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Book part
Publication date: 9 June 2015

Mike Wilman and Bob Bax

This chapter explores the opportunities and challenges for Western firms that wish to engage in manufacturing operations in Iran, and particularly in the automotive industry…

Abstract

This chapter explores the opportunities and challenges for Western firms that wish to engage in manufacturing operations in Iran, and particularly in the automotive industry. Although Iran has a long and fruitful history of embracing foreign investment, collaboration with foreign firms suffered in the aftermath of the Islamic Revolution in 1979. The imposition of UN sanctions in 2012, following the disagreements between Iran and leading Western powers over Iran’s nuclear policy, has resulted in a further exodus of foreign manufacturers from Iran, hurting the production quality, adoption of up-to-date technology and alignment to international standards for manufacturing, such as vehicle safety and engine emissions in Iran.

The removal of sanctions, contingent on the success of nuclear negotiations between Iran and leading world powers, could provide Iran with an opportunity to recommence manufacturing collaboration with Western firms. The case of the automotive industry discussed in this chapter indicates some of the challenges that Iran is likely to face if it once again wants to become a player in international markets.

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Reintegrating Iran with the West: Challenges and Opportunities
Type: Book
ISBN: 978-1-78441-742-0

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Book part
Publication date: 17 October 2022

Javier Turienzo, Jesús F. Lampón, Roberto Chico-Tato and Pablo Cabanelas

The materials and energy density of current electric vehicles (EV) battery technology means that the vehicles are heavier and have a shorter range in comparison to internal

Abstract

The materials and energy density of current electric vehicles (EV) battery technology means that the vehicles are heavier and have a shorter range in comparison to internal combustion engine vehicles (ICEV). Battery cost also means EVs are relatively expensive for the consumer, even with government incentives, and dependent on sometimes-rare resources being available. These factors also limit the applicability of battery-electric technologies to heavy-duty vehicles. However, a number of next generation technologies are under laboratory development which could radically change this situation. Using a follow-the-money methodology, the strategic innovations of companies and public institutions are examined. The chapter will review the potential for changes in resource inputs, higher-density batteries and cost reductions, considering options such as lithium-air, metal-air and solid-state technologies. The innovations outlined in these technologies are considered from an economic perspective, identifying their advantages and disadvantages in commercialisation. At the same time, innovations, and investments in infrastructure electrification (Electric Road Service) and battery exchange point with swapping technology will be also considered due their implications and contribution to solving battery-related challenges and shortcomings. It is concluded that only a joint investment in effort on technologies would allow the use of EVs to be extended to a broad public in terms both of users and geography.

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Electrifying Mobility: Realising a Sustainable Future for the Car
Type: Book
ISBN: 978-1-83982-634-4

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Dynamic General Equilibrium Modelling for Forecasting and Policy: A Practical Guide and Documentation of MONASH
Type: Book
ISBN: 978-0-44451-260-4

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The Current Global Recession
Type: Book
ISBN: 978-1-78635-157-9

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Modern Management in the Global Mining Industry
Type: Book
ISBN: 978-1-78973-788-2

Book part
Publication date: 17 October 2022

Peter Wells and J.-P. Skeete

The purpose of this chapter is to highlight the key differences in the production processes of battery electric vehicles (BEV) and internal combustion engine vehicles (ICEV). This

Abstract

The purpose of this chapter is to highlight the key differences in the production processes of battery electric vehicles (BEV) and internal combustion engine vehicles (ICEV). This exploration not only includes the fundamental physical architectural differences between the types of vehicles but also their entirely different supporting supply chains and underpinning business logics. Many nuanced and less-discussed considerations such as geopolitics, supporting infrastructure, and background policy implications are also covered. This chapter stems from the collection and analysis of secondary peer-reviewed data that is supplemented by verified press publications. The automotive industry moves at an incredibly fast pace, and thus understanding the sociotechnical transition to BEVs requires the additional, timely context of press publications. The overall result of this chapter is a holistic overview of the BEV’s value chain, and more importantly some much needed context for readers to better appreciate the significant implications that are involved. Society is not merely substituting one ‘full fat’ product for a ‘low calorie’ version, but rather we are adopting a new technology that solves some of our problems but comes with challenges of its own. In the coming transition to BEVs, it will be impossible to switch technologies without reformulating various policies and reconsidering how we consume transportation as a commodity or a service. By presenting how society intends to evolve its predominant road propulsion system, this chapter seeks to explain the twists and turns ahead, and offer a glimpse of a more sustainable path forward.

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Electrifying Mobility: Realising a Sustainable Future for the Car
Type: Book
ISBN: 978-1-83982-634-4

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Book part
Publication date: 17 October 2022

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Electrifying Mobility: Realising a Sustainable Future for the Car
Type: Book
ISBN: 978-1-83982-634-4

Book part
Publication date: 7 January 2016

Óscar Carpintero, Ivan Murray and José Bellver

The aim of this paper is to analyse the recent changes in the role played by Africa as a traditional natural resources supplier for the world economy in a multipolar context. We…

Abstract

The aim of this paper is to analyse the recent changes in the role played by Africa as a traditional natural resources supplier for the world economy in a multipolar context. We highlight, on the one hand, how Africa remains a prominent supplier of critical minerals needed for information and communication technologies (ICT), including platinum, vanadium, coltan, chromium, manganese, zirconium, etc., and how the boomerang effect results in Africa also importing electronic waste. On the other hand, we show how the BRICS’ growth model, based on a very intensive use of natural resources acquired through international trade, is now being fuelled by Africa too. BRICS countries (especially China and India) are making foreign direct investments in Africa using their state companies to ensure the supply of natural resources under favourable economic terms. Thus, Africa appears as a disputed territory between the old domination of the advanced capitalist countries and emerging powers like the BRICS. However, this should not mask the fact that the European Union and North America are still the dominant foreign powers in the continent. Finally, we discuss which scenarios are open to further this multipolar moment, particularly in the wake of the great crisis.

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Analytical Gains of Geopolitical Economy
Type: Book
ISBN: 978-1-78560-336-5

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Modern Management in the Global Mining Industry
Type: Book
ISBN: 978-1-78973-788-2

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Modelling the Riskiness in Country Risk Ratings
Type: Book
ISBN: 978-0-44451-837-8

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