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

An Electric Vehicle Conversion Start-Up. Development of a Business Model Approach PDF Author: Fabian Hoeft
Publisher: GRIN Verlag
ISBN: 3346041980
Category : Business & Economics
Languages : en
Pages : 373

Book Description
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.

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

An Electric Vehicle Conversion Start-Up. Development of a Business Model Approach PDF Author: Fabian Hoeft
Publisher: GRIN Verlag
ISBN: 3346041980
Category : Business & Economics
Languages : en
Pages : 373

Book Description
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 Vehicle Business Models

Electric Vehicle Business Models PDF Author: David Beeton
Publisher: Springer
ISBN: 3319122444
Category : Technology & Engineering
Languages : en
Pages : 271

Book Description
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.

Future Trends in Production Engineering

Future Trends in Production Engineering PDF Author: Günther Schuh
Publisher: Springer Science & Business Media
ISBN: 3642244912
Category : Technology & Engineering
Languages : en
Pages : 393

Book Description
To meet and adapt to the current and future trends and issues in technology and society, the science committee of The German Academic Society for Production Engineering (WGP) continues to define future topics for production technology. These themes represent not only the key focus for the scientific work of the WGP, but also the central themes of the first annual conference in June 2011, whose paper is publically available in this volume. Such themes, including electric mobility, medical technology, lightweight construction, and resource efficiency, as well as mass production ability have all been identified as future, large-scale, and long-term drivers of change. Future trends influence changes sustainably and fundamentally; they permeate society, technology, economics, and value systems and have an effect in virtually all areas of life. The WGP has, as part of its research, established for itself the goal of not only observing these emerging changes, but also of supervising and influencing their development in order to ensure steady progress, secure sustainability, and shape the future.

Energy Systems

Energy Systems PDF Author: Leon Liebenberg
Publisher: John Wiley & Sons
ISBN: 1119869463
Category : Technology & Engineering
Languages : en
Pages : 725

Book Description
ENERGY SYSTEMS Reimagine the future of energy production and use with this innovative and state-of-the-art guide This multidisciplinary and comprehensive text features an up-to-date summary of salient energy technologies for quick reference by students and practitioners of energy engineering. Uniquely, the book employs a guided self-study approach with theory provided in “bite-sized” chunks, several worked examples, quantitative and qualitative practice problems, 10 real-world mini-projects, and interviews with young energy innovators and engineering students. The book poses many big and pressing questions, asking the reader to “reimagine our future,” particularly with a focus on sustainable energy. These questions are aligned with characteristics of an entrepreneurial mindset, which are emphasized throughout the book. The book reviews the fundamentals of thermodynamics, fluid mechanics, and quantum mechanics. Chapters explore the full range of energy conversion technologies, including energy supply and demand, the science of global warming, interpretations of sustainability, chemical fuels, carbon capture and storage, internal and external combustion engines, vapor power and refrigeration plants, nuclear power, solar-electricity, solar-heat, fuel cells, wind energy, water energy, and energy storage. The book ends with a brief investigation into what we can do to decarbonize the transportation, industry, buildings, and electric power sectors. Energy Systems: A Project-Based Approach to Sustainability Thinking for Energy Conversion Systems offers an accessible overview of this important subject with an innovative, easy-to-use organization. Built to facilitate active learning and representing the latest research and industrial practice, Energy Systems provides readers with tools and information to evaluate energy systems and to reimagine potential energy solutions. Readers of Energy Systems will also find: Organization designed to blend seamlessly with a 14-week course schedule A balance of robust theoretical and industry-related knowledge and real-world examples throughout Teaching resources including mini-projects, practice problems, remedial appendices, and online study notes Energy Systems is ideal for students and instructors in courses relating to Energy Conversion Systems, Energy Science, Sustainable/Renewable Energy, and the interrelated Social, Technological, Economic, Environmental, and Political aspects. The book will also appeal to practitioners of energy engineering via the numerous state-of-the-art summaries and real-world problems.

Popular Science

Popular Science PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 164

Book Description
Popular Science gives our readers the information and tools to improve their technology and their world. The core belief that Popular Science and our readers share: The future is going to be better, and science and technology are the driving forces that will help make it better.

Introduction to Information Systems

Introduction to Information Systems PDF Author: R. Kelly Rainer
Publisher: John Wiley & Sons
ISBN: 1394165714
Category : Computers
Languages : en
Pages : 626

Book Description
Introduction to Information Systems, 10th Edition teaches undergraduate business majors how to use information technology to master their current or future jobs. Students will see how global businesses use technology and information systems to increase their profitability, gain market share, develop and improve their customer relations, and manage daily operations. This course demonstrates that IT is the backbone of any business, whether a student is majoring in accounting, finance, marketing, human resources, production/operations management, or MIS. In short, students will learn how information systems provide the foundation for all modern organizations, whether they are public sector, private sector, for-profit, or not-for-profit.

Sustainable Cities and Military Installations

Sustainable Cities and Military Installations PDF Author: Igor Linkov
Publisher: Springer
ISBN: 9400771614
Category : Science
Languages : en
Pages : 427

Book Description
Access to reliable and affordable energy, water, and services is an important determinant of the prosperity of cities along with effective mission sustainment at military installations. The idea for this book was conceived at the NATO Advanced Research Workshop (ARW) in June 2012 in Hella, Iceland. The workshop was attended by 50 scientists, engineers, and policymakers representing 15 different nations and multiple fields of expertise, reflecting the global and interdisciplinary nature of climate change and sustainability research. The focus of the workshop was on ways in which military installations and small cities can integrate energy, water, and infrastructure sustainability strategies into city and installation management plans that account for climate change uncertainties. The organization of the book reflects major topic sessions and discussions during the workshop.

Smart Grid Systems

Smart Grid Systems PDF Author: N. Ramesh Babu
Publisher: CRC Press
ISBN: 1351618105
Category : Science
Languages : en
Pages : 208

Book Description
Electric power systems are being transformed from older grid systems to smart grids across the globe. The goals of this transition are to address today’s electric power issues, which include reducing carbon footprints, finding alternate sources of decaying fossil fuels, eradicating losses that occur in the current available systems, and introducing the latest information and communication technologies (ICT) for electric grids. The development of smart grid technology is advancing dramatically along with and in reaction to the continued growth of renewable energy technologies (especially wind and solar power), the growing popularity of electric vehicles, and the continuing huge demand for electricity. Smart Grid Systems: Modeling and Control advances the basic understanding of smart grids and focuses on recent technological advancements in the field. This book provides a comprehensive discussion from a number of experts and practitioners and describes the challenges and the future scope of the technologies related to smart grid. Key features: provides an overview of the smart grid, with its needs, benefits, challenges, existing structure, and possible future technologies discusses solar photovoltaic (PV) system modeling and control along with battery storage, an integral part of smart grids discusses control strategies for renewable energy systems, including solar PV, wind, and hybrid systems describes the inverter topologies adopted for integrating renewable power covers the basics of the energy storage system and the need for micro grids describes forecast techniques for renewable energy systems presents the basics and structure of the energy management system in smart grids, including advanced metering, various communication protocols, and the cyber security challenges explores electric vehicle technology and its interaction with smart grids

Electric Vehicles

Electric Vehicles PDF Author: Joao Vitor Fernandes Serra
Publisher: Routledge
ISBN: 1136452087
Category : Business & Economics
Languages : en
Pages : 215

Book Description
Modern electric vehicles (EVs) are well suited to most people's general transport needs. Despite this, their adoption at a large scale has been grindingly slow. What are the reasons for this? Unlike most books which focus on the technical aspects of EV performance, this guide sets out the commercial and political barriers to their increased use and lays out the ways in which these barriers can be overcome. It begins by charting the rise of the internal combustion engine, and detailing the problems associated with it which are driving efforts to electrify transportation. It goes on to introduce readers to the main EV technologies and examines the key issue of energy storage and recharging infrastructure. The remaining chapters explore the cost-effectiveness of electric mobility, the differing adoption trajectories by which EVs may come to increase in prominence, and the way in which policy can be tailored to encourage this rise. The book covers industrialized and emerging economy contexts, the latter of which have the greatest opportunities – and most urgent need – to take the EV development route. Requiring no specialist engineering knowledge to understand and written in an engaging, accessible style, this is a valuable primer and resource for people in business, policy or study who are keen to understand, encourage and capitalize on the transition to electric mobility.

Digital Entrepreneurship

Digital Entrepreneurship PDF Author: Ronny Baierl
Publisher: Springer
ISBN: 3030201384
Category : Business & Economics
Languages : en
Pages : 208

Book Description
Digital technologies have become a new economic and social force, reshaping traditional business models, strategies, structures, and processes. Digital entrepreneurship, which focuses on creating new ventures and transforming existing businesses by developing novel digital technologies or their novel usage, is seen as a critical pillar for economic growth, job creation, and innovation by many countries. Further, digital technologies have also enabled the growth of the sharing economy, linking owners and users and disrupting the previous dualism of businesses and customers.This volume discusses the management of new technology-based firms and technology projects initiated in academic or industrial contexts. The contributions feature new theoretical concepts, ethical considerations, empirical data analysis (qualitative and quantitative), archival and historical methods, design science approaches, action and field research, as well as management science methods, informatics and cybernetics.