The financial impacts of the electronic bus transition

Abstract

This article delves into the financial impact of five factors, including the procurement cost of electric bus (e-bus), charging equipment, installation cost of charging equipment, maintenance cost of e-bus, electricity cost, and electricity cost, on the transformation of e-bus. A linear programming model for the transformation cost of e-commerce is established. Research has found that although the initial purchase cost of an e-bus is higher than that of traditional diesel buses, their operating and maintenance costs are lower and more economically competitive in the long run. Meanwhile, introducing external funds such as government subsidies can further reduce transformation costs and accelerate the popularization of e-bus in urban transportation systems. In addition, reasonable planning and layout of charging facilities can effectively reduce costs while improving the efficiency of charging facilities. Overall, this article reveals the key factors and optimization strategies in the process of electronic bus transformation through in-depth research on the cost model of electronic bus transformation. The research results have important theoretical and practical guidance for promoting the green transformation of urban public transportation systems worldwide.