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DOI | 10.1038/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 |
ISSN | 2398-9629 |
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 |
推荐引用方式 GB/T 7714 | 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. |
条目包含的文件 | 条目无相关文件。 |
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