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Full-Text Articles in Engineering
Financial Analysis And Comparison Of Compact Electric And Gasoline Cars, Jing Jiang, Alexander Blank, Felix Maier, Anjan Bharthepudi
Financial Analysis And Comparison Of Compact Electric And Gasoline Cars, Jing Jiang, Alexander Blank, Felix Maier, Anjan Bharthepudi
Engineering and Technology Management Faculty Publications and Presentations
In the paper, a PESTLE (political, economic, social, technical, legal, and environmental) analysis is used to conduct an initial evaluation for electric vehicles (EV) and gasoline cars. Furthermore, two cash flow models are created to describe the scenarios of both gasoline and electric car respectively. Based upon the proposed models, the equivalent uniform annual cost (EUAC) methodology is used to calculate the cost during the period of car ownership. Four compact EVs and five compact gasoline cars are selected in the analysis. The results expose that the actual return of federal tax credit impacts the EUAC value. The 50% return …
Comparing Technological Advancement Of Hybrid Electric Vehicles (Hev) In Different Market Segments, Dong-Joon Lim, Shabnam Razeghian Jahromi, Timothy R. Anderson, Anca-Alexandra Tudori
Comparing Technological Advancement Of Hybrid Electric Vehicles (Hev) In Different Market Segments, Dong-Joon Lim, Shabnam Razeghian Jahromi, Timothy R. Anderson, Anca-Alexandra Tudori
Engineering and Technology Management Faculty Publications and Presentations
The Toyota Prius was first introduced in 1997 and since then over 150 hybrid electric vehicles (HEVs) have been brought to the automobile market around the world. This was spurred by a major interest in the future of vehicles using ‘alternative fuel’ for addressing environmental and fuel dependency concerns. Based upon previous work1, which identified an input-output model that could successfully explain the progress of HEV technologies, this study evaluates and compares the technological advancement observed in different HEV market segments over the past 15 years. The results indicate that the introduction of a wide range of midsize HEVs is …