Probabilistic Cost Analysis of E-Mobility in Kenyan Public Transport

This lecture explores the potential cost savings of adopting electric buses in Kenya's public transport system, highlighting challenges such as high initial costs and infrastructure limitations. Using global and African studies, it emphasizes the need for probabilistic cost analysis tailored to Kenya. Through a Monte Carlo simulation, the research compares diesel and electricity costs over a 10-year period. Results indicate that while EVs can achieve monthly savings and are cheaper in certain...