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DOI10.1016/j.enpol.2020.112023
The total cost of electric vehicle ownership: A consumer-oriented study of China's post-subsidy era
Ouyang D.; Zhou S.; Ou X.
发表日期2021
ISSN03014215
卷号149
英文摘要The withdrawal of the purchase subsidy and the spread of Covid-19 have had a significant effect on Chinese consumers' purchase intentions regarding electric vehicles (EVs). Therefore, it is worthwhile analyzing the factors influencing EV purchase decisions from the consumer's perspective. We use a consumer-oriented model to analyze the total cost of ownership over 5- and 10-year holding periods in China for internal combustion engine vehicles, plug-in hybrid electric vehicles (PHEVs), and battery electric vehicles (BEVs). We include consumer usage habits and non-monetary costs to reflect consumer characteristics. The results show that the small BEVs will achieve parity before 2025, while medium-sized and large BEVs will do so around 2030. Regarding PHEVs, large and medium-sized models show better performance. Even though BEV and PHEV purchase costs will fall by 31%–36% and 16%–18%, respectively, between 2020 and 2030, most EV models will still not reach purchase cost parity by 2030. Incentive policies will have a significant impact, and oil prices are likely to have a huge impact on the time until EVs reach parity. Thus, policy-makers should introduce incentive policies aimed at ensuring a smooth transition to the electrification of China's vehicle fleet. © 2020 Elsevier Ltd
关键词Cost advantageElectric vehicle costEV subsidyTotal cost of ownership
英文关键词Battery electric vehicles; Costs; Crude oil price; Fleet operations; Sales; Electric Vehicles (EVs); Incentive policies; Internal combustion engine vehicles; Plug-in hybrid electric vehicles; Purchase decision; Purchase intention; Smooth transitions; Total cost of ownership; Plug-in hybrid vehicles; consumption behavior; cost analysis; electric vehicle; electrification; energy policy; policy making; subsidy system; China
语种英语
来源期刊Energy Policy
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/205285
作者单位Tsinghua University—Zhang Jiagang Joint Institute for Hydrogen Energy and Lithium-Ion Battery Technology, Tsinghua University, Beijing, 100084, China; Institute of Energy, Environment and Economy, Tsinghua University, Beijing, 100084, China; Tsinghua-Rio Tinto Joint Research Centre for Resources, Energy and Sustainable Development, Laboratory for Low Carbon Energy, Tsinghua University, Beijing, 100084, China; China Automotive Energy Research Center, Tsinghua University, Beijing, 100084, China
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Ouyang D.,Zhou S.,Ou X.. The total cost of electric vehicle ownership: A consumer-oriented study of China's post-subsidy era[J],2021,149.
APA Ouyang D.,Zhou S.,&Ou X..(2021).The total cost of electric vehicle ownership: A consumer-oriented study of China's post-subsidy era.Energy Policy,149.
MLA Ouyang D.,et al."The total cost of electric vehicle ownership: A consumer-oriented study of China's post-subsidy era".Energy Policy 149(2021).
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