Effects of Charging Infrastructure on Electric Vehicle Market Share for European Countries

The research question of this thesis is “does increasing electric vehicle charging
infrastructure increase electric vehicle market share”. The goal of this thesis is to evaluate what
solutions, besides monetary incentives, may be of assistance to increase electric vehicle market
share. Two regressions are run on 32 European countries between 2014-2020. The goal of these
regressions is to see if installing charging infrastructure can increase electric vehicle market
share. If charging infrastructure increases electric vehicle market share, then investing in
charging infrastructure can be an alternative to monetary incentives. The adoption of electric
vehicles is of importance, especially at a time where the risk of climate change and global
warming may impact our future. Charging infrastructure in my regression is separated between
fast charging points and slow charging points per million people. Regression 1 includes no fixed
effects and Regression 2 includes fixed effects. Ultimately both regression types come to the
same conclusion that charging infrastructure installation does increase a country's electric
vehicle market share. Specifically, fast charging points per million people has a much larger
effect on increasing a country's electric vehicle market share than slow charging points per
million people.