Evolutionary dynamics of promoting electric vehicle-charging infrastructure based on public–private partnership cooperation

Huang, X., Lin, Y., Lim, M. K. , Zhou, F., Ding, R. and Zhang, Z. (2022) Evolutionary dynamics of promoting electric vehicle-charging infrastructure based on public–private partnership cooperation. Energy, 239(Part D), 122281. (doi: 10.1016/j.energy.2021.122281)

[img] Text
260623.pdf - Accepted Version
Available under License Creative Commons Attribution Non-commercial No Derivatives.

4MB

Abstract

Low profit margins have become a significant barrier to investment in and the operation of electric vehicle-charging infrastructure, leading to an urgent need for new business models. Notwithstanding, nonmandatory policies and unclear responsibilities create a social dilemma in which it is difficult to promote charging facilities in urban residential areas. This study examines the feasibility of overcoming this dilemma by examining possible incentive mechanisms involving government, charging infrastructure operators, real estate agencies, and electric vehicle users. Leveraging evolutionary game theory, this study designs a theoretical model based on strategic interactions among different agents in promoting charging facilities in urban residential areas. Our results indicate that (1) the optimal scenario in one in which all participants work closely together to popularize charging facilities, and this scenario has theoretical possibilities in the real world; (2) government subsidies are necessary but not sufficient for promoting charging facilities in urban residential areas; (3) electric vehicle user participation in promotion is critical; and (4) the operation model in this study is more economically efficient than prevalent industrial operation models, and the role of real estate agencies cannot be ignored.

Item Type:Articles
Additional Information:This study is supported by the Chinese National Funding of Social Science (Grant No. 18BJY066) and the Fundamental Research Funds for the Central Universities (Grant No. 2021CDJSKJC14).
Status:Published
Refereed:Yes
Glasgow Author(s) Enlighten ID:Lim, Professor Ming
Creator Roles:
Lim, M. K.Conceptualization, Writing – review and editing
Authors: Huang, X., Lin, Y., Lim, M. K., Zhou, F., Ding, R., and Zhang, Z.
College/School:College of Social Sciences > Adam Smith Business School > Management
Journal Name:Energy
Publisher:Elsevier
ISSN:0360-5442
ISSN (Online):1873-6785
Published Online:11 October 2021
Copyright Holders:Copyright © 2021 Elsevier Ltd.
First Published:First published in Energy 239(Part D): 122281
Publisher Policy:Reproduced in accordance with the publisher copyright policy

University Staff: Request a correction | Enlighten Editors: Update this record