Publication:
The Economics of Electric Vehicles for Passenger Transportation (Draft)

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dc.contributor.authorBriceno-Garmendia, Cecilia
dc.contributor.authorQiao, Wenxin
dc.contributor.authorFoster, Vivien
dc.date.accessioned2022-11-04T14:22:18Z
dc.date.available2022-11-04T14:22:18Z
dc.date.issued2022-10-31
dc.description.abstractNOTE: The draft report is no longer available. The final report is available from this page and at https://openknowledge.worldbank.org/handle/10986/39513. Electric mobility has garnered growing interest and significant momentum across several major global markets, often motivated by transport sector decarbonization. Together, Europe, China, and the United States account for more than 90 percent of the world’s electric vehicle fleet. For many OECD countries, electric mobility is seen primarily as a lever for transport sector decarbonization, given that many of the other relevant policy options have already been exhausted. This report finds that electric mobility is also increasingly relevant for low- and middle-income countries. As of today, electric mobility for passengers is a comparative rarity across low- and middle-income countries (LMICs). In some of the LMIC leading markets, such as Brazil, India, and Indonesia, electric vehicles account for less than 0.5 percent of total sales. There are signs that this situation is changing. India, Chile, and Brazil are leading the way in electrifying their bus fleets in their largest cities by introducing innovative financing practices and improved procurement practices. Battery swapping schemes are taking off in Asian and East African countries to lower the upfront cost of two-and three-wheelers. Original modeling for this report suggests that established global policy targets, such as 30 percent of new passenger vehicles to be electric by 2030, will make economic sense for many LMICs under a wide range of possible scenarios.en
dc.identifierhttp://documents.worldbank.org/curated/en/099330011042228036/P172382084bde40090817d0db756670bd3b
dc.identifier.doi10.1596/38265
dc.identifier.urihttps://hdl.handle.net/10986/38265
dc.languageEnglish
dc.publisherWashington, DC: World Bank
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectELECTRIC MOBILITY
dc.subjectELECTRIC VEHICLES
dc.subjectLOW AND MIDDLE INCOME COUNTRIES (LMICs)
dc.subjectTRANSPORT SECTOR
dc.subjectPUBLIC TRANSPORT
dc.titleThe Economics of Electric Vehicles for Passenger Transportation (Draft)en
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleThe Economics of Electric Vehicles for Passenger Transportation
okr.date.disclosure2022-11-04
okr.date.doiregistration2025-04-28T07:06:10.548816Z
okr.date.lastmodified2022-11-04T00:00:00Zen
okr.doctypeReport
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099330011042228036/P172382084bde40090817d0db756670bd3b
okr.guid099330011042228036
okr.identifier.externaldocumentumP172382-84bde486-1ddb-4709-817d-db756670bd3b
okr.identifier.internaldocumentum33931527
okr.identifier.report177555
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099330011042228036/pdf/P172382084bde40090817d0db756670bd3b.pdfen
okr.topicEnergy::Energy Production and Transportation
okr.topicUrban Development::Transport in Urban Areas
okr.topicEnergy::Electric Power
okr.topicEnvironment::Green Issues
okr.unitITRGK - Global Knowledge (ITRGK)
relation.isAuthorOfPublication059954cc-a249-5318-9829-61a08ded2637
relation.isAuthorOfPublication.latestForDiscovery059954cc-a249-5318-9829-61a08ded2637
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