Highlights ► We forecast the market potential for plug-in hybrid and battery electric vehicles in Flanders, Belgium. ► Part-worth utilities are found for nine vehicle attributes. ► We forecast the penetration rate of electric vehicles in 2012, 2020 and 2030. ► We conclude that until 2020, the market share of electric vehicles will still be limited.

    Abstract This paper considers the market potential for battery electric and plug-in hybrid electric vehicles in Flanders, Belgium. Making use of a large-scale survey conducted in 2011 and applying a choice-based conjoint experiment, it is predicted that by 2020, battery electric vehicles could have a market share of about 5% of new vehicles, and plug-in hybrid electric vehicles could have a share of around 7%. By 2030, these figures could increase to 15% and 29%. The speed of up-take of electric vehicles, however, is sensitive to purchase costs.


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    Title :

    The market potential for plug-in hybrid and battery electric vehicles in Flanders: A choice-based conjoint analysis


    Contributors:


    Publication date :

    2012-01-01


    Size :

    6 pages




    Type of media :

    Article (Journal)


    Type of material :

    Electronic Resource


    Language :

    English





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