The Economics of Electric Vehicles for Passenger Transportation

doi:10.1596/978-1-4648-1948-3

Publication:
The Economics of Electric Vehicles for Passenger Transportation

dc.contributor.author	Briceno-Garmendia, Cecilia
dc.contributor.author	Qiao, Wenxin
dc.contributor.author	Foster, Vivien
dc.date.accessioned	2023-03-13T15:10:02Z
dc.date.available	2023-03-13T15:10:02Z
dc.date.issued	2023-03-13
dc.description.abstract	"The Economics of Electric Vehicles for Passenger Transportation" provides answers to three critical questions: Why should developing countries pursue e-mobility? When does an accelerated transition to electric vehicles (EVs) make sense for developing countries? How can governments make this transition happen? A key finding from the research is that there is a strong economic case for EVs in many developing countries. This is news because, despite growing momentum and interest in the sector, 90 percent of EV sales are still concentrated in major markets such as China, Europe, and the United States. According to original models developed by the report’s authors, developing countries can look to electric buses as well as to two- and three-wheeled vehicles as entry points to this critical transition. Readers will find many examples of countries already benefiting from e-mobility solutions. For example, Brazil, Chile, and India are leaders in electric bus fleets. Their progress, made possible by innovative financing and procurement practices, is improving mobility in cities, reducing local air pollution, and reducing congestion in fast-growing downtowns. Readers will also see examples from Asian and East African countries, which are embarking on battery-swapping schemes to lower upfront costs of ownership for two- and three-wheeled vehicles. Based on the unique modeling, analysis, and benchmarking of results across 20 developing countries—complemented by a compilation of actual organic and diverse experiences of developing countries with electric mobility adoption—this report provides policy guidance on how governments can accelerate EV adoption, and when and where it makes economic sense to adopt electric mobility more quickly. This report is a critical read for anyone interested in the future of transport and its links with development progress.	en
dc.identifier.doi	10.1596/978-1-4648-1948-3
dc.identifier.doi	https://doi.org/10.1596/978-1-4648-1948-3
dc.identifier.isbn	978-1-4648-1948-3
dc.identifier.isbn	978-1-4648-1949-0 (electronic)
dc.identifier.other	Library of Congress Control Number: 2023900711
dc.identifier.uri	https://openknowledge.worldbank.org/handle/10986/39513
dc.language.iso	en_US
dc.publisher	Washington, DC : World Bank
dc.relation.ispartofseries	Sustainable Infrastructure Series
dc.rights	CC BY 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	https://creativecommons.org/licenses/by/3.0/igo/
dc.title	The Economics of Electric Vehicles for Passenger Transportation	en
dc.type	Book
dspace.entity.type	Publication
okr.crossref.title	The Economics of Electric Vehicles for Passenger Transportation (Conference Edition)
okr.date.disclosure	2023-03-13
okr.date.doiregistration	2025-04-15T12:04:09.468556Z
okr.doctype	Publications & Research::Publication
okr.docurl	https://documents.worldbank.org/en/publication/documents-reports/documentdetail/099041323103524575/p172382085ebf50720b9950812585b34f04
okr.guid	099041323103524575
okr.identifier.doi	10.1596/978-1-4648-1948-3
okr.identifier.report	181505
okr.language.supported	en
okr.region.geographical	World
okr.statistics.combined	12656
okr.statistics.drstats	0
okr.statistics.manual	4374
okr.topic	Infrastructure Economics and Finance::Infrastructure Economics
okr.topic	Infrastructure Economics and Finance::Infrastructure Finance
relation.isAuthorOfPublication	059954cc-a249-5318-9829-61a08ded2637
relation.isAuthorOfPublication.latestForDiscovery	059954cc-a249-5318-9829-61a08ded2637