Feasibility analysis and comparison of different types of electric vehicles

Chaohang Zhang, Jianwei Chen, Yuhang Wang, Guibin Wang, Zhao Xu

Research output: Chapter in book / Conference proceedingConference article published in proceeding or bookAcademic researchpeer-review

Abstract

With higher energy efficiency and less carbon intensive, widespread application of electric vehicle (EV) becomes a big trend in many transportation systems. Many cities start their green energy revolution of electric bus and taxi in public transportation systems. In this paper, value chain analysis and life cycle cost (LCC) are utilized to compare the operation feasibility of battery-chargingmode and battery-swapping-mode electric taxi. Quantitative cash flow analysis is presented to evaluate the profitability of the two different modes. The emission reduction of slow charging in batteryswapping-mode is also calculated. By analysis and calculation, it is found out that the Battery-Swapping-Mode needs larger investment to purchase reserve batteries at the initial state, but it will boost the service capability greatly, which is mainly resulted from releasing pure electric taxis' potential operating time and improving the profitability. Besides, the improvement of service ability benefits the charging service providers' profitability, drivers' waiting time and the taxi leasing companies could fully enjoy the market expanding of business growth without the existing bottleneck of the Battery-Charging-Mode. Meanwhile, we find that the slow charge of Battery-Swapping-Mode causes less impact and less harmonic pollution to the power grid, extends the battery operation life, improves charging efficiency and reduces pollutant emission, which conducive the widespread application of electric vehicle in long-term development.

Original languageEnglish
Title of host publicationIET Seminar Digest
PublisherInstitution of Engineering and Technology
Edition8
ISBN (Electronic)9781785610103, 9781785610523, 9781785610806, 9781785610820, 9781785610943, 9781785611063, 9781785611094, 9781785611148, 9781785611155, 9781785611162, 9781785611179, 9781785611186, 9781785611285, 9781785611315, 9781785611582, 9781785611902, 9781785612190, 9781785612237, 9781849199827, 9781849199841, 9781849199841
Publication statusPublished - Nov 2015
Event10th International Conference on Advances in Power System Control, Operation and Management, APSCOM 2015 - Hong Kong, China
Duration: 8 Nov 201512 Nov 2015

Publication series

NameIET Seminar Digest
Number8
Volume2015

Conference

Conference10th International Conference on Advances in Power System Control, Operation and Management, APSCOM 2015
Country/TerritoryChina
CityHong Kong
Period8/11/1512/11/15

ASJC Scopus subject areas

  • Electrical and Electronic Engineering

Fingerprint

Dive into the research topics of 'Feasibility analysis and comparison of different types of electric vehicles'. Together they form a unique fingerprint.

Cite this