Examining individuals preferences for hybrid electric and alternatively fuelled vehicles

Caulfield, Brian; Farrell, Séona; McMahon, Brian J.

doi:10.1016/j.tranpol.2010.04.005

Cited by 148 publications

(95 citation statements)

References 6 publications

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“…Second, research from the 80s and 90s mainly focused on the potential demand for battery EVs [13,14,24,27,38,39,54,55,79,90], while studies from the late 90s and 2000s rather address a mix of AFVs including EVs, LPG, CNG or methanol [21][22][23]33,34,42,81,87]. In line with technological developments, recent research also concentrates on HEVs [3,10,26,29,31,32,45,49,53,72], PHEVs [ 9 , 11], bi ofuels [51,68,69,80,89,91], hydrogen [2,66,74,76,86] and HFCVs [46,61,62,65]. Finally, most literature has been published in America.…”

Section: Evaluation Of the Retrieved Datamentioning

confidence: 99%

“…Later research also included HEVs, PHEVs and HFCVs in the vehicle choice experiments. These reviewed CM studies reveal that the most critical factors for the adoption of AFVs are price characteristics (e.g., purchase price, fuel costs) [3,26,29,33,72,79], followed by performance and convenience attributes (e.g., driving range, recharging times, fuel availability) [13,14,21,24,27,29,33,42,72,79]. Although people express a willingness to pay for reduced emission levels [21,23,87], environmental benefits are consistently found to be of minor importance compared to these attributes [26,27,34,72].…”

Section: Preference Valuation Studiesmentioning

confidence: 99%

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Private household demand for vehicles on alternative fuels and drive trains: a review

Turcksin

Maîresse

Macharis

2013

Eur. Transp. Res. Rev.

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Section: Evaluation Of the Retrieved Datamentioning

confidence: 99%

Section: Preference Valuation Studiesmentioning

confidence: 99%

Private household demand for vehicles on alternative fuels and drive trains: a review

Turcksin

Maîresse

Macharis

2013

Eur. Transp. Res. Rev.

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“…There is evidence to suggest that fuel economy, government incentives, environmental concerns, and general interest in technological innovations are influential in driving vehicle purchasing decisions (Caulfield et al, 2010;Ozaki and Sevastyanova, 2011). Although Diamond (2009) finds that gasoline prices are a much stronger determinant of hybrid vehicle adoption than policy incentives.…”

Section: Introductionmentioning

confidence: 99%

Effects of providing total cost of ownership information on consumers’ intent to purchase a hybrid or plug-in electric vehicle

Dumortier

Siddiki

Carley

et al. 2015

Transportation Research Part A: Policy and Practice

126

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Energy-saving technologies have a difficult time being widely accepted and consumed in the marketplace when they have a high initial purchase price and deferred financial benefits. Consumers might not realize that, in the long-run, the financial benefits from reduced energy consumption offset much or all of the initial price premium. One strategy to address consumer misconception of this advantage is to supply information on the "total cost of ownership", a metric which accounts for the purchase price, the cost of the fuel, and other costs over the ownership period. In this article, we investigate how providing information on fiveyear fuel cost savings and total cost of ownership affects the stated preferences of consumers to purchase a gasoline, hybrid, plug-in hybrid, or battery electric vehicle. Through an online survey with an embedded experimental design using two distinct labels, we find that respondent rankings of vehicles are unaffected by information on five-year fuel cost savings only. However, adding information about total cost of ownership increases the probability that small/mid-sized car consumers express a preference to acquire a hybrid, plugin hybrid, or a battery-electric vehicle. No such effect is found for consumers of small sport utility vehicles. Our results are consistent with other findings in similar behavioral economics investigations on this topic and suggest that further evaluation of the effects of providing consumers with information on the total cost of ownership is warranted.

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“…More than 51% of residents consider the higher BEV price as the main obstacle for purchase. Caulfield et al [34], and Caperello and Kurani [35] showed that BEV purchase and operating costs were the most important factors for residents. Li [36] proposed that the key factors restricting China's BEVs industry was still the high cost of BEV purchase, coupled with low market acceptance and government subsidies.…”

Section: Attribute Factors That Hinder Bev Purchase Intentionmentioning

confidence: 99%

Low Purchase Willingness for Battery Electric Vehicles: Analysis and Simulation Based on the Fault Tree Model

Long

Chen

et al. 2017

Sustainability

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Purchase intention is the key to popularizing battery electric vehicles (BEVs) and to developing the industry. This study combines classical theoretical and qualitative research, and applies fault tree analysis (FTA) methods to study factors that hinder BEV purchase, and identify the logical relationship between top fault events and basic events, by calculating minimal cut sets and minimal path sets. Activity based classification analysis was used to investigate the key basic event and key event combination (i.e., minimal cut sets) that hinders purchase intention, with the effectiveness and feasibility of the proposed method verified by Monte Carlo simulation. The results indicate (1) there were 26 minimal cut sets and 18 minimal path sets in the fault tree model, and the fault tree was defined by four key event combinations and five key basic events; and (2) by reducing key events' failure probability, the probability of fault tree cumulative occurrence was reduced from 0.86021 to 0.57406 over 100,000 Monte Carlo simulations, i.e., the willingness to purchase BEVs was significantly increased. Thus, the proposed FTA method was feasible and effective for addressing low purchase intentions. Consequently, some policy implications are suggested.

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Examining individuals preferences for hybrid electric and alternatively fuelled vehicles

Cited by 148 publications

References 6 publications

Private household demand for vehicles on alternative fuels and drive trains: a review

Private household demand for vehicles on alternative fuels and drive trains: a review

Effects of providing total cost of ownership information on consumers’ intent to purchase a hybrid or plug-in electric vehicle

Low Purchase Willingness for Battery Electric Vehicles: Analysis and Simulation Based on the Fault Tree Model

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