How expensive are electric vehicles? A total cost of ownership analysis

Kenneth Lebeau; Philippe Lebeau; Cathy Macharis; Joeri Van Mierlo

doi:10.1109/EVS.2013.6914972

How expensive are electric vehicles? A total cost of ownership analysis

Kenneth Lebeau, Philippe Lebeau, Cathy Macharis, Joeri Van Mierlo

Onderzoeksoutput: Conference paper › Research

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This paper presents a total cost of ownership (TCO) model for three different car segments. The goal is to investigate the cost efficiency of electric vehicles compared to conventional vehicles. All costs that occur during the expected vehicle's lifespan are included: purchase cost, registration tax, vehicle road tax, maintenance, tires and technical control cost, insurance cost, battery leasing cost, battery replacement cost and fuel or electricity cost. Results are shown per vehicle segment and illustrate the share of all cost components. We find that current electric vehicles are only cost attractive within the premium car segment.

Originele taal-2	English
Titel	2013 World Electric Vehicle Symposium and Exhibition, EVS 2014
Uitgeverij	Institute of Electrical and Electronics Engineers Inc.
Pagina's	1-12
ISBN van elektronische versie	9781479938322
DOI's	https://doi.org/10.1109/EVS.2013.6914972
Status	Published - 1 okt 2014
Evenement	27th World Electric Vehicle Symposium and Exhibition, EVS 2014 - Barcelona, Spain Duur: 17 nov 2013 → 20 nov 2013

Conference

Conference	27th World Electric Vehicle Symposium and Exhibition, EVS 2014
Land/Regio	Spain
Stad	Barcelona
Periode	17/11/13 → 20/11/13

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title = "How expensive are electric vehicles? A total cost of ownership analysis",

abstract = "This paper presents a total cost of ownership (TCO) model for three different car segments. The goal is to investigate the cost efficiency of electric vehicles compared to conventional vehicles. All costs that occur during the expected vehicle's lifespan are included: purchase cost, registration tax, vehicle road tax, maintenance, tires and technical control cost, insurance cost, battery leasing cost, battery replacement cost and fuel or electricity cost. Results are shown per vehicle segment and illustrate the share of all cost components. We find that current electric vehicles are only cost attractive within the premium car segment.",

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Lebeau, K, Lebeau, P , Macharis, C & Van Mierlo, J 2014, How expensive are electric vehicles? A total cost of ownership analysis. in 2013 World Electric Vehicle Symposium and Exhibition, EVS 2014., 6914972, Institute of Electrical and Electronics Engineers Inc., blz. 1-12, 27th World Electric Vehicle Symposium and Exhibition, EVS 2014, Barcelona, Spain, 17/11/13. https://doi.org/10.1109/EVS.2013.6914972

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AB - This paper presents a total cost of ownership (TCO) model for three different car segments. The goal is to investigate the cost efficiency of electric vehicles compared to conventional vehicles. All costs that occur during the expected vehicle's lifespan are included: purchase cost, registration tax, vehicle road tax, maintenance, tires and technical control cost, insurance cost, battery leasing cost, battery replacement cost and fuel or electricity cost. Results are shown per vehicle segment and illustrate the share of all cost components. We find that current electric vehicles are only cost attractive within the premium car segment.

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How expensive are electric vehicles? A total cost of ownership analysis

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