The Economics of Electric Vehicles and the Need for a Public Policy
Network Industries Quarterly Turkey, 1(4), 6-9 (2021).
4 Pages Posted: 30 Jun 2021
Date Written: June 2021
Electric vehicles (EVs) are an emerging technology in today’s transportation industry. EVs and charging infrastructure are not only complementary, but also the elements of an ecosystem. The economic value of the ecosystem increases with a feedback loop. The spread of EVs increases the motivation to build charging infrastructure, and the availability of charging infrastructure motivates the purchase of EVs. Therefore, there is a need for a public policy to manage this feedback loop.
Keywords: the economics of electric vehicles, public policy
JEL Classification: L52, L98, R48
Suggested Citation: Suggested Citation