Research Article
Range and Battery Depletion Concerns with Electric Vehicles
Table 3
Estimation results of the three EV purchase models.
| | Model 1 | Model 2 | Model 3 |
| Constant | | | | Capacity | | | | ln(price) (1000 yen) | | | | ln(time for charging) (hours) | | | | Vehicle range-related variables | | | | ln(vehicle range) (100 km) | | | | ln(vehicle range/desired vehicle range) (100 km)† | | | | ln(1 − probability of battery depletion)† | | | | Interaction with the possibility of charging at home (dummy) | | | | Charging station deployment rate | | | | Gas stations | | | | Expressway rest areas | | | | Maximum saved operation cost with an EV (yen/month)† | | | | Constant (second answer) | | | | Standard deviation of the error term (second answer) | | | | Correlation coefficient | | | |
| Number of samples | | Log-likelihood only with constant | | Final log-likelihood | | | | Rho-squared value | | | | Adjusted rho-squared value | | | |
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< 0.1, < 0.05, and < 0.01. †Variable calculated by using the probabilistic distribution of a household’s daily travel distance.
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