The Economic Case for Electric Vehicles in Public Sector Fleets: An Italian Case Study

Danielis, Romeo; Scorrano, Mariangela; Giansoldati, Marco; Amadori, Stefano

doi:10.3390/wevj11010022

Cited by 8 publications

(4 citation statements)

References 22 publications

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“…Numerous works discuss the investment in EVs for public transportation from various perspective. The most common economic indicators include total cost of ownership (TCO), least cost, net present value (NPV), payback period (PBP), internal rate of return (IRR), and return on investment (ROI) [11][12][13][14]. For instance, [12] compared the TCO of battery EVs and internal combustion vehicles for local health authorities, municipalities, and special purpose authorities between passenger cars and mixed-use small light commercial vehicles.…”

Section: Introductionmentioning

confidence: 99%

“…The most common economic indicators include total cost of ownership (TCO), least cost, net present value (NPV), payback period (PBP), internal rate of return (IRR), and return on investment (ROI) [11][12][13][14]. For instance, [12] compared the TCO of battery EVs and internal combustion vehicles for local health authorities, municipalities, and special purpose authorities between passenger cars and mixed-use small light commercial vehicles. The research highlights economic sense to adopt EVs for a positive although relatively small percentage of the public sector fleet under the current price and cost structure.…”

Section: Introductionmentioning

confidence: 99%

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Socio-Economic and Environmental Analyses of Sustainable Public Transport in the Philippines

Agaton

Collera

Guno³

2020

Sustainability

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Electric vehicles are regarded as energy transition technology towards more sustainable and environment-friendly transportation systems. Despite the benefits of reducing the dependence on fossil fuels and greenhouse gas emissions, the adoption of electric vehicles faces several obstacles ranging from financing issues, government policies, and public acceptance. This study aims to identify the economic, environmental, and social impact of the adoption of electric vehicles for public transportation. Using the Philippines as a case study, the findings highlight the economic advantage of investing in electric public transportation with high public acceptance. The results further identify significant decrease in air pollution, reduction of greenhouse gas emissions and encourage lowering the reliance on imported fossil fuels by shifting the public transport from conventional to electric transport system. This study recommends stricter implementation of government policies on modernized public transportation, stronger government support on financing mechanisms, establishment of charging stations in public and private terminals, and boosting programs for developing local-made electric vehicles. To make electric vehicle more environment-friendly, the government must accelerate the energy transition by increasing the electricity share from renewable sources and investing in more sustainable sources of energy.

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Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Socio-Economic and Environmental Analyses of Sustainable Public Transport in the Philippines

Agaton

Collera

Guno³

2020

Sustainability

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“…Dumortier et al [48] pointed out that consumers assess the current expenditure more than the long-term savings of EVs. Danielis et al [49] found that even though the energy preservation of EV can save substantial money, only consumers with long driving ranges can extensively profit from it. Though the benefits of EVs regarding price may appeal to some consumers, these advantages are not evident in the short term.…”

Section: Purchasing Ev Pricementioning

confidence: 99%

Consumers Purchase Intentions of Green Electric Vehicles: The Influence of Consumers Technological and Environmental Considerations

Dutta

Hwang

2021

Sustainability

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The purpose of the current study is to explore barriers influencing consumers’ intention to adopt sustainable electric vehicles (EV) based on the modified theory of planned behavior (TPB) model. Structural equation modeling (SEM) and confirmatory factor analysis (CFA) were employed to analyze the research model, using 262 valid responses. The findings of the current study explored how attitude (ATT), subjective norm (SN), and perceived behavioral control (PBC) significantly influenced users’ sustainable consumption intentions. The finding also explored ways in which environmental concern significantly influenced ATT, SN, PBC, and sustainable consumption intention of the users. Not only measurements of vehicle performance, namely safety, reliability, and range, but other factors, such as purchasing price, charging facility, and maintenance and battery cost also influenced consumers’ sustainable consumption intentions. The predictive power of the proposed model (R2 = 63.5) was better than the original TPB (R2 = 53.6). Results also indicated that Taiwanese are primarily concerned about the greenhouse effects on the environment, which reflected their sustainable consumption intentions. The conclusions of the current study could assist government and policymakers in designing sustainable programs, which could improve consumers’ sustainable consumption intentions to prevent further air pollution and reduce CO2 emissions from the transportation sector.

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“…For a vehicle, this includes one-time costs like the purchase costs, but also recurring expenses like fuel and maintenance cost [14]. TCO models might have two cost components: one including the costs borne by the vehicle user (the consumer-oriented TCO), and one including the costs borne by society, as for example air and noise pollution (the society-oriented TCO) [15]. The TCO can be separated into capital costs (the cost of purchasing vehicles) and operational costs (the cost of using vehicles).…”

Section: Introductionmentioning

confidence: 99%

The Application of Total Cost of Ownership Method to Automotive Industry

Richnák

Gubová

Fabianová

2020

LOGI – Scientific Journal on Transport and Logistics

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Transport currently has the largest share of air pollution, among all sectors. Increasing air pollution caused by conventional cars brings an opportunity to develop electric cars, which are a green alternative in transport. The main aim of the article was to explain the terms related to electromobility through the literature and then to examine the total cost of electric cars and conventional cars on the example of selected four models. The comparison was made on the example of the best-selling four selected models: electric car, hybrid car, plug-in hybrid car and standard petrol car. The methods were used in the elaboration of the article: analysis, synthesis, induction, deduction and comparison. We used the Total Cost of Ownership (TCO) method to process the results. The intention of the article was to point out the lower total cost of ownership for electric cars and to confirm the fact that electric cars are a profitable investment in the future.

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The Economic Case for Electric Vehicles in Public Sector Fleets: An Italian Case Study

Cited by 8 publications

References 22 publications

Socio-Economic and Environmental Analyses of Sustainable Public Transport in the Philippines

Socio-Economic and Environmental Analyses of Sustainable Public Transport in the Philippines

Consumers Purchase Intentions of Green Electric Vehicles: The Influence of Consumers Technological and Environmental Considerations

The Application of Total Cost of Ownership Method to Automotive Industry

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