During the last decade, electric vehicle market is continuously growing and can be a solution to environmental pollution problems. However, consumers adoption of an electric vehicle is relatively low in spite of many promotion... [ view full abstract ]
During the last decade, electric vehicle market is continuously growing and can be a solution to environmental pollution problems. However, consumers adoption of an electric vehicle is relatively low in spite of many promotion policies implemented by governments.
In Romania, the European Strategy 2020 will sustain the continuing boost of the market, by setting 20% reduction in gas emissions (or even 30% under favorable conditions) comparing with the levels recorded in 1990. Therefore, "green" and hybrid cars reached 2.0% of the total sales, double the share they had in 2016,
The present article aims at identifying the main policy that support the electric vehicles adoption within Europeans countries by emphasizing on the Romanian strategy for electric transportation and its efficiency. There are a lot of studies which find or not these incentives effective, therefore an overview of policy attributes in Europe it will be done. Another goal of the present article is to assess and find the place of Romania into the already formed grouped of European countries, based upon the share of new sales.
Methods – the secondary data will be computed and correlation between sales and incentives will be analyzed. We use Pearson correlation to find over different time series if there is any correlation between variables. The sample consist in at least one of European country from the five-strategic group from the positioning map.
The results display that in Romania there is a strong correlation between electric vehicle sales and governmental incentives. The analyses is distinctly provided for purchase subsidies (such as purchase-related tax exemptions or reductions, registration tax, import tax, co-funding or other financial purchase support), ownership benefits (annual tax exemption, reduction of electricity or energy costs) and local incentives (free parking, access to bus lanes, no toll fees, free charging, access to restricted areas in city centers). The demand for the most accessible electric car in Romania is higher (as percentage of total electric car sales) than in more developed countries.
In conclusion, Europe experienced an increasing demand for electric vehicles but the incentives are not the only variable influencing the adoption.
