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The market potential for plug-in hybrid and battery electric vehicles in Flanders: A choice-based conjoint analysis

Transportation Research Part D Transport and EnvironmentPublished 6 September 2012
Kenneth Lebeau, Joeri Van Mierlo, Philippe Lebeau, Olivier Maîresse, Cathy Macharis
Citations124
SJR quartileQ1
SJR score2.30
SNIP2.33

Abstract

This paper considers the market potential for battery electric and plug-in hybrid electric vehicles in Flanders, Belgium. Making use of a large-scale survey conducted in 2011 and applying a choice-based conjoint experiment, it is predicted that by 2020, battery electric vehicles could have a market share of about 5% of new vehicles, and plug-in hybrid electric vehicles could have a share of around 7%. By 2030, these figures could increase to 15% and 29%. The speed of up-take of electric vehicles, however, is sensitive to purchase costs.

Keywords

Economics, Econometrics and FinanceEnergyEngineering