Economic Model to Determine Electric Car Price Through Incentives

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

1 Scopus citations


Environment protection will always be a concern of all world societies. Automotive fleet after the industry is responsible of greenhouse gases emission. The United States, Norway, Sweden, China, France and other countries, a few years ago have begun their migration process to Electric Vehicles, however, there are barriers that do not allow to accelerate their deployment, especially their prices and infrastructure lack for their charge. The study goal is to analyze incentives impact over vehicle final price. Scenarios probabilities of taxes reduction, granting of subsidies, among other benefits are proposed and the best conditions are evaluated. The results showed that the best scenarios are given with taxes reduction approximately in 20%. Bond subsidy also contribute an average of 10%.

Original languageEnglish
Title of host publication2018 IEEE ANDESCON, ANDESCON 2018 - Conference Proceedings
EditorsJose David Cely Callejas
PublisherInstitute of Electrical and Electronics Engineers Inc.
ISBN (Electronic)9781538683729
StatePublished - 5 Dec 2018
Event9th IEEE ANDESCON, ANDESCON 2018 - Cali, Colombia
Duration: 22 Aug 201824 Aug 2018

Publication series

Name2018 IEEE ANDESCON, ANDESCON 2018 - Conference Proceedings


Conference9th IEEE ANDESCON, ANDESCON 2018


  • Electric Vehicles
  • Incentives
  • Return On Investment
  • Subsidies
  • Tax


Dive into the research topics of 'Economic Model to Determine Electric Car Price Through Incentives'. Together they form a unique fingerprint.

Cite this