This Statistical article underlines the economics for the sustenance of an Electric Vehicle ecosystem and battery swap station using the deductive method of economic analysis. The maximum range of an Electric Vehicle is limited and charging the battery requires a considerable time thus swapping of battery stands to be a viable option. Ii-ion batteries have limited life span hence the cost of repurchase of battery will raise the operating cost of Electric vehicle. By removing the purchase of new battery from the equation after the end of its life cycle, the cost of ownership will decrease and the sales of Electric Vehicles can be significantly raised thus making a bankable model from dealer’s point of view. Therefore a sound swapping ECO-SYSTEM is inevitable for the sustenance of the Electric vehicles. The Government of India is encouraging development of infrastructure for Electric vehicles, increasing stakes for a much feasible system is proposed further in the paper.
Economic Analysis of Battery Swap Station for Electric Three Wheeled Vehicle
Lect.Notes Mechanical Engineering
2020-09-25
10 pages
Article/Chapter (Book)
Electronic Resource
English
Electric three wheeled vehicle , Battery swap station , Swapping outlet , Deductive method of economic analysis , Local hotspot , Encrypted batteries , Swapping eco system , Travelling pattern Engineering , Manufacturing, Machines, Tools, Processes , Robotics and Automation , Computer-Aided Engineering (CAD, CAE) and Design , Engineering Thermodynamics, Heat and Mass Transfer , Engineering Fluid Dynamics , Ceramics, Glass, Composites, Natural Materials
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