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What is a Business Model?

What is a business model? What business models are applicable to EVs? What is the charging infrastructure for EVs?
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A business model is a concise and strategic framework that outlines how a company creates, delivers, and captures value. It encompasses the core elements of a business, including its products or services, target customers, revenue streams, cost structure, and key partnerships. A well-defined business model provides a clear understanding of how the company operates, generates revenue, and sustains profitability, serving as a roadmap for its success and growth in the marketplace.

Here is an overview of other definitions from various authors:

Three text boxes, including different definitions of what a business model is from the perspective of three authors.Click to expand

Definitions of business model. PEM Motion (2023)

Business models play a crucial role in the succes of any organization, providing a strategic framework that guides its operations, revenue generation, and long-term viability. In the context of the transition to EVs and EV business models, this importance becomes even more pronounced.


As the automotive industry shifts towards sustainability and cleaner mobility solutions, well-designed business models will be critical to creating innovative EV offerings, attracting investors and meeting new market demands. Embracing EV business models that prioritize environmental awareness, customer-centric solutions, and strategic partnerships will no only drive growth and profitability for companies, but also accelerate the transition to a greener and more sustainable transport future.

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Exploring the World of Electric Mobility: Key Concepts and Strategies

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