CURE: Interdisciplinary Undergraduate Research: International Electric Vehicle Policies

International Electric Vehicle Policies

CURE: Interdisciplinary Undergraduate Research: International Electric Vehicle Policies

Student Presenters

Nicholas Taormina, Rahul Ainpudi

Faculty Mentor

Anne Donnelly

College

College of Education, Center for Undergraduate Research

Abstract

With the growing emphasis being placed on the issue of climate change, the effort to lead a zero-emission, environmentally friendly life has become a global movement. The initial efforts of this international green movement are already evident in the transportation sector as electric vehicles begin to flood the market. However, with only 2.6% of global car sales in 2019 being electric, we are obviously quite far away from this promised green future (IEA 2020). This begs the question, what is preventing the switch from ICE to EVs? Are governments around the world encouraging growth and innovation in the EV sector, or are they stifling it? Originating from these questions, the focus of this study is to determine the effects of specific government legal policies on the EV market. In order to answer a plethora of questions, an in-depth analysis of the EV-related legal policy of 20 different countries from around the world is conducted. These legal policies are split into two categories: consumer tax incentives and infrastructure (commercial) tax incentives. Additionally, the countries are organized by regions. A T-Test is used to compare each region to the global averages in each category to determine if there are any patterns. A regression analysis is also used to determine if a specific type of policy is correlated to a higher EV market share. According to these tests, the study fails to recognize a statistically significant correlation between tax incentives and the market share of EVs.

Poster

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