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On par with rapid motorization, the utility of electric vehicles is more prevalent in today’s world. In that context, an argument can be posted claiming the economic viability of the utility of electric vehicles against that of conventional internal combustion engine vehicles. This study delves into a comprehensive statistical analysis of the said argument. In doing so, the electricity tariff and the costs pertaining to the use of fossil fuels are evaluated. The study encompasses all three categories of vehicles, viz., two-wheelers, three-wheelers, and four-wheelers. The ANOVA test is used to determine the significance of the differences in the cost values among two-wheelers, three-wheelers, and four-wheelers. The study lucidly elucidates that there are significant differences between the cost components pertaining to electric and conventional modes of two-wheelers and three-wheelers whereas less significance can be claimed for four-wheelers. Therefore, it can be recommended that the adoption of electric two-wheelers and electric three-wheelers is more impactful than the adoption of electric four-wheelers.

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Conceptual Comparison of Electric and Internal Combustion Engine Vehicles: Electricity Tariff and Fuel Cost-Based Analysis for Sri Lanka

  • 会议论文

  • 发表日期：

    2026年

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  • P. Saranjan,
  • Surath Gajanayake,
  • T. Thilakshan,
  • K. Umaluxman,
  • Thusitha Sugathapala,
  • J. M. S. J. Bandara

摘要

On par with rapid motorization, the utility of electric vehicles is more prevalent in today’s world. In that context, an argument can be posted claiming the economic viability of the utility of electric vehicles against that of conventional internal combustion engine vehicles. This study delves into a comprehensive statistical analysis of the said argument. In doing so, the electricity tariff and the costs pertaining to the use of fossil fuels are evaluated. The study encompasses all three categories of vehicles, viz., two-wheelers, three-wheelers, and four-wheelers. The ANOVA test is used to determine the significance of the differences in the cost values among two-wheelers, three-wheelers, and four-wheelers. The study lucidly elucidates that there are significant differences between the cost components pertaining to electric and conventional modes of two-wheelers and three-wheelers whereas less significance can be claimed for four-wheelers. Therefore, it can be recommended that the adoption of electric two-wheelers and electric three-wheelers is more impactful than the adoption of electric four-wheelers.