Title: Which developing countries are ripe for electric vehicle investment? An analytical framework
Authors: Wale Arowolo; Yannick Perez
Addresses: Sustainable Economy Group, Department of Industrial Engineering, CentraleSupélec (Paris Saclay University), 3 Rue Joliot Curie, 91190 Gif-sur-Yvette Cedex, France ' Sustainable Economy Group, Department of Industrial Engineering, CentraleSupélec (Paris Saclay University), 3 Rue Joliot Curie, 91190 Gif-sur-Yvette Cedex, France
Abstract: While some developed countries (especially in the West) are making some progress in electrifying their transport sector with electric vehicles, it is also important to focus on developing countries since the climate change challenge is global. This paper contributes knowledge on transport electrification in developing countries. First, we analyse the evolution of the industrial organisation of electric utilities. Second, we discuss the interaction of electric utilities with the increased uptake of electric mobility in the context of the megatrends of decarbonisation, digitalisation, decentralisation, demand disruption and disintermediation in developing countries. Then, we develop an analytical framework as a decision-support tool to provide insight to policymakers, utilities, regulators, and stakeholders willing to invest in electric mobility in developing countries.
Keywords: electric mobility; electric utilities; industrial organisation; developing countries.
DOI: 10.1504/IJATM.2023.133359
International Journal of Automotive Technology and Management, 2023 Vol.23 No.2/3, pp.322 - 338
Received: 26 Jan 2023
Accepted: 18 Apr 2023
Published online: 13 Sep 2023 *