• DocumentCode
    606012
  • Title

    Business model of clean energy vehicles industry based on option

  • Author

    Zhi-yang Zhong ; Jian-xin You

  • Author_Institution
    Sch. of Econ. & Manage., Tongji Univ., Shanghai, China
  • fYear
    2012
  • fDate
    23-25 Oct. 2012
  • Firstpage
    533
  • Lastpage
    538
  • Abstract
    Along with the expanding of the operating scale, governments have to buy more new energy vehicles in order to offer experiences to industrialization and commercialization. Financial leasing as a new business model of clean energy demonstration obtains lots of attentions. In this paper, discussions are concerned on the solution of the EVs which should be found when the expiry of the leasing between the local government and the finance company. Considering on the financial aspects in the business model, the method uses partial differential equations to describe the price of option EVs. Based on the new method, EVs´ price has been decided using finite difference method; the amount of options sold has been calculated using an integral linear programming. Such a pricing model was much better than the method that didn´t take option into consideration.
  • Keywords
    automobiles; corporate modelling; environmental economics; environmental factors; finite difference methods; leasing; linear programming; local government; partial differential equations; pricing; public finance; business model; clean energy vehicles industry; finance company; financial leasing; finite difference method; integral linear programming; local government; partial differential equations; pricing model; Clean energy vehicles; financial leasing; integral linear programming;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Information Science and Service Science and Data Mining (ISSDM), 2012 6th International Conference on New Trends in
  • Conference_Location
    Taipei
  • Print_ISBN
    978-1-4673-0876-2
  • Type

    conf

  • Filename
    6528692