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Business Model Development for Autonomous Electric Vehicles in Shared Fleets in Multinational Original Equipment Manufacturers (OEMs)

In: Electric Vehicles in Shared Fleets Mobility Management, Business Models, and Decision Support Systems

Author

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  • Lutz Göcke
  • Philip Meier

Abstract

This chapter addresses the two-fold challenge for multinational Original Equipment Manufacturers (OEMs) to develop/adapt business models to the disruptive technological developments associated with shared fleets of autonomous electric vehicles (SAEVs). The promises of SAEVs are to increase road safety, to decrease traffic congestion, to optimise energy consumption, and to convert parking areas into living spaces (e.g., houses, parks). The prediction for autonomous vehicles in the USA in 2045 varies between 24.8% and 87.2% (Bansel and Kockelman 2017). Diffusion of autonomous vehicles is not only dependent on the technological capabilities and the regulations but also on the business models designed to create and capture value. These business models are co-evolving with technologies, user preferences, infrastructures, and regulations into a new socio-technical system of mobility. The emerging socio-technical systems will vary by country or even by city. In order to cope with the differences, some OEMs are creating multinational fields of experimentation to identify suitable business models for a particular setting.

Suggested Citation

  • Lutz Göcke & Philip Meier, 2022. "Business Model Development for Autonomous Electric Vehicles in Shared Fleets in Multinational Original Equipment Manufacturers (OEMs)," World Scientific Book Chapters, in: Kenan Degirmenci & Thomas M Cerbe & Wolfgang E Pfau (ed.), Electric Vehicles in Shared Fleets Mobility Management, Business Models, and Decision Support Systems, chapter 6, pages 125-144, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9781800611429_0006
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    More about this item

    Keywords

    Electric Vehicles; Shared Fleets; Carsharing; Mobility; Mobility Management; Business Models; Decision Support Systems; Information Systems;
    All these keywords.

    JEL classification:

    • L9 - Industrial Organization - - Industry Studies: Transportation and Utilities
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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