Drivers of Transportation: Measuring the Impact of Policy on Adoption of Alternative Fuel Vehicles
About the Project:
Improving road transport fuel efficiency and transitioning to low-emission vehicles have become
key elements of policy development in several countries. How will regulatory instruments
(policies, incentives, rebates, perks) impact the consumer behavior of new vehicle buyers (vehicle
choices, acceptance of alternative fuel vehicle technologies, stated and revealed preferences)? A
policy designer must understand how the policy can be aligned with consumer preferences in order
to achieve the societal goals but with minimal societal burden, and to effectively increase the
adoption rates of alternative fuel vehicles.
Key Points:
KAPSARC’s automotive transportation research
concentrates on AFV adoption today, but acceptance
of zero emission and fuel efficient vehicles is a long
-term challenge facing the US and other markets.
Regulatory strategies to reduce emissions call for
the adoption of a range of new efficiency
technologies, but reducing greenhouse gas emissions
from transportation seems to be uniquely difficult.
As consumers of mobility upgrade from two-wheel
to four-wheel modes of transport, GHG intensity is
actually increasing in the transportation sector
unlike other sectors of the global economy.
The
cost of driving is decreasing due to the very vehicle
efficiency demanded by regulators. As GDP grows,
consumers shift to faster modes of travel such as
vehicles, and vehicle ownership is increasing in
most non-OECD countries.
GHG intensity is increasing in transportation,
unlike other global economic sectors.