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Transitioning to Electric Vehicles and Addressing Upfront Costs
This chapter explores the financial benefits of electric vehicles, including running cost advantages, decreasing upfront capital costs, and structured finance deals. It also discusses the impact of transitioning to electric vehicles on emissions reductions, focusing on high mileage drivers, challenges faced, and solutions like range extenders. The conversation touches on transitioning taxi fleets to electric vehicles in cities like Beijing and London, including the consideration of range extender technology for regions with extensive travel needs.