Methodology for assessing electric vehicle charging infrastructure business models
By Carlos Madina, Inmaculada Zamora, Eduardo Zabala. 2016
240 citations recorded by the source corpus.
The analysis of economic implications of innovative business models in networked environments, as electro-mobility is, requires a global approach to ensure that all the involved actors obtain a benefit. Although electric vehicles (EVs) provide benefits for the society as a whole, there are a number of hurdles for their widespread adoption, mainly the high investment cost for the EV and for the infrastructure. Therefore, a sound business model must be built up for charging service operators, which allows them to recover their costs while, at the same time, offer EV users a charging price which makes electro-mobility comparable to internal combustion engine vehicles. For that purpose, three scenarios are defined, which present different EV charging alternatives, in terms of charging power and charging station ownership and accessibility. A case study is presented for each scenario and the required charging station usage to have a profitable business model is calculated. We demonstrate that private home charging is likely to be the preferred option for EV users who can charge at home, as it offers a lower total cost of ownership under certain conditions, even today. On the contrary, finding a profitable business case for fast charging requires more intensive infrastructure usage.
Subfields: Automotive Engineering, Electrical and Electronic Engineering
View Paper: https://www.semanticscholar.org/paper/f1545a93a7ec397646c18e7283b2d7d938857213
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In Automotive Engineering
In Electrical and Electronic Engineering
Citations in the corpus
- Policy effects on charging behaviour of electric vehicle owners and on purchase intentions of prospective owners: Natural and stated choice experiments (2018, background): “WTP for sharing a charging station with one EV less is €2248-€2557 which is somewhat above the price of installing a private charging station of +/- €1500 (Madina et al., 2016).”
- Optimal electric vehicle production strategy under subsidy and battery recycling (2017, background): “Although EV is beneficial to the environment compared with the internal combustion engine power vehicle (ICEV), the prohibitive cost of batteries, scare number of charging stations, and the EV's limited range have impeded EV development (Daziano and Chiew, 2012; Madina et al., 2016).”
- Electric vehicles revisited: a review of factors that affect adoption (2017, background): “Similarly, Schroeder and Traber (2012), Flores, Shaffer, and Brouwer (2016), and Madina, Zamora, and Zabala (2016) found that fast chargers are not profitable at low EV adoption and trip rates, particularly when people favour home charging.”
- The rise of electric vehicles—2020 status and future expectations (2021, unknown): “Nevertheless, it is likely that DCFCs will be profitable with sufficient demand. Considering vehicle ranges of between 100 km and 300 km and charging-power levels of between 50 kW and 150 kW, Gnann et al (2018) conclude that charger-usage fees could be between 0.”