Business Case For Electric Vehicle Use In Service Vehicle Fleets

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Business Case for Electric Vehicle Use in Service Vehicle Fleets

Author :
Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.:/5 (869 download)

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Book Synopsis Business Case for Electric Vehicle Use in Service Vehicle Fleets by :

Download or read book Business Case for Electric Vehicle Use in Service Vehicle Fleets written by and published by . This book was released on 2013 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report presents the findings of Project EVAN (Electric Vehicle ANalysis), a comparative study undertaken by Pollution Probe with the support of CrossChasm Technologies and Fleet Challenge Ontario to establish the business case and environmental justification for fleet managers in both the public and private sectors to incorporate electric vehicle technology into their procurement and vehicle replacement plans. The study involved data-logging of three conventional gasoline-powered light-duty vehicles and three electric vehicle alternatives during the course of normal fleet service for one year, and then conducting a comprehensive life cycle analysis of the cost of ownership based on the data gathered. In each case, the electric vehicle was determined to be the lower-cost option, with operational cost savings offsetting incremental price premiums to deliver a payback in just a few years. Moreover, even when emissions from the generation of electricity (upstream emissions) were considered, electric vehicles produced 21 times less carbon dioxide equivalent emissions per year than their gasoline-powered alternatives.

Business Case for Electric Vehicle Use in Service Vehicle Fleets

Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Business Case for Electric Vehicle Use in Service Vehicle Fleets by :

Download or read book Business Case for Electric Vehicle Use in Service Vehicle Fleets written by and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report presents the findings of Project EVAN (Electric Vehicle ANalysis), a comparative study undertaken by Pollution Probe with the support of CrossChasm Technologies and Fleet Challenge Ontario to establish the business case and environmental justification for fleet managers in both the public and private sectors to incorporate electric vehicle technology into their procurement and vehicle replacement plans. The study involved data-logging of three conventional gasoline-powered light-duty vehicles and three electric vehicle alternatives during the course of normal fleet service for one year, and then conducting a comprehensive life cycle analysis of the cost of ownership based on the data gathered. In each case, the electric vehicle was determined to be the lower-cost option, with operational cost savings offsetting incremental price premiums to deliver a payback in just a few years. Moreover, even when emissions from the generation of electricity (upstream emissions) were considered, electric vehicles produced 21 times less carbon dioxide equivalent emissions per year than their gasoline-powered alternatives.

Building a Business Case for Corporate Fleets to Adopt Vehicle-to-grid Technology (V2G) and Participate in the Regulation Service Market

Download Building a Business Case for Corporate Fleets to Adopt Vehicle-to-grid Technology (V2G) and Participate in the Regulation Service Market PDF Online Free

Author : Andrés De los Ríos Vergara
Publisher :
ISBN 13 :
Total Pages : 101 pages
Book Rating : 4.:/5 (772 download)

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Book Synopsis Building a Business Case for Corporate Fleets to Adopt Vehicle-to-grid Technology (V2G) and Participate in the Regulation Service Market by : Andrés De los Ríos Vergara

Download or read book Building a Business Case for Corporate Fleets to Adopt Vehicle-to-grid Technology (V2G) and Participate in the Regulation Service Market written by Andrés De los Ríos Vergara and published by . This book was released on 2011 with total page 101 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electric (EV) and Plug-in Hybrid Electric vehicles (PHEV) continue to gain attention and market share, not only as options for consumers but also for corporate fleets. EVs and PHEVs can contribute to lower operating costs through reduced maintenance requirements and enhanced fuel economy. In addition, a fleet of EVs or PHEVs, when parked and aggregated in a sizeable number, can provide regulation services to the grid through the electricity stored in the vehicle's batteries. This opportunity is known as Vehicle-to-grid technology (V2G). This thesis evaluates the economics for V2G-enabled fleets to participate in the regulation services market. In order to build a business case for fleet managers, we constructed a 10-year cash flow model that compares the operating, infrastructure, and capital costs, as well as the revenue opportunities for EVs, PHEVs, and ICEs. To quantify potential revenues, we adapted a tool that the ISO New England has used to simulate the revenues of participants in the regulation market for an alternative energy pilot. We show that ICEs, while having the lowest retail value, actually have the greatest NPV due to their high operating costs and inability to participate in the regulation services market. EVs have the highest retail value, but due to their large battery size are able to provide the most regulation services. The opportunity for V2G is critical for the attractiveness of the EV. PHEVs offer lower V2G revenue opportunity than the EVs but have greater operational flexibility. We determined that V2G revenue potential is driven by the charger capacity and battery size and there are tradeoffs associated with these components. A larger battery and charger will generate more money from regulation services, but their high investment cost may outweigh these benefits. The correct combination of charger capacity, battery size, and state of charge (SOC) is important. If the charger capacity is too large and SOC too high or low, a small battery can be charged or depleted too quickly, hindering its ability to provide regulation services.

Electric Vehicles In Shared Fleets: Mobility Management, Business Models, And Decision Support Systems

Author : Kenan Degirmenci
Publisher : World Scientific
ISBN 13 : 1800611439
Total Pages : 296 pages
Book Rating : 4.8/5 (6 download)

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Book Synopsis Electric Vehicles In Shared Fleets: Mobility Management, Business Models, And Decision Support Systems by : Kenan Degirmenci

Download or read book Electric Vehicles In Shared Fleets: Mobility Management, Business Models, And Decision Support Systems written by Kenan Degirmenci and published by World Scientific. This book was released on 2022-04-28 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: The electrification of shared fleets offers numerous benefits, including the reduction of local emissions of pollutants, which leads to ecological improvements such as the improvement of air quality. Electric Vehicles in Shared Fleets considers a holistic concept for a socio-technical system with a focus on three core areas: integrated mobility solutions, business models for economic viability, and information systems that support decision-making for the successful implementation and operation of electric vehicles in shared fleets.In this book, we examine different aspects within these areas including multimodal mobility, grid integration of electric vehicles, shared autonomous electric vehicle services, relocation strategies in shared fleets, and the challenge of battery life of electric vehicles. Insights into the future of transport are provided, which is predicted to be shared, autonomous, and electric. This will require the expansion of the charging infrastructure to provide adequate premises for the electrification of transportation and to create market demand.

Charging Corporate Action

Author : Violette Snow
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (139 download)

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Book Synopsis Charging Corporate Action by : Violette Snow

Download or read book Charging Corporate Action written by Violette Snow and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: With just 1,000 companies responsible for about 1.5 million cars on the road, big businesses can take the wheel in the race to net zero by electrifying their fleets and powering them with renewable energy. This will not only rapidly drive down climate pollution, but kickstart the second-hand electric car market, enabling consumers to buy their first electric car sooner. The business case for fleet electrification is stronger than ever ....

Electric Vehicle Business Models

Author : David Beeton
Publisher : Springer
ISBN 13 : 3319122444
Total Pages : 247 pages
Book Rating : 4.3/5 (191 download)

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Book Synopsis Electric Vehicle Business Models by : David Beeton

Download or read book Electric Vehicle Business Models written by David Beeton and published by Springer. This book was released on 2014-12-27 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: This contributed volume collects insights from industry professionals, policy makers and researchers on new and profitable business models in the field of electric vehicles (EV) for the mass market. This book includes approaches that address the optimization of total cost of ownership. Moreover, it presents alternative models of ownership, financing and leasing. The editors present state-of-the-art insights from international experts, including real-world case studies. The volume has been edited in the framework of the International Energy Agency’s Implementing Agreement for Cooperation on Hybrid and Electric Vehicles (IA-HEV). The target audience primarily comprises practitioners and decision makers but the book may also be beneficial for research experts and graduate students.

Fleets Go Green

Author : Christoph Herrmann
Publisher : Springer
ISBN 13 : 3319727249
Total Pages : 121 pages
Book Rating : 4.3/5 (197 download)

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Book Synopsis Fleets Go Green by : Christoph Herrmann

Download or read book Fleets Go Green written by Christoph Herrmann and published by Springer. This book was released on 2018-06-11 with total page 121 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book presents the results of the research project Fleets Go Green from different engineering disciplines. It includes comprehensive empirical data as well as different methods and tools for evaluating and integrating electric vehicles into corporate fleets. Finally, the authors give recommendations for fleet owners, vehicle manufacturers and political decision. The aim of the joint research project Fleets Go Green was the integrated analysis and evaluation of the environmental performance of electric and plug-in-hybrid vehicles in everyday usage on the example of fleet operations. The potential of electric vehicles for reducing the harmful environmental impacts of road transport in everyday conditions can only be analyzed and evaluated in field tests. If electric vehicles should realize their potential to reduce emissions and minimize the consumption of resources, an integrated life cycle assessment is required.

Analysis of Business Models for EV Fleets in Cites

Author : Daniel Kuntz
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (112 download)

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Book Synopsis Analysis of Business Models for EV Fleets in Cites by : Daniel Kuntz

Download or read book Analysis of Business Models for EV Fleets in Cites written by Daniel Kuntz and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis examines the transition from internal combustion engine (ICE) fleets to electric vehicle (EV) fleets. In particular, there is a focus on the economic effects from the point of view of the fleet owner, as well as overall environmental effects. This is accomplished through case studies involving different fleet-based business models and analysing the resulting effects of a transition to EV fleets. Furthermore, comparisons will be made between similar scenarios in two different European cities, namely Barcelona and Stockholm. Additionally, aid and incentives to motivate a change from ICE and EV fleets are explored in detail. The results show annual savings of 4,279.94 EUR/year and 6,352.33 EUR/year for taxi drivers in Barcelona and Stockholm respectively, and 6,405,121 EUR/year and 8,594,734 EUR/year for public bus operators in Barcelona and Stockholm respectively. Furthermore, the results show a reduction in local emissions of 12,727 kg CO2/year for taxi drivers in Barcelona and Stockholm, and 22,835,163 kg CO2/year and 19,134,464 kg CO2/year for public bus operators in Barcelona and Stockholm respectively. Finally, savings for delivery service fleets are shown to range from 18.25 EUR for 4,000 km up to 3,744.25 EUR for 50,000 km. The thesis concludes by acknowledging the large positive environmental effects, while also pointing out that despite the yearly economic savings, there is still a large financial burden associated with a transition to EV fleets. Ways in which this financial burden can be reduced include increasing the annual kilometres driven by vehicles in the fleet, and increasing the difference in cost between electricity and fuel prices.

Delivering the Goods 21st Century Challenges to Urban Goods Transport

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264102825
Total Pages : 153 pages
Book Rating : 4.2/5 (641 download)

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Book Synopsis Delivering the Goods 21st Century Challenges to Urban Goods Transport by : OECD

Download or read book Delivering the Goods 21st Century Challenges to Urban Goods Transport written by OECD and published by OECD Publishing. This book was released on 2003-07-09 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report analyses measures taken in many cities regarding goods delivery in the OECD area and provides recommendations for dealing with these challenges.

Understanding Drivers of Electrification of Transportation Systems in a Commercial Context (Band 118)

Author : Christine Harnischmacher
Publisher : Cuvillier Verlag
ISBN 13 : 3736967055
Total Pages : 207 pages
Book Rating : 4.7/5 (369 download)

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Book Synopsis Understanding Drivers of Electrification of Transportation Systems in a Commercial Context (Band 118) by : Christine Harnischmacher

Download or read book Understanding Drivers of Electrification of Transportation Systems in a Commercial Context (Band 118) written by Christine Harnischmacher and published by Cuvillier Verlag. This book was released on 2022-11-16 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: The mitigation of global climate change poses one of the major challenges of the twenty-first century. Governments all around the world have set ambitious climate- and energy- specific targets that shape the development of the energy and transportation sectors. Increasing the share of renewable energies in the energy mix and substituting conventional vehicles with electric vehicles (EVs) at the same time poses significant challenges for the power grid. The coupling of the energy and transportation sectors offers a promising increase in energy efficiency, as the EVs’ batteries can be used as storage for the provision of utility services by supplying power to the grid for stabilization. This is known as the vehicle-to-grid (V2G) application. Thus, suitable V2G applications can contribute to the security of energy supply while at the same time promoting electrified transportation and the integration of renewables. These applications are especially efficient in a commercial context, where the capacities of several batteries can easily be aggregated. This thesis investigates the role of IS for the electrification and V2G integration of commercial fleets. Four studies were conducted and are compiled in this dissertation that demonstrate the feasibility and provide guidelines for incorporating commercial electrified fleets as an active component of the energy economic value chain. The understanding gained enables viewing fleet electrification and V2G integration as IS enabled amplification of the energy economic value chain towards ecological sustainability.

Vehicle-to-Grid

Author : Lance Noel
Publisher : Springer
ISBN 13 : 3030048640
Total Pages : 237 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis Vehicle-to-Grid by : Lance Noel

Download or read book Vehicle-to-Grid written by Lance Noel and published by Springer. This book was released on 2019-01-04 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book defines and charts the barriers and future of vehicle-to-grid technology: a technology that could dramatically reduce emissions, create revenue, and accelerate the adoption of battery electric cars. This technology connects the electric power grid and the transportation system in ways that will enable electric vehicles to store renewable energy and offer valuable services to the electricity grid and its markets. To understand the complex features of this emergent technology, the authors explore the current status and prospect of vehicle-to-grid, and detail the sociotechnical barriers that may impede its fruitful deployment. The book concludes with a policy roadmap to advise decision-makers on how to optimally implement vehicle-to-grid and capture its benefits to society while attempting to avoid the impediments discussed earlier in the book.

Plug-In Electric Vehicles

Author : David B. Sandalow
Publisher : Rowman & Littlefield
ISBN 13 : 0815703481
Total Pages : 281 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Plug-In Electric Vehicles by : David B. Sandalow

Download or read book Plug-In Electric Vehicles written by David B. Sandalow and published by Rowman & Littlefield. This book was released on 2009-09-01 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: Plug-in electric vehicles are coming. Major automakers plan to commercialize their first models soon, while Israel and Denmark have ambitious plans to electrify large portions of their vehicle fleets. No technology has greater potential to end the United States' crippling dependence on oil, which leaves the nation vulnerable to price shocks, supply disruptions, environmental degradation, and national security threats including terrorism. What does the future hold for this critical technology, and what should the U.S. government do to promote it? Hybrid vehicles now number more than one million on America's roads, and they are in high demand from consumers. The next major technological step is the plug-in electric vehicle. It combines an internal combustion engine and electric motor, just as hybrids do. But unlike their precursors, PEVs can be recharged from standard electric outlets, meaning the vehicles would no longer be dependent on oil. Widespread growth in the use of PEVs would dramatically reduce oil dependence, cut driving costs and reduce pollution from vehicles. National security would be enhanced, as reduced oil dependence decreases the leverage and resources of petroleum exporters. Brookings fellow David Sandalow heads up an authoritative team of experts including former government officials, private-sector analysts, academic experts, and nongovernmental advocates. Together they explain the current landscape for PEVs: the technology, the economics, and the implications for national security and the environment. They examine how the national interest could be served by federal promotion and investment in PEVs. For example, can tax or procurement policy advance the cause of PEVs? Should the public sector contribute to greater research and development? Should the government insist on PEVs to replenish its huge fleet of official vehicles? Plug-in electric vehicles are coming. But how soon, in what numbers, and to what effect? Feder

Large-scale Electric Vehicle Sharing Fleet Management

Author : Yuguang Wu
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (128 download)

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Book Synopsis Large-scale Electric Vehicle Sharing Fleet Management by : Yuguang Wu

Download or read book Large-scale Electric Vehicle Sharing Fleet Management written by Yuguang Wu and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Electric vehicle (EV) sharing services have received growing attention from investors and city dwellers in the decade. However, due to high operating costs and the increasing competition, profitability has become the bottleneck for many EV sharing service providers to succeed in the long run. My dissertation research focuses on developing mathematical models to design finer operational strategies for large-scale EV sharing fleets, especially in the stochastic and unbalanced transportation background. The basic blueprint is to upgrade EV fleet management from myopic strategies to location-based, energy-based, and environment-responsive policies. Specifically, we develop models to incorporate dynamic origin-destination pricing, congestion-responsive deployment, and battery health management into centralized EV sharing systems. First, we consider the dynamic pricing and dispatching of EVs given stochastic, time-varying, and heterogeneous customer demand. The EV operator monitors the fleet distribution and the demand signals to make real-time decisions. We adopt approximate dynamic programming (ADP) methods to solve the system. In particular, we develop neural network value function approximation (VFA) techniques that improve the policy performance. Our case study suggests that, with the demand-responsive pricing instrument, the EV fleet can effectively increase its expected profit, reduce the need for manual rebalancing, and smoothen the electricity usage across time. Next, we further investigate the interaction between the EV fleet and the congested transportation network. We extend the preliminary work to build a spatiotemporal network where the fleet operation and traffic states are captured by an approximated fluid model. The ADP algorithm maintains its effectiveness. We further design VFA methods to meet the learning need in the augmented state space. Numerical results demonstrate the benefit of dispatching vehicles using congestion-aware strategies. Finally, we consider the battery health management problem in an EV sharing fleet. We propose a continuous model to address the joint vehicle charging and moving problems for a large-scale EV sharing system. Under reasonable assumptions, the formulation is reduced to the continuous Kantorovich-Rubinstein transshipment and a battery-related optimization. On this basis, we obtain a near-optimal battery charging/replacing policy. Our model supports a shared EV fleet's decisions on charging device installation, vehicle relocation, and battery charging/replacing.

Large-scale Electric Vehicle Sharing Fleet Management

Author : Yuguang Wu
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Large-scale Electric Vehicle Sharing Fleet Management by : Yuguang Wu

Download or read book Large-scale Electric Vehicle Sharing Fleet Management written by Yuguang Wu and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electric vehicle (EV) sharing services have received growing attention from investors and city dwellers in the decade. However, due to high operating costs and the increasing competition, profitability has become the bottleneck for many EV sharing service providers to succeed in the long run. My dissertation research focuses on developing mathematical models to design finer operational strategies for large-scale EV sharing fleets, especially in the stochastic and unbalanced transportation background. The basic blueprint is to upgrade EV fleet management from myopic strategies to location-based, energy-based, and environment-responsive policies. Specifically, we develop models to incorporate dynamic origin-destination pricing, congestion-responsive deployment, and battery health management into centralized EV sharing systems. First, we consider the dynamic pricing and dispatching of EVs given stochastic, time-varying, and heterogeneous customer demand. The EV operator monitors the fleet distribution and the demand signals to make real-time decisions. We adopt approximate dynamic programming (ADP) methods to solve the system. In particular, we develop neural network value function approximation (VFA) techniques that improve the policy performance. Our case study suggests that, with the demand-responsive pricing instrument, the EV fleet can effectively increase its expected profit, reduce the need for manual rebalancing, and smoothen the electricity usage across time. Next, we further investigate the interaction between the EV fleet and the congested transportation network. We extend the preliminary work to build a spatiotemporal network where the fleet operation and traffic states are captured by an approximated fluid model. The ADP algorithm maintains its effectiveness. We further design VFA methods to meet the learning need in the augmented state space. Numerical results demonstrate the benefit of dispatching vehicles using congestion-aware strategies. Finally, we consider the battery health management problem in an EV sharing fleet. We propose a continuous model to address the joint vehicle charging and moving problems for a large-scale EV sharing system. Under reasonable assumptions, the formulation is reduced to the continuous Kantorovich-Rubinstein transshipment and a battery-related optimization. On this basis, we obtain a near-optimal battery charging/replacing policy. Our model supports a shared EV fleet's decisions on charging device installation, vehicle relocation, and battery charging/replacing.

Road Vehicle Automation 3

Author : Gereon Meyer
Publisher : Springer
ISBN 13 : 3319405039
Total Pages : 292 pages
Book Rating : 4.3/5 (194 download)

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Book Synopsis Road Vehicle Automation 3 by : Gereon Meyer

Download or read book Road Vehicle Automation 3 written by Gereon Meyer and published by Springer. This book was released on 2016-07-01 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited book comprises papers about the impacts, benefits and challenges of connected and automated cars. It is the third volume of the LNMOB series dealing with Road Vehicle Automation. The book comprises contributions from researchers, industry practitioners and policy makers, covering perspectives from the U.S., Europe and Japan. It is based on the Automated Vehicles Symposium 2015 which was jointly organized by the Association of Unmanned Vehicle Systems International (AUVSI) and the Transportation Research Board (TRB) in Ann Arbor, Michigan, in July 2015. The topical spectrum includes, but is not limited to, public sector activities, human factors, ethical and business aspects, energy and technological perspectives, vehicle systems and transportation infrastructure. This book is an indispensable source of information for academic researchers, industrial engineers and policy makers interested in the topic of road vehicle automation.

Small Electric Vehicles

Author : Amelie Ewert
Publisher : Springer Nature
ISBN 13 : 3030658430
Total Pages : 193 pages
Book Rating : 4.0/5 (36 download)

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Book Synopsis Small Electric Vehicles by : Amelie Ewert

Download or read book Small Electric Vehicles written by Amelie Ewert and published by Springer Nature. This book was released on 2021 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited open access book gives a comprehensive overview of small and lightweight electric three- and four-wheel vehicles with an international scope. The present status of small electric vehicle (SEV) technologies, the market situation and main hindering factors for market success as well as options to attain a higher market share including new mobility concepts are highlighted. An increased usage of SEVs can have different impacts which are highlighted in the book in regard to sustainable transport, congestion, electric grid and transport-related potentials. To underline the effects these vehicles can have in urban areas or rural areas, several case studies are presented covering outcomes of pilot projects and studies in Europe. A study of the operation and usage in the Global South extends the scope to a global scale. Furthermore, several concept studies and vehicle concepts on the market give a more detailed overview and show the deployment in different applications.

Environmental and Economic Analysis of Electric Vehicles in Service Fleet Operation--U.S. Postal Service-Cupertino

Author : Ronald O. Jang
Publisher :
ISBN 13 :
Total Pages : 198 pages
Book Rating : 4.:/5 (174 download)

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Book Synopsis Environmental and Economic Analysis of Electric Vehicles in Service Fleet Operation--U.S. Postal Service-Cupertino by : Ronald O. Jang

Download or read book Environmental and Economic Analysis of Electric Vehicles in Service Fleet Operation--U.S. Postal Service-Cupertino written by Ronald O. Jang and published by . This book was released on 1987 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: