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Evaluation of cost competitiveness of electric vehicles in Malaysia using life cycle cost analysis approach

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dc.citedby7
dc.contributor.authorMustapa S.I.en_US
dc.contributor.authorAyodele B.V.en_US
dc.contributor.authorIshak W.M.en_US
dc.contributor.authorAyodele F.O.en_US
dc.contributor.authorid36651549700en_US
dc.contributor.authorid56862160400en_US
dc.contributor.authorid57195987519en_US
dc.contributor.authorid57200615209en_US
dc.date.accessioned2023-05-29T08:08:59Z
dc.date.available2023-05-29T08:08:59Z
dc.date.issued2020
dc.descriptioncarbon emission; competitiveness; cost analysis; electric vehicle; life cycle analysis; policy making; pollution policy; strategic approach; Malaysiaen_US
dc.description.abstractThe need to mitigate CO2 emissions from the transportation sector has necessitated the adoption of electric vehicles (EVs) and other forms of alternative vehicles. Despite the global rise of EVs demand as a complementary means of green transportations, the level of adoption in Malaysia is still not encouraging. Therefore, this study aimed to investigate the cost competitiveness of EVs in comparison with Hybrid Electric Vehicles (HEVs) and an Internal Combustion Vehicle (ICV) based on Malaysia scenarios. Using the existing data in Malaysia, life cost analysis (LCC) of two EVs was computed and compared with HEVs and ICVs. The study shows that Nissan leaf and BMW i3s EVs with LCC of $1.75 and $2.5 per km are not cost-competitive based on prevalent data available in Malaysia compared to the HEVs and ICV. Based on the sensitivity analysis, changes in the components of the operating costs significantly influence the accumulated cost of ownership of the EVs whereas the cost of ownership of the HEVs and ICVs did not experience any significant influence. The findings from this study could serve as bases for policymakers to formulate appropriate policies and strategies to improve the competitiveness of EVs in Malaysia. � 2020 by the authors.en_US
dc.description.natureFinalen_US
dc.identifier.ArtNo5303
dc.identifier.doi10.3390/su12135303
dc.identifier.issue13
dc.identifier.scopus2-s2.0-85088261415
dc.identifier.urihttps://www.scopus.com/inward/record.uri?eid=2-s2.0-85088261415&doi=10.3390%2fsu12135303&partnerID=40&md5=88a46904e4dcbb983b5f3374d203f17b
dc.identifier.urihttps://irepository.uniten.edu.my/handle/123456789/25401
dc.identifier.volume12
dc.publisherMDPIen_US
dc.relation.ispartofAll Open Access, Gold, Green
dc.sourceScopus
dc.sourcetitleSustainability (Switzerland)
dc.titleEvaluation of cost competitiveness of electric vehicles in Malaysia using life cycle cost analysis approachen_US
dc.typeArticleen_US
dspace.entity.typePublication
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