How Policies Affect the Dissemination of Electric Passenger Cars Worldwide

Road transportation is one of the largest emitters greenhouse gas emissions. The EU set target to reduce overall transport emissions by 60% 2050 compared 1990. Electric mobility considered a proper means achieve this goal. Battery electric vehicles (BEVs) are mature technology. high investment costs, limited driving range and charging infrastructure that not extensive yet currently main challenges. This work analyses how policies affect dissemination BEVs in selected countries with remarkable market shares BEVs. core objective investigate BEV economics conventional car economics. Financial their effects on for major markets China, USA Europe were analysed. To do so, total cost ownership (TCO) was calculated each country. conclusions were: (i) had most significant impact TCO; (ii) Low TCO as an incentive enough ensure successful dissemination; (iii) Non-monetary incentives such access certain zones usage bus lanes combined registration taxes, low electricity prices fuel very favourable conditions.