EV Taxi Dedicated TCO Calculator

EV Taxi Dedicated TCO Calculator helps model vehicle business, delivery, taxi, fleet, or commercial mobility cash-flow scenarios in English.

EV taxi operating assumptions

EV taxi business result

Initial net cost

₩35,450,909

Monthly cash profit

₩4,139,426

Monthly savings vs LPG

₩738,793

Projected end SOH

76%

Blended charge price₩297/kWh
Monthly charging cost₩549,767
Daily break-even revenue₩86,152
Battery reserve per month₩178,000
Total TCO₩119,685,349
  • Initial cost applies national subsidy, local subsidy, taxi extra support, and acquisition-tax relief.
  • Blended charging cost combines public fast charging and garage slow charging.
  • Projected SOH remains above the conservative battery threshold for the selected ownership period.
  • The LPG comparison uses the Korean taxi benchmark from the source model.

Related calculators

Korean EV taxi TCO, subsidy, SOH, and LPG comparison

This English guide follows the Korean calculator logic and preserves the Korean won amounts, statutory thresholds, tax rates, fee tables, vehicle categories, and operating assumptions used by the source page.

EV taxi subsidy and initial cost

The EV taxi calculator is built for Korean individual taxi and corporate taxi operations. It does not only compare vehicle price and charging cost; it combines national subsidy, local subsidy, taxi extra support, business acquisition tax, acquisition-tax relief, charging mix, SOH loss, battery reserve, LPG benchmark, and residual value.

The preserved presets include PV5 taxi KRW 45,400,000 and Ioniq 5 commercial EV KRW 47,900,000. The representative subsidy fields include national subsidy KRW 4,900,000, local subsidy KRW 3,150,000, and taxi extra support KRW 2,500,000. Acquisition tax rate is 4 percent and acquisition-tax relief cap is KRW 1.4 million.

  • A vehicle price at or above KRW 85 million can fall outside the passenger EV subsidy target in the source warning path.
  • A vehicle price at or above KRW 53 million can move into a reduced subsidy band.
  • Annual vehicle tax is KRW 26,000 for the commercial EV taxi assumption.

Charging, SOH, and LPG benchmark

Public fast charge price is KRW 339 per kWh and garage slow charge price is KRW 220 per kWh. Personal taxi operation can use more garage charging, while corporate single-shift and two-shift operation often push up fast-charge ratio and mid-day charging needs.

The SOH model uses base annual SOH loss 2.8 percent and a fast-charge penalty of 0.25 percentage points per 10 percent fast-charge share. Battery reserve is KRW 190,000 per kWh, while the LPG benchmark uses KRW 1,039 per liter. That is why the result shows monthly cash profit, accounting profit, monthly savings versus LPG, projected end SOH, and battery reserve together.

  • A fast-charge ratio above 80 percent can make downtime and battery degradation more important than the raw charging unit price.
  • For high-mileage taxi work, the break-even result should be read with operating days, daily revenue, and platform fee assumptions.
  • Local subsidy should be edited for the actual registration region before making a purchase decision.