Life Cycle Costing of Electric Vehicles from a User Perspective

This article addresses the question whether a purely monetary-oriented user will decide to buy an entirely electrically powered vehicle today. For a vehicle that is available with petrol, diesel and electric drive, a life cycle cost analysis is performed. For this purpose, all cash inflows and outflows over the entire life cycle are covered, placed in a framework and finally the present value is determined to evaluate the alternatives. Making reasonable estimates special input parameters are varied in order to determine the resulting cost implications.