Abstract
This paper quantifies the value of electric vehicle (EV) charging networks and the marginal value of network speed and density. We estimate a model of gasoline drivers’ refueling preferences and simulate how these potential future EV drivers value refueling time under counterfactual charging networks. Drivers value refueling time at $19.73/hour. EV adopters with home charging receive $675 per vehicle in benefits from avoiding travel to gas stations, whereas refueling travel and waiting time costs $7,763 for drivers using public charging. Increasing network charging speed yields three times greater time savings than a proportional increase in station density.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 362-400 |
| Number of pages | 39 |
| Journal | American Economic Journal: Economic Policy |
| Volume | 17 |
| Issue number | 1 |
| DOIs | |
| State | Published - 2025 |
ASJC Scopus subject areas
- General Economics, Econometrics and Finance