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Perspectives of electric mobility: Total cost of ownership of electric vehicles in Germany

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  • Bubeck, Steffen
  • Tomaschek, Jan
  • Fahl, Ulrich

Abstract

The transport sector is a major source of greenhouse gas emissions worldwide as well as in Germany and is therefore able to contribute significantly to the achievement of climate protection goals. With this in mind and the steadily increasing electricity generation from renewable energy sources in Germany, electrically driven vehicles can be an attractive option to reach the climate targets of the EU and the German government. The target of the German government to have at least one million electric vehicles registered by 2020 seems currently far from realisation. For this reason, this article analyses the total cost of ownership (TCO) of electric passenger vehicles in Germany on a component-based approach and gives an estimation about the further development until 2050. To represent the German market, we investigate different vehicle sizes, user types and drive technologies. Furthermore, we show the CO2 abatement potential offered by different types of electric vehicles. Finally, we analyse buyer's premiums as an incentive to accelerate the uptake of electric vehicles on German roads.

Suggested Citation

  • Bubeck, Steffen & Tomaschek, Jan & Fahl, Ulrich, 2016. "Perspectives of electric mobility: Total cost of ownership of electric vehicles in Germany," Transport Policy, Elsevier, vol. 50(C), pages 63-77.
    • Handle: RePEc:eee:trapol:v:50:y:2016:i:c:p:63-77
    DOI: 10.1016/j.tranpol.2016.05.012
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    References listed on IDEAS

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