Willingness-to-pay for infrastructure investments for alternative fuel vehicles

Nobuyuki Ito, Kenji Takeuchi, Shunsuke Managi

Research output: Contribution to journalArticle

54 Citations (Scopus)

Abstract

This study investigates potential demand for infrastructure investment for alternative fuel vehicles by applying stated preference methods to a Japanese sample. The potential demand is estimated on the basis of how much people are willing to pay for alternative fuel vehicles under various refueling scenarios. Using the estimated parameters, the economic efficiency of establishing battery-exchange stations for electric vehicles is examined. The results indicate that infrastructural development of battery-exchange stations can be efficient when electric vehicle sales exceed 5.63% of all new vehicle sales. Further, we find a complementary relationship between the cruising ranges of alternative fuel vehicles and the infrastructure established.

Original languageEnglish
Pages (from-to)1-8
Number of pages8
JournalTransportation Research Part D: Transport and Environment
Volume18
Issue number1
DOIs
Publication statusPublished - 2013 Jan

Keywords

  • Alternative fuel vehicle
  • Battery exchange stations
  • Transport infrastructure

ASJC Scopus subject areas

  • Civil and Structural Engineering
  • Transportation
  • Environmental Science(all)

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