The paper makes use of a recently developed total cost of ownership (TCO) methodology to assess the cost competitiveness of the best-selling battery electric vehicles (BEVs), hybrid electric vehicles (HEVs), diesel and petrol cars in Norway and Italy, two countries at the antipodes for BEV uptake in Europe. The results of the TCO study show that in Norway BEVs are the most competitive amongst the four propulsion systems since they have the lowest average value for the annualized TCO/km, whereas in Italy BEVs are the least cost-competitive. In Norway the government encourages the purchase of BEVs by imposing much lower registration taxes than the very high applied to internal combustion engine vehicles, whilst in Italy BEV uptake is mostly supported by a decrease in the purchase price. The paper also unveils a negative relationship between the volume of each model sales and the corresponding annualized TCO/km, both for the joint database and, separately, for each country. Yet, looking at Norway, we show that the volume of car sales is positively associated with the purely electric propulsion system, but not with the annualized TCO/km, pointing to possible non-monetary motives leading consumers’ choices. The authors provide policy recommendations on fiscal and non-fiscal measures to support BEVs diffusion in countries such as Italy, where BEV uptake is low but with relevant potential.

Is electric car uptake driven by monetary factors? A total cost of ownership comparison between Norway and Italy

Mariangela Scorrano
;
Marco Giansoldati
2019-01-01

Abstract

The paper makes use of a recently developed total cost of ownership (TCO) methodology to assess the cost competitiveness of the best-selling battery electric vehicles (BEVs), hybrid electric vehicles (HEVs), diesel and petrol cars in Norway and Italy, two countries at the antipodes for BEV uptake in Europe. The results of the TCO study show that in Norway BEVs are the most competitive amongst the four propulsion systems since they have the lowest average value for the annualized TCO/km, whereas in Italy BEVs are the least cost-competitive. In Norway the government encourages the purchase of BEVs by imposing much lower registration taxes than the very high applied to internal combustion engine vehicles, whilst in Italy BEV uptake is mostly supported by a decrease in the purchase price. The paper also unveils a negative relationship between the volume of each model sales and the corresponding annualized TCO/km, both for the joint database and, separately, for each country. Yet, looking at Norway, we show that the volume of car sales is positively associated with the purely electric propulsion system, but not with the annualized TCO/km, pointing to possible non-monetary motives leading consumers’ choices. The authors provide policy recommendations on fiscal and non-fiscal measures to support BEVs diffusion in countries such as Italy, where BEV uptake is low but with relevant potential.
2019
Pubblicato
https://www.francoangeli.it/riviste/SchedaRivista.aspx?IDArticolo=66292&Tipo=Articolo PDF&lingua=en&idRivista=10
File in questo prodotto:
File Dimensione Formato  
2019 - Scorrano et al. - Is electric car uptake driven by monetary factors.pdf

Accesso chiuso

Descrizione: articolo
Tipologia: Documento in Versione Editoriale
Licenza: Copyright Editore
Dimensione 912.33 kB
Formato Adobe PDF
912.33 kB Adobe PDF   Visualizza/Apri   Richiedi una copia
Pubblicazioni consigliate

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11368/2968593
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus 5
  • ???jsp.display-item.citation.isi??? ND
social impact