__smbhome.uscs.susx.ac.uk_tjk30_Documents_Manuscript Energy - Revised .pdf (412.35 kB)
The market case for electric mobility: investigating electric vehicle business models for mass adoption
journal contribution
posted on 2023-06-09, 20:03 authored by Gerardo Zarazua de Rubens, Lance Noel, Johannes Kester, Benjamin SovacoolBenjamin SovacoolElectric vehicles (EVs) could become the next automotive technology to be widely diffused in society in the near future. However, many structural challenges remain to be addressed around the EV socio-technical system as the technology progresses from a niche to early and late mass markets. This study investigates the challenges for electric vehicles focusing on their current and future business implications. For this purpose, we rely on a robust sample of 227 semi-structured interviews, conducted by the authors, with transportation and electricity experts from 201 institutions across seventeen cities in Denmark, Finland, Iceland, Norway, and Sweden. Our findings show that EVs currently face an unfavourable business case, led by the legacy of the petrol and diesel car industries, and national market conditions. This results in an unsuitable business model and supply chain that compromises EV production and market offerings. Additionally, we find that for wide diffusion in society, EVs will change the traditional automotive selling chain, directly affecting selling methods (i.e. dealerships), maintenance revenue streams and refuelling (recharging) structures. It is therefore essential to adopt new models, practices and methods of business that are suitable for EV diffusion.
History
Publication status
- Published
File Version
- Accepted version
Journal
EnergyISSN
0360-5442Publisher
ElsevierExternal DOI
Article number
a116841Department affiliated with
- SPRU - Science Policy Research Unit Publications
Full text available
- Yes
Peer reviewed?
- Yes
Legacy Posted Date
2020-01-03First Open Access (FOA) Date
2020-12-31First Compliant Deposit (FCD) Date
2020-01-02Usage metrics
Categories
No categories selectedLicence
Exports
RefWorks
BibTeX
Ref. manager
Endnote
DataCite
NLM
DC