INTEGRATING CIRCULAR ECONOMY PRINCIPLES IN ELECTRIC VEHICLE AND CONSTRUCTION SECTORS: A COMPREHENSIVE FRAMEWORK FOR SUSTAINABLE BUSINESS MODELS
Keywords:
Circular economy, electric vehicles, construction industryAbstract
The transition towards a circular economy represents a paradigm shift in contemporary business and industrial practices, aiming to replace traditional linear models of production and consumption with regenerative and restorative systems. This study critically examines the integration of circular economy principles within the electric vehicle (EV) battery value chain and the construction sector, emphasizing the development and implementation of circular business models (CBMs). By synthesizing insights from multidisciplinary literature, the research investigates theoretical underpinnings, operational enablers, and the barriers associated with circular transitions. The study employs a qualitative, theory-driven methodology, combining systematic literature review, stakeholder analysis, and conceptual mapping to construct an integrative framework for circular business model design. Findings highlight the significance of traceability mechanisms, multi-stakeholder collaboration, and value proposition alignment in fostering sustainable outcomes across both sectors. Additionally, the research identifies consumer behavior, institutional voids, and regulatory contexts as critical determinants influencing the adoption and scalability of CBMs. The discussion elaborates on the implications of circular transitions, including economic, environmental, and social dimensions, while acknowledging limitations related to data availability and generalizability. Finally, the study proposes directions for future research, emphasizing empirical validation of circular strategies, cross-sectoral knowledge transfer, and the development of competency frameworks for practitioners. The outcomes provide a comprehensive theoretical and practical guide for policymakers, industry leaders, and researchers seeking to operationalize circular economy principles in complex industrial ecosystems.
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Copyright (c) 2025 John A. Thompson (Author)
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