| Author: | Cao, Kaiyan |
| Title: | Study of incentive schemes for electric vehicle and transportation electrification |
| Advisors: | Bu, Siqi (EEE) |
| Degree: | M.Sc. |
| Year: | 2023 |
| Department: | Department of Electrical and Electronic Engineering |
| Pages: | xii, 76 pages : color illustrations |
| Language: | English |
| Abstract: | Global climate issues have forced many countries to carry out low-carbon energy transitions. One-fifth of total global carbon emissions come from transportation industry, making it the second-largest carbon-emission industry in the world. The transport industry is an industrial sector that should be targeted for carbon reductions. Electric vehicles will become a crucial part of the future transportation industry due to their high environmental protection and high efficiency. In addition, EV promotion is a key breakthrough for regions to handle with energy crisis, global warming, environmental protection, and the transformation of the transport industry. In this thesis, we will analyze the incentive policies for electric vehicles and transportation electrification in various countries. Based on the successful experience of other countries and the uniqueness of Hong Kong, we will ultimately provide the Hong Kong government with effective policies. To begin with, we first understand the current major challenges of multiple entities during transport electrification (i.e., transition from internal combustion engine vehicle (ICEV) to electric vehicle (EV)), and then investigate the detailed and specific requirements of three important incentive policies (i.e., vehicle tax or subsidy, charging facility (CF) investment and vehicle-to-grid (V2G) participation incentive policies) to further promote and facilitate the transport electrification and accelerate the use of EVs. Finally, based on uniqueness of Hong Kong, we provide the Hong Kong government with effective and feasible policy recommendations. The thesis will conduct assessments on the incentive policy requirements and provide the Hong Kong government and policymakers with valuable guidance on this matter. The thesis’ findings and results will also be a very good foundation and preparation for us to attract more policy-related funding and grants for further developing, testing and refining these incentive policies. |
| Rights: | All rights reserved |
| Access: | restricted access |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| 8600.pdf | For All Users (off-campus access for PolyU Staff & Students only) | 1.62 MB | Adobe PDF | View/Open |
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