Road transportation in India is the primary mode of transportation in terms of traffic share and economic contribution, but it is also the third-largest source of CO2 emissions. India is working towards net-zero emissions by 2070 and has been focusing on commercial electric vehicles (EVs) to achieve this goal. The increasing popularity of EVs has significantly impacted the 2-wheeled, 3-wheeled, and 4-wheeled vehicle segments. However, commercial vehicles such as buses and trucks have yet to reach targeted levels and are still in the early stages of the market. This work presents a cost-benefit study to analyze the commercial aspects of medium-to-heavy-duty (MHD) EVs based on market strategy, sales, and provision. A simulation-based analysis is performed using real and assumed data sets to estimate the commercial implications of a large-scale transportation sector for India. A Total Cost of Ownership (TCO) comparative study of 9/12 meter (m) e-bus segments is conducted against diesel and compressed natural gas (CNG) counterparts, to estimate the operational schedule and breakeven point (BEP) for fleet operation. The study also covers the pay-for-usage/lease model as a potential driver of e-bus market sales. Factors such as daily distance travelled, upfront cost, occupancy, and fares per km significantly affect TCO and BEP, and the study presents decision-makers with a range of outcomes through sensitivity analysis.
A commercial analysis for sustainable public transit procurement approach in India’s buses electrification drive
19.06.2024
2096604 byte
Aufsatz (Konferenz)
Elektronische Ressource
Englisch
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