EV Policy Development: Key Strategies for a Greener Future and
Overview of EV Policy Development Effective EV policy development revolves around several key components. Governments play a crucial role in setting clear regulatory frameworks,
Supportive governmental policies play a significant role in achieving certain goals of a nation . Policies as an attractive measure can directly influence the adoption rate of EVs . China has paid importance in formulating and implementing various policies for the development and widespread consumer adoption of electric vehicles .
3.2.1. Policy structure The overall structure of formulated EV policies in China is shown in Fig. 12. The macroscopic policies in the framework deal with collective policy measures, which are regulated by the Chinese government to achieve their specific goals for environmental safety and energy conservation.
However, the research finding reveal that preferential policies have more considerable impact on behavioral intention to adopt EVs in comparison with financial policies. Therefore, more preferential policies should be formulated to enhance the widespread EV adoption. 6.2. Policy implications
This research study extensively demonstrates the significant and positive impact of two distinguished types of EV policies including financial policies and preferential policies on consumer's intention to adopt EVs by implementing an extended and improved version of Theory of Planned behavior (TPB).
Overview of EV Policy Development Effective EV policy development revolves around several key components. Governments play a crucial role in setting clear regulatory frameworks,
Proposals: policies or actions that have been formally proposed and that may form part of a future policy or target. Announced targets: announced government targets, for example those
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This research study extensively demonstrates the significant and positive impact of two distinguished types of EV policies including financial policies and preferential policies on consumer''s
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