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The Business Analysis of Electric Vehicle Charging Stations to Power Environmentally Friendly Tourism: A Case Study of the Khao Kho Route in Thailand
2022
Journal:  
International Journal of Energy Economics and Policy
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Abstract The growing demand for electric vehicle charging stations is due to the increasing number of electric vehicles due to the rapid development of electric vehicle production and people buying more. This has also increased the demand for electric vehicle charging stations to travel between cities. This is because most combustion cars nowadays use fossil fuels. It harms clean air, producing carbon dioxide (CO2), PM2.5, and greenhouse gas emissions, resulting in climate changes and natural environmental impacts. Directly affect people in terms of health, living, and present life. By emphasizing the participation of business and government sectors, Thailand has encouraged investment in producing and importing electric vehicles to replace fossil fuel combustion. They also promoted the development of electric cars to be more efficient and run longer distances. The cumulative number of electric vehicles from 2017 to the present is increasing, making business opportunities for EV charging stations available in Thailand. From business model analysis was designed in 3 scenarios, resulting in Scenario1 Normal charger 6 outlets, in which the cost is low, the cost recovery time is the most, and it has a low net profit margin installed in shopping malls, restaurants, and residential condominiums. Scenario2 Quick charger 6 outlets take less time to charge. A high charging and increased investment cost have a short payback period installed in front of convenience stores and the current gas station. Scenario3 is a combination of an electric vehicle charging station with a normal charger and quick charger total of 2 outlets, installed in large areas such as current gas stations, logistics centers, and department stores with souvenir shops and convenience stores. This information can help analyze costs and plan investment decisions on the ownership of electric vehicle charging stations. In addition, electric vehicle charging station scenarios can be compared to predict the net profit margin of the business model. Downloads Download data is not yet available. Downloads FULL TEXT Published 2022-11-28 How to Cite Insan, D. ., Rakwichian, W., Rachapradit, P. ., & Thanarak, P. (2022). The Business Analysis of Electric Vehicle Charging Stations to Power Environmentally Friendly Tourism: A Case Study of the Khao Kho Route in Thailand. International Journal of Energy Economics and Policy, 12(6), 102–111. https://doi.org/10.32479/ijeep.13535 More Citation Formats ACM ACS APA ABNT Chicago Harvard IEEE MLA Turabian Vancouver Download Citation Endnote/Zotero/Mendeley (RIS) BibTeX Issue Vol. 12 No. 6 (2022) Section Articles License Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication. Most read articles by the same author(s) Prapita Thanarak, Kezang Lhazom, Economic Feasibility Analysis of Off-Grid PV Systems for Remote Settlements in Bhutan , International Journal of Energy Economics and Policy: Vol. 11 No. 3 (2021) Kornkamol Laung-Iem, Prapita Thanarak, Forecasting of Biodiesel Prices in Thailand using Time Series Decomposition Method for Long Term from 2017 to 2036 , International Journal of Energy Economics and Policy: Vol. 11 No. 4 (2021) Prapita Thanarak, Teerarat Chiramakara, GHG Emission and Cost Performance of Life Cycle Energy on Agricultural Land Used for Photovoltaic Power Plant , International Journal of Energy Economics and Policy: Vol. 9 No. 2 (2019) Make a Submission Make a Submission Dergi Kapağı

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2022
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International Journal of Energy Economics and Policy

Field :   Sosyal, Beşeri ve İdari Bilimler

Journal Type :   Uluslararası

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Cite : 3.956
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International Journal of Energy Economics and Policy