Foresight, Organization Policies and Management Strategies in Electric Vehicle Technology Advances at Tesla

Akakpo, Alfred; Gyasi, Evans Akwasi; Oduro, Bentil; Akpabot, Sunny

doi:10.1007/978-3-319-94923-9_3

Cited by 9 publications

(5 citation statements)

References 7 publications

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“…As EVs become increasingly predominant, it is crucial to ensure the availability and accessibility of charging stations ubiquitously. The ultimate policy objective is to make charging EVs as easy and as effortless as refueling a conventional vehicle, eliminating any barriers for EVs to travel seamlessly while alleviating concerns like range anxiety [32][33][34][35]. The European Commission with its 2020 Sustainable and Smart Mobility Strategy identified a need for three million public charging points by 2030 [36,37], so as to guarantee a dense, widely spread network to all customers.…”

Section: Overview Of Charging Stations In Europementioning

confidence: 99%

Strategic Approach for Electric Vehicle Charging Infrastructure for Efficient Mobility along Highways: A Real Case Study in Spain

et al. 2023

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The Electric Vehicle (EV) market has been growing exponentially in recent years, which is why the distribution network of public charging stations will be subject to expansion and upgrading. In order to improve the public charging infrastructure, this paper aims to develop a model capable of analyzing the current situation of a stretch of highway, identifying the congestion points, created by the formation of queues at the charging points. A specific section of a highway in Spain was selected as a case study to evaluate the performance of the model, allowing for rigorous testing and thorough analysis of its performance in a real-world scenario. The first step is to define and evaluate the effects of factors affecting EV consumption, such as the slope of the road, weather conditions, and driving style. Subsequently, a simulation model is developed using the agent-based simulation software AnyLogic, which simulates the journey of a fleet of electric vehicles, taking into account the battery charging and discharging process. Based on the obtained results, the charging infrastructure is improved to minimize the total travel time of an electric vehicle on a long-distance trip.

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Section: Overview Of Charging Stations In Europementioning

confidence: 99%

Strategic Approach for Electric Vehicle Charging Infrastructure for Efficient Mobility along Highways: A Real Case Study in Spain

et al. 2023

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“…Tesla's CEO, Elon Musk, said that the company must invest in its reputation first, and think about profits before scaling up [7]. Therefore, in the first phase, Tesla adopted a skimming pricing strategy to enter the market.…”

Section: Management Strategymentioning

confidence: 99%

“…Tesla has institutionalized complementary partnerships to achieve better innovation performance. This model allows Tesla to focus more on the development of core components and battery technology [7]. Starting in 2020, Tesla has been pushing to internalize the manufacturing of key components.…”

Section: Production Costmentioning

confidence: 99%

The pricing strategies behind New Energy Vehicles price war: Taking Tesla and XPeng as examples

Zhu

2023

EHSS

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With the acceleration of the new energy vehicle industry, many automobile companies have entered the market and formed a competitive situation. Tesla, as the leader of the initial producer of energy storage equipment and new energy vehicles, further lowered the price at the beginning of the year and had a great impact on the price war of new energy vehicles. XPeng, an AI+Internet-based intelligent car manufacturer, followed Tesla’s pace in the price war. However, it can be found that XPeng’s revenue level is not up to expectations after the price reduction, while Tesla’s sales are increasing annually and its market share occupies the forefront. Therefore, the success of Tesla and the pricing strategy factors behind it can help XPeng, an emerging domestic automobile brand, find the current bottleneck and provide an important reference value for future development. This paper analyzes the development status of Tesla and XPeng and three factors affecting prices through case comparison. The study found that Tesla and XPeng differ in managerial decisions and production factors. XPeng has higher supply chain costs, no emerging battery technology, limited brand positioning, and insufficient demand. Hence, changes need to be made to enhance XPeng’s competitiveness.

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“…The reduction in employee wages may trigger their dissatisfaction and result in their resigning from Tesla. The company may also consider emphasis on equity-based award and benefits for employees, closely align the interests of employees with long-term development of the company as well as reduce the probability of employees' frequent job-hopping [11].…”

Section: Increasing Employee Salariesmentioning

confidence: 99%

The Comprehensive Competitiveness of Tesla Based on Financial Analysis: A Case Study

Qin¹,

Xiao²,

Yuan³

2021

Proceedings of the 2021 International Conference on Financial Management and Economic Transition (FMET 2021)

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Contemporarily, the new energy automobile industry has developed rapidly, which has attracted plenty of investors due to the great market potential. The increasing listed companies lead to fierce competition in this industry, i.e., it is crucial to analyse the comprehensive competitiveness of these companies for both industry and investors. Based on relative literatures, Tesla, a leader in the industry, is selected as a case to analyse. Specifically, we used Tesla's financial statements from 2018 to 2020 and compared the financial performance with other competitors in the industry. Through the case study method, the current issues of Tesla is pointed out, which have a negative impact on financial performance. Subsequently, some feasible suggestions are put forward accordingly. These results serve as a strong basis for the long-term investment value of listed companies and help investors make correct investment decisions.

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Foresight, Organization Policies and Management Strategies in Electric Vehicle Technology Advances at Tesla

Cited by 9 publications

References 7 publications

Strategic Approach for Electric Vehicle Charging Infrastructure for Efficient Mobility along Highways: A Real Case Study in Spain

Strategic Approach for Electric Vehicle Charging Infrastructure for Efficient Mobility along Highways: A Real Case Study in Spain

The pricing strategies behind New Energy Vehicles price war: Taking Tesla and XPeng as examples

The Comprehensive Competitiveness of Tesla Based on Financial Analysis: A Case Study

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