Promoting electric vehicles: Reducing charging inconvenience and price via station and consumer subsidies

Environmental and energy independence concerns lead to government subsidies for electric vehicles (EVs). Operational decisions for a government are (i) to incentivize EV ownership by a direct consumer subsidy, a station subsidy that reduces charging inconvenience, or by both subsidies; and (ii) to minimize subsidy expenditure or to maximize EV adoption level. We model the interactions between the government and the charging supplier as a …