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Economic incentives for the adoption of electric vehicles: A classification and review of e-vehicle services

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Abstract Policymakers primarily rely on both subsidies and non-economic incentives to support the adoption of electric vehicles. Nevertheless one of the major barriers to widespread adoption is still given by… Click to show full abstract

Abstract Policymakers primarily rely on both subsidies and non-economic incentives to support the adoption of electric vehicles. Nevertheless one of the major barriers to widespread adoption is still given by consumer concerns about the economic benefit of electric vehicle ownership. In this work, we propose economic incentives to ownership in terms of electric vehicle services. We use the concepts of service science to propose a definition of e-vehicle service, and we identify microgrid operation, energy trading and vehicle sharing as general service contexts. We derive the service types within each context by reviewing state-of-the-art approaches to service realization. The resulting service classification provides a complete overview of opportunities to leverage the full economic potential of electric vehicles. As such it indicates which business models and technologies should be supported by policy measures to accelerate the adoption of electric vehicles.

Keywords: adoption electric; vehicle services; vehicle; economic incentives; electric vehicles; service

Journal Title: Transportation Research Part D: Transport and Environment
Year Published: 2018

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