Business model design for Electric Commercial Vehicles (ECVs): An ecosystemic perspective

Rashid Dehkordi, Petri Ahokangas, Natasha Evers and Mika Sorvisto

Energy Policy, 2024, vol. 186, issue C

Abstract: Transport electrification has been identified as a key factor in reducing CO2 emissions. Nevertheless, integrating electric commercial vehicles (ECVs) in commercial fleets is far below its potential due to many related challenges. Such challenges can be interpreted as opportunities for new business models (BMs). This study aims to explore how freight transport companies who are considering electrifying their fleets can adopt an ecosystemic approach when designing novel BMs. It applies a holistic framework to the ECV ecosystem to identify a wide range of BM solutions that can potentially contribute to designing novel BMs. This paper employs a qualitative empirical case study supported by 26 semi-structured interviews with freight transportation experts in Finland and Sweden. It proposes several BM solutions using two sets of BM design themes and elements. Further, it highlights the complex interplay between design themes by investigating their different combinations. This study also suggests that policymakers should consider the ecosystemic perspective to better understand complex interdependencies between actors in the ECV ecosystem to help them identify barriers, opportunities, and collaborative approaches to facilitate ECV integration.

Keywords: Electric commercial vehicles; Business model; Business model design; Ecosystem (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0301421523005566
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:186:y:2024:i:c:s0301421523005566

DOI: 10.1016/j.enpol.2023.113971

Access Statistics for this article

Energy Policy is currently edited by N. France

More articles in Energy Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().