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Article: Optimal subsidizing policy to promote electric vehicles in Hong Kong

TitleOptimal subsidizing policy to promote electric vehicles in Hong Kong
Authors
KeywordsTransportation systems
Policy
Issue Date2003
PublisherAsian Electric Vehicle Society. The Journal's web site is located at http://www.elec.eng.osaka-cu.ac.jp/aevc/
Citation
Journal of Asian Electric Vehicles, 2003, v. 1 n. 2, p. 479-482 How to Cite?
AbstractIn this paper, we propose a framework to optimize the subsidizing policy by taking into account all the lifecycle costs and the environmental benefits of electric vehicles. First, the barriers of commercialization of electric vehicles are discussed. Models are developed to estimate the damages costs of vehicular emissions. Optimal subsidizing rules are derived to maximize the saving in government expenditure. The optimization framework for Hong Kong is developed. Numerical analysis is conducted to illustrate the effectiveness of the optimal subsidizing policy. Benefits of electric and hybrid electric vehicles are compared. The hybrid electric vehicle is found to be more cost effective in Hong Kong.
Persistent Identifierhttp://hdl.handle.net/10722/73822
ISSN

 

DC FieldValueLanguage
dc.contributor.authorWong, YSen_HK
dc.contributor.authorChau, KTen_HK
dc.contributor.authorChan, CCen_HK
dc.date.accessioned2010-09-06T06:55:05Z-
dc.date.available2010-09-06T06:55:05Z-
dc.date.issued2003en_HK
dc.identifier.citationJournal of Asian Electric Vehicles, 2003, v. 1 n. 2, p. 479-482en_HK
dc.identifier.issn1348-3927-
dc.identifier.urihttp://hdl.handle.net/10722/73822-
dc.description.abstractIn this paper, we propose a framework to optimize the subsidizing policy by taking into account all the lifecycle costs and the environmental benefits of electric vehicles. First, the barriers of commercialization of electric vehicles are discussed. Models are developed to estimate the damages costs of vehicular emissions. Optimal subsidizing rules are derived to maximize the saving in government expenditure. The optimization framework for Hong Kong is developed. Numerical analysis is conducted to illustrate the effectiveness of the optimal subsidizing policy. Benefits of electric and hybrid electric vehicles are compared. The hybrid electric vehicle is found to be more cost effective in Hong Kong.-
dc.languageengen_HK
dc.publisherAsian Electric Vehicle Society. The Journal's web site is located at http://www.elec.eng.osaka-cu.ac.jp/aevc/-
dc.relation.ispartofJournal of Asian Electric Vehiclesen_HK
dc.subjectTransportation systems-
dc.subjectPolicy-
dc.titleOptimal subsidizing policy to promote electric vehicles in Hong Kongen_HK
dc.typeArticleen_HK
dc.identifier.emailWong, YS: yswong@eee.hku.hken_HK
dc.identifier.emailChau, KT: ktchau@eee.hku.hken_HK
dc.identifier.emailChan, CC: ccchan@eee.hku.hk-
dc.identifier.authorityChau, KT=rp00096en_HK
dc.description.naturelink_to_OA_fulltext-
dc.identifier.hkuros90137en_HK
dc.identifier.volume1-
dc.identifier.issue2-
dc.identifier.spage479-
dc.identifier.epage482-

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