A provincial cost analysis of electric vehicle operation in China
Bo Li1,2, Mingxia Yang1, Gang He3,4,5
1School of Electrical Engineering, Guangxi University, Nanning 530004, China.
Abstract:
The transition to all-electric driving is essential for achieving carbon reduction goals in China's transportation sector, which is significantly influenced by economic costs and emission reduction benefits. In this study, a comprehensive provincial assessment method is developed to quantify the levelized cost of operation (LCOO) for four electric vehicle (EV) types in China, revealing a complex interaction between geographical, economic, and technological factors. We find that the LCOO of EVs ranges from $1.36/100 km for private light-duty vehicles in the northwest region to $26.09/100 km for heavy-duty trucks in the northeast region. The results emphasize the significant disparities in the LCOO of EVs across vehicle types and regions while underscoring the relative importance of various cost components. With the widespread electrification of transportation, there is an urgent requirement for a comprehensive model to disaggregate and estimate the LCOO considering multiple factors, and formulate targeted strategies for expediting EV regional development.
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