On the Optimization Strategy of EV Charging Station Localization and Charging Piles Density

Table 1

The key simulation parameters.

Parameter	Value
Fixed investment ()	2 million
Investment related to the unit price of the charging piles in the charging station ()	0.35 million
The investment cost related to the transformer in the charging station ()	0.2 million
Discount rate ()	0.08
Charging station depreciation period ()	20 years
Average driving speed of EVs ()	30 km/h
Time period ()	365 days
Nonlinear coefficient of the urban road ()	1.2
Minimum number of charging piles in the charging station ()	3
Maximum number of charging piles in the charging station ()	30
Minimum number of charging stations ()	3
Maximum number of charging stations ()	6
Minimum distance between two charging stations ,()	1.2 km
Maximum distance to the charging station when the EV needs to be charged	3 km