Cost-Effective Analysis for Electric Vehicle (EV) Bus Procurement

Verma, A and Ramanayya, TV and Trivedi, H and Khan, M (2022) Cost-Effective Analysis for Electric Vehicle (EV) Bus Procurement. In: 5th International Conference of Transportation Research Group of India, CTRG 2019, 18 - 21 December 2019, Bhopal, pp. 99-112.

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Abstract

To minimize greenhouse gas emissions and fossil fuel consumption, the Government of India has launched schemes to promote the electric mobility through providing financial assistance for procurement of electric vehicles. Various “State Transport Undertakings (STUs)” have initiated the procurement process for EV Buses and to avail the incentives through Gross Cost Contract (GCC) Model or Outright Purchase Model. The choice of the appropriate model is dependent on many factors such as operational and financial capacity of the STU, competency of the private collaborator, public transport profile of the city, expected revenue, and estimated per kilometer cost of the transportation. This paper has attempted to propose a decision support framework for STUs which can be used to discern the sensitivity of overall cost with various components by assuming different scenarios to exhibit their influence on aggregate cost of operations and procurement of EV buses.

Item Type:	Conference Paper
Publication:	Lecture Notes in Civil Engineering
Publisher:	Springer Science and Business Media Deutschland GmbH
Additional Information:	The copyright for this article belongs to the Springer Science and Business Media Deutschland GmbH.
Keywords:	Buses; Cost effectiveness; Costs; Decision support systems; Electric vehicles; Fossil fuels; Gas emissions; Greenhouse gases; Project management, Cost analysis; Cost-benefits analysis; Cost-effective analysis; Electric mobility; Fossil fuel consumption; Government of India; Gross cost contract model; Minimize greenhouse gas emissions; Outright purchase model; Project evaluation, Cost benefit analysis
Department/Centre:	Division of Mechanical Sciences > Civil Engineering
Date Deposited:	05 Jul 2022 12:07
Last Modified:	07 Jul 2022 05:13
URI:	https://eprints.iisc.ac.in/id/eprint/74223

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