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Lecture on Electric Vehicles: Cost and Efficiency
Jul 19, 2024
Lecture on Electric Vehicles: Cost and Efficiency
Key Concepts
Cost Considerations for Electric Vehicles (EVs)
Capital Cost vs. Operational Cost
:
Traditional Internal Combustion Engine (ICE) vehicles: Focus on petrol as operational cost.
EVs: Both capital cost (battery) and operational cost (electricity) need to be considered.
Battery Cost and Sizes
Battery Sizes
:
1 kWh: ₹18,000
2 kWh: ₹33,000
3 kWh: ₹45,000
4 kWh: ₹54,000
Usage Efficiency
:
You can only use a fraction (85%) of the battery's capacity to avoid fully charging/discharging.
Effective Capacity: 0.85 kWh for 1 kWh battery, 1.7 kWh for 2 kWh battery, etc.
Range Calculation
Based on Watt-hour per km (Wh/km):
Example: 1 kWh battery with 15 Wh/km -> 56 km range.
As energy efficiency improves (lower Wh/km), range increases for the same battery size.
Example Calculation
:
For 100 km range, 25 Wh/km → ~2.9 kWh battery.
For 100 km range, 15 Wh/km → ~1.8 kWh battery.
Energy Efficiency Improvements
For different vehicles
:
Two-Wheelers: Ranges of 15 to 30 Wh/km.
Auto: Ranges of 40 to 50 Wh/km.
For public vehicles
:
Reduction in Wh/km through better motors, tires (lower rolling resistance), aerodynamics, and weight reduction.
Significant improvements in auto-rickshaws and buses (e.g., buses from 1600 Wh/km to 900 Wh/km).
Swapping Stations vs. Charging Stations
Swapping Stations
:
Advantage: Quick swap (~3-5 minutes) vs. slow or fast charging times.
Ideal for: Three-wheelers, public transport, and commercial vehicles.
Energy operators own and manage batteries (e.g., IOCL/BPCL model in India).
Range Anxiety
Concerns
:
Limited availability of charging stations.
Long charging times.
Solutions
:
Swappable batteries to reduce anxiety.
Smaller batteries for shorter ranges with more frequent swaps or supplementary "range extension batteries" for longer trips.
Potential Business Models
Swappable Battery Model
:
Vehicles sold without batteries, reducing initial cost.
Energy operators own batteries and manage charging/swapping.
Range Extension Batteries
:
Additional swappable battery for occasional long-distance travel.
Conventional Approach
:
Large batteries with slow/fast charge options, dependent on charging infrastructure.
Assignments
Calculate the size of the battery required for a two-wheeler to get an 80 km range with 25 Wh/km efficiency.
Estimate the cost of the battery using linear interpolation from provided data.
Future Topics
Specifications for chargers and batteries.
Setting up charging and swapping stations.
Profitability analysis of charging and battery swapping business models.
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