This study aims to determine the influential factors on the market share of electric vehicles through panel data analysis based on time series data from 2011 to 2015 in 31 countries. We selected five significant independent variables that are expected to affect electric vehicle adoption based on literature review. The econometric model in this study suggests that the relative price of electric vehicle compared to internal combustion engine vehicle, driving range, and number of models available in markets are correlated to the market share of electric vehicles. On the other hand, relationship between recharging infrastructure—an important factor for electric vehicle adoption in many studies—and market share of electric vehicles turned out to be insignificant in this study. From a political point of view, we argue that policy makers need to allocate more resources to research and development in order to extend driving range at the early stage of electric vehicle deployment in the markets.
1 July 2009 in International Journal of Production Economics
Governments around the world are planning to ban sales of vehicles running on petroleum-based fuels as an effort to reduce greenhouse gas emissions, and electric vehicles surfaced as a solution to decrease pollutants produced by the transportation sector. As a result, wireless power transfer technology has recently gained much attention as a convenient and practical method for charging electric vehicles. In this paper, patent analysis is conducted to identify emerging and vacant technology areas of wireless power transfer. Topics are first extracted from patents by text mining, and the topics with similar semantics are grouped together to form clusters. Then, the process of identifying emerging and vacant technology areas is improved by applying a time series analysis and innovation cycle of technology to the clustering result. Lastly, the results of clustering, time series, and innovation cycle are compared to minimize the possibility of misidentifying emerging and vacant technology areas, thus improving the accuracy of the identification process and the validity of the identified technology areas. The analysis results revealed that one emerging technology area and two vacant technology areas exist in wireless power transfer. The emerging technology area identified is circuitries consisting of transmitter coils and receiver coils for wireless power transfer, and the two vacant technology areas identified are wireless charging methods based on resonant inductive coupling and wireless power transfer condition monitoring methods or devices.
1 September 2011 in International Journal of Production Economics