Abstract
In recent years, a series of incidents have drawn society’s attention to issues of environmental awareness and energy security. As a result, electric vehicles (hereafter, “EV”) are attracting attention around the world. To stimulate their economies, countries are preparing measures and policies to acquire EV-related core technologies and develop new markets quickly. In this paper, we argue that, given these circumstances, the development of open source businesses in the EV industry will contribute to solving a wide variety of problems, from industry-specific to social issues. Furthermore, we advance the hypothesis that this strategy may prove to be a model both sustainable and profitable. We qualitatively evaluate the utility of our hypothesis on the basis of the SIM-Drive Corporation’s actual performance, which has been promoting a similar business model in the EV industry.
Highlights
Today, the auto industry is experiencing its third EV boom
We argue that, given these circumstances, the development of open source businesses in the EV industry will contribute to solving a wide variety of problems, from industry-specific to social issues
In terms of the industry shift toward lateral business models, which has been regarded as an important challenge, SIM-Drive Corporation has reported that it has successfully established a new network among companies
Summary
The first boom resulted from emission controls established because of serious air pollution in the 1970s. The second boom came about because of the California ZEV (Zero Emission Vehicle) Regulations stemming from air pollution in California. The background behind the current boom includes a technical element, as technologies have been developed to a practical level. Such circumstances have lead to expectations that our society will enhance EV technologies and expand business opportunities. To respond to such expectations, the auto industry, new players from other industries, as well as nations and their governments have begun considering full-scale strategies across a wide range of fields
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