Study on the relationship between EV cost and performance

Abstract

This paper aims at studying the relationship between Electric Vehicle and its performance in the perspective of technology and economy. First, GT software is used to simulate vehicle performance. Second, cost is analyzed by technology condition and price, and then the relationship between performance and cost is discussed. Performance and cost are mutually affected by battery energy. In the aspect of performance, Vehicle performance increases initially and then decreases with increase of battery energy and there is a turning point. With respect to cost analysis, cost keeps increasing with cumulating of battery energy. Namely, cost is positively proportional to battery energy. There are two intersection points between performance and cost. In designing vehicles, the location of performance and cost properties should be restricted inside the region formed by those two intersection points as much as possible. © 2013 Springer-Verlag.