Standard Article

The Nascent Industry of Electric Vehicles

  1. Diego Klabjan,
  2. Timothy Sweda

Published Online: 14 JAN 2011

DOI: 10.1002/9780470400531.eorms0997

Wiley Encyclopedia of Operations Research and Management Science

Wiley Encyclopedia of Operations Research and Management Science

How to Cite

Klabjan, D. and Sweda, T. 2011. The Nascent Industry of Electric Vehicles. Wiley Encyclopedia of Operations Research and Management Science. .

Author Information

  1. Northwestern University, Department of Industrial Engineering and Management Sciences, Evanston, Illinois

Publication History

  1. Published Online: 14 JAN 2011

Abstract

An electric vehicle (EV) is a vehicle that operates solely using electricity and can plug into the power grid to recharge. This connectivity with the grid poses a unique set of challenges, as the new EV charging infrastructure must be compatible with the existing power infrastructure and the grid must be able to support the growing fleet of EVs. Of particular interest to operations researchers are an assortment of pricing and planning problems, many of which are still ill-defined due to the youth of today's EV industry and the uncertainties that accompany it. In this article, the needs of the growing EV industry are addressed, and some of the key issues that will be faced over the next several years are identified.

Keywords:

  • electric vehicles;
  • charging infrastructure;
  • charging stations;
  • vehicle-to-grid;
  • smart grid;
  • battery swapping