The Impact of Battery-Electric Vehicles on Energy Consumption: A Macroeconomic Evidence from 29 European Countries
Publication Year: 2022
Author(s): Koengkan M, Fuinhas JA, Belucio M, Alavijeh NK, Salehnia N, Machado D, Silva V, Dehdar F
Abstract:
The impact of battery electric vehicles (BEV) on energy consumption was researched modeling energy consumption against BEVs, Gross Domestic Product (GDP), and e-commerce, using annual data from 2010 to 2020, for twenty-nine European countries, with quantile regression and OLS with fixed effects econometric techniques. It was found that GDP and e-commerce impact energy consumption positively, and BEVs reduce energy consumption. These findings support that efficiency gains could not reduce energy consumption, and e-commerce, via extra packaging, further usage of computer processors, and cryptocurrencies to purchase products are hampering the environment. BEVs were revealed to be more energy-efficient than conventional cars. Thus, energy conservation policies to combat global warming and climate change arise. First, policies should offer an alternative packaging system to lower the negative environmental impacts of additional packaging for online purchases, stimulate smaller packages, free up additional space on the transport, enhance the delivery system efficiency, and promote alternative delivery systems. Second, offering subsidies for purchasing BEVs or tax rebates will increase the adoption rate of electric vehicles and combine this policy with the CO2 emissions regulations to stimulate the demand for BEVs. Finally, affordable charging points should be provided, and customer awareness of the benefits of BEVs should be improved.
Source of Publication: World Electric Vehicle Journal
Vol/Issue: 13, 36: 1-21p.
DOI No.: 10.3390/wevj13020036
Publisher/Organisation: MDPI
Rights: Creative Commons Attribution (CC BY) license (https:// creativecommons.org/licenses/by/ 4.0/)
URL:
https://www.mdpi.com/2032-6653/13/2/36/pdf?version=1644395781
Theme: Vehicle Technology | Subtheme: Electric vehicles
Related Documents
Research Papers/Articles
Abstract:
In the modern power sector it is important to gain optimal scheduling to solve profit based un... Read More
Research Papers/Articles
Abstract:
The diffusion of electric vehicles in Italy has started but some complications weight its spre... Read More
Reports
A Guidance Document on Accelerating Electric Mobility in India
Published Year: 2019
Abstract:
Leveraging electric mobility will bring multiple environmental and economic gains for India. M... Read More