Table 2.

Regression results showing the non-negative impact of power outages on non-EV adoption

ln non-EV (Gasoline+Diesel+Compressed natural gas+Ethanol)
L1.Outage times	0.038***
	(0.005)
L1.Outage hours		0.0007***
		(0.0003)
lnGDP	0.086	0.091
	(0.088)	(0.09)
Constant	3.84***	4.13***
	(0.73)	(0.75)
Year*City FE	YES	YES
Month*City FE	YES	YES
Observations	4700	4700
Number of city	301	301
R-squared	0.67	0.65

This table reports the estimated coefficients and cluster-robust standard errors (in parentheses). The dependent variable is the log of monthly sales for non-energy vehicles (non-EVs), which include cars powered by gasoline, diesel, compressed natural gas, and ethanol. L1. means 1-month lag. Standard errors in parentheses are clustered to the city level. *P < 0.1, **P < 0.05, ***P < 0.01. R-squared denotes the goodness-of-fit of the regressions.