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A Chinese Kandi Recipe: One Part Sustainability And One Part Entrepreneurial Spirit

Author

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  • William E. Bealing, Jr
  • Edward Pitingolo

Abstract

The call for environmentally sustainable business practices is growing in momentum. As supplies of fossil fuels decline, damages from environmental disasters mount and radical climatic effects appear, the logical result is that organizations operate in a more eco-friendly fashion. This paper examines the efforts of one Chinese automobile company, Kandi Technologies Group, Inc., to deal with the level of air pollution in China. Kandi and various end users may be in the process of transforming the way consumers think about and use automobiles. The Kandi Model is one where customers no longer own, but rather lease or share electric vehicles. Implications for the number of privately owned vehicles, air quality, and urban congestion are provided.

Suggested Citation

  • William E. Bealing, Jr & Edward Pitingolo, 2016. "A Chinese Kandi Recipe: One Part Sustainability And One Part Entrepreneurial Spirit," Review of Business and Finance Studies, The Institute for Business and Finance Research, vol. 7(2), pages 11-20.
    • Handle: RePEc:ibf:rbfstu:v:7:y:2016:i:2:p:11-20
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    More about this item

    Keywords

    Sustainability; Car Sharing; Electric Vehicle (EV); Kandi Technologies; Grid Stabilization;
    All these keywords.

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • M48 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Government Policy and Regulation
    • M49 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Other

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