Abstract

The construction of electric vehicle charging station plays an important role in the development of electric vehicles and the promotion of the renewable resource. In the paper, a model to analyze the economic benefit of the charging station is presented, which is based on the break-even theory. Then the threshold price is calculated based on the model according to the construction plans of charging facilities in one district. Finally, the strategy for the development of charging faculties is proposed to improve the health growth of electric automotive industry.

Highlights

  • With the global climate issues and the development of renewable energy, a new round of global energy revolution of clean energy and smart grid is rising

  • A model to analyze the economic benefit of the charging station is presented, which is based on the break-even theory

  • Break-even analysis is a technique for which identifying the point where the total revenue is just sufficient to cover the total cost

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Summary

Introduction

With the global climate issues and the development of renewable energy, a new round of global energy revolution of clean energy and smart grid is rising. Electric vehicle (EV) is a promising way to reduce the energy consume and carbon emission. It can alleviate the fundamental dependence on oil and the pressure on energy conservation. The world automotive industry is actively engaged in the developing and promoting process of electric vehicles. In China, Beijing, Shanghai, Zhejiang, Shandong and other provinces have made many strategies to promote the construction of charging stations. The State Grid Corporation of China (SGCC) plans to build inter-city smart charging networks for electric vehicles power service in the area of around Bohai bay and Yangtze River Delta. In China, the construction of charging station is still in its pilot stage. Our major tasks should focus on the exploring a road of sustainable development through charging station layout planning, pilot construction, commercial operations, profit model analysis, etc

Break-even Theory
The Break-even Model of Charging Station
Break-even Analysis of Charging and Battery-swapped Station
Findings
Conclusions
Full Text
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