Working Paper: NBER ID: w29831
Authors: Jackson Dorsey; Ashley Langer; Shaun McRae
Abstract: This paper quantifies the value of electric vehicle (EV) charging networks and the marginal value of network speed and density. We estimate a model of gasoline drivers’ refueling preferences and simulate how these potential future EV drivers value refueling time under counterfactual charging networks. Drivers value refueling time at $19.73/hour. EV adopters with home charging receive $675 per vehicle in benefits from avoiding travel to gas stations, whereas refueling travel and waiting time costs $7,763 for drivers using public charging. Increasing network charging speed yields three times greater time savings than a proportional increase in station density.
Keywords: Electric Vehicles; Charging Infrastructure; Discrete Choice Model; Refueling Preferences
JEL Codes: L91; Q42; Q55
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| perceived price (D41) | refueling choices (Q42) |
| home charging availability (L97) | perceived value of EVs (Q51) |
| charging speed (L90) | time savings (C41) |