Willingness To Pay For Electric Vehicles And Their Attributes Meaning. Estimates of consumer willingness to pay for vehicle attributes show that when consumers compare a gasoline vehicle to its battery electric vehicle (bev) counterpart, the. We present the results from a choice experiment conducted across denmark finland, iceland, norway and sweden focusing on electric.
We conducted a stated preference study of electric vehicle choice using data from a national survey. Using the response data we valued five electric vehicle attributes:
Using The Response Data We Valued Five Electric Vehicle Attributes:
Individuals were willing to pay (wtp) from 35 to 35to75 for a mile of added driving range, with incremental wtp per mile decreasing at higher distances.
This Study Contributes To The Ev Demand Literature In The.
We estimated a latent class random utility model and used the results to estimate the willingness to pay for five electric vehicle attributes:
In A Choice Experiment, 3029.
Images References :
Citations Are Based On Reference Standards.
Driving range, charging time, fuel cost saving, pollution reduction, and performance.
We Simulated Our Model Over A Range Of Electric Vehicle Configurations And Found That People With The Highest Values For Electric Vehicles Were Willing To Pay A Premium Above.
We simulated our model over a range of electric vehicle configurations and found that people with the highest values for electric vehicles were willing to pay a premium above.
Individuals Were Willing To Pay (Wtp) From 35 To 35To75 For A Mile Of Added Driving Range, With Incremental Wtp Per Mile Decreasing At Higher Distances.
