    (Environment and Sustainability Institute, University of Exeter Penryn Campus, Penryn, Cornwall TR10 9FE, UK)

  • Xiliang Zhang

    (Institute of Energy, Environment and Economy, Tsinghua University, Beijing 100084, China
    China Automotive Energy Research Center, Tsinghua University, Beijing 100084, China)

Abstract

This study focuses on the development of electric vehicles (EV) in the private passenger vehicle fleet in Beijing (China), analyzes how EVs will penetrate in the market, and estimates the resulting impacts on energy consumption and CO 2 emissions up to 2030. A discrete choice model is adopted with consideration of variables including vehicle technical characteristics, fuel prices, charging conditions and support policies. Results show that by 2030, without technological breakthrough and support policies, the market share of EV will be less than 7%, with gasoline dominating the energy structure. With fast technological progress, charging facility establishment, subsidies and tax breaks, EVs will account for 70% of annual new vehicle sales and nearly half of the vehicle stock by 2030, resulting in the substitution of nearly 1 million tons of gasoline with 3.2 billion kWh electricity in 2030 and the reduction of 0.6 million tons of CO 2 emission in 2030. Technological progress, charging conditions and fuel prices are the top three drivers. Subsidies play an important role in the early stage, while tax and supply-side policies can be good options as long-term incentives.

Suggested Citation

  • Qian Zhang & Xunmin Ou & Xiaoyu Yan & Xiliang Zhang, 2017. "Electric Vehicle Market Penetration and Impacts on Energy Consumption and CO 2 Emission in the Future: Beijing Case," Energies, MDPI, vol. 10(2), pages 1-15, February.
  • Handle: RePEc:gam:jeners:v:10:y:2017:i:2:p:228-:d:90396
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1996-1073/10/2/228/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/1996-1073/10/2/228/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Cong Hou & Hewu Wang & Minggao Ouyang, 2014. "Battery Sizing for Plug-in Hybrid Electric Vehicles in Beijing: A TCO Model Based Analysis," Energies, MDPI, vol. 7(8), pages 1-26, August.
    2. Björn Nykvist & Måns Nilsson, 2015. "Rapidly falling costs of battery packs for electric vehicles," Nature Climate Change, Nature, vol. 5(4), pages 329-332, April.
    3. Train,Kenneth E., 2009. "Discrete Choice Methods with Simulation," Cambridge Books, Cambridge University Press, number 9780521766555, September.
    4. Jianlei Lang & Shuiyuan Cheng & Ying Zhou & Beibei Zhao & Haiyan Wang & Shujing Zhang, 2013. "Energy and Environmental Implications of Hybrid and Electric Vehicles in China," Energies, MDPI, vol. 6(5), pages 1-23, May.
    5. Wang, Hewu & Zhang, Xiaobin & Ouyang, Minggao, 2015. "Energy consumption of electric vehicles based on real-world driving patterns: A case study of Beijing," Applied Energy, Elsevier, vol. 157(C), pages 710-719.
    Full references (including those not matched with items on IDEAS)

    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. Yunna Wu & Meng Yang & Haobo Zhang & Kaifeng Chen & Yang Wang, 2016. "Optimal Site Selection of Electric Vehicle Charging Stations Based on a Cloud Model and the PROMETHEE Method," Energies, MDPI, vol. 9(3), pages 1-20, March.
    2. Gnann, Till & Plötz, Patrick & Kühn, André & Wietschel, Martin, 2015. "Modelling market diffusion of electric vehicles with real world driving data – German market and policy options," Transportation Research Part A: Policy and Practice, Elsevier, vol. 77(C), pages 95-112.
    3. Keuchel, Stephan & Jacobs, Leif & Laurenz, Karolyn, 2019. "Owners of energy-efficient houses as a target group for sustainable electric mobility," Transport Policy, Elsevier, vol. 81(C), pages 254-262.
    4. Kalkbrenner, Bernhard J., 2019. "Residential vs. community battery storage systems – Consumer preferences in Germany," Energy Policy, Elsevier, vol. 129(C), pages 1355-1363.
    5. Kangda Chen & Fuquan Zhao & Han Hao & Zongwei Liu, 2018. "Synergistic Impacts of China’s Subsidy Policy and New Energy Vehicle Credit Regulation on the Technological Development of Battery Electric Vehicles," Energies, MDPI, vol. 11(11), pages 1-19, November.
    6. Helveston, John Paul & Liu, Yimin & Feit, Elea McDonnell & Fuchs, Erica & Klampfl, Erica & Michalek, Jeremy J., 2015. "Will subsidies drive electric vehicle adoption? Measuring consumer preferences in the U.S. and China," Transportation Research Part A: Policy and Practice, Elsevier, vol. 73(C), pages 96-112.
    7. Wolinetz, Michael & Axsen, Jonn, 2017. "How policy can build the plug-in electric vehicle market: Insights from the REspondent-based Preference And Constraints (REPAC) model," Technological Forecasting and Social Change, Elsevier, vol. 117(C), pages 238-250.
    8. Wen Wang & Zhicheng Xie & Mingfeng Feng & Yu Qi & Yi Dou, 2023. "Investigation of the Influencing Factors on Consumers’ Purchase Willingness towards New-Energy Vehicles in China: A Questionnaire Analysis Using Matrix Model," Energies, MDPI, vol. 16(15), pages 1-15, July.
    9. Esteban Lopez-Arboleda & Alfonso T. Sarmiento & Laura M. Cardenas, 2021. "Systemic approach for integration of sustainability in evaluation of public policies for adoption of electric vehicles," Systemic Practice and Action Research, Springer, vol. 34(4), pages 399-417, August.
    10. Zhifeng Gao & Ted C. Schroeder, 2009. "Consumer responses to new food quality information: are some consumers more sensitive than others?," Agricultural Economics, International Association of Agricultural Economists, vol. 40(3), pages 339-346, May.
    11. Cheng, Leilei & Yin, Changbin & Chien, Hsiaoping, 2015. "Demand for milk quantity and safety in urban China: evidence from Beijing and Harbin," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 59(2), April.
    12. Wen, Chieh-Hua & Huang, Chia-Jung & Fu, Chiang, 2020. "Incorporating continuous representation of preferences for flight departure times into stated itinerary choice modeling," Transport Policy, Elsevier, vol. 98(C), pages 10-20.
    13. Johannes Buggle & Thierry Mayer & Seyhun Orcan Sakalli & Mathias Thoenig, 2023. "The Refugee’s Dilemma: Evidence from Jewish Migration out of Nazi Germany," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 138(2), pages 1273-1345.
    14. Christelis, Dimitris & Dobrescu, Loretti I. & Motta, Alberto, 2020. "Early life conditions and financial risk-taking in older age," The Journal of the Economics of Ageing, Elsevier, vol. 17(C).
    15. Ortega, David L. & Wang, H. Holly & Wu, Laping & Hong, Soo Jeong, 2015. "Retail channel and consumer demand for food quality in China," China Economic Review, Elsevier, vol. 36(C), pages 359-366.
    16. Tina Birgitte Hansen & Jes Sanddal Lindholt & Axel Diederichsen & Rikke Søgaard, 2019. "Do Non-participants at Screening have a Different Threshold for an Acceptable Benefit–Harm Ratio than Participants? Results of a Discrete Choice Experiment," The Patient: Patient-Centered Outcomes Research, Springer;International Academy of Health Preference Research, vol. 12(5), pages 491-501, October.
    17. Doyle, Orla & Fidrmuc, Jan, 2006. "Who favors enlargement?: Determinants of support for EU membership in the candidate countries' referenda," European Journal of Political Economy, Elsevier, vol. 22(2), pages 520-543, June.
    18. Tovar, Jorge, 2012. "Consumers’ Welfare and Trade Liberalization: Evidence from the Car Industry in Colombia," World Development, Elsevier, vol. 40(4), pages 808-820.
    19. Pereira, Pedro & Ribeiro, Tiago, 2011. "The impact on broadband access to the Internet of the dual ownership of telephone and cable networks," International Journal of Industrial Organization, Elsevier, vol. 29(2), pages 283-293, March.
    20. Yamada, Katsunori & Sato, Masayuki, 2013. "Another avenue for anatomy of income comparisons: Evidence from hypothetical choice experiments," Journal of Economic Behavior & Organization, Elsevier, vol. 89(C), pages 35-57.

    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:gam:jeners:v:10:y:2017:i:2:p:228-:d:90396. 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: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    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.