2019
DOI: 10.3390/su11030648
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Economic Assessment of Autonomous Electric Microtransit Vehicles

Abstract: There is rapidly growing interest in autonomous electric vehicles due to their potential in improving safety, accessibility, and environmental outcomes. However, their market penetration rate is dependent on costs. Use of autonomous electric vehicles for shared-use mobility may improve their cost competitiveness. So far, most of the research has focused on the cost impact of autonomy on taxis and ridesourcing services. Singapore is planning for island-wide deployment of autonomous vehicles for both scheduled a… Show more

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Cited by 49 publications
(29 citation statements)
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“…Results indicate that AVs have the potential to reduce the operating costs by 30 to 50 cents per mile [214]. Similarly, Ongel et al conducted an economic analysis that indicates that autonomous taxis can reduce the operating costs by 60 to 75% compared to conventional vehicles [215]. Todd Litman provided a comparison between the costs of traditional driving vs. AVs in different modes.…”
Section: Public Preference Of Different Modes Of Avs (Public Vs Privmentioning
confidence: 99%
See 1 more Smart Citation
“…Results indicate that AVs have the potential to reduce the operating costs by 30 to 50 cents per mile [214]. Similarly, Ongel et al conducted an economic analysis that indicates that autonomous taxis can reduce the operating costs by 60 to 75% compared to conventional vehicles [215]. Todd Litman provided a comparison between the costs of traditional driving vs. AVs in different modes.…”
Section: Public Preference Of Different Modes Of Avs (Public Vs Privmentioning
confidence: 99%
“…Therefore, experts believe that this pandemic is a turning point that will accelerate the new digital revolution. Although the pandemic has halted many AVs' pilot studies [215,226], it is expected that this crisis will accelerate the introduction of AVs as AVs can be useful in emergencies and pandemics as follows:…”
Section: Avs In Pandemics and Implications On The Public Attitude Towmentioning
confidence: 99%
“…AVs could also potentially provide efficiency gains. Ongel et al [17] predict that adapting autonomous electric vehicles in Singapore's public transport system would reduce total cost of ownership per passenger kilometer around 60% compared to the regular buses. We could also expect a decrease in real estate development costs and more affordable urban housing as SAVs would eliminate the need to invest in building garages for private cars [16].…”
Section: The Impact Of Avsmentioning
confidence: 99%
“…Only few studies have done a detailed cost assessment of electric vehicle and subsystems. In their research, Ongel et al, 33 Kampker et al, 35 Freyermuth and Rousseau 36 have derived identical results in the cost composition of an electric vehicle. Ongel et al 33 determined the cost of autonomous electric micro transit vehicles and compared them with buses.…”
Section: Resultsmentioning
confidence: 93%
“…The autonomous technology hardware cost includes the LIDARs, sensors, cameras, and the processing unit prices. The autonomous technology costs are calculated as described in Ongel et al 33 The vehicle body includes the structure, interior and exterior. The vehicle body costs are calculated based on the weight and materials of the generated concept.…”
Section: Methodsmentioning
confidence: 99%