Financial Analysis of Battery Electric Transit Buses
place - north america, mode - bus, infrastructure - fleet management, infrastructure - maintainance, infrastructure - vehicle, economics - capital costs, economics - operating costs, technology - alternative fuels
battery electric bus (BEB), fleet, cost-effectiveness
Transit buses are well positioned to be the next heavy-duty vehicle market segment to significantly electrify. However, most fleet managers will only purchase battery electric buses (BEBs) if they are cost-effective when compared to traditional diesel buses over their lifetime. In this report, this comparison is done through the Vehicle and Infrastructure Cash-Flow Evaluation for BEB (VICE-BEB) model. This model determines the net present value (NPV) and the payback period for investment in BEBs and charging infrastructure.
Permission to link to this report has been given by National Renewable Energy Laboratory, copyright remains with them. This report is available at no cost from the National Renewable Energy Laboratory (NREL) at www.nrel.gov/publications.
Johnson, C., Nobler, E., Eudy, L., & Jeffers, M. (2020). Financial Analysis of Battery Electric Transit Buses. Golden, CO: National Renewable Energy Laboratory, Report NREL/TP-5400-74832, pp. 45.