Abstract
In New Zealand, the average age of a light vehicle in 2018 was 14.09 years. Despite having an old light vehicle fleet, no study has been conducted so far to calculate the per-kilometre cost of ownership (PCO) for old used cars. Therefore, this study attempts to identify the PCO of a new and a used light duty EV and light duty petrol-powered car over a 12-year period. The emissions reduction potential of EVs is also investigated. Findings are that the PCO for a used EV is the lowest (25.5 NZ cents) followed by the PCO for a used petrol-powered car (31.5 NZ cents). Most importantly, replacing a light petrol-powered ICEV by a light EV can reduce GHG emissions at the user level by 90% if New Zealand could maintain its low emission grid electricity. The findings have policy implications for countries that are considering rapid emissions reduction through EVs.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: Transportation Research Part D: Transport and Environment
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
