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http://dx.doi.org/10.12815/kits.2015.14.2.054

A feasibility study for introducing electric vehicle taxis based on the life-cycle cost analysis  

Han, Daehee (Sungkyunkwan university)
Ahn, Yongjun (KAIST)
Yeo, Hwasoo (KAIST)
Publication Information
The Journal of The Korea Institute of Intelligent Transport Systems / v.14, no.2, 2015 , pp. 54-68 More about this Journal
Abstract
The advantage of electric taxies is that people who are not familiar with electric vehicle(EV) can have easily experience to ride EV. So, EV taxi would be a reasonable strategy for triggering EV market expansion. However, the EV taxi can be adopted by taxi companies with financial benefits. Therefore the feasibility study should be required by analyzing the cost with the points of view of the taxi company. In this study we suggested the methodology for feasibility study of the EV taxi based on the real taxi data and presented political implication. According to the study result, EV taxies could have economic value under the specific conditions such that the government subsidy is added to the purchase price of the vehicle. Also, the charging time should be used as drivers' rest time or mealtime in order not to consider the loss cost. We suggest that the new feasibility study which compares an EV taxi with other alternative vehicles such as PHEV or with an old EV taxi is needed as the future works.
Keywords
Electric vehicle taxi; Feasibility study; Transportation cost price; Life cycle cost; Opportunity cost;
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