IDEAS home Printed from https://ideas.repec.org/p/hal/journl/halshs-03193666.html
   My bibliography  Save this paper

Who will control the electric vehicle market

Author

Listed:
  • Bruno Jetin

    (CEPN - Centre d'Economie de l'Université Paris Nord - UP13 - Université Paris 13 - USPC - Université Sorbonne Paris Cité - CNRS - Centre National de la Recherche Scientifique)

Abstract

The second automobile revolution, the age of electrification and digitalisation, is on its way. It is a gradual transition and not a sudden break. However, millions of electric vehicles (EVs) are now being sold, and the EV market is becoming a mass market propelled by economies of scale. It is reflected in the drop in the cost of batteries which will bring the price of EVs on a par with the price of conventional vehicles in the coming decade. Nonetheless, two interrelated issues have been underestimated and will now decide who will play a dominant role and benefit the most from the EV market. The first is the relative scarcity of raw materials from which batteries are made. The second is that the primary EV market is China which gives its companies a strategic advantage for the supply of critical metals and the large-scale production of batteries. Our research analyses the fundamental role of natural resources for the control of the EV market and the response of governments to ensure access to them. We show the importance of industrial and diplomatic policies in a context of geostrategic rivalries of large powers.

Suggested Citation

  • Bruno Jetin, 2019. "Who will control the electric vehicle market," Post-Print halshs-03193666, HAL.
    • Handle: RePEc:hal:journl:halshs-03193666
    DOI: 10.1504/ijatm.2020.108584
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-03193666
    as

    Download full text from publisher

    File URL: https://shs.hal.science/halshs-03193666/document
    Download Restriction: no
    File URL: https://libkey.io/10.1504/ijatm.2020.108584?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Marc Wentker & Matthew Greenwood & Jens Leker, 2019. "A Bottom-Up Approach to Lithium-Ion Battery Cost Modeling with a Focus on Cathode Active Materials," Energies, MDPI, vol. 12(3), pages 1-18, February.
    2. Sergio Tadeu Gonçalves Muniz & Bruce M. Belzowski, 2017. "Platforms to enhance electric vehicles' competitiveness," International Journal of Automotive Technology and Management, Inderscience Enterprises Ltd, vol. 17(2), pages 151-168.
    3. Knut Einar Rosendahl & Diana Roa Rubiano, 2019. "How Effective is Lithium Recycling as a Remedy for Resource Scarcity?," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 74(3), pages 985-1010, November.
    4. Marcos Amatucci & Eduardo Eugenio Spers, 2010. "The Brazilian biofuel alternative," International Journal of Automotive Technology and Management, Inderscience Enterprises Ltd, vol. 10(1), pages 37-55.
    5. Abel Ortego & Alicia Valero & Antonio Valero & Eliette Restrepo, 2018. "Vehicles and Critical Raw Materials: A Sustainability Assessment Using Thermodynamic Rarity," Journal of Industrial Ecology, Yale University, vol. 22(5), pages 1005-1015, October.
    6. Heike Proff, 2011. "What will happen to Brazilian automotive subsidiaries after their parent companies make the transition to electric mobility?," International Journal of Automotive Technology and Management, Inderscience Enterprises Ltd, vol. 11(4), pages 356-375.
    7. Michel Freyssenet, 2011. "Three possible scenarios for cleaner automobiles," International Journal of Automotive Technology and Management, Inderscience Enterprises Ltd, vol. 11(4), pages 300-311.
    8. Michel Freyssenet, 2012. "The Second Automotive Revolution Is Under Way: Scenarios in Confrontation," Palgrave Macmillan Books, in: Giuseppe Calabrese (ed.), The Greening of the Automotive Industry, chapter 17, pages 304-322, Palgrave Macmillan.
    9. Amela Ajanovic & Reinhard Haas, 2018. "Electric vehicles: solution or new problem?," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 20(1), pages 7-22, December.
    10. Tuan Yuen KONG, 2016. "New Energy Vehicles Industry in China: Developments and Challenges," East Asian Policy (EAP), World Scientific Publishing Co. Pte. Ltd., vol. 8(03), pages 87-99, July.
    11. Carley, Sanya & Zirogiannis, Nikolaos & Siddiki, Saba & Duncan, Denvil & Graham, John D., 2019. "Overcoming the shortcomings of U.S. plug-in electric vehicle policies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 113(C), pages 1-1.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Bruno Jetin, 2023. "Electric batteries and critical materials dependency: a geopolitical analysis of the USA and the European Union," Post-Print halshs-04381144, HAL.
    2. Gracia, Manuel & Paz, María J. & Rísquez, Mario, 2024. "Analysis of the transition to electric vehicles in Europe from a core-periphery approach," Structural Change and Economic Dynamics, Elsevier, vol. 69(C), pages 652-663.
    3. Bruno Jetin, 2025. "Demographic Trends, Employment and Diversification in Brunei Darussalam: An International Perspective [Tendances démographiques, emploi et diversification au Brunei Darussalam : une perspective int," Post-Print halshs-04965740, HAL.
    4. Petr Pavlínek, 2023. "Transition of the automotive industry towards electric vehicle production in the east European integrated periphery," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 50(1), pages 35-73, February.
    5. Charles Lincoln Kenji Yamamura & Harmi Takiya & Cláudia Aparecida Soares Machado & José Carlos Curvelo Santana & José Alberto Quintanilha & Fernando Tobal Berssaneti, 2022. "Electric Cars in Brazil: An Analysis of Core Green Technologies and the Transition Process," Sustainability, MDPI, vol. 14(10), pages 1-19, May.
    6. Bruno Jetin, 2021. "Trade linkages and supply chains of Personal Protective Equipment (PPE) and vaccines in ASEAN during the COVID-19 pandemic," Post-Print hal-03471905, HAL.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Anthony L. Cheng & Erica R. H. Fuchs & Valerie J. Karplus & Jeremy J. Michalek, 2024. "Electric vehicle battery chemistry affects supply chain disruption vulnerabilities," Nature Communications, Nature, vol. 15(1), pages 1-11, December.
    2. Marco Compagnoni & Marco Grazzi & Fabio Pieri & Chiara Tomasi, 2025. "Extended Producer Responsibility and Trade Flows in Waste: The Case of Batteries," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 88(1), pages 43-76, January.
    3. Zunian Luo, 2022. "Powering Up a Slow Charging Market: How Do Government Subsidies Affect Charging Station Supply?," Papers 2210.14908, arXiv.org, revised Jan 2023.
    4. F. P. Brito & Jorge Martins & Francisco Lopes & Carlos Castro & Luís Martins & A. L. N. Moreira, 2020. "Development and Assessment of an Over-Expanded Engine to be Used as an Efficiency-Oriented Range Extender for Electric Vehicles," Energies, MDPI, vol. 13(2), pages 1-18, January.
    5. Ba, Bocar Samba & Soubeyran, Raphael, 2023. "Hotelling and recycling," Resource and Energy Economics, Elsevier, vol. 72(C).
    6. Duffner, Fabian & Mauler, Lukas & Wentker, Marc & Leker, Jens & Winter, Martin, 2021. "Large-scale automotive battery cell manufacturing: Analyzing strategic and operational effects on manufacturing costs," International Journal of Production Economics, Elsevier, vol. 232(C).
    7. Riggs, William & Kawashima, Matt & Batstone, David, 2021. "Exploring best practice for municipal e-scooter policy in the United States," Transportation Research Part A: Policy and Practice, Elsevier, vol. 151(C), pages 18-27.
    8. Roa, Diana & Navrud, Ståle & Rosendahl, Knut Einar, 2023. "Accounting for unintended ecological effects of our electric future: Optimizing lithium mining and biodiversity preservation in the Chilean High-Andean wetlands," Resource and Energy Economics, Elsevier, vol. 75(C).
    9. P. Abirami & C. N. Ravi, 2022. "Enhancing grid stability by maintaining power quality in distribution network using FOPID and ANN controlled shunt active filter," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(6), pages 7551-7578, June.
    10. Tian, Xu & Geng, Yong & Sarkis, Joseph & Gao, Cuixia & Sun, Xin & Micic, Tatyana & Hao, Han & Wang, Xin, 2021. "Features of critical resource trade networks of lithium-ion batteries," Resources Policy, Elsevier, vol. 73(C).
    11. Lopez, Neil Stephen & Tria, Lew Andrew & Tayo, Leo Allen & Cruzate, Rovinna Janel & Oppus, Carlos & Cabacungan, Paul & Isla, Igmedio & Ansay, Arjun & Garcia, Teodinis & Cabarrubias-Dela Cruz, Kevien &, 2021. "Societal cost-benefit analysis of electric vehicles in the Philippines with the inclusion of impacts to balance of payments," Renewable and Sustainable Energy Reviews, Elsevier, vol. 150(C).
    12. Alexander Cunningham, 2024. "Assessing the feasibility of deep-seabed mining of polymetallic nodules in the Area of seabed and ocean floor beyond the limits of national jurisdiction, as a method of alleviating supply-side issues ," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 37(2), pages 207-226, June.
    13. Lafforgue, Gilles & Lorang, Etienne, 2022. "Recycling under environmental, climate and resource constraints," Resource and Energy Economics, Elsevier, vol. 67(C).
    14. Ran, Cuiling & Zhang, Yanzi & Yin, Ying, 2021. "Demand response to improve the shared electric vehicle planning: Managerial insights, sustainable benefits," Applied Energy, Elsevier, vol. 292(C).
    15. Fansheng Meng & Xiaoye Jin, 2019. "Evaluation of the Development Capability of the New Energy Vehicle Industry: An Empirical Study from China," Sustainability, MDPI, vol. 11(9), pages 1-19, May.
    16. Yang, Shubo & Jahanger, Atif & Balsalobre-Lorente, Daniel, 2024. "Sustainable resource management in China's energy mining sector: A synthesis of development and conservation in the FinTech era," Resources Policy, Elsevier, vol. 89(C).
    17. Jia Guo & Yaqi Li & Kjeld Pedersen & Daniel-Ioan Stroe, 2021. "Lithium-Ion Battery Operation, Degradation, and Aging Mechanism in Electric Vehicles: An Overview," Energies, MDPI, vol. 14(17), pages 1-22, August.
    18. Daniele Stampatori & Pier Paolo Raimondi & Michel Noussan, 2020. "Li-Ion Batteries: A Review of a Key Technology for Transport Decarbonization," Energies, MDPI, vol. 13(10), pages 1-23, May.
    19. Oliver Heidrich & Alistair C. Ford & Richard J. Dawson & David A. C. Manning & Eugene Mohareb & Marco Raugei & Joris Baars & Mohammad Ali Rajaeifar, 2022. "LAYERS: A Decision-Support Tool to Illustrate and Assess the Supply and Value Chain for the Energy Transition," Sustainability, MDPI, vol. 14(12), pages 1-19, June.
    20. Indra Gunawan & Anak Agung Ngurah Perwira Redi & Ahmad Arif Santosa & Meilinda Fitriani Nur Maghfiroh & Andante Hadi Pandyaswargo & Adji Candra Kurniawan, 2022. "Determinants of Customer Intentions to Use Electric Vehicle in Indonesia: An Integrated Model Analysis," Sustainability, MDPI, vol. 14(4), pages 1-22, February.

    More about this item

    Keywords

    electric vehicle; battery electric vehicle; lithium-ion battery; materials; battery makers; carmakers;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:halshs-03193666. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.