Greening of Public Transport in Pune – A Feasibility Study

IF 1.6 Q3 BUSINESS, FINANCE Australasian Accounting Business and Finance Journal Pub Date : 2023-01-01 DOI:10.14453/aabfj.v17i1.09
Vasundhara Sen, Akanksha Hajela, G. Suneeth, Sarvesh Saxena, Ayush Deore
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引用次数: 1

Abstract

India's commitment to Electric Vehicles (EV) is a prime program furthering the country's achievement of Sustainable Development Goal (SDG) number 7. However, in spite of the much-needed policy push, EV adoption in India has been slow, both in private ownership and in public mobility. The average Indian commuter still depends heavily on public transport such as public buses, railways and rickshaws. Thus, the success of the EV transition in India lies in the speed with which e-vehicles can be developed and adopted in public transport solutions. This study assesses the feasibility of converting the public transport fleet (buses and 3 wheelers) into e-vehicles for the city of Pune. Pune records high per capita private vehicle ownership, resulting in high traffic congestion, traffic indiscipline issues and high vehicular fatalities. It is thus imperative that not only should public transport usage increase in the city, but it should also be electric, such that sustainability goals are achieved. This study presents a techno-economic analysis of greening Pune's public transport fleet. This paper begins with section 1, which introduces the EV landscape in India. Section 2 details the Total Cost of Ownership (TCO) framework, which evaluates financial costs associated with EVs in public transport fleets. Section 3 presents model results from the TCO analysis. Payback calculations are also presented to understand the minimum number of years to realise EV investment payback. Section 4 finally concludes this paper by presenting demand-side and supply-side interventions for a speedy EV transition for public transport fleets in Pune Metro Region.
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浦那公共交通绿化-可行性研究
印度对电动汽车(EV)的承诺是促进该国实现可持续发展目标(SDG) 7的主要计划。然而,尽管有急需的政策推动,但印度的电动汽车普及速度一直很慢,无论是在私人所有制还是在公共交通领域。印度的普通通勤者仍然严重依赖公共交通,如公交车、铁路和人力车。因此,印度电动汽车转型的成功取决于电动汽车在公共交通解决方案中的开发和采用速度。本研究评估了浦那市将公共交通车队(公共汽车和三轮车)转换为电动汽车的可行性。浦那的人均私家车拥有量很高,导致交通拥堵、交通违纪问题和交通事故死亡率很高。因此,当务之急是不仅要增加城市的公共交通使用量,而且还应该是电动的,这样才能实现可持续发展的目标。本研究提出了浦那公共交通车队绿化的技术经济分析。本文从第1节开始,介绍了印度的电动汽车景观。第2节详细介绍了总拥有成本(TCO)框架,该框架评估了公共交通车队中与电动汽车相关的财务成本。第3节给出了TCO分析的模型结果。回报计算也提出了了解实现电动汽车投资回报的最小年数。第4节最后通过提出浦那都会区公共交通车队快速电动汽车转型的需求侧和供给侧干预措施来总结本文。
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来源期刊
CiteScore
3.90
自引率
15.80%
发文量
22
审稿时长
24 weeks
期刊介绍: The Australasian Accounting, Business and Finance Journal is a double blind peer reviewed academic journal. The main focus of our journal is to encourage research from areas of social and environmental critique, exploration and innovation as well as from more traditional areas of accounting, finance, financial planning and banking research. There are no fees or charges associated with submitting to or publishing in this journal.
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