Preconditions of Circular Business Model Innovation for the Electric Vehicle Battery Second Life: An Ecosystem Perspective

Reza Toorajipour*, Koteshwar Chirumalla, Vinit Parida, Glenn Johansson, Erik Dahlquist, Fredrik Wallin

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingArticle in proceedingsResearchpeer-review

Abstract

There is a strong interconnection between transportation and sustainability. Therefore, electric vehicles (EVs) have received a great deal of attention, and their sales and market share have been growing rapidly. Soon, a huge amount of EV batteries will reach their end of life that need to be handled appropriately. The second life applications are suggested as a potential solution. However, to implement such applications, there is a need to shift towards new business models, which have a central focus on circularity. Therefore, this paper studies preconditions of circular business model innovation (CBMI) for the electric vehicle battery second life from the ecosystem perspective. It also identifies current (as is) and upcoming (to be) business models. Data has been collected from fourteen companies representing the electric vehicle battery second life (EVBSL) ecosystem. Results show three types of current and three types of upcoming business models in the EVBSL ecosystem. Further, four preconditions for CBMI were found, namely, 2nd life value proposition, 2nd life value network development, 2nd life-based revenue model, and digital technologies.

Original languageEnglish
Title of host publicationMoving Integrated Product Development to Service Clouds in the Global Economy - Proceedings of the 21st ISPE Inc. International Conference on Concurrent Engineering, CE 2014 : Proceedings of the 10th Swedish Production Symposium
EditorsAmos H. C. Ng, Anna Syberfeldt, Dan Högberg, Magnus Holm
Number of pages13
Place of PublicationAmsterdam
PublisherIOS Press
Publication date2022
Pages279-291
ISBN (Print)9781643682686
ISBN (Electronic)9781643682693
DOIs
Publication statusPublished - 2022
Externally publishedYes
EventThe 10th Swedish Production Symposium. SPS 2022: Industry 5.0 Transformation – Towards a Sustainable, Human-Centric, and Resilient Production - Högskolan i Skövde, Skovde, Sweden
Duration: 26 Apr 202229 Apr 2022
Conference number: 10
https://produktion2030.se/tech/sps2022-the-10th-swedish-production-symposium/

Conference

ConferenceThe 10th Swedish Production Symposium. SPS 2022
Number10
LocationHögskolan i Skövde
Country/TerritorySweden
CitySkovde
Period26/04/202229/04/2022
Internet address
SeriesAdvances in Transdisciplinary Engineering
Volume21

Keywords

  • Battery second life
  • Circular business model innovation
  • Ecosystem collaboration
  • EV battery

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