HEC-Ecole de gestion de l'Université de Liège
HEC-Ecole de gestion de l'Université de Liège

Drivers of development of battery electric vehicles in Europe : A panel data analysis

Vanderheyden, Maxime ULiège
Promotor(s) : Jacqmin, Julien ULiège
Date of defense : 28-Aug-2018 • Permalink :
Title : Drivers of development of battery electric vehicles in Europe : A panel data analysis
Author : Vanderheyden, Maxime ULiège
Date of defense  : 28-Aug-2018
Advisor(s) : Jacqmin, Julien ULiège
Committee's member(s) : Gathon, Henry-Jean ULiège
Gautier, Axel ULiège
Language : English
Number of pages : 50
Keywords : [en] Electric vehicles
[en] Policy measures
[en] Monetary incentives
[en] Charging infrastructure
[en] Panel data
Discipline(s) : Business & economic sciences > Special economic topics (health, labor, transportation...)
Business & economic sciences > Microeconomics
Business & economic sciences > Economic systems & public economics
Target public : Researchers
Professionals of domain
Institution(s) : Université de Liège, Liège, Belgique
Degree: Master en sciences économiques, orientation générale, à finalité spécialisée en Economics and Society
Faculty: Master thesis of the HEC-Ecole de gestion de l'Université de Liège


[en] Transition towards a low-carbon energy mix and adoption of electromobility are important challenges in the decarbonisation of the transport sector. In this final thesis, we analyse the impact of monetary incentives introduced by national governments in order to foster the development of battery electric vehicles (BEVs). With panel data techniques, we find a positive and significant relationship between monetary incentives and BEVs' sales. When taken separately, the most effective monetary incentive seems to be the purchase premium. It also appears that the charging infrastructure has a positive impact on the development of an electric fleet. However, this impact becomes insignificant when the sample is reduced to the last four years or to western countries, which are in a more advanced stage regarding the charging network and BEV adoption.



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  • Vanderheyden, Maxime ULiège Université de Liège > Master sc. éco., or. gén., à fin.


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