Post 2025, a BEV with 300 Mile Range will Cost Lower than a Regular ICE to Own and Operate
12-Sep-2017
North America
Market Research
K179-01-00-00-00
AU01535-NA-MR_20706
With dynamic automotive landscape and various powertrains in the mix, it is necessary for customers and other business in the ecosystem to align their strategy with the cost of ownership of the vehicle. The study is a dynamic model which can calculate TCO (Total cost of ownership) of a vehicle over the time frame of 2016 to 2040. Data for 5 countries (US, UK, Norway, Netherlands, France and Germany) has been analyzed and forecasted including cost of the powertrains, cost the car, insurance & taxes, battery cost per KWh, operational cost (maintenance and fuel expenses), depreciation on the car, incentives and rebates for different vehicle segments till 2040 has been calculated and included in the model. Users can manual set the parameters to calculate the ROI on various powertrains within a given time frame. This tool can be utilized to understand the various costs involved in owing an ICE vs. HEV vs. PHEV vs. BEV vs. FCEV of two different fuel type Gasoline/Diesel for either an individual use or to be used in fleets.
The model was developed with a simple user interface with varying parameters covering a wide spectrum of possibilities to understand the cost involved in owning and running a car. Kindly refer to the assumptions and usage guide before accessing the tool.
Objective
Scope
Product Segmentation
Vehicle Segmentation
Definitions & Abbreviations
Model Assumptions and Input Data Description
Guideline to Use the Model
ICE
HEV
PHEV
BEV
FCEV
Year of Purchase
Fuel Type
Country
Segment
Include Rebates in Calculation
Charger Type
Vehicle Electric Range
Down Payment (as percent of car cost)
Interest Rate
Free public parking for EVs
Ownership horizon (years)
Loan Term (months)
Annual mileage (miles)
Acquisition Costs
Annual Fixed costs
Depreciation
Operational Cost
TCO Comparison (over analyzed period)
TCO Break-up Over the Analysed Time Period
TCO Percentage Break-up Over 3 Years
TCO Comparison 2016vs2016
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| Deliverable Type | Market Research |
|---|---|
| No Index | No |
| Podcast | No |
| Table of Contents | | Research Objective & Scope~ || Objective~ || Scope~ || Product Segmentation~ || Vehicle Segmentation~ | Guidelines and Assumption~ || Definitions & Abbreviations~ || Model Assumptions and Input Data Description~ || Guideline to Use the Model~ | Model~ || ICE~ || HEV~ || PHEV~ || BEV~ || FCEV~ || Year of Purchase~ || Fuel Type~ || Country~ || Segment~ || Include Rebates in Calculation~ || Charger Type~ || Vehicle Electric Range~ || Down Payment (as percent of car cost)~ || Interest Rate~ || Free public parking for EVs~ || Ownership horizon (years)~ || Loan Term (months)~ || Annual mileage (miles)~ || Acquisition Costs~ ||| Vehicle Acquisition Cost~ ||| Charging Station Purchase Cost~ ||| Charging Station Installation Cost~ ||| Total Acquisition Costs~ || Annual Fixed costs~ || Depreciation~ || Operational Cost~ ||| Fuel and Maintenance Cost~ ||| Battery Replacement Cost~ ||| Total Operational Cost~ || TCO Comparison (over analyzed period)~ | Graphic Info~ || TCO Break-up Over the Analysed Time Period~ || TCO Percentage Break-up Over 3 Years~ || TCO Comparison 2016vs2016~ | Key Analysis~ | Growth Opportunity~ | Legal Disclaimer~ |
| Author | Pooja Bethi |
| Industries | Automotive |
| WIP Number | K179-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9800-A6,9807-A6,9813-A6,9882-A6,9AF6-A6 |
Comparative Benchmarking of Total Cost of Ownership (TCO) of ICE and Electrified Powertrains
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