Sharing economy of electric vehicle private charge posts

Authors

Xu Hu
Zhaojun Yang
Jun Sun, The University of Texas Rio Grande ValleyFollow
Yali Zhang

Document Type

Article

Publication Date

10-2021

Abstract

The increasing popularity of electric vehicles (EVs) leads to heightened demand for the charging infrastructure. More and more EV drivers install private charge posts, which can now be shared with others through certain mobile apps. This emerging phenomenon is becoming a prominent part of the sharing economy. To examine the impacts of post sharing on EV charging market, this study establishes game theory models on consumer choices among private, public, and shared options. Such peer-to-peer sharing and collaborative consumption redistribute the installation and operation costs of private charge posts in proportion to their increased utilization. Numerical analyses suggest that the sharing mode provides a win-win solution for charge post owners and non-owner consumers, as well as electricity distributors and public charging infrastructure operators. In the case of China, the estimated saving for charge post owners is between 20% and 50%, which can be translated into more non-government investment in the EV industry chain. The findings provide supporting evidence for policy-makers to promote private charge post sharing, especially with certain consumer subsidization at a reasonable level.

Comments

Original published version available at https://doi.org/10.1016/j.trb.2021.09.001

Recommended Citation

Hu, X., Yang, Z., Sun, J., Zhang, Y., 2021. Sharing economy of electric vehicle private charge posts. Transportation Research Part B: Methodological 152, 258–275. https://doi.org/10.1016/j.trb.2021.09.001

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.

Publication Title

Transportation Research Part B: Methodological

DOI

10.1016/j.trb.2021.09.001