Comparative Analysis of Gasoline and Electric Vehicles: Economic, Environmental, and Consumer Perspectives

This study provides an in-depth comparative analysis of traditional fuel vehicles and modern electric vehicles from multiple perspectives, including economic impact, environmental benefits and consumer preferences. Fuel vehicles have dominated the market to date due to their proven infrastructure, low cost and long range. Although electric vehicles have an advantage in environmental protection due to their lower carbon emissions and the support of government subsidies, their popularity is constrained by factors such as insufficient charging infrastructure, limited range and high initial cost. This study analyzes the advantages and disadvantages of vehicles with different powertrains in terms of performance, cost of use, market influence, and technological development, and reveals the differences in the values of consumers of all ages when choosing a vehicle. By comparing the similarities and differences between fuel vehicles and electric vehicles in terms of usage experience, environmental impact, and long-term economic returns, the study points out that technology will continue to advance in the future, and the two will gradually learn from each other to create more intense market competition.

Authors

Publication Details

Journal
Finance & Economics
Published
2024-12-31
DOI
https://doi.org/10.61173/psdxq366
Citations
3
Primary Topic
Electric Vehicles and Infrastructure
Type
article
Field-Weighted Citation Impact
0.63
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article

Comparative Analysis of Gasoline and Electric Vehicles: Economic, Environmental, and Consumer Perspectives

Young He Lau
3 citations
Finance & Economics
Electric Vehicles and Infrastructure
0.63
article

Comparative Analysis of Gasoline and Electric Vehicles: Economic, Environmental, and Consumer Perspectives

Young He Lau
article en
3 citations

Abstract

This study provides an in-depth comparative analysis of traditional fuel vehicles and modern electric vehicles from multiple perspectives, including economic impact, environmental benefits and consumer preferences. Fuel vehicles have dominated the market to date due to their proven infrastructure, low cost and long range. Although electric vehicles have an advantage in environmental protection due to their lower carbon emissions and the support of government subsidies, their popularity is constrained by factors such as insufficient charging infrastructure, limited range and high initial cost. This study analyzes the advantages and disadvantages of vehicles with different powertrains in terms of performance, cost of use, market influence, and technological development, and reveals the differences in the values of consumers of all ages when choosing a vehicle. By comparing the similarities and differences between fuel vehicles and electric vehicles in terms of usage experience, environmental impact, and long-term economic returns, the study points out that technology will continue to advance in the future, and the two will gradually learn from each other to create more intense market competition.

Finance & EconomicsVol. 1(10)
Industry, innovation and infrastructure
Openalex Percentile: Top 30%
Electric Vehicles and Infrastructure
0.63
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