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Corporate Transformation in the Face of Climate Change Crisis: The Role of Electric Vehicles
Abstract
This study investigates how businesses are transforming in response to the climate change crisis and what role electric vehicles play in this process. The study addresses main topics such as the environmental impacts of electric vehicles, their integration into business strategies and their contribution to sustainability goals. Electric vehicles attract attention with their lower carbon emissions compared to fossil fuelled vehicles. Therefore, businesses have the opportunity to reduce their carbon footprint and support their sustainability goals by integrating electric vehicles into their fleets. However, this transformation process may face some challenges. The study discusses the barriers preventing the widespread adoption of electric vehicles and how these barriers can be overcome. It also examines the innovative strategies and business model changes that arise as businesses adopt electric vehicles. With the use of electric vehicles, businesses can develop new approaches in areas such as fleet management, energy supply and charging infrastructure and gain competitive advantage. In conclusion, the study addresses the importance and impact of EVs in organisational transformation, emphasising the role of businesses in tackling the climate change crisis, and provides business leaders, policy makers and academics with an in-depth understanding of the environmental and strategic impacts of EVs on businesses.
Keywords
References
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Details
Primary Language
English
Subjects
Business Administration
Journal Section
Review
Authors
Publication Date
May 25, 2025
Submission Date
July 9, 2024
Acceptance Date
January 22, 2025
Published in Issue
Year 2025 Volume: 9 Number: 2