IDEAS home Printed from https://ideas.repec.org/a/eee/transe/v184y2024ics1366554524000747.html
   My bibliography  Save this article

Optimizing consolidated shared charging and electric ride-sourcing services

Author

Listed:
  • Cai, Zeen
  • Li, Chuanjia
  • Mo, Dong
  • Xu, Shuyang
  • Chen, Xiqun (Michael)
  • Lee, Der-Horng

Abstract

The shortage of charging facilities under the trend of transportation electrification brings a significant challenge to electric ride-sourcing operations. As a component of sharing economy, flourishing shared charging consolidates idle charging resources, providing a promising solution to this problem. We propose a shared charging program where the ride-sourcing platform acts as an intermediary and rents shareable charging posts from private post owners to facilitate the charging demand of ride-sourcing drivers. A utility-based modeling framework is established to dissect the intricate behavioral interactions among post owners, drivers, and riders. The analytical results reveal that supply and demand monotonicity with respect to shared charging fee and commission rate varies with different returns to scale of riders' waiting time functions. Then, we mathematically derive the first-order optimality solutions of the joint decisions on shared charging (i.e., rental fee, and charging fee) and ride-sourcing (i.e., commission rate, and price) sectors under monopoly optimality and social optimality, respectively. The platform can adopt a relatively high shared charging fee and low rental fee to gain more profit when the rider demand is insensitive to the commission rate. If the government focuses more on the private post owner surplus, it should ensure relatively high price elasticity under optimal pricing to better protect their welfare. Finally, we numerically discuss how potential shared charging posts impact the market states and compare the outcomes between ride-sourcing-only and shared charging programs. It is found that the shared charging service improves the platform profit, social welfare, rider surplus, and driver surplus, while inducing higher commission rates and prices. The economic analysis gains insights into shared charging for electric ride-sourcing services and highlights the potential of sharing solutions in promoting sustainable urban mobility services.

Suggested Citation

  • Cai, Zeen & Li, Chuanjia & Mo, Dong & Xu, Shuyang & Chen, Xiqun (Michael) & Lee, Der-Horng, 2024. "Optimizing consolidated shared charging and electric ride-sourcing services," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 184(C).
    • Handle: RePEc:eee:transe:v:184:y:2024:i:c:s1366554524000747
    DOI: 10.1016/j.tre.2024.103484
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1366554524000747
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.tre.2024.103484?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Fleming, Kelly L. & Cohen D'Agostino, Mollie, 2020. "Policy Pathways to TNC Electrification in California," Institute of Transportation Studies, Working Paper Series qt9zx112v2, Institute of Transportation Studies, UC Davis.
    2. Ke, Jintao & Cen, Xuekai & Yang, Hai & Chen, Xiqun & Ye, Jieping, 2019. "Modelling drivers’ working and recharging schedules in a ride-sourcing market with electric vehicles and gasoline vehicles," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 125(C), pages 160-180.
    3. Wang, Yaxian & Zhao, Zhenli & Baležentis, Tomas, 2023. "Benefit distribution in shared private charging pile projects based on modified Shapley value," Energy, Elsevier, vol. 263(PB).
    4. John R. Schroeter, 1983. "A Model of Taxi Service under Fare Structure and Fleet Size Regulation," Bell Journal of Economics, The RAND Corporation, vol. 14(1), pages 81-96, Spring.
    5. Brandstätter, Georg & Kahr, Michael & Leitner, Markus, 2017. "Determining optimal locations for charging stations of electric car-sharing systems under stochastic demand," Transportation Research Part B: Methodological, Elsevier, vol. 104(C), pages 17-35.
    6. Cai, Zeen & Mo, Dong & Tang, Wei & Chen, Yong & Chen, Xiqun (Michael), 2023. "A two-period game-theoretical model for heterogeneous ride-sourcing platforms with asymmetric competition and mixed fleets," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 178(C).
    7. Xu, Xiaoping & He, Ping & Zhang, Shanshan, 2021. "Channel addition from marketplace or reselling under regional carbon cap-and-trade regulation," International Journal of Production Economics, Elsevier, vol. 236(C).
    8. Yang, Hai & Yang, Teng, 2011. "Equilibrium properties of taxi markets with search frictions," Transportation Research Part B: Methodological, Elsevier, vol. 45(4), pages 696-713, May.
    9. Li, Baicheng & Szeto, W.Y. & Zou, Liang, 2022. "Optimal fare and fleet size regulation in a taxi/ride-sourcing market with congestion effects, emission externalities, and gasoline/electric vehicles," Transportation Research Part A: Policy and Practice, Elsevier, vol. 157(C), pages 215-243.
    10. Jian, Sisi & Liu, Wei & Wang, Xiaolei & Yang, Hai & Waller, S. Travis, 2020. "On integrating carsharing and parking sharing services," Transportation Research Part B: Methodological, Elsevier, vol. 142(C), pages 19-44.
    11. Reyer Gerlagh & Roweno J.R.K. Heijmans & Knut Einar Rosendahl, 2019. "Endogenous Emission Caps Always Induce a Green Paradox," CESifo Working Paper Series 7862, CESifo.
    12. Gerlagh, Reyer & Heijmans, Roweno J.R.K. & Rodendahl, Knut Einar, 2019. "Endogenous Emission Caps Always Induce a Green Paradox," Other publications TiSEM a629a851-9ea0-4022-aa1b-c, Tilburg University, School of Economics and Management.
    13. Yongjun Ahn & Hwasoo Yeo, 2015. "An Analytical Planning Model to Estimate the Optimal Density of Charging Stations for Electric Vehicles," PLOS ONE, Public Library of Science, vol. 10(11), pages 1-26, November.
    14. Mo, Dong & Yu, Jingru & Chen, Xiqun Michael, 2020. "Modeling and managing heterogeneous ride-sourcing platforms with government subsidies on electric vehicles," Transportation Research Part B: Methodological, Elsevier, vol. 139(C), pages 447-472.
    15. Helmus, Jurjen R. & Lees, Michael H. & van den Hoed, Robert, 2022. "A validated agent-based model for stress testing charging infrastructure utilization," Transportation Research Part A: Policy and Practice, Elsevier, vol. 159(C), pages 237-262.
    16. Fanny Vanrykel & Damien Ernst & Marc Bourgeois, 2018. "Fostering Share&Charge through proper regulation," Competition and Regulation in Network Industries, , vol. 19(1-2), pages 25-52, March.
    17. Vibhanshu Abhishek & Kinshuk Jerath & Z. John Zhang, 2016. "Agency Selling or Reselling? Channel Structures in Electronic Retailing," Management Science, INFORMS, vol. 62(8), pages 2259-2280, August.
    18. Mo, Dong & Chen, Xiqun (Michael) & Zhang, Junlin, 2022. "Modeling and Managing Mixed On-Demand Ride Services of Human-Driven Vehicles and Autonomous Vehicles," Transportation Research Part B: Methodological, Elsevier, vol. 157(C), pages 80-119.
    19. Zhu, Zheng & Ke, Jintao & Wang, Hai, 2021. "A mean-field Markov decision process model for spatial-temporal subsidies in ride-sourcing markets," Transportation Research Part B: Methodological, Elsevier, vol. 150(C), pages 540-565.
    20. Ahmad M. A. Zamil & Maham Furqan & Haider Mahmood, 2019. "Trade openness and CO2 emissions nexus in Oman," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(2), pages 1319-1329, December.
    21. Zhong, Yuanguang & Lan, Yibo & Chen, Zhi & Yang, Jiazi, 2023. "On-demand ride-hailing platforms with heterogeneous quality-sensitive customers: Dedicated system or pooling system?," Transportation Research Part B: Methodological, Elsevier, vol. 173(C), pages 247-266.
    22. Zhan, Xingbin & Szeto, W.Y. & (Michael) Chen, Xiqun, 2022. "A simulation–optimization framework for a dynamic electric ride-hailing sharing problem with a novel charging strategy," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 159(C).
    23. Arnott, Richard, 1996. "Taxi Travel Should Be Subsidized," Journal of Urban Economics, Elsevier, vol. 40(3), pages 316-333, November.
    24. Jiayi Joey Yu & Christopher S. Tang & Zuo-Jun Max Shen & Xiqun Michael Chen, 2020. "A Balancing Act of Regulating On-Demand Ride Services," Management Science, INFORMS, vol. 66(7), pages 2975-2992, July.
    25. Cai, Zeen & Mo, Dong & Geng, Maosi & Tang, Wei & Chen, Xiqun Michael, 2023. "Integrating ride-sourcing with electric vehicle charging under mixed fleets and differentiated services," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 169(C).
    26. Hu, Xu & Yang, Zhaojun & Sun, Jun & Zhang, Yali, 2021. "Sharing economy of electric vehicle private charge posts," Transportation Research Part B: Methodological, Elsevier, vol. 152(C), pages 258-275.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Pourvaziri, H. & Sarhadi, H. & Azad, N. & Afshari, H. & Taghavi, M., 2024. "Planning of electric vehicle charging stations: An integrated deep learning and queueing theory approach," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 186(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Cai, Zeen & Mo, Dong & Geng, Maosi & Tang, Wei & Chen, Xiqun Michael, 2023. "Integrating ride-sourcing with electric vehicle charging under mixed fleets and differentiated services," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 169(C).
    2. Lai, Zhijie & Li, Sen, 2024. "Towards a multimodal charging network: Joint planning of charging stations and battery swapping stations for electrified ride-hailing fleets," Transportation Research Part B: Methodological, Elsevier, vol. 183(C).
    3. Ke, Jintao & Chen, Xiqun (Michael) & Yang, Hai & Li, Sen, 2022. "Coordinating supply and demand in ride-sourcing markets with pre-assigned pooling service and traffic congestion externality," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 166(C).
    4. Ke, Jintao & Li, Xinwei & Yang, Hai & Yin, Yafeng, 2021. "Pareto-efficient solutions and regulations of congested ride-sourcing markets with heterogeneous demand and supply," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 154(C).
    5. Li, Baicheng & Szeto, W.Y., 2021. "Modeling and analyzing a taxi market with a monopsony taxi owner and multiple rentee-drivers," Transportation Research Part B: Methodological, Elsevier, vol. 143(C), pages 1-22.
    6. Mo, Dong & Chen, Xiqun (Michael) & Zhang, Junlin, 2022. "Modeling and Managing Mixed On-Demand Ride Services of Human-Driven Vehicles and Autonomous Vehicles," Transportation Research Part B: Methodological, Elsevier, vol. 157(C), pages 80-119.
    7. Tang, Wei & Xie, Ningke & Mo, Dong & Cai, Zeen & Lee, Der-Horng & Chen, Xiqun (Michael), 2023. "Optimizing subsidy strategies of the ride-sourcing platform under government regulation," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 173(C).
    8. Zhang, Fangni & Lindsey, Robin & Yang, Hai & Shao, Chaoyi & Liu, Wei, 2022. "Two-sided pricing strategies for a parking sharing platform: Reselling or commissioning?," Transportation Research Part B: Methodological, Elsevier, vol. 163(C), pages 40-63.
    9. Shi, Ziyi & Xu, Meng & Song, Yancun & Zhu, Zheng, 2024. "Multi-Platform dynamic game and operation of hybrid Bike-Sharing systems based on reinforcement learning," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 181(C).
    10. Xu, Zhengtian & Yin, Yafeng & Zha, Liteng, 2017. "Optimal parking provision for ride-sourcing services," Transportation Research Part B: Methodological, Elsevier, vol. 105(C), pages 559-578.
    11. Jan Streeck & Quirin Dammerer & Dominik Wiedenhofer & Fridolin Krausmann, 2021. "The role of socio‐economic material stocks for natural resource use in the United States of America from 1870 to 2100," Journal of Industrial Ecology, Yale University, vol. 25(6), pages 1486-1502, December.
    12. Konuralp Pamukcu, 2020. "Implementation of Sustainable Development Goals Through the Equimarginal Principle and Circular Economy," Istanbul Journal of Economics-Istanbul Iktisat Dergisi, Istanbul University, Faculty of Economics, vol. 70(2), pages 267-286, December.
    13. Di Ao & Jing Gao & Zhijie Lai & Sen Li, 2021. "Regulating Transportation Network Companies with a Mixture of Autonomous Vehicles and For-Hire Human Drivers," Papers 2112.07218, arXiv.org, revised Dec 2023.
    14. Yang, Hai & Qin, Xiaoran & Ke, Jintao & Ye, Jieping, 2020. "Optimizing matching time interval and matching radius in on-demand ride-sourcing markets," Transportation Research Part B: Methodological, Elsevier, vol. 131(C), pages 84-105.
    15. Li, Xiaonan & Li, Xiangyong & Wang, Hai & Shi, Junxin & Aneja, Y.P., 2022. "Supply regulation under the exclusion policy in a ride-sourcing market," Transportation Research Part B: Methodological, Elsevier, vol. 166(C), pages 69-94.
    16. Li, Baicheng & Szeto, W.Y. & Luo, Qin, 2021. "A peak-period taxi scheme design problem: Formulation and policy implications," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 146(C).
    17. Glenn A. Aguilar‐Hernandez & Sebastiaan Deetman & Stefano Merciai & João F. D. Rodrigues & Arnold Tukker, 2021. "Global distribution of material inflows to in‐use stocks in 2011 and its implications for a circularity transition," Journal of Industrial Ecology, Yale University, vol. 25(6), pages 1447-1461, December.
    18. Li, Baicheng & Szeto, W.Y., 2019. "Taxi service area design: Formulation and analysis," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 125(C), pages 308-333.
    19. Tian, Lijun & Jiang, Xiaolan & Wu, Wenxiang & Huang, Haijun, 2024. "Becoming a freelancer or contractor? Drivers’ contractual mode and schedule decisions in a dual sourcing market," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 185(C).
    20. Li, Baicheng & Szeto, W.Y. & Zou, Liang, 2022. "Optimal fare and fleet size regulation in a taxi/ride-sourcing market with congestion effects, emission externalities, and gasoline/electric vehicles," Transportation Research Part A: Policy and Practice, Elsevier, vol. 157(C), pages 215-243.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:transe:v:184:y:2024:i:c:s1366554524000747. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/600244/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.