Title: Understanding Household Preferences For Alternative-Fuel Vehicle Technologies
Abstract: This report explores consumer preferences among four different alternative-fuel vehicles (AFVs): hybrid electric vehicles (HEVs), compressed natural gas (CNG) vehicles, hydrogen fuel cell (HFC) vehicles, and electric vehicles (EVs). Although researchers have been interested in understanding consumer preferences for AFVs for more than three decades, it is important to update our estimates of the trade-offs people are willing to make between cost, environmental performance, vehicle range, and refueling convenience. A nationwide, Internet-based survey assessed consumer preferences for AFVs. In general, gasoline-fueled vehicles are still preferred over AFVs, however there is a strong interest in AFVs. No AFV type is overwhelmingly preferred, although HEVs seem to have an edge. Trade-offs are assessed; to leave a person’s utility unchanged, a $1,000 increase in AFV cost needs to be compensated by: 1) a $300 savings in driving cost over 12,000 miles; 2) a 17.5 mile increase in vehicle range; or 3) a 7.8-minute decrease in total refueling time.
Publication Year: 2011
Publication Date: 2011-06-01
Language: en
Type: article
Access and Citation
Cited By Count: 13
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