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Improvements in vehicle technology impact the purchase price of a vehicle and its operating cost. In this study, the monetary benefit of a technology improvement includes the potential reduction in vehicle price from using cheaper or smaller components, as well as the discounted value of the fuel cost savings. As technology progresses over time, the value and benefit of improving technology varies as well. In this study, the value of improving a few selected technologies (battery energy density, electric drive efficiency, tire rolling resistance, aerodynamics, light weighting) is studied and the value of the associated cost saving is quantified. The change in saving as a function of time, powertrain selection and vehicle type is also quantified. For example, a 10% reduction in aerodynamic losses is worth $24,222 today but only $8,810 in 2030 in an electric long haul truck. The decrease in value is primarily due to expected battery cost reduction over time.

Model-based control system design improves quality, shortens development time, lowers engineering cost, and reduces rework. Evaluating a control system's performance, functionality, and robustness in a simulation environment avoids the time and expense of developing hardware and software for each design iteration. Simulating the performance of a design can be straightforward (though sometimes tedious, depending on the complexity of the system being developed) with mathematical models for the hardware components of the system (plant models) and control algorithms for embedded controllers. This paper describes a software tool and a methodology that not only allows a complete system simulation to be performed early in the product design cycle, but also greatly facilitates the construction of the model by automatically connecting the components and subsystems that comprise it.