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Modeling the Price of Electric Vehicles as an Element of Promotion of Environmental Safety and Climate Neutrality: Evidence from Poland

Author

Listed:
  • Małgorzata Grzelak

    (Faculty of Security, Logistics and Management, Military University of Technology, 00-908 Warsaw, Poland)

  • Magdalena Rykała

    (Faculty of Security, Logistics and Management, Military University of Technology, 00-908 Warsaw, Poland)

Abstract

One of the main threats to ecological safety is the increased emissions of greenhouse gases. Promoting the purchase of electric vehicles and increasing their share among all cars in a given country can be considered as activities reducing the emissions of CO 2 into the atmosphere. Based on Environmental Performance Index, in 2021, Poland is in 37th place among the most climate-friendly countries in the world, and 30th among similar countries in Europe. The aim of the article was to model the prices of electric vehicles as one of the elements of promoting climate security in Poland. For the purposes of the study, an analysis of data from electric vehicle sales advertisements on one of the Polish automotive services was carried out. Moreover, on this basis, the most important factors influencing the price of the vehicle were analyzed. For this purpose, forecasting models were built based on neural networks and selected models of decision trees based on the CART algorithm, boosted trees, and random forest. We assessed the developed models and compared their prognostic abilities.

Suggested Citation

  • Małgorzata Grzelak & Magdalena Rykała, 2021. "Modeling the Price of Electric Vehicles as an Element of Promotion of Environmental Safety and Climate Neutrality: Evidence from Poland," Energies, MDPI, vol. 14(24), pages 1-18, December.
    • Handle: RePEc:gam:jeners:v:14:y:2021:i:24:p:8534-:d:705260
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    References listed on IDEAS

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    1. Lessmann, Stefan & Voß, Stefan, 2017. "Car resale price forecasting: The impact of regression method, private information, and heterogeneity on forecast accuracy," International Journal of Forecasting, Elsevier, vol. 33(4), pages 864-877.
    2. Sarah Wolf & Jonas Teitge & Jahel Mielke & Franziska Schütze & Carlo Jaeger, 2021. "The European Green Deal — More Than Climate Neutrality," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 56(2), pages 99-107, March.
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    Cited by:

    1. Igor Betkier & Elżbieta Macioszek, 2022. "Characteristics of Parking Lots Located along Main Roads in Terms of Cargo Truck Requirements: A Case Study of Poland," Sustainability, MDPI, vol. 14(23), pages 1-21, November.

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