Is the Electric Vehicle an Attractive Option for Customers?

Abstract

As a new technology, electric mobility has the potential to achieve a reduction in CO2 emissions and contribute to the transition from the current transportation system to a better one, environmentally speaking. The objective of the paper is to aid the necessary decision-making for the adoption and development of electric vehicles in Spain, taking the time horizon of 2020. This will be achieved by building a System Dynamics model for various scenarios that will be used for the analysis and comparison of various dynamic variables, as well as to determine how, and to what extent, they will influence the number of electric vehicles that will run on Spanish roads in the coming years, focusing on the cost variable.

Keywords

• electric vehicles
• batteries
• CO2 emissions
• electric vehicle costs