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Title: Has Consumer Acceptance of Electric Vehicles Been Increasing? Evidence from Microdata on Every New Vehicle Sale in the United States
Electric vehicle (EV) sales have been rapidly growing around the world, spurred by technology advances and policy actions. This study leverages rich data on all individual new light-duty vehicles sold in the United States from 2014 to 2020. We examine how EV attributes, prices, and sales have evolved, exploring substantial heterogeneity across geography, vehicle class, price range, and demographics. We use a matching analysis to compare EVs to similar conventional vehicles to find that EVs have been surprisingly competitive in very recent years. This suggests that constrained supply is an important determinant of the low overall EV market share.  more » « less
Award ID(s):
2117158
PAR ID:
10523594
Author(s) / Creator(s):
; ; ; ;
Publisher / Repository:
AEA Papers and Proceedings
Date Published:
Journal Name:
AEA Papers and Proceedings
Volume:
113
ISSN:
2574-0768
Page Range / eLocation ID:
329 to 335
Format(s):
Medium: X
Sponsoring Org:
National Science Foundation
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