Life cycle cost from consumer side: A comparison between traditional and ecological vehicles

Author

Cicconi, P. ; Germani, Michele ; Landi, D. ; Mengarelli, Marco

Author_Institution

Dept. of Ind. Eng. & Math. Sci., Univ. Politec. delle Marche, Ancona, Italy

fYear

2014

fDate

13-16 May 2014

Firstpage

1440

Lastpage

1445

Abstract

The present work investigates the economic feasibility of ecological vehicles. The comparison has been developed between traditional vehicles, gasoline and diesel fueled, and green vehicles powered by electric, hybrid or natural gas motors. Nowadays, the vehicle life cycle cost is an important decision criterion used by consumer to buy a car, due to fuel price increasing. Life cycle cost includes purchase cost, operation cost, but also social cost lead to environmental impact regarding production, use and end-of-life phases. The proposed research focuses life cycle cost from consumer side in order to evaluate the economic feasibility, using ecological solutions for transportation in EU. Different use scenarios are proposed, considering different vehicle sizes and mileages, without considering taxes and any governance incentives.

Keywords

electric motors; hybrid electric vehicles; life cycle costing; transportation; consumer side; diesel fueled vehicles; ecological vehicles; economic feasibility; electric motors; environmental impact; fuel price increasing; gasoline fueled vehicles; green vehicles; hybrid motors; life cycle cost; natural gas motors; operation cost; purchase cost; social cost; traditional vehicles; transportation; Batteries; Europe; Hybrid electric vehicles; Natural gas; Petroleum; EV; HEV; ecological vehicles; life cycle cost; natural gas vehicles;

fLanguage

English

Publisher

ieee

Conference_Titel

Energy Conference (ENERGYCON), 2014 IEEE International

Conference_Location

Cavtat

Type

conf

DOI

10.1109/ENERGYCON.2014.6850612

Filename

6850612