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The Costs-Benefits Analysis of Electric and Hybrid Vehicles
MVM06/MVM20060008-Paper

Authors

Zoran Marjanovic - Zastava Automobiles-Institute of Automobiles
Radomir Brzakovic - Zastava Automobiles-Information Systems

Abstract

Abstract

This paper presents a cost-benefit analysis of different introduction strategies, as well as different elements thereof, for different kinds of electric vehicles, including hybrid vehicles. A cost-benefit analysis is a tool for comparing effects, positive and negative, of different activities or projects. A cost-benefit analysis is undertaken for increasing the number of various kinds of electric vehicles in the Serbian transport sector. It is found that, although the local and regional environmental costs will decrease, this is generally not socially profitable for purely (battery) electric passenger cars. We also found that hybrid cars which are not grid-chargeable, i.e. that have a relatively small battery pack, appears to be much more promising, due to their high fuel efficiency and modest additional production cost. We also analyse city-based hybrid delivery trucks and hybrid bus, which seem to have an even larger potential profitable.

Keywords: cost-benefit analysis, electric vehicles, hybrid vehicles, hybrid trucks

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