Policy Perspective for Developing Electric Vehicle Ecosystem

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Author(s): Oliver Shivava Shirunda (Namibia University of Science and Technology, Namibia), Kalaluka Kanyimba (Namibia University of Science and Technology, Namibia)and K.S. Sastry Musti (Namibia University of Science and Technology, Namibia)
Copyright: 2024
Pages: 21
Source title: Ecosystem Dynamics and Strategies for Startups Scalability
Source Author(s)/Editor(s): Neeta Baporikar (Namibia University of Science and Technology, Namibia & SP Pune University, India)
DOI: 10.4018/979-8-3693-0527-0.ch009

Keywords: Business & Management / Business and Organizational Research / Business Science Reference / Entrepreneurship & Innovation

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Abstract

Use of electric vehicles (EVs) is rapidly increasing all over the world, and new ecosystems are being developed. The chapter investigates EV-ecosystems, possible business prospects, related challenges, and customer adaptation models linked to the mass adoption of EVs. Establishment of logistical support, EV charging infrastructure, overall energy requirements, possible changes in the demand response of the grid, impact on environment are presented. Geolocation studies for EV charging stations for Namibia are investigated. A simplified ecosystem for EV adaption with four major constituents for wider EV adaptation is proposed. In the end, the chapter makes recommendations for the best ways to mitigate various challenges linked with establishing a functional EV ecosystem in Namibia.

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Policy Perspective for Developing Electric Vehicle Ecosystem

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