TY - JOUR
T1 - Impact of battery size and energy cost on the market acceptance of blended plug-in hybrid electric vehicles
AU - Xia, Yan
AU - Yang, Jie
AU - Wang, Fan
AU - Cheng, Qixiu
N1 - Funding Information:
This study is supported by the Projects of International Cooperation and Exchange (No. 51561135003), the Youth Program (No. 71501038), Key Projects (No. 51638004) of the National Natural Science Foundation of China, and the Natural Science Foundation of Jiangsu Province in China (BK20150603). The analysis data provided by Shanghai International Automobile City (SIAC) support this study.
Publisher Copyright:
© 2018 The Authors. Published by Elsevier Ltd.
PY - 2018/1
Y1 - 2018/1
N2 - The blended plug-in hybrid electric vehicles (PHEV) have sprung up in the private car market. However, many consumers are not clear about whether PHEVs will save cost for their ownership and the government and the automakers need to take effective measures to reduce the total cost of ownership (TCO) of PHEVs to promote and popularize PHEVs. This paper investigates the usage data collected from PHEV owners using the same vehicle model of BYD Qin in Shanghai, China, and estimates the TCO of PHEVs considering the acquisition and operation costs. By comparing the TCO with ICE vehicles, it is found that the TCO of ICE vehicles is lower than PHEVs. Optimizing the battery capacity is a feasible way to reduce the TCO of PHEVs, e.g., if the battery capacity is optimized as 20 kWh, the TCO would be reduced by about 6.2%. Besides, the TCO of PHEVs is more sensitive to the fluctuation of the fuel and electricity price.
AB - The blended plug-in hybrid electric vehicles (PHEV) have sprung up in the private car market. However, many consumers are not clear about whether PHEVs will save cost for their ownership and the government and the automakers need to take effective measures to reduce the total cost of ownership (TCO) of PHEVs to promote and popularize PHEVs. This paper investigates the usage data collected from PHEV owners using the same vehicle model of BYD Qin in Shanghai, China, and estimates the TCO of PHEVs considering the acquisition and operation costs. By comparing the TCO with ICE vehicles, it is found that the TCO of ICE vehicles is lower than PHEVs. Optimizing the battery capacity is a feasible way to reduce the TCO of PHEVs, e.g., if the battery capacity is optimized as 20 kWh, the TCO would be reduced by about 6.2%. Besides, the TCO of PHEVs is more sensitive to the fluctuation of the fuel and electricity price.
KW - Batter capacity
KW - Energy cost
KW - Plug-in hybrid electric vehicles
KW - Total cost of ownership
UR - https://www.scopus.com/pages/publications/85061276738
U2 - 10.1016/j.procs.2018.04.217
DO - 10.1016/j.procs.2018.04.217
M3 - Conference article
AN - SCOPUS:85061276738
SN - 1877-0509
VL - 131
SP - 377
EP - 386
JO - Procedia Computer Science
JF - Procedia Computer Science
T2 - 8th International Congress of Information and Communication Technology, ICICT 2018
Y2 - 27 January 2018 through 28 January 2018
ER -