Carbon Footprint throughout the Life Cycle of Electric Vehicles andIts Influence on Transport Sector Decarbonization

Authors

  • Hao Luo Thrust of Internet of Things, The Hong Kong University of Science and Technology (Guangzhou), Nansha, Guangzhou 511400, Guangdong, China Author
  • Zhenqi Li National Engineering Research Centre of High-Speed Railway Construction Technology, Central South University, Changsha 410075, China Author
  • Kun Liu School of Economics, Yunnan University of Finance and Economics, Kunming 650503, Yunnan, China Author
  • Guobiao Hu Thrust of Internet of Things, The Hong Kong University of Science and Technology (Guangzhou), Nansha, Guangzhou 511400, Guangdong, China Author

DOI:

https://doi.org/10.47363/JESMR/2025(6)276

Keywords:

Carbon Footprint, Life Cycle Assessment, Electric Vehicle, Carbon Emission, Carbon Neutrality, Carbon Finance

Abstract

To assess the carbon footprint of new energy vehicles, a comprehensive life cycle analysis is essential. This study develops a unified carbon emission calculation model for electric vehicles, addressing all phases from raw material acquisition, component manufacturing, and usage to recycling. Using the BYD E6 (a specific EV car model) as a case study, life cycle carbon emissions were calculated based on the associated data released in 2022. Carbon emissions from material extraction and recycling, component production and assembly, battery production and recycling, as well as energy consumption during vehicle usage and maintenance, are all considered. The results reveal that battery manufacturing accounts for the largest share of carbon emissions, representing 76.85% of the total. Notably, when second-life utilization technologies for power batteries are employed, the recycling rate increases significantly, leading to a substantial reduction in overall carbon emissions. Additionally, this study analyzes sales trends and market share dynamics of new energy vehicles over the past decade and forecasts their future development, while also considering the financial and ecological benefits derived from the financial value of carbon emissions.

Author Biographies

  • Hao Luo, Thrust of Internet of Things, The Hong Kong University of Science and Technology (Guangzhou), Nansha, Guangzhou 511400, Guangdong, China

    Thrust of Internet of Things, The Hong Kong University of Science and Technology (Guangzhou), Nansha, Guangzhou 511400, Guangdong, China

  • Zhenqi Li, National Engineering Research Centre of High-Speed Railway Construction Technology, Central South University, Changsha 410075, China

    National Engineering Research Centre of High-Speed Railway Construction Technology, Central South University, Changsha 410075, China

  • Kun Liu, School of Economics, Yunnan University of Finance and Economics, Kunming 650503, Yunnan, China

    School of Economics, Yunnan University of Finance and Economics, Kunming 650503, Yunnan, China

  • Guobiao Hu, Thrust of Internet of Things, The Hong Kong University of Science and Technology (Guangzhou), Nansha, Guangzhou 511400, Guangdong, China

    Thrust of Internet of Things, The Hong Kong University of Science and Technology (Guangzhou), Nansha, Guangzhou 511400, Guangdong, China

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Published

2025-02-17