A Study on the Conversion to Electric Vehicle (EV) Usage for the Expressway Authority of Thailand's pool vehicles

Abstract

The Expressway Authority of Thailand (EXAT) currently operates 69 passenger cars as pool vehicles. These vehicles travel an average of 75 kilometers per day. EXAT is promoting a concept increasing the use of alternative energy in Thailand, reducing air pollution from vehicle exhaust, and optimizing the use of pool vehicles. A financial feasibility study was conducted to evaluate the transition from fuel-powered vehicles to electric vehicles (EV). The study analyzed the cost-effectiveness of purchasing a traditional fuel-powered vehicle (Based case) versus purchasing or leasing an EV. The study also considered variables related to operating costs such as the cost of installing charging stations and scenarios where the number of vehicles may need to be reduced. The results of the analysis showed that the travel distance of pool vehicles and the cost of installing charging stations are important factors affecting the conversion of traditional pool vehicles to EV.