IDEAS home Printed from https://ideas.repec.org/p/cdl/itsdav/qt368290kp.html
   My bibliography  Save this paper

Facilitating Electric Vehicle Adoption with Vehicle Cost Calculators

Author

Listed:
  • Sanguinetti, Angela
  • Alston-Stepnitz, Eli
  • Cimene, Angelika

Abstract

Consumer education regarding the costs of electric vehicles (EVs), particularly in comparison with similar gasoline vehicles, is important for adoption. However, the complexity of comparing gasoline and electricity prices, and balancing long-term return-on-investment from fuel and maintenance savings with purchase premiums for EVs, makes it difficult for consumers to assess potential economic advantages. Online vehicle cost calculators (VCCs) may help consumers navigate this complexity by providing tailored estimates of different types of vehicles costs for users and enabling comparisons across multiple vehicles. However, VCCs range widely and there has been virtually no behavioral research to identify functionalities and features that determine their usefulness in engaging and educating consumers and promoting EV adoption. This research draws on a behavioral theory, systematic review of available VCCs, and user research with three VCCs to articulate design recommendations for effective VCCs. View the NCST Project Webpage

Suggested Citation

  • Sanguinetti, Angela & Alston-Stepnitz, Eli & Cimene, Angelika, 2020. "Facilitating Electric Vehicle Adoption with Vehicle Cost Calculators," Institute of Transportation Studies, Working Paper Series qt368290kp, Institute of Transportation Studies, UC Davis.
    • Handle: RePEc:cdl:itsdav:qt368290kp
    as

    Download full text from publisher

    File URL: https://www.escholarship.org/uc/item/368290kp.pdf;origin=repeccitec
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Xavier Gabaix & David Laibson, 2018. "Shrouded attributes, consumer myopia and information suppression in competitive markets," Chapters, in: Victor J. Tremblay & Elizabeth Schroeder & Carol Horton Tremblay (ed.), Handbook of Behavioral Industrial Organization, chapter 3, pages 40-74, Edward Elgar Publishing.
    2. Hunt Allcott, 2011. "Consumers' Perceptions and Misperceptions of Energy Costs," American Economic Review, American Economic Association, vol. 101(3), pages 98-104, May.
    3. Turrentine, Tom & Kurani, Kenneth S, 2007. "Car buyers and fuel economy?," Institute of Transportation Studies, Working Paper Series qt56x845v4, Institute of Transportation Studies, UC Davis.
    4. Troy R. Hawkins & Bhawna Singh & Guillaume Majeau‐Bettez & Anders Hammer Strømman, 2013. "Comparative Environmental Life Cycle Assessment of Conventional and Electric Vehicles," Journal of Industrial Ecology, Yale University, vol. 17(1), pages 53-64, February.
    5. Wu, Geng & Inderbitzin, Alessandro & Bening, Catharina, 2015. "Total cost of ownership of electric vehicles compared to conventional vehicles: A probabilistic analysis and projection across market segments," Energy Policy, Elsevier, vol. 80(C), pages 196-214.
    6. Eppstein, Margaret J. & Grover, David K. & Marshall, Jeffrey S. & Rizzo, Donna M., 2011. "An agent-based model to study market penetration of plug-in hybrid electric vehicles," Energy Policy, Elsevier, vol. 39(6), pages 3789-3802, June.
    7. Onat, Nuri Cihat & Kucukvar, Murat & Tatari, Omer, 2015. "Conventional, hybrid, plug-in hybrid or electric vehicles? State-based comparative carbon and energy footprint analysis in the United States," Applied Energy, Elsevier, vol. 150(C), pages 36-49.
    8. Ali Siddiq Alhakami & Paul Slovic, 1994. "A Psychological Study of the Inverse Relationship Between Perceived Risk and Perceived Benefit," Risk Analysis, John Wiley & Sons, vol. 14(6), pages 1085-1096, December.
    9. Turrentine, Thomas S. & Kurani, Kenneth S., 2007. "Car buyers and fuel economy?," Energy Policy, Elsevier, vol. 35(2), pages 1213-1223, February.
    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. Sanguinetti, Angela & Favetti, Matthew & Hirschfelt, Kate & Kong, Nathaniel & Chakraborty, Debapriya & Alston-Stepnitz, Eli & Ma, Howard, 2023. "Developing a Vehicle Cost Calculator to Promote Electric Vehicle Adoption Among TNC Drivers," Institute of Transportation Studies, Working Paper Series qt1v44b5kp, Institute of Transportation Studies, UC Davis.

    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. Sanguinetti, Angela & Favetti, Matthew & Hirschfelt, Kate & Kong, Nathaniel & Chakraborty, Debapriya & Alston-Stepnitz, Eli & Ma, Howard, 2023. "Developing a Vehicle Cost Calculator to Promote Electric Vehicle Adoption Among TNC Drivers," Institute of Transportation Studies, Working Paper Series qt1v44b5kp, Institute of Transportation Studies, UC Davis.
    2. Xiaoxue Zheng & Haiyan Lin & Zhi Liu & Dengfeng Li & Carlos Llopis-Albert & Shouzhen Zeng, 2018. "Manufacturing Decisions and Government Subsidies for Electric Vehicles in China: A Maximal Social Welfare Perspective," Sustainability, MDPI, vol. 10(3), pages 1-28, March.
    3. Santos, Georgina & Rembalski, Sebastian, 2021. "Do electric vehicles need subsidies in the UK?," Energy Policy, Elsevier, vol. 149(C).
    4. Saiful Hasan & Terje Andreas Mathisen, 2020. "Policy measures for electric vehicle adoption. A review of evidence from Norway and China," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 0(1), pages 25-46.
    5. Alexander Petre & Jeffrey Wagner, 2013. "Green Consumption under Misperceived Prices: An Application to Active Transportation," Southern Economic Journal, John Wiley & Sons, vol. 80(1), pages 187-204, July.
    6. Leard, Benjamin, 2018. "Consumer inattention and the demand for vehicle fuel cost savings," Journal of choice modelling, Elsevier, vol. 29(C), pages 1-16.
    7. Laura Abrardi, 2019. "Behavioral barriers and the energy efficiency gap: a survey of the literature," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 46(1), pages 25-43, March.
    8. James Carroll & Eleanor Denny & Ronan C. Lyons, 2020. "Better energy cost information changes household property investment decisions: Evidence from a nationwide experiment," Trinity Economics Papers tep1520, Trinity College Dublin, Department of Economics.
    9. von Rosenstiel, Dirk Peters & Heuermann, Daniel F. & Hüsig, Stefan, 2015. "Why has the introduction of natural gas vehicles failed in Germany?—Lessons on the role of market failure in markets for alternative fuel vehicles," Energy Policy, Elsevier, vol. 78(C), pages 91-101.
    10. Han, Liu & Wang, Shanyong & Zhao, Dingtao & Li, Jun, 2017. "The intention to adopt electric vehicles: Driven by functional and non-functional values," Transportation Research Part A: Policy and Practice, Elsevier, vol. 103(C), pages 185-197.
    11. Mariangela Scorrano & Terje Andreas Mathisen & Marco Giansoldati, 2019. "Is electric car uptake driven by monetary factors? A total cost of ownership comparison between Norway and Italy," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 0(2), pages 99-132.
    12. Samdruk Dharshing & Stefanie Lena Hille, 2017. "The Energy Paradox Revisited: Analyzing the Role of Individual Differences and Framing Effects in Information Perception," Journal of Consumer Policy, Springer, vol. 40(4), pages 485-508, December.
    13. Plötz, Patrick & Gnann, Till & Wietschel, Martin, 2014. "Modelling market diffusion of electric vehicles with real world driving data — Part I: Model structure and validation," Ecological Economics, Elsevier, vol. 107(C), pages 411-421.
    14. 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.
    15. Hasan, Saiful & Simsekoglu, Özlem, 2020. "The role of psychological factors on vehicle kilometer travelled (VKT) for battery electric vehicle (BEV) users," Research in Transportation Economics, Elsevier, vol. 82(C).
    16. Wolf, Ingo & Schröder, Tobias & Neumann, Jochen & de Haan, Gerhard, 2015. "Changing minds about electric cars: An empirically grounded agent-based modeling approach," Technological Forecasting and Social Change, Elsevier, vol. 94(C), pages 269-285.
    17. Hamamoto, Mitsutsugu, 2019. "An empirical study on the behavior of hybrid-electric vehicle purchasers," Energy Policy, Elsevier, vol. 125(C), pages 286-292.
    18. Sovacool, Benjamin K. & Axsen, Jonn, 2018. "Functional, symbolic and societal frames for automobility: Implications for sustainability transitions," Transportation Research Part A: Policy and Practice, Elsevier, vol. 118(C), pages 730-746.
    19. Hardman, Scott & Shiu, Eric & Steinberger-Wilckens, Robert & Turrentine, Thomas, 2017. "Barriers to the adoption of fuel cell vehicles: A qualitative investigation into early adopters attitudes," Transportation Research Part A: Policy and Practice, Elsevier, vol. 95(C), pages 166-182.
    20. Espey, Molly, 2013. "Automobile Fuel Economy: Under-valued, Over-valued, or Both?," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150691, Agricultural and Applied Economics Association.

    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:cdl:itsdav:qt368290kp. 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: Lisa Schiff (email available below). General contact details of provider: https://edirc.repec.org/data/itucdus.html .

    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.