The Business Analysis of Electric Vehicle Charging Stations to Power Environmentally Friendly Tourism: A Case Study of the Khao Kho Route in Thailand

Abstract

The growing demand for electric vehicle charging stations is due to the increasing number of electric vehicles due to the rapid development of electric vehicle production and people buying more. This has also increased the demand for electric vehicle charging stations to travel between cities. This is because most combustion cars nowadays use fossil fuels. It harms clean air, producing carbon dioxide (CO2), PM2.5, and greenhouse gas emissions, resulting in climate changes and natural environmental impacts. Directly affect people in terms of health, living, and present life. By emphasizing the participation of business and government sectors, Thailand has encouraged investment in producing and importing electric vehicles to replace fossil fuel combustion. They also promoted the development of electric cars to be more efficient and run longer distances. The cumulative number of electric vehicles from 2017 to the present is increasing, making business opportunities for EV charging stations available in Thailand. From business model analysis was designed in 3 scenarios, resulting in Scenario1 Normal charger 6 outlets, in which the cost is low, the cost recovery time is the most, and it has a low net profit margin installed in shopping malls, restaurants, and residential condominiums. Scenario2 Quick charger 6 outlets take less time to charge. A high charging and increased investment cost have a short payback period installed in front of convenience stores and the current gas station. Scenario3 is a combination of an electric vehicle charging station with a normal charger and quick charger total of 2 outlets, installed in large areas such as current gas stations, logistics centers, and department stores with souvenir shops and convenience stores. This information can help analyze costs and plan investment decisions on the ownership of electric vehicle charging stations. In addition, electric vehicle charging station scenarios can be compared to predict the net profit margin of the business model.

Forecasting PM10 Caused by Bangkok’s Leading Greenhouse Gas Emission Using the SARIMA and SARIMA-GARCH Model

“…• Promoting efficient modes of transport: Government support for more efficient methods of transport, such as rail or water, that can reduce transportation costs and environmental harm, promotion of the demand for ride-sharing services, and the emergence of electric cars in creating new opportunities for alternative power sources. Especially for Thailand's energy policy, Insan et al (2022) explained that Thailand has encouraged investment in producing and importing electric vehicles to replace fossil fuel combustion. They also promoted the development of electric cars to be more efficient and run longer distances.…”