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Efficient Fiscal Policies for the Transition to Electric Vehicles (EV) in Sweden

For Sweden, the transition to electric vehicles (EVs) at a faster pace would contribute to fulfilling the sustainability goals of reaching a Net Zero Emission by 2045. The introduction of Evs should, therefore, be a main part of the new strategy for electrification that is being developed by the government. It should also be considered in research and transport planning as the whole transport system is affected. Although, to be successful, a fiscal strategy should be implemented tat make consumers choose to buy/use battery electric vehicles (BEV) rather than internal combusion engine vehicles (ICEV). The results of this study shows that based on public attitudes for climate and transports in Sweden, there is no direct correlation to sales of EV, although there might be indirect correlations. The most plausible explanation for this result is that the fast increase in EV sales is deiven by social status and benefits or pro-environmental symbolism. Another result from the study is that the EV sales increase has a strong correlation to availability of recharging infrastructure. Comparative studies from Norway and other Europeian countreis shows that a mix of fiscal tools, mainly based on tools to make EV more attractive, should be successful. By using the calculations for total cost of ownership (TCO) a suitabile mix of fiscal tools may be created. Even though a positive attitude towards EVs is important, the main driver for EV demand will be a beneficial TCO that makes the EV attractive from a point of view of price and quality. The main fiscal tools recommended are a) A fiscal strategy with a mix of fiscal tools that produces a beneficial TCO for EVs in comparition to ICEVs. These may include subsidies for purchase and insurance cost, financing of the EV, and other benefits that may vary over time, b) Investments in recharing infrastructure, bothe regarding external recharging points and home-recharge stations, to secure a good availability of recharing and c) Structural information to the public and education on the benefits for climate change of an electrification of the transport sector to promote a positive attitude regarding the transition to the new energy economy.

Identiferoai:union.ndltd.org:UPSALLA1/oai:DiVA.org:hig-44702
Date January 2024
CreatorsNelson Edberg, Monica
PublisherHögskolan i Gävle, Avdelningen för byggnadsteknik, energisystem och miljövetenskap
Source SetsDiVA Archive at Upsalla University
LanguageEnglish
Detected LanguageEnglish
TypeStudent thesis, info:eu-repo/semantics/bachelorThesis, text
Formatapplication/pdf
Rightsinfo:eu-repo/semantics/openAccess

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