The transformation of the automotive industry towards electromobility is a key step in achieving a sustainable transportation system. To analyze the economic feasibility of electric vehicles (EVs) compared to internal combustion engine vehicles (ICEs), this study assessed the operating costs of both types of vehicles, including fueling and charging costs on a selected theoretical route. The analysis of economic aspects also examined the development of fueling and charging infrastructure and the impact of government programs promoting electromobility. The study employs a comparative analysis of ICE and EV based on fuel and electricity prices, insurance costs, and servicing expenses. The results of the analysis indicate that adopting EVs can lead to significant economic benefits, especially when coupled with government incentives and well-developed charging infrastructure. The network of charging stations and fuel infrastructure serves as an indicator of the market conditions for vehicles equipped with either internal combustion engines or electric powertrains, and forecasts help anticipate their future directions. The decreased pace of new petrol stations being established may indicate a weakening market for internal combustion engine vehicles compared to previous periods. This study highlights the economic aspects of electromobility strategies aimed at accelerating the transition towards a sustainable transportation system.
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Formula Student class electric vehicle energy storage - study and design assumptions
Piotr Hemlecki, Paweł Fabiś
Combustion Engines
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