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Cited by 293

The DOI matches its Crossref record; 17 of the 17 references it cites were found in a registry or an index.

Total cost of ownership and its potential implications for battery electric vehicle diffusion

Open access
Hagman, Jens, Ritzén, Sofia, Stier, Jenny Janhager, Susilo, Yusak·2016·Research in Transportation Business & Management

Abstract

Battery electric vehicles (BEVs) have been slow to diffuse on the international as well as the Swedish market. Previous studies have indicated situational factors such as economic factors, size and performance to be of major importance for vehicle purchasers in their choice of vehicle. In this paper, the authors explore a consumer centric total cost of ownership (TCO) model to investigate the possible discrepancy between purchase price and the TCO between internal combustion engine vehicles (ICEVs), hybrid electric vehicles (HEVs) and BEVs. The creation and testing of the TCO model reveals that computation could be a challenging task for consumers due to bounded access of relevant data and the prediction of future conditions. The application of the model to the vehicle sample found that BEVs could be cheaper compared to ICEVs and HEVs. The findings in this paper could prove to be of importance for policy and marketing alike in designing the most appropriate business models and information campaigns based on consumer conditions in order to further promoting the diffusion of BEVs in society.

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Metadata

Authors
Hagman, J., Ritzén, S., Stier, J. J., & Susilo, Y.
Venue
Research in Transportation Business & Management
Publisher
Elsevier BV
Published
2016-03
Volume
18
Pages
11-17
ISSN
2210-5395 (ISSN-L)
OpenAlex
W2254080159
Cited by
293
References
17
FWCI
10.52
Type
journal article
Language
en
Open access
hybrid

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CoChat. (2026). Citation check: Total cost of ownership and its potential implications for battery electric vehicle diffusion. https://app.cochat.ai/papers/10.1016/j.rtbm.2016.01.003
The paper
Hagman, J., Ritzén, S., Stier, J. J., & Susilo, Y. (2016). Total cost of ownership and its potential implications for battery electric vehicle diffusion. Research in Transportation Business & Management. https://doi.org/10.1016/j.rtbm.2016.01.003

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.