Economic characteristics of city bus operation with a mixed fleet: the influence of electric buses

Yi Shih Chung*, Yu Chiun Chiou

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

Abstract

The change in operation cost is a major concern of bus operators for accelerating bus electrification. The present paper investigated the cost structure of bus fleets with different compositions of electric and diesel buses. Short-run variable and long-run total cost translog functions for mixed fleets were both developed. A panel data set consisting of 58 city bus operators in Taiwan for the 2013–2019 period was formed. The analysis results revealed that introducing a small number of electric buses to a fleet reduced the short-run variable cost of large operators but increased those of small and medium-sized operators. Notably, the overcapitalization of electric buses shifted to undercapitalization when the size of electric bus fleets reached a specific scale. Enhancing the operation scale can reduce the average cost of a bus fleet and enable operators to take advantage of the lower operating cost of electric buses relative to diesel buses.

Original languageEnglish
JournalTransportmetrica A: Transport Science
DOIs
StateAccepted/In press - 2023

Keywords

  • economy of capital utilisation
  • Electric bus
  • fleet composition
  • translog cost function

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