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Business Model Innovation for Electric Energy Substitution: The Case of Electric Vehicles

In: Proceedings of the 2023 3rd International Conference on Financial Management and Economic Transition (FMET 2023)

Author

Listed:
  • Kailiang Ge

    (State Grid Ningbo Electric Power Supply Company)

  • Tao Zeng

    (State Grid Yuyao Power Supply Company)

  • Leijie He

    (State Grid Ningbo Electric Power Supply Company)

Abstract

With the increasing energy shortage and environmental pollution problems, electric energy substitution has become one of the important ways to solve energy problems and reduce pollution emissions. As a representative electric energy substitution project, the innovation of its business model is crucial to promote the development of the electric vehicle industry. Therefore, this paper focuses on the subject and business model of the electric energy replacement project, and on this basis, takes the electric vehicle as the research object, analyzes its market characteristics and obstacles, and innovatively puts forward three business models according to the profit, operation and maintenance subject of the electric vehicle project. Finally, some suggestions on the future development of the business model of electric energy replacement projects, including electric vehicles, are put forward.

Suggested Citation

  • Kailiang Ge & Tao Zeng & Leijie He, 2024. "Business Model Innovation for Electric Energy Substitution: The Case of Electric Vehicles," Advances in Economics, Business and Management Research, in: Vilas Gaikar & Min Hou & Yan Li & Yan Ke (ed.), Proceedings of the 2023 3rd International Conference on Financial Management and Economic Transition (FMET 2023), pages 138-154, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-272-9_15
    DOI: 10.2991/978-94-6463-272-9_15
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