Project portfolio planning under CO fleet emission restrictions in the automotive industry.
This paper aims to identify financially and environmentally promising project portfolio decisions under CO2 fleet emission restrictions in the automotive industry. These decisions are particularly difficult due to uncertain demand, ever‐stricter CO2 fleet emission thresholds, and an increasing numbe...
| Publicado en: | Journal of Industrial Ecology Vol. 26; no. 3; pp. 937 - 952 |
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| Autores principales: | , , , , |
| Formato: | Artículo |
| Publicado: |
Springer Nature
Jun2022
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=157517057&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 157517057 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 10881980 FL1 jtl: Journal of Industrial Ecology issn: 10881980 maglogo: Y pubinfo: dt: Jun2022 vid: 26 iid: 3 pid: 237 pub: Springer Nature artinfo: ui: 157517057 10.1111/jiec.13228 ppf: 937 ppct: 15 formats: tig: atl: Project portfolio planning under CO fleet emission restrictions in the automotive industry. aug: au: Thies, Christian Hüls, Christoph Kieckhäfer, Karsten Wansart, Jörg Spengler, Thomas S. affil: Institute of Automotive Management and Industrial Production, Technische Universität Braunschweig, Braunschweig, Germany Volkswagen AG, Wolfsburg, Germany Chair of Production and Logistics Management, FernUniversität in Hagen, Hagen, Germany su: Electric vehicle batteries Automobile industry Carbon emissions Net present value Product life cycle Linear programming sug: subj: Automobile and light-duty motor vehicle manufacturing Automobile Manufacturing Motor Vehicle Body Manufacturing New and used automobile and light-duty truck merchant wholesalers Automobile and Other Motor Vehicle Merchant Wholesalers New Car Dealers Electric vehicle batteries Automobile industry Carbon emissions Net present value Product life cycle Linear programming keyword: alternative powertrains CO2 fleet emissions electric mobility industrial ecology project portfolio planning strategic management alternative powertrains CO2 fleet emissions electric mobility industrial ecology project portfolio planning strategic management ab: This paper aims to identify financially and environmentally promising project portfolio decisions under CO2 fleet emission restrictions in the automotive industry. These decisions are particularly difficult due to uncertain demand, ever‐stricter CO2 fleet emission thresholds, and an increasing number of alternative powertrain technologies that can be integrated into different vehicle projects with high project‐specific investments and long product life cycles. We develop a mixed‐integer linear programming model that maximizes the net present value of car manufacturers' project portfolios, so‐called cycle plans, by selecting specific vehicle projects and by determining the respective production quantities to comply with the given thresholds for the CO2 fleet emissions. By applying the model to an illustrative European car manufacturer, promising cycle plan decisions are determined and analyzed across six market demand scenarios. The results reveal that compliance with the European emission thresholds until 2035 is generally possible if electric vehicle demand gains momentum, but threshold exceedance and corresponding penalty payments can be financially advantageous in some situations. Long‐term compliance with CO2 regulation and financial success is supported by the fast market introduction of battery electric vehicles and the preparation of fuel cell electric vehicles for a later market introduction in large‐sized vehicles. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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