Cost efficiency is crucial in this project because it is important that people are able to afford to ride the AEV or it will be useless. If the costs are higher than anticipated, the cost to the public will also increase. Cost efficiency boils down to two main components, the cost to build and the cost to maintain. Building the track for the AEV will be expensive but worth it in the long run. The AEV itself can be built using lightweight materials in order to use less energy while it runs. According to energy.gov, “A 10% reduction in vehicle weight can result in a 6%-8% fuel economy improvement” which illustrates the massive impact that weight can have on cost for the AEV. The aerodynamic design will also help minimize the amount of money spent on energy. The reduced amount of drag will add to the energy efficiency of the vehicle. By increasing the energy efficiency of the AEV, we will save money and help the environment. Researchers will make sure to be time efficient and careful to prevent accidents so that no money is wasted to fines or inefficiency.
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