Coordination dynamics between fuel cell and battery technologies in the transition to clean cars.

ABSTRACT: Significant progress reconciling economic activities with a stable climate requires radical and rapid technological change in multiple sectors. Here, we study the case of the automotive industry's transition to electric vehicles, which involved choosing between two different technologies: fuel cell electric vehicles (FCEVs) or battery electric vehicles (BEVs). We know very little about the role that such technological uncertainty plays in shaping the strategies of firms, the efficacy of technological and climate policies, and the speed of technological transitions. Here, we explain that the choice between these two technologies posed a global and multisectoral coordination game, due to technological complementarities and the global organization of the industry's markets and supply chains.

SUBMITTER: Dugoua E 

PROVIDER: S-EPMC11228490 | biostudies-literature | 2024 Jul

REPOSITORIES: biostudies-literature