Is resale anxiety an obstacle to electric vehicle adoption? Results from a survey experiment in Switzerland

Brückmann, Gracia; Wicki, Michael; Bernauer, Thomas (2021). Is resale anxiety an obstacle to electric vehicle adoption? Results from a survey experiment in Switzerland. Environmental Research Letters, 16(12), p. 124027. IOP Publishing 10.1088/1748-9326/ac3531

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Electrification of private motorised transport is one of the most effective pathways to net-zero carbon emissions in the road transport sector. However, adoption rates of battery-electric vehicles (BEVs) are still relatively low in most advanced industrialised countries. One of the most widely discussed but so far understudied potential obstacles to BEV adoption is resale anxiety. It refers to the fear of comparatively low expected resale values of BEVs, resulting, among other reasons, from expectations concerning rapid progress in battery technology. However, based on three survey-embedded vignette experiments in Switzerland (N = 3901 in total), we find the opposite of resale anxiety: a higher expected resale value of BEVs compared to conventional cars. Our findings suggest that regulatory policy and social norm signals in this area are gaining ground, boding well for consumer acceptance of BEVs in the coming years.

Item Type:

Journal Article (Original Article)

Division/Institute:

03 Faculty of Business, Economics and Social Sciences > Social Sciences > Institute of Political Science

UniBE Contributor:

Brückmann, Gracia

Subjects:

300 Social sciences, sociology & anthropology > 320 Political science
300 Social sciences, sociology & anthropology > 380 Commerce, communications & transportation

ISSN:

1748-9326

Publisher:

IOP Publishing

Funders:

[UNSPECIFIED] Energieforschungsstelle Zürich ; [UNSPECIFIED] Swiss Federal Office of Energy ; [UNSPECIFIED] ETH Zurich Institute of Science, Technology and Policy

Language:

English

Submitter:

Gracia Brückmann

Date Deposited:

17 Aug 2022 10:41

Last Modified:

25 Jan 2024 18:33

Publisher DOI:

10.1088/1748-9326/ac3531

Uncontrolled Keywords:

battery electric vehicles, transport, emissions, survey experiment, value estimation

BORIS DOI:

10.48350/172007

URI:

https://boris.unibe.ch/id/eprint/172007

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