TY - JOUR
T1 - The impact of learning and short term experience on preferences for electric vehicles
AU - Aravena, Claudia
AU - Denny, Eleanor
N1 - Funding Information:
This research was funded under the Programme for Research in Third Level Institutions (PRTLI) by the Higher Education Authority of Ireland and co-funded under the European Regional Development Fund ( ERDF ), project grant ERC:GI . The funders had no input in study design; in the collection, analysis and interpretation of data; in the writing of the report; and in the decision to submit the article for publication. Thanks are also expressed to ESB for facilitating the demonstration of the vehicle and the presentation, and to TCD Estates and Facilities for allowing the vehicle to be used on campus.
Publisher Copyright:
© 2021 The Authors
PY - 2021/12
Y1 - 2021/12
N2 - The transport sector is a key contributor of global greenhouse gas emissions and electric vehicles have become a focus in striving to achieve decarbonisation and efficiency in the sector. This study uses a stated preference methodology, specifically choice experiments, to investigate the attitudes and preferences of potential buyers for a number of technical, environmental and policy attributes of electric vehicles in Ireland. We specifically focus on whether learning through provision of information and a brief vehicle experience affects preferences and welfare measures. Previous studies have examined the role of lengthy electric vehicle demonstration trials, for example 3 month trials, on preferences. This paper addresses a gap in the literature by considering the role of much shorter scale experience (minutes rather than months) on attitudes which more closely represents the experience that a potential purchaser will have at the point of investment. Using random parameter models, our results show that people are willing to pay more for certain technical and environmental features of electric vehicles, however, policy measures such as preferential parking rates are seen to have a non-significant effect on utility of participants. The learning process increases the significance of the environmental component, and produces significantly higher willingness to pay for increased battery range and vehicle size.
AB - The transport sector is a key contributor of global greenhouse gas emissions and electric vehicles have become a focus in striving to achieve decarbonisation and efficiency in the sector. This study uses a stated preference methodology, specifically choice experiments, to investigate the attitudes and preferences of potential buyers for a number of technical, environmental and policy attributes of electric vehicles in Ireland. We specifically focus on whether learning through provision of information and a brief vehicle experience affects preferences and welfare measures. Previous studies have examined the role of lengthy electric vehicle demonstration trials, for example 3 month trials, on preferences. This paper addresses a gap in the literature by considering the role of much shorter scale experience (minutes rather than months) on attitudes which more closely represents the experience that a potential purchaser will have at the point of investment. Using random parameter models, our results show that people are willing to pay more for certain technical and environmental features of electric vehicles, however, policy measures such as preferential parking rates are seen to have a non-significant effect on utility of participants. The learning process increases the significance of the environmental component, and produces significantly higher willingness to pay for increased battery range and vehicle size.
KW - Choice experiment
KW - Electric vehicles
KW - Ireland
KW - Learning and experience effect
KW - Price vector
KW - Stable preferences
UR - http://www.scopus.com/inward/record.url?scp=85115771462&partnerID=8YFLogxK
U2 - 10.1016/j.rser.2021.111656
DO - 10.1016/j.rser.2021.111656
M3 - Article
SN - 1364-0321
VL - 152
JO - Renewable and Sustainable Energy Reviews
JF - Renewable and Sustainable Energy Reviews
M1 - 111656
ER -