TY - JOUR
T1 - A choice experiment on preferences for electric and hybrid cars in Istanbul
AU - Inci, Eren
AU - Tatar Taspinar, Zeren
AU - Ulengin, Burc
N1 - Publisher Copyright:
© 2022 Elsevier Ltd
PY - 2022/6
Y1 - 2022/6
N2 - We analyze households’ preferences for electric and hybrid cars in Istanbul. We apply an adaptive choice-based conjoint approach that adjusts the survey in real time according to respondents’ initial responses. We find a low potential for electric cars but a significant latent demand for hybrid cars. Among the three urban policies considered, it is more effective to subsidize parking of electric cars and bridge and tunnel crossing fees of hybrid cars. Respondents’ valuations of these policies are about $2,070 in the life cycle of a car. We estimate that respondents are willing to pay $3.4, $14.8, and $20.7 to increase the driving range by 1 km for hybrid, conventional, and electric cars, respectively. They are willing to pay about $258 to decrease the recharge time of an electric car by 1 min or to make recharge stations more common so that their detour time to reach stations decreases by 1 min.
AB - We analyze households’ preferences for electric and hybrid cars in Istanbul. We apply an adaptive choice-based conjoint approach that adjusts the survey in real time according to respondents’ initial responses. We find a low potential for electric cars but a significant latent demand for hybrid cars. Among the three urban policies considered, it is more effective to subsidize parking of electric cars and bridge and tunnel crossing fees of hybrid cars. Respondents’ valuations of these policies are about $2,070 in the life cycle of a car. We estimate that respondents are willing to pay $3.4, $14.8, and $20.7 to increase the driving range by 1 km for hybrid, conventional, and electric cars, respectively. They are willing to pay about $258 to decrease the recharge time of an electric car by 1 min or to make recharge stations more common so that their detour time to reach stations decreases by 1 min.
KW - Electric vehicles
KW - Hybrid vehicles
KW - Parking
KW - Road pricing
KW - Urban policy incentives
UR - http://www.scopus.com/inward/record.url?scp=85129917279&partnerID=8YFLogxK
U2 - 10.1016/j.trd.2022.103295
DO - 10.1016/j.trd.2022.103295
M3 - Article
AN - SCOPUS:85129917279
SN - 1361-9209
VL - 107
JO - Transportation Research Part D: Transport and Environment
JF - Transportation Research Part D: Transport and Environment
M1 - 103295
ER -