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http://dx.doi.org/10.7737/JKORMS.2014.39.3.041

The Analysis of Government Financial Subsidies for the Electric Car Market  

Kim, Kihoon (Korea University Business School)
Publication Information
Journal of the Korean Operations Research and Management Science Society / v.39, no.3, 2014 , pp. 41-49 More about this Journal
Abstract
Several developed countries have recently provided electric vehicle consumers and producers with financial subsidies. There has been some empirical research on the impact of government subsidies on the consumers' purchase of electric cars. However, little analytical research on the government subsidies for the electric car market exists. This research analyzes the impact of the government financial subsidies on the electric car price and technology level as well as the consumers' adoption of electric cars. This research also suggests that the government should subsidize only the electric car market to further improve the electric car technology.
Keywords
Alternative Fuel Vehicles; Electric Cars; Government Financial Subsidies;
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