EconPapers    
Economics at your fingertips  
 

Who will control the electric vehicle market

Bruno Jetin

Post-Print from HAL

Abstract: The second automobile revolution, the age of electrification and digitalisation, is on its way. It is a gradual transition and not a sudden break. However, millions of electric vehicles (EVs) are now being sold, and the EV market is becoming a mass market propelled by economies of scale. It is reflected in the drop in the cost of batteries which will bring the price of EVs on a par with the price of conventional vehicles in the coming decade. Nonetheless, two interrelated issues have been underestimated and will now decide who will play a dominant role and benefit the most from the EV market. The first is the relative scarcity of raw materials from which batteries are made. The second is that the primary EV market is China which gives its companies a strategic advantage for the supply of critical metals and the large-scale production of batteries. Our research analyses the fundamental role of natural resources for the control of the EV market and the response of governments to ensure access to them. We show the importance of industrial and diplomatic policies in a context of geostrategic rivalries of large powers.

Keywords: electric vehicle; battery electric vehicle; lithium-ion battery; materials; battery makers; carmakers (search for similar items in EconPapers)
Date: 2019-06-12
New Economics Papers: this item is included in nep-cwa, nep-ene and nep-tre
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-03193666
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in 27th International GERPISA Conference, Paradigm shift? The Automotive Industry in Transition, GERPISA, Jun 2019, Paris, France. ⟨10.1504/ijatm.2020.108584⟩

Downloads: (external link)
https://shs.hal.science/halshs-03193666/document (application/pdf)

Related works:
Journal Article: Who will control the electric vehicle market? (2020) Downloads
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:hal:journl:halshs-03193666

DOI: 10.1504/ijatm.2020.108584

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().

 
Page updated 2025-03-19
Handle: RePEc:hal:journl:halshs-03193666