Design of a taxation system to promote electric vehicles in Singapore

Seng Tat Chua, Masaru Nakano

Research output: Chapter in Book/Report/Conference proceedingConference contribution

5 Citations (Scopus)

Abstract

Electric vehicles offer a potential low-carbon alternative to today's gasoline-powered vehicles. In line with global trends, Singapore has expressed interest in promoting electric vehicles on its shores. This paper investigates the effects of taxation, namely tax rebates and carbon taxes, on the penetration of electric vehicles in Singapore. A consumer vehicular preference model was constructed using the logit model, and the effects on the economy determined through an input-output analysis. Multi-objective optimization is then used to find the optimal tax rate. Results indicate that a tax rebate minimizes the negative impact on the economy at a low penetration rate of electric vehicles, whereas a carbon tax minimizes the negative impact on GDP at a high penetration rate of above 60%.

Original languageEnglish
Title of host publicationAdvances in Production Management Systems
Subtitle of host publicationCompetitive Manufacturing for Innovative Products and Services - IFIP WG 5.7 International Conference, APMS 2012, Revised Selected Papers
PublisherSpringer New York LLC
Pages359-367
Number of pages9
EditionPART 1
ISBN (Print)9783642403514
DOIs
Publication statusPublished - 2013
EventIFIP WG 5.7 International Conference on Advances in Production Management Systems, APMS 2012 - Rhodes, Greece
Duration: 2012 Sept 242012 Sept 26

Publication series

NameIFIP Advances in Information and Communication Technology
NumberPART 1
Volume397
ISSN (Print)1868-4238

Conference

ConferenceIFIP WG 5.7 International Conference on Advances in Production Management Systems, APMS 2012
Country/TerritoryGreece
CityRhodes
Period12/9/2412/9/26

Keywords

  • Electric vehicles
  • Socio-technical approach
  • Sustainable manufacturing
  • Taxation

ASJC Scopus subject areas

  • Information Systems
  • Computer Networks and Communications
  • Information Systems and Management

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