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DOI10.1038/s41893-022-01058-5
Effects of expanding electric vehicle charging stations in California on the housing market
Liang, Jing; Qiu, Yueming (Lucy); Liu, Pengfei; He, Pan; Mauzerall, Denise L.
发表日期2022
ISSN2398-9629
页码13
英文摘要Vehicle electrification is critical to enabling countries to develop more sustainably. Wider electric vehicle (EV) adoption relies on the deployment of EV charging stations (EVCSs). However, the local benefits associated with offering more charging opportunities to nearby residents remain unexplored. Here we provide empirical evidence on the impacts of proximate EVCSs on housing prices in California. We apply a hedonic property value approach using the EVCS data combined with about 14 million housing transaction records during 1993-2021. Our results show that access to charging infrastructure can be capitalized into property values. The average price premium for houses with EVCSs within 1 km is about 3.3% (or US$17,212) compared with homes without proximate EVCSs. The largest effect is a 5.8% increase for houses with EVCSs within 0.4-0.5 km compared with houses without proximate EVCSs. We find different results across neighbourhoods with diverse socio-demographic characteristics. Proximity to EVCSs increases traffic flows by 0.3-0.5% and lowers particulate matter (PM2.5) emissions level by 1.3-2.2%. The increased property value after EVCS installation can incentivize the private real estate sector to expand the availability of charging services. More information on the housing price premium should be provided to facilitate the deployment of this sustainable infrastructure. The effects of expanding electric vehicle charging stations on housing values are unknown. This study fills the gap with data for California and finds that properties near charging stations show a higher price, while traffic slightly increases and particulate matter (PM2.5) emissions decrease.
学科领域Green & Sustainable Science & Technology; Environmental Sciences; Environmental Studies
语种英语
WOS研究方向Science & Technology - Other Topics ; Environmental Sciences & Ecology
WOS记录号WOS:000916044000003
来源期刊NATURE SUSTAINABILITY
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/272655
作者单位Princeton University; University System of Maryland; University of Maryland College Park; University of Rhode Island; Cardiff University; Princeton University
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Liang, Jing,Qiu, Yueming ,Liu, Pengfei,et al. Effects of expanding electric vehicle charging stations in California on the housing market[J],2022:13.
APA Liang, Jing,Qiu, Yueming ,Liu, Pengfei,He, Pan,&Mauzerall, Denise L..(2022).Effects of expanding electric vehicle charging stations in California on the housing market.NATURE SUSTAINABILITY,13.
MLA Liang, Jing,et al."Effects of expanding electric vehicle charging stations in California on the housing market".NATURE SUSTAINABILITY (2022):13.
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