Innovative Financial Approaches for Procurement on Electric Buses in Sustainable Public Transportation Systems

Abstract

Looking across the world an irresistible rise of electric vehicles is observed. The relevant infrastructure and industry sector are also developing rapidly. The advantages of electric vehicles thanks to the technological innovations which they have. However the most important disadvantage confronts is the purchasing costs. Their values have not reached the expected level yet. For this reason, electrical vehicle implementetions cannot be achieved in the public transportation, except some cities like Shenzen which is the one of the important city in China. Considering the points mentioned above, many applications are carried out in order to reveal different financial approaches in purchasing electric buses in public transportation systems in worldwide. In this study, purchase methods of electric busses with new business models especially in China, USA and Europe will be included. These methods are targeted to shed light on financial approaches, business model prediction and business analysis for the local governments that provide public transportation service in Turkey. The obtained approach results are expected to shed light on the electric bus route map in Turkey’s public transportation systems