A Fleet Solution for EV Integrated Public Transport

Afsal Najeeb () and Mohammed Shahid Abdulla ()
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Afsal Najeeb: Indian Institute of Management Kozhikode
Mohammed Shahid Abdulla: Indian Institute of Management Kozhikode

No 386, Working papers from Indian Institute of Management Kozhikode

Abstract: The global automotive industry is on the cusp of major disruptions like electrification, shared mobility, connectivity and autonomous driving. While the need for rapid shift to electric mobility has near-unanimous support, the large and segmented market makes such a transition slow and complicated. The paper proposes an innovative business model which can provide one-touch electric mobility as a service for metro travellers taking them from doorstep to destination. Last mile connectivity would be realised using electric autos (e-autos) with the entire journey integrated through an application or software platform. It presents an enterprise opportunity in ownership and management of the fleet of e autos with the support of respective Metro Rail Authorities (MRA). At the scale of an individual metro station, the model provides an attractive annual ROI (Rate of Return) on investment of 32.10% and an IRR (Internal rate of Return) of 27%, while the values at the scale of the entire network are 31% and 45% respectively

Keywords: Electric vehicle; Automotive industry; EV public transport (search for similar items in EconPapers)
Pages: 3 pages
Date: 2020-07
New Economics Papers: this item is included in nep-ene
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