This analysis explored the effect of battery electric vehicles (BEVs) on greenhouse gas emissions (GHGs) in a panel of twenty-nine countries from the European Union (EU) from 2010 to 2020. The method of moments quantile regression (MM-QR) was used, and the ordinary least squares with fixed effects (OLSfe) was used to verify the robustness of the results. The MM-QR support that in all three quantiles, economic growth causes a positive impact on GHGs. In the 50th and 75th quantiles, energy consumption causes a positive effect on GHGs. BEVs in the 25th, 50th, and 75th quantiles have a negative impact on GHGs. The OLSfe reveals that economic growth has a negative effect on GHGs, which contradicts the results from MM-QR. Energy consumption positively impacts GHGs. BEVs negatively impacts GHGs. Although the EU has supported a more sustainable transport system, accelerating the adoption of BEVs still requires effective political planning to achieve net-zero emissions. Thus, BEVs are an important technology to reduce GHGs to achieve the EU targets of decarbonising the energy sector. This research topic can open policy discussion between industry, government, and researchers, towards ensuring that BEVs provide a climate change mitigation pathway in the EU region.
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.
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