Competing Business Models for Electric Vehicles

Competing Business Models for Electric Vehicles
Author: Denis Anker
Publisher:
Total Pages:
Release: 2011
Genre:
ISBN:

Download Competing Business Models for Electric Vehicles Book in PDF, Epub and Kindle

The purpose of this paper is to provide an overview of the status quo of competing business models for electric vehicles and to analyze them to assess their future success in terms of strategy and financial performance. Based on a case study approach, the business models Better Place and the traditional plug-in electric vehicle business model are presented. Their different setup regarding value creation, configuration of the value chain and the revenue model is presented based on a business model framework. On the basis of the business model setup and interviews with market experts, both business models are analyzed in terms of strategy through a SWOT analysis and in terms of financial performance through a financial analysis. The results are discussed to assess the likelihood for success. The analysis shows that both models are currently not profitable and depend on similar drivers to become profitable. In addition, the Better Place model would require automotive companies to produce electric vehicles with exchangeable batteries and the plug-in electric vehicle business model needs for customers to adjust to the restrictions of electric vehicles regarding range and recharging. The reluctance of automotive companies to accept an exchangeable battery is the key hurdle that limits future success of the Better Place business model while the high flexibility of the plug-in electric vehicle business model allows for adjustments to deliver almost similar value propositions to customers.

Competing Business Models For Electric Vehicles

Competing Business Models For Electric Vehicles
Author: Jasper von Heyden
Publisher:
Total Pages:
Release: 2011
Genre:
ISBN:

Download Competing Business Models For Electric Vehicles Book in PDF, Epub and Kindle

Climate change, peak oil and energy dependence have put significant pressure on the current transportation regime. Because of increasing range and efficiency advantages the electric vehicle (EV) has emerged as a viable strategy for addressing these problems. Three case studies were conducted in this research to analyse the status quo of competing business models in the electric vehicle industry and to determine whether and how these business models enable the firms to be successful. Three frameworks will be employed to explore the main critical issues around the business models of the EV enterprises and 14 qualitative interviews with selected experts form various backgrounds will support the findings.

Electric Vehicle Business Models

Electric Vehicle Business Models
Author: David Beeton
Publisher: Springer
Total Pages: 247
Release: 2014-12-27
Genre: Technology & Engineering
ISBN: 3319122444

Download Electric Vehicle Business Models Book in PDF, Epub and Kindle

This contributed volume collects insights from industry professionals, policy makers and researchers on new and profitable business models in the field of electric vehicles (EV) for the mass market. This book includes approaches that address the optimization of total cost of ownership. Moreover, it presents alternative models of ownership, financing and leasing. The editors present state-of-the-art insights from international experts, including real-world case studies. The volume has been edited in the framework of the International Energy Agency’s Implementing Agreement for Cooperation on Hybrid and Electric Vehicles (IA-HEV). The target audience primarily comprises practitioners and decision makers but the book may also be beneficial for research experts and graduate students.

Competitor Assessment. The electric vehicle industry. Tesla's strategic focus lies on establishing its brand in the mass automotive market

Competitor Assessment. The electric vehicle industry. Tesla's strategic focus lies on establishing its brand in the mass automotive market
Author: Dennis Schindeldecker
Publisher: GRIN Verlag
Total Pages: 17
Release: 2017-06-20
Genre: Business & Economics
ISBN: 3668466254

Download Competitor Assessment. The electric vehicle industry. Tesla's strategic focus lies on establishing its brand in the mass automotive market Book in PDF, Epub and Kindle

Seminar paper from the year 2016 in the subject Business economics - Business Management, Corporate Governance, grade: 1,0, Post University, course: Competitive Intelligence, language: English, abstract: The overall electric vehicle industry has grown significantly in the last five years. One of many reasons for that was the introduction of Tesla`s first electric vehicle in 2009 with a strong differentiation strategy. Tesla is now focused on its entry into the mass automotive market. To achieve that, the company is committed to invest heavily in its production capacity and model line-up, most recently with the introduction of Model 3. Tesla’s competitive advantages for this strategic goal include a superior electric vehicle technology and recharging infrastructure, brand recognition, a first mover market position, and a strong network of strategic partnerships. However, since the company entered the industry in the premium sport and luxury sedan vehicle niche segment, it has a resource disadvantage in regards to know-how, large-scale manufacturing processes and model line-up when it comes to the mass automotive market. Additionally, the company is relying on an overall growth of the EV demand, technological improvements and a high number of customer referrals in the near future. There is a large number of existing premium manufacturers in this space, several of which already enjoy major manufacturing and economies of scale advantages that will make this endeavor highly costly and risky. However, the combination of Tesla’s competitive advantages and aggressive marketing could result in the capture and sustainment of a significant percentage of market shares in the mass automotive segment.

Markets and Policy Measures in the Evolution of Electric Mobility

Markets and Policy Measures in the Evolution of Electric Mobility
Author: Dirk Fornahl
Publisher: Springer
Total Pages: 219
Release: 2015-11-06
Genre: Technology & Engineering
ISBN: 3319242296

Download Markets and Policy Measures in the Evolution of Electric Mobility Book in PDF, Epub and Kindle

This edited monograph collects theoretical, empirical and political contributions from different fields, focusing on the commercial launch of electric mobility, and intending to shed more light on the complexity of supply and demand. It is an ongoing discussion, both in the public as well as in academia, whether or not electric mobility is capable of gaining a considerable market share in the near future. The target audience primarily comprises researchers and practitioners in the field, but the book may also be beneficial for graduate students.

Vehicle-to-Grid

Vehicle-to-Grid
Author: Lance Noel
Publisher: Springer
Total Pages: 237
Release: 2019-01-04
Genre: Technology & Engineering
ISBN: 3030048640

Download Vehicle-to-Grid Book in PDF, Epub and Kindle

​This book defines and charts the barriers and future of vehicle-to-grid technology: a technology that could dramatically reduce emissions, create revenue, and accelerate the adoption of battery electric cars. This technology connects the electric power grid and the transportation system in ways that will enable electric vehicles to store renewable energy and offer valuable services to the electricity grid and its markets. To understand the complex features of this emergent technology, the authors explore the current status and prospect of vehicle-to-grid, and detail the sociotechnical barriers that may impede its fruitful deployment. The book concludes with a policy roadmap to advise decision-makers on how to optimally implement vehicle-to-grid and capture its benefits to society while attempting to avoid the impediments discussed earlier in the book.

An Electric Vehicle Conversion Start-Up. Development of a Business Model Approach

An Electric Vehicle Conversion Start-Up. Development of a Business Model Approach
Author: Fabian Hoeft
Publisher: GRIN Verlag
Total Pages: 373
Release: 2019-10-24
Genre: Business & Economics
ISBN: 3346041980

Download An Electric Vehicle Conversion Start-Up. Development of a Business Model Approach Book in PDF, Epub and Kindle

Master's Thesis from the year 2019 in the subject Business economics - Business Management, Corporate Governance, grade: 1,3, Niederrhein University of Applied Sciences Krefeld (School of Business and Economics), language: English, abstract: Today's world of mobility is characterised by a high degree of dynamism and change is becoming apparent. Currently, around 45 million passenger cars with conventional combustion engines, powered by diesel or petrol, are registered in Germany. The share of electric vehicles is still well below one per cent. Nevertheless, the voices for sustainable and environmentally friendly transport are becoming louder. One political measure in this respect is the implementation of driving bans in major German cities for some conventional combustion cars. Car electrification is a solution for converting cars with conventional combustion engines to electric drives. In the context of this thesis, car electrification is regarded as a transition solution towards a nationwide electrified transport network of new electric cars. A comprehensive concept of a business model approach from a start-up perspective has been developed based on the analysis of the environment, industry, and customer needs. Analysing the structure of the electrical conversion industry revealed that the subject of car electrification is hardly widespread and that current suppliers have only converted a smaller number of cars. Besides the small scale of implementation, the operational execution by existing suppliers can be considered weak in terms of competitiveness and sustainability. The analysis of the needs of potential customers of car electrification using qualitative and quantitative methods has led to incredibly valuable insights for the development of the business model approach. A high openness to purchase was expressed, considering some of the factors mentioned, such as a test drive with an electrified car before purchase and a durability guarantee of the conversion. The high relevance of initial acquisition costs compared to operating expenses in the purchase decision for passenger cars is another precious insight. The business model approach developed based on the findings obtained differs fundamentally from the strategies of today's providers. By incorporating the existing infrastructure of workshops and service points, proximity to the end customer and scalability of the business operation can be achieved. Partnering with universities and industry are two critical elements in the development of a sustainable, secure, and user-friendly technical solution.

Electric Vehicles In Shared Fleets: Mobility Management, Business Models, And Decision Support Systems

Electric Vehicles In Shared Fleets: Mobility Management, Business Models, And Decision Support Systems
Author: Kenan Degirmenci
Publisher: World Scientific
Total Pages: 296
Release: 2022-04-28
Genre: Business & Economics
ISBN: 1800611439

Download Electric Vehicles In Shared Fleets: Mobility Management, Business Models, And Decision Support Systems Book in PDF, Epub and Kindle

The electrification of shared fleets offers numerous benefits, including the reduction of local emissions of pollutants, which leads to ecological improvements such as the improvement of air quality. Electric Vehicles in Shared Fleets considers a holistic concept for a socio-technical system with a focus on three core areas: integrated mobility solutions, business models for economic viability, and information systems that support decision-making for the successful implementation and operation of electric vehicles in shared fleets.In this book, we examine different aspects within these areas including multimodal mobility, grid integration of electric vehicles, shared autonomous electric vehicle services, relocation strategies in shared fleets, and the challenge of battery life of electric vehicles. Insights into the future of transport are provided, which is predicted to be shared, autonomous, and electric. This will require the expansion of the charging infrastructure to provide adequate premises for the electrification of transportation and to create market demand.

Business Model Pioneers

Business Model Pioneers
Author: Kai-Ingo Voigt
Publisher: Springer
Total Pages: 215
Release: 2016-07-28
Genre: Business & Economics
ISBN: 3319388452

Download Business Model Pioneers Book in PDF, Epub and Kindle

Business model innovations are conceived and implemented by a special type of entrepreneur: business model pioneers. This book presents 14 compelling case studies of business model pioneers and their companies, who have successfully introduced new business ideas to the market. The examples range from industries such as retail, media and entertainment to services and industrial projects. For each example, the book provides information on the market environment at the time of launch and illustrates the driving forces behind these business models. Moreover, current market developments are highlighted and linked to the evolution of the business models. Lastly, the authors present the profile of a typical business model pioneer.

Potential Business Models for Recharging Infrastructure and Their Implications for Plug-In Electric Vehicle Adoption

Potential Business Models for Recharging Infrastructure and Their Implications for Plug-In Electric Vehicle Adoption
Author: Rakesh Sridhar
Publisher:
Total Pages: 105
Release: 2019
Genre:
ISBN:

Download Potential Business Models for Recharging Infrastructure and Their Implications for Plug-In Electric Vehicle Adoption Book in PDF, Epub and Kindle

Plug-in Electric Vehicles are more efficient, have lower operating and maintenance costs, and emit fewer local air pollutants than conventional internal combustion engine vehicles. Despite these advantages, the customer adoption of plug-in electric vehicles has been slow due to their high purchase costs, limited driving range, and long recharging times. Construction of a ubiquitous network of high-power recharging stations has often been suggested as a solution to promote their adoption. Although many governments around the world are currently funding the construction of public recharging infrastructure, they cannot continue to provide support indefinitely. This necessitates a private sector-led effort to expand public recharging infrastructure for plug-in electric vehicles to become competitive with conventional vehicles. Unlike gasoline stations, public recharging infrastructure service fewer cars in a day, and hence, the traditional ancillary revenue based gasoline station business model will not be applicable. So, new, innovative business partnerships are required in the near term to support the construction of public recharging infrastructure until the demand from plug-in electric vehicles becomes significant enough to generate high revenues. Using a System Dynamics modeling approach, we modeled and simulated the electromobility eco-system comprising of electric vehicles and various types of public recharging infrastructure to determine the factors that influence the infrastructure's financial viability. We then conceptualized two business models that affect these factors to improve the cash flow and net income of public recharging infrastructure. Data from literature was used to calibrate one of the two business models, and we were able to prove that public recharging infrastructure can be constructed in a profitable way if the provider partnered with a taxi fleet. Once the business model was validated, we introduced it in the electromobility eco-system simulation to estimate its impact on the adoption of Battery Electric Vehicles. With the business model in action, the public recharging infrastructure expanded by 14% from earlier and resulted in a 7% increase in the adoption of plug-in battery electric vehicles by 2050.