Abstract
This study aims at evaluating economic and environmental benefits of Solar Hybrid Vehicle (SHV) by comparing other types of vehicle, such as internal combustion engine vehicle, hybrid vehicle, plug-in hybrid vehicle (PHV) and battery electric vehicle. Three different types of SHVs (SHVS, SHVM and SHVL) with varying photovoltaic panel (PV) size and battery were considered. The settings of cost and energy efficiency of each vehicle are based on assumed technology level in 2030. Our findings suggest PHVs to be the most cost effective option for the reduction of CO2 emissions. Next to PHVs, SHVs were evaluated as one of the most cost-effective vehicles among a wide range of users for the reduction of CO2 emissions.
