Proceedings of the 2023 4th International Conference on Management Science and Engineering Management (ICMSEM 2023)

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Economic Analysis of Battery Electric Vehicle Fast Charging Mode and Battery Swapping Mode in China

Authors
Huanhuan Ren1, Lina Xia1, *, Puchao Li1
1China Automotive Technology and Research Center Co., Ltd, Tianjin, China
*Corresponding author. Email: xialinan@catarc.ac.cn
Corresponding Author
Lina Xia
Available Online 9 October 2023.
DOI
10.2991/978-94-6463-256-9_125How to use a DOI?
Keywords
Total Cost of Ownership; fast charging; battery swapping; economic analysis
Abstract

In China, energy-supplying industry has shown a trend of “charging as the mainstay, supplemented by battery swapping”. In this paper, we study and construct the Total Cost of Ownership (TCO) model including capital cost, power battery rental cost, electricity cost, time cost, and maintenance cost. Taking the TCO model as a carrier, we quantitatively analyze the economics of fast charging mode and battery swapping mode in two application scenarios of taxis and private cars, study the impact of the battery swapping unit price on the economics of different modes for taxis and private cars, and discuss the critical price of the battery swapping unit price that is economical for battery swapping mode in different scenarios. We find that, compared with the fast charging mode, the battery swapping mode is more economical and has greater advantages for the taxis.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2023 4th International Conference on Management Science and Engineering Management (ICMSEM 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
9 October 2023
ISBN
10.2991/978-94-6463-256-9_125
ISSN
2352-5428
DOI
10.2991/978-94-6463-256-9_125How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Huanhuan Ren
AU  - Lina Xia
AU  - Puchao Li
PY  - 2023
DA  - 2023/10/09
TI  - Economic Analysis of Battery Electric Vehicle Fast Charging Mode and Battery Swapping Mode in China
BT  - Proceedings of the 2023 4th International Conference on Management Science and Engineering Management (ICMSEM 2023)
PB  - Atlantis Press
SP  - 1226
EP  - 1235
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-256-9_125
DO  - 10.2991/978-94-6463-256-9_125
ID  - Ren2023
ER  -