Agent-based modelling of electric vehicle adoption: A multidimensional perspective assessment

To meet the environmental sustainability objectives outlined in the Fit for 55 % program, European nations must curtail their greenhouse gas emissions. Promoting electric vehicle adoption emerges as a pivotal strategy. Previous research has primarily focused on isolated aspects of this phenomenon, neglecting a holistic approach that merges economic, technical, and socio-behavioural dimensions and their interrelations. This paper addresses this gap by developing an electric vehicle adoption agent-based model evaluating the interplay of these aspects. Our findings highlight the relationship among range anxiety and environmental awareness, and the importance of government financial incentives and advertising expenditure in promoting electric vehicle adoption. The model is calibrated to the Italian case, serving as a basis for analysing similar contexts. Due to its design as a typification, this paper provides insights into sustainable policy frameworks that can be extended to cases with comparable characteristics.