Sustainable business model perspectives for the electric vehicle industrythe case of battery second use

Resumen

The purpose of this doctoral research dissertation is to examine sustainable business model (SBM) perspectives for the rapidly developing Battery Second Use (B2U) market within the emerging electric vehicle (EV) industry. Previous research has shown that a global mass market adoption of electric vehicles (EVs) is still hindered by the high costs of lithium-ion batteries (LIBs). Repurposing degraded EV batteries in second use applications holds the potential to reduce first-cost impediments of EVs. The research on new business models is limited. The ones that emerge rapidly within the EV and battery second use (B2U) industries focus mainly on economic aspects without integrating social and environmental dimensions. Simultaneously, the emerging research topic around sustainable business models (SBMs) seem to be able to bridge the environmental management concerns in conjunction with economic and social changes.This thesis further develops and extends extant literature by addressing this paucity through offering an interdisciplinary approach by drawing upon key perspectives from the emerging sustainable technology of EVs and its underlying B2U market in relation to SBMs. The research entails both, qualitative and quantitative assessments, to examine the correlation between SBMs and B2U. Major results indicate that B2U has led to innovative cross-sectoral multi stakeholder business relationships, particularly relevant for the previously isolated automotive and energy markets that are now investigating the full potential of second life batteries and hence new business opportunities for the first time in history. B2U holds the potential to facilitate current unsustainable practices in the EV industry. This in turn, will lead towards a faster EV market uptake and improvements of overall sustainability performance through SBM perspectives. Therefore, it was discovered that prospective innovative business models for B2U, which take a multi-stakeholder network centric business model design rather than firm-centric one, may prove to be a viable business case for sustainability. It was further unearthed that B2U leads to shared sustainable value creation mechanism for the EV industry (and newly emerging stakeholders) as part of innovative SBMs. Therefore, this doctoral dissertation proposes a new B2U innovative business model framework that records and explains the stakeholder relationships as an innovative and forming phenomenon, as well as opens new roads for future discussion among researchers and practitioners. This doctoral dissertation has addressed a paucity and inter-disciplinary literature gap and met an industrial and academic need accordingly. Overall, a new research stream emerges on SBMs for EV B2U and it is hoped that more contributions will follow to increase the impact and value of sustainable waste & resource management and the circular economy.