Urban electric vehicles: a contemporary business case

Abstract

In a world where energy supply security and environmental protection are major concerns, the development of green vehicles is becoming a necessity. The Electric vehicle (EV) is one of the most promising technologies that will make the “green dream” come true. This paper is a contemporary business case that encourages the immediate deployment of urban EVs. It proposes a model in which we can profit from the benefits of urban EVs namely, high energy efficiency, emissions reduction, small size and noise reduction. The model mitigates the EV potential limitations such as energy source, charging infrastructure, impact on electrical power system and cost issues. It also provides ideas to overcome the barriers of the technology application in order to speed up their commercialization. This study reveals that having an environmentally friendly vehicle can soon become a reality if our collaborative efforts are properly directed.

Keywords

• electric vehicle
• zero emissions vehicle
• energy efficiency
• business case
• alternative vehicle