Business Models and Ecosystems in the Circular Economy Using the Example of Battery Second Use Storage Systems

David Meyer (), Nils Schaupensteiner and Johannes Riquel
Additional contact information
David Meyer: Chair of General Business Administration and International Automotive Management, University of Duisburg-Essen, 47057 Duisburg, Germany
Nils Schaupensteiner: MHP Management- und IT-Beratung GmbH, 71638 Ludwigsburg, Germany
Johannes Riquel: MHP Management- und IT-Beratung GmbH, 71638 Ludwigsburg, Germany

Sustainability, 2024, vol. 16, issue 5, 1-25

Abstract: The battery electric drive is an important component of sustainable mobility. However, this is associated with energy-intensive battery production and high demand for raw materials. The circular economy can be used to overcome these barriers. In particular, the secondary use of batteries in stationary energy storage systems (B2U storage systems) has been proposed for the circularity of electromobility. To implement such systems, a circular business model and a cross-industry ecosystem are required. However, the meaning, scope, and structure of these concepts have received little research to date. To close this gap, a theoretical construct for a circular business model based on the theory of business model, sustainability, circular economy, and ecosystem must be developed. On this basis, 16 expert interviews were conducted and analyzed using qualitative content analysis. Numerous challenges resulted from the analysis. The willingness to pay for B2U storage systems is limited, the availability of second-life batteries is restricted, and dismantling as well as testing the batteries is time-consuming. Product-service systems help to increase the willingness to pay and expand the value proposition and value capture, digital technologies realize cost-efficient value creation, and an effective ecosystem enables the expansion of battery procurement.

Keywords: second life; B2U; circular business model; ecosystem; circular economy; sustainability (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.mdpi.com/2071-1050/16/5/1906/pdf (application/pdf)
https://www.mdpi.com/2071-1050/16/5/1906/ (text/html)

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:gam:jsusta:v:16:y:2024:i:5:p:1906-:d:1346044

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().