The Developing Cost Model for Electric Public Transport Vehicles Charging Based on Blockchain Technology

Authors

  • Kantamon Sukkrajang Faculty of Industrial Technology Songkhla Rajabhat University

Keywords:

Cost models, Charging, Electric Vehicles, Blockchain Technology, Queuing, Simulation

Abstract

In the future, the rise of electric public transport vehicles influences on the decision to choose the charging station because the charging station is still insufficient to the demand for the number of electric public transport vehicles. Because the electric vehicles are friendly to the environment and the population rate has continued to increase so electric vehicles are essential for life as well. The researcher, therefore, sees the importance of developing a cost model to be applied to blockchain technology in decision making to choose a charging station under the conditions of the cost of price, distance, travel time, and waiting time of queues.  These factors are important that cause cost. Therefore, the drivers should reduce unnecessary costs, speed up decision making and data is reliable and secure for complying with the current fast-paced situation. The study found that the most important deciding factor is the waiting time of the line that considered as the waste of cost that needed to happen. However, motorists should pay attention to every factor for the lowest total cost of service.

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Published

2022-03-29

How to Cite

[1]
K. . Sukkrajang, “The Developing Cost Model for Electric Public Transport Vehicles Charging Based on Blockchain Technology”, Eng. & Technol. Horiz., vol. 39, no. 1, pp. 54–62, Mar. 2022.

Issue

Section

Research Articles