A CHINESE KANDI RECIPE: ONE PART SUSTAINABILITY AND ONE PART ENTREPRENEURIAL SPIRIT

William E. Bealing, Jr and Edward Pitingolo

Review of Business and Finance Studies, 2016, vol. 7, issue 2, 11-20

Abstract: The call for environmentally sustainable business practices is growing in momentum. As supplies of fossil fuels decline, damages from environmental disasters mount and radical climatic effects appear, the logical result is that organizations operate in a more eco-friendly fashion. This paper examines the efforts of one Chinese automobile company, Kandi Technologies Group, Inc., to deal with the level of air pollution in China. Kandi and various end users may be in the process of transforming the way consumers think about and use automobiles. The Kandi Model is one where customers no longer own, but rather lease or share electric vehicles. Implications for the number of privately owned vehicles, air quality, and urban congestion are provided.

Keywords: Sustainability; Car Sharing; Electric Vehicle (EV); Kandi Technologies; Grid Stabilization (search for similar items in EconPapers)
JEL-codes: M41 M48 M49 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:ibf:rbfstu:v:7:y:2016:i:2:p:11-20

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