The Revealed Preference for Battery Electric Vehicle Range

Exploiting a disaggregate discrete choice model of automobile purchase, we reveal the willingness-to-pay for extended all-electric range in battery and plug-in hybrid electric cars in Norway. We find diminishing returns to range. By integration under the marginal willingness-to-pay curve, we calculate and plot the value of 100 km extended range. From an initial range of 150 km, the revealed willingness-to-pay for 100 km longer range in a battery electric vehicle is around € 24000. When starting from an initial range of 500 km, the value of another 100 km range drops to around € 5100.

Beskrivelse

Fridstrøm, Lasse, and Vegard Østli. 2022. “The Revealed Preference for Battery Electric Vehicle Range.” Findings, January. https://doi.org/10.32866/001c.31635. Authors must agree that the following will be binding upon article acceptance when submitting a manuscript to a Findings sections for consideration: I hereby grant to the journal the nonexclusive, royalty-free right to distribute, display, and archive this work in a digital and/or print format during the full term of copyright. I warrant that I have the copyright to make this grant to the journal unencumbered and complete. Authors are responsible for obtaining permission to reproduce copyrighted material from other sources. Following publication, the author’s rights will be protected under Creative Commons License Attribution-Share Alike 4.0 International license CC BY-SA 4.0.

Utgiver

Findings

Tidsskrift

Transport Findings

Opphavsrett

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