The impact of battery-electric vehicles on energy consumption: A macroeconomic evidence from 29 European countries

Koengkan, Matheus and Fuinhas, José Alberto and Belucio, Matheus and Alavijeh, Nooshin Karimi and Salehnia, Nasrin and Machado, Daniel and Silva, Vinícius and Dehdar, Fatemeh (2022) The impact of battery-electric vehicles on energy consumption: A macroeconomic evidence from 29 European countries. World Electric Vehicle Journal, 13 (2). ISSN 2032-6653, DOI https://doi.org/10.3390/wevj13020036.

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Abstract

The impact of battery electric vehicles (BEV) on energy consumption was researched modeling energy consumption against BEVs, Gross Domestic Product (GDP) and e-commerce, using annual data from 2010 to 2020, for twenty-nine European countries, with quantile regression and OLS with fixed effects econometric techniques. It was found that GDP and e-commerce impact energy consumption positively, and BEVs reduce energy consumption. These findings support that efficiency gains could not reduce energy consumption, and e-commerce, via extra packaging, further usage of computer processors, and cryptocurrencies to purchase products are hampering the environment. BEVs were revealed to be more energy-efficient than conventional cars. Thus, energy conservation policies to combat global warming and climate change arise. First, policies should offer an alternative packaging system to lower the negative environmental impacts of additional packaging for online purchases, stimulate smaller packages, free up additional space on the transport, enhance the delivery system efficiency, and promote alternative delivery systems. Second, offering subsidies for purchasing BEVs or tax rebates will increase the adoption rate of electric vehicles and combine this policy with the CO2 emissions’ regulations to stimulate the demand for BEVs. Finally, affordable charging points should be provided and customer awareness of the benefits of BEVs should be improved. © 2022 by the authors. Licensee MDPI, Basel, Switzerland.

Item Type: Article
Funders: Research unit on Governance, Competitiveness and Public Policy - FCT-Fundaccao para a Ciencia e a Tecnologia [Grant No: UIDB/04058/2020 & UIDP/04058/2020], CeBER R&D unit - FCT-Fundacao para a Ciencia e a Tecnologia, I.P. [Grant No: UIDB/05037/2020]
Uncontrolled Keywords: Electronic commerce; Energy utilization; Environmental impact; Global warming; Packaging; Plug-in electric vehicles; Sales; Secondary batteries; Statistics; Battery-electric vehicles; E- commerces; Energy-consumption; Europe; European Countries; Fixed effects; Gross domestic products; Macroeconomic; Quantile regression; Reduce energy consumption; Energy efficiency
Subjects: T Technology > TA Engineering (General). Civil engineering (General)
T Technology > TK Electrical engineering. Electronics Nuclear engineering
Divisions: Faculty of Business and Economics > Department of Public Administration
Depositing User: Ms. Juhaida Abd Rahim
Date Deposited: 21 Nov 2023 03:52
Last Modified: 21 Nov 2023 03:52
URI: http://eprints.um.edu.my/id/eprint/43208

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