Using the health benefits of electric vehicles to justify charging infrastructure incentives

Health benefits from switching from internal combustion vehicles (ICVs) to electric vehicles (EVs) include reduction of healthcare costs from treating cardiopulmonary illness, less sick leave and quality and length of life improvements. This paper compares the financial value of those benefits with the cost of building an EV charging infrastructure, using empirical data to investigate whether there is a net benefit. In most scenarios of balanced growth, when the number of charging stations increases with the number of EVs the net benefit is positive. Rapid build-out of charging stations over 2-4 years associated with government targets for EVs in 2020 and in 2025 have a net cost during the build-out period with net benefits from 2021 onwards. Since health benefits accrue to governments, businesses and individuals, these results justify the use of government incentives for charging station deployment and this paper quantifies the impact of different levels of incentive.

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  • English

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  • Accession Number: 01713897
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Jun 19 2019 8:37AM