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World Electric Vehicle Journal is published by MDPI from Volume 9 issue 1 (2018). Previous articles were published by The World Electric Vehicle Association (WEVA) and its member the European Association for e-Mobility (AVERE), the Electric Drive Transportation Association (EDTA), and the Electric Vehicle Association of Asia Pacific (EVAAP). They are hosted by MDPI on mdpi.com as a courtesy and upon agreement with AVERE.
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Article

Cost analysis of Plug-in Hybrid Electric Vehicles including Maintenance & Repair Costs and Resale Values

by
Bernd Propfe
*,
Martin Redelbach
,
Danilo J. Santini
and
Horst Friedrich
Institute of Vehicle Concepts, German Aerospace Center (DLR) 2 Argonne National Laboratory, Transportation Technology R&D Center
*
Author to whom correspondence should be addressed.
World Electr. Veh. J. 2012, 5(4), 886-895; https://doi.org/10.3390/wevj5040886
Published: 28 December 2012

Abstract

This paper analyses the cost competitiveness of different electrified propulsion technologies for the German auto market in 2020. Several types of hybrid electric vehicles including parallel hybrids (with and without external charging) and a serial range extended electric vehicle are compared to a conventional car with SI engine, a full battery electric vehicle and a hydrogen powered fuel cell vehicle. Special focus lies on the maintenance and repair cost and the expected resale value of alternative vehicles, which have been integrated within one extensive total cost of ownership model. The assessment shows that the current TCO gaps for alternative drivetrains will decrease significantly by 2020 mainly driven by the reduction in production cost. Furthermore hybrid electric vehicles will profit from lower maintenance and repair cost and a higher expected resale value compared to conventional cars. Therefore, hybrid electric vehicles will be an attractive option in particular for users with high annual mileages, who can benefit from the low operating cost of EVs in combination with unlimited driving range. The analysis concludes that there will not be one dominant powertrain design in the midterm future. Hence, automakers have to manage a wide portfolio of competing drivetrain architectures, which will increase the risk and complexity of strategic decisions.
Keywords: Total cost of ownership; maintenance and repair cost; resale value; hybrid electric vehicle Total cost of ownership; maintenance and repair cost; resale value; hybrid electric vehicle

Share and Cite

MDPI and ACS Style

Propfe, B.; Redelbach, M.; Santini, D.J.; Friedrich, H. Cost analysis of Plug-in Hybrid Electric Vehicles including Maintenance & Repair Costs and Resale Values. World Electr. Veh. J. 2012, 5, 886-895. https://doi.org/10.3390/wevj5040886

AMA Style

Propfe B, Redelbach M, Santini DJ, Friedrich H. Cost analysis of Plug-in Hybrid Electric Vehicles including Maintenance & Repair Costs and Resale Values. World Electric Vehicle Journal. 2012; 5(4):886-895. https://doi.org/10.3390/wevj5040886

Chicago/Turabian Style

Propfe, Bernd, Martin Redelbach, Danilo J. Santini, and Horst Friedrich. 2012. "Cost analysis of Plug-in Hybrid Electric Vehicles including Maintenance & Repair Costs and Resale Values" World Electric Vehicle Journal 5, no. 4: 886-895. https://doi.org/10.3390/wevj5040886

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