Are consumer preferences for attributes of alternative vehicles sufficiently accounted for in current policies?. (June 2021)
- Record Type:
- Journal Article
- Title:
- Are consumer preferences for attributes of alternative vehicles sufficiently accounted for in current policies?. (June 2021)
- Main Title:
- Are consumer preferences for attributes of alternative vehicles sufficiently accounted for in current policies?
- Authors:
- Rommel, Kai
Sagebiel, Julian - Abstract:
- Highlights: The number of BEV has increased more than the number of charging points. Respondents prefer lower purchasing prices and running costs. Younger respondents and tenants have stronger preferences for electric vehicles. For a high availability of petrol stations, the additional WTP amounts to 27%. Impact of public incentives is limited. Abstract: International research illustrates some attributes of electro-mobility such as charging infrastructure and range which are crucial determinants of market development. Between 2017 and 2020 the number of battery electric vehicles in Germany has increased much more compared to the number of charging points. High preferences for these attributes in combination with insufficient infrastructure require further clarification to explain why the development of markets for electro-mobility in Germany during the last years is not as expected. This study aims to examine the willingness to pay for attributes of different types of electric vehicles and for car sharing in order to derive recommendations for marketing and policy. The representative study is based on a survey of 405 car users in Germany using a discrete choice experiment with the attributes price, power, running costs, bonus, range and availability of charging stations. 12 choice situations were presented to each respondent. A latent class model was used to analyze socio economic determinants of the willingness to pay for single attributes. The results confirm findings inHighlights: The number of BEV has increased more than the number of charging points. Respondents prefer lower purchasing prices and running costs. Younger respondents and tenants have stronger preferences for electric vehicles. For a high availability of petrol stations, the additional WTP amounts to 27%. Impact of public incentives is limited. Abstract: International research illustrates some attributes of electro-mobility such as charging infrastructure and range which are crucial determinants of market development. Between 2017 and 2020 the number of battery electric vehicles in Germany has increased much more compared to the number of charging points. High preferences for these attributes in combination with insufficient infrastructure require further clarification to explain why the development of markets for electro-mobility in Germany during the last years is not as expected. This study aims to examine the willingness to pay for attributes of different types of electric vehicles and for car sharing in order to derive recommendations for marketing and policy. The representative study is based on a survey of 405 car users in Germany using a discrete choice experiment with the attributes price, power, running costs, bonus, range and availability of charging stations. 12 choice situations were presented to each respondent. A latent class model was used to analyze socio economic determinants of the willingness to pay for single attributes. The results confirm findings in the literature indicating low preferences for battery electric vehicles in general. Due to high shares of house owners in sub-urban regions this consumer group should be more focused in local sustainability concepts and marketing of battery electric vehicles and other alternative vehicles. … (more)
- Is Part Of:
- Transportation research interdisciplinary perspectives. Volume 10(2021)
- Journal:
- Transportation research interdisciplinary perspectives
- Issue:
- Volume 10(2021)
- Issue Display:
- Volume 10, Issue 2021 (2021)
- Year:
- 2021
- Volume:
- 10
- Issue:
- 2021
- Issue Sort Value:
- 2021-0010-2021-0000
- Page Start:
- Page End:
- Publication Date:
- 2021-06
- Subjects:
- Alternative vehicles -- Attitudes -- Discrete choice experiment -- Willingness-to-pay -- Sustainable mobility -- Germany
Transportation -- Periodicals
388.05 - Journal URLs:
- https://www.sciencedirect.com/journal/transportation-research-interdisciplinary-perspectives/issues ↗
http://www.sciencedirect.com/ ↗ - DOI:
- 10.1016/j.trip.2021.100385 ↗
- Languages:
- English
- ISSNs:
- 2590-1982
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - BLDSS-3PM
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