IDEAS home Printed from https://ideas.repec.org/p/clg/wpaper/2022-01.html
   My bibliography  Save this paper

Differential license plate pricing and electric vehicle adoption in Shanghai

Author

Listed:
  • G. Li
  • W. D. Walls

    (University of Calgary)

  • X. Zheng

Abstract

Electric vehicles are the most direct pathway to reduce greenhouse gas emissions of the transportation sector. Regulators around the world have announced ambitious targets on electric vehicle adoption. Direct financial subsidy is the dominant policy to encourage adoption. This paper investigates an alternative policy based on differential license plate pricing across vehicle types in Shanghai. We compare differential license plate pricing with purchase subsidy policy. With a revenue-neutral policy, differential license plate pricing is a more effective tool to promote electric vehicle adoption than direct purchase subsidies. Using monthly vehicle registration data from Shanghai, we estimate that electric vehicle sales would increase by 64% if the full cost of obtaining a license plate for a non-electric vehicle rises by 1,000 yuan ($150).

Suggested Citation

  • G. Li & W. D. Walls & X. Zheng, "undated". "Differential license plate pricing and electric vehicle adoption in Shanghai," Working Papers 2022-01, Department of Economics, University of Calgary.
    • Handle: RePEc:clg:wpaper:2022-01
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Keywords

    Electric Vehicle; Differential License Pricing; Vehicle Control Policy;
    All these keywords.

    JEL classification:

    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • R4 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics
    • R48 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government Pricing and Policy

    Statistics

    Access and download statistics

    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:clg:wpaper:2022-01. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Department of Economics (email available below). General contact details of provider: https://edirc.repec.org/data/declgca.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.