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Effectiveness of electric vehicle incentives in China

Crawford School of Public Policy
Photo by (Joenomias) Menno de Jong from Pixabay

Event details

PhD Seminar (Econ)

Date & time

Friday 04 June 2021
11.00am–12.00pm

Venue

Weston Theatre , Crawford School of Public Policy, No 132, Lennox Crossing, The ANU

Speaker

Tong Zhang

Electric vehicles are promising options to save fuel and reduce carbon emissions. This study estimates the effect of incentives on the sales of electric vehicles (EVs) for 50 cities in China over January 2016 to December 2019. The findings suggest that a 1 per cent increase in EV purchase subsidies on average lead to an increase in EV sales by 0.6 per cent. No driving restrictions exemption for EVs are also found to encourage the adoption of EVs. The rising consumer awareness of EV subsidy policies is estimated to promote the effect of subsidies on the EV adoption.

Updated:  25 July 2021/Responsible Officer:  Crawford Engagement/Page Contact:  CAP Web Team