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Value Evaluation Of Pure Electric Vehicle Charging Station Construction Project

Posted on:2019-06-19Degree:MasterType:Thesis
Country:ChinaCandidate:Q ZhongFull Text:PDF
GTID:2382330596962686Subject:Project management
Abstract/Summary:PDF Full Text Request
With the rapid development of automobile industry,the problems of environmental pollution,energy shortage and resource exhaustion caused by automobile become more and more prominent.Electric vehicles have remarkable advantages,such as high efficiency,energy saving,low noise and without emission,which have incomparable advantages in environmental protection and energy conservation,electric vehicles are bound to become important green transportation tools.The scale development of pure electric vehicles depends on perfect basic supporting facilities.Because of the significant effect of the development of supporting facilities for the promotion and development of electric vehicles,we should be more prudent for its investment.Nowadays,domestic enterprises have less motivation in the construction of charging stations for pure electric vehicles and make little investment.The reason is that the construction and operation of charging stations for pure electric vehicles is a new industry,which is not fully mature in the market operation system,and the return of its investment projects is very uncertain.However,the traditional method based on the net present value theory widely adopted by the industry now tends to underestimate the value of the construction project of pure electric vehicle charging station,which restricts the motivation of enterprises in construction investment.Therefore,this paper is based on traditional value assessment methods,introduces real option theory,constructs the value evaluation model of pure electric vehicle charging station construction project,combined with an example of a charging station project in Guangzhou,identifies the uncertainties and existing options for pure electric vehicle charging station projects.For example,the government vigorously advocates new energy vehicles and implements them as a national strategy.The demand for charging stations will fluctuate greatly in the future.The high probability of this fluctuation is an upward uncertainty factor.According to the stage characteristics of investment decision of pure electric vehicle charging station construction,the uncertainty of the project is well dealt with by this paper.ln addition to the economic benefits brought by the first stage of project investment,it also provides the right for enterprises to invest in the second stage.The value of these rights is neglected by traditional value evaluation methods.To evaluate the value of charging station construction project reasonably,redefine the value of this project from a new perspective,attempts to provide a basis for the investment and operation of pure electric vehicle charging station construction project.
Keywords/Search Tags:Pure electric vehicle charging station, Evaluation method, Real option
PDF Full Text Request
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