The impact of battery-electric vehicles on energy consumption: A macroeconomic evidence from 29 European countries

The impact of battery electric vehicles (BEV) on energy consumption was researched modeling energy consumption against BEVs, Gross Domestic Product (GDP) and e-commerce, using annual data from 2010 to 2020, for twenty-nine European countries, with quantile regression and OLS with fixed effects econo...

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Main Authors: Koengkan, Matheus, Fuinhas, José Alberto, Belucio, Matheus, Alavijeh, Nooshin Karimi, Salehnia, Nasrin, Machado, Daniel, Silva, Vinícius, Dehdar, Fatemeh
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Published: MDPI 2022
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Online Access:http://eprints.um.edu.my/43208/
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spelling my.um.eprints.432082023-11-21T03:52:05Z http://eprints.um.edu.my/43208/ The impact of battery-electric vehicles on energy consumption: A macroeconomic evidence from 29 European countries Koengkan, Matheus Fuinhas, José Alberto Belucio, Matheus Alavijeh, Nooshin Karimi Salehnia, Nasrin Machado, Daniel Silva, Vinícius Dehdar, Fatemeh TA Engineering (General). Civil engineering (General) TK Electrical engineering. Electronics Nuclear engineering The impact of battery electric vehicles (BEV) on energy consumption was researched modeling energy consumption against BEVs, Gross Domestic Product (GDP) and e-commerce, using annual data from 2010 to 2020, for twenty-nine European countries, with quantile regression and OLS with fixed effects econometric techniques. It was found that GDP and e-commerce impact energy consumption positively, and BEVs reduce energy consumption. These findings support that efficiency gains could not reduce energy consumption, and e-commerce, via extra packaging, further usage of computer processors, and cryptocurrencies to purchase products are hampering the environment. BEVs were revealed to be more energy-efficient than conventional cars. Thus, energy conservation policies to combat global warming and climate change arise. First, policies should offer an alternative packaging system to lower the negative environmental impacts of additional packaging for online purchases, stimulate smaller packages, free up additional space on the transport, enhance the delivery system efficiency, and promote alternative delivery systems. Second, offering subsidies for purchasing BEVs or tax rebates will increase the adoption rate of electric vehicles and combine this policy with the CO2 emissions’ regulations to stimulate the demand for BEVs. Finally, affordable charging points should be provided and customer awareness of the benefits of BEVs should be improved. © 2022 by the authors. Licensee MDPI, Basel, Switzerland. MDPI 2022-02 Article PeerReviewed Koengkan, Matheus and Fuinhas, José Alberto and Belucio, Matheus and Alavijeh, Nooshin Karimi and Salehnia, Nasrin and Machado, Daniel and Silva, Vinícius and Dehdar, Fatemeh (2022) The impact of battery-electric vehicles on energy consumption: A macroeconomic evidence from 29 European countries. World Electric Vehicle Journal, 13 (2). ISSN 2032-6653, DOI https://doi.org/10.3390/wevj13020036 <https://doi.org/10.3390/wevj13020036>. 10.3390/wevj13020036
institution Universiti Malaya
building UM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaya
content_source UM Research Repository
url_provider http://eprints.um.edu.my/
topic TA Engineering (General). Civil engineering (General)
TK Electrical engineering. Electronics Nuclear engineering
spellingShingle TA Engineering (General). Civil engineering (General)
TK Electrical engineering. Electronics Nuclear engineering
Koengkan, Matheus
Fuinhas, José Alberto
Belucio, Matheus
Alavijeh, Nooshin Karimi
Salehnia, Nasrin
Machado, Daniel
Silva, Vinícius
Dehdar, Fatemeh
The impact of battery-electric vehicles on energy consumption: A macroeconomic evidence from 29 European countries
description The impact of battery electric vehicles (BEV) on energy consumption was researched modeling energy consumption against BEVs, Gross Domestic Product (GDP) and e-commerce, using annual data from 2010 to 2020, for twenty-nine European countries, with quantile regression and OLS with fixed effects econometric techniques. It was found that GDP and e-commerce impact energy consumption positively, and BEVs reduce energy consumption. These findings support that efficiency gains could not reduce energy consumption, and e-commerce, via extra packaging, further usage of computer processors, and cryptocurrencies to purchase products are hampering the environment. BEVs were revealed to be more energy-efficient than conventional cars. Thus, energy conservation policies to combat global warming and climate change arise. First, policies should offer an alternative packaging system to lower the negative environmental impacts of additional packaging for online purchases, stimulate smaller packages, free up additional space on the transport, enhance the delivery system efficiency, and promote alternative delivery systems. Second, offering subsidies for purchasing BEVs or tax rebates will increase the adoption rate of electric vehicles and combine this policy with the CO2 emissions’ regulations to stimulate the demand for BEVs. Finally, affordable charging points should be provided and customer awareness of the benefits of BEVs should be improved. © 2022 by the authors. Licensee MDPI, Basel, Switzerland.
format Article
author Koengkan, Matheus
Fuinhas, José Alberto
Belucio, Matheus
Alavijeh, Nooshin Karimi
Salehnia, Nasrin
Machado, Daniel
Silva, Vinícius
Dehdar, Fatemeh
author_facet Koengkan, Matheus
Fuinhas, José Alberto
Belucio, Matheus
Alavijeh, Nooshin Karimi
Salehnia, Nasrin
Machado, Daniel
Silva, Vinícius
Dehdar, Fatemeh
author_sort Koengkan, Matheus
title The impact of battery-electric vehicles on energy consumption: A macroeconomic evidence from 29 European countries
title_short The impact of battery-electric vehicles on energy consumption: A macroeconomic evidence from 29 European countries
title_full The impact of battery-electric vehicles on energy consumption: A macroeconomic evidence from 29 European countries
title_fullStr The impact of battery-electric vehicles on energy consumption: A macroeconomic evidence from 29 European countries
title_full_unstemmed The impact of battery-electric vehicles on energy consumption: A macroeconomic evidence from 29 European countries
title_sort impact of battery-electric vehicles on energy consumption: a macroeconomic evidence from 29 european countries
publisher MDPI
publishDate 2022
url http://eprints.um.edu.my/43208/
_version_ 1783876740686282752
score 13.160551