Porter’s Five Forces Analysis of Electric Cars
1. Industry Rivalry: -
i. Electric cars have to compete directly with the already established traditional vehicles. Traditional vehicles have created a market for themselves and are also now entering into the electric car business, giving tough competition to the electric vehicle manufacturing companies.
ii. After the success of electric cars in the West, manufacturers from around the globe are entering into this business. With more players in the market, the competition is expected to be intense.
Due to more players entering into the market, the threat of rivalry is very strong.
2. Threat of New Entrants: - i. Government has introduced many schemes, policies and incentives in order to enhance the use of electric
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SWOT Analysis of Electric Car
1. Strengths: -
i. Electricity can be generated from any source of energy which is available in abundance and can be used effectively.
ii. Many of the environmental problems is caused to use of hydrocarbon and carbon monoxide. Use of electric vehicle helps in the reduction of these pollutants by a significant amount leading to controlled pollution.
iii. Due to advancement in technology, there has been an increase in emission of pollutants from the vehicles. Electric cars do not produce pollutants which are very important for the cities to stay green and pollution free as the air quality has deteriorated a lot.
2. Weaknesses: -
i. Electric cars cannot be used for long distance trips as the battery may drain easily and charging stations may not be close up causing difficulty.
ii. Using car facilities like air-conditioner, radios, mobile charging facilities may drain the battery very quickly.
iii. Electric cars are heavier due to electric motors, chargers, batteries and controllers.
iv. The components used in the electric vehicles are very costly which makes the car
The world produces around 85 million barrels of oil each day. About a quarter of that percentage goes to the United States of America, which is used up mostly by means of transportations. Most people get around from place to place using a car, a car that is powered by fuel. Everywhere one goes driving, they will eventually run into a gas station but not a charging station for electric cars. Regular cars, burn off fuel that produce emissions (carbon, nitrogen, sulfur) that pollute and harm the environment. Although, there are some positives about switching there are also some problems that could appear but could be fixed. Electric cars have the potential to reduce the amount of pollution in the environment, boost the national economy and help
As part of the United States planned greenhouse gas emissions reduction strategy, it is necessary for U.S. to consider the effect of new electricity services coming to the transportation sector. One such service that is gaining widespread interest is the electrification of personal transportation (also referred to as “passenger cars”) using Plug-in Electric Vehicles (PEV’s). The advantage of electrification of personal transportation leads to improved air quality and to reduce the U.S’s GHG contribution to global climate change.
It has been estimated that there will be approximately 1200 million motor vehicles by the year 2020. That is almost twice the number of cars that are already traveling on our busy roads. Due to this ever increasing vehicle population, the demand for fuel will continue to increase as well. With the depleting supply of oil already an issue for the U.S. especially, there is a growing interest in alternative energy fuels that can be used to power motor vehicles.
Electric vehicles should be big a consideration for the world. Our planet is suffering a lot due to climate change. It’s caused by burning fossil fuel and releasing its gas into the air and most cars today run on fossil fuel and it’s damaging our planet. Electric cars are clean energy vehicles, meaning it doesn’t damage the world. This is the main reason while society needs to consider manufacturing more electric cars and make them affordable and more well known. If a big part of the world’s population used electric cars instead of cars that runs of gas, it would be very beneficial to the world. But even with this huge benefit that
When it comes to gas powered cars, there are some reasons why it’s morely prefered. First of all, the electric car is still relatively new, while gas powered cars have been around since the beginning. The transition to an electric car may not be so easy, as having a gas car is what everyone is used to. The gas powered car can also travel longer distances, due to having more power than an electric car as an electric car can travel about 100 miles in one charge. However there are many other reasons why an electric vehicle is the better choice for transportation purposes.
Electric vehicles are vehicles that use one or multiple electric motors for propulsion [1]. Electric vehicles have influenced the present in
In 1830 the first electric car was made. It impacted how cars could be made. First generation electric cars paved the way for modern EVs because they can be more efficient, are getting increasingly popular , and more safe. Electric cars are influencing our technology and our economy. Electric’s are helping the world and “Ultimately, all-electric cars will reduce America’s dependence on petroleum” (Bell,11). because our existing oil is running low. Also electric cars are getting noticed now. Unlike in the late 1900s where they are being produced but were too expensive to buy and weren't practical.
The United States of America is one of the biggest automobile markets in the world. This trend has also created awareness for environmentalist to bring attention to rising level of pollution and emission within the cities and metropolis. As response, the U.S. Government is encouraging the automobile manufacturers to produce clean and renewable alternative vehicles that will drastically reduce pollution and emission. Subsequently, the automobile industry has witnessed a gradual introduction of environmental friendly vehicles that use clean and renewable energy to encourage less pollution and safer environment. The manufactures of these vehicles have introduced into the market three categories of electric passenger car
Westbrook also describes the successes and setbacks of electric cars by companies such as General Motors and Ford, and also depicts the innovations behind electric vehicles, and the numerous difficulties confronting its future advancement. A thorough study of the history of electric cars is certainly necessary for the progression of my essay.
Electrical vehicles technology has been present for a while and is a proven technology that need only reshaping to meet the global need. Though, in the past, the technology had failed to compete with the internal combustion engine due to initial cost, the technology has done well in the past few years. Electric vehicle ability to reduce the emission of greenhouse gases like carbon and carbon dioxide and the advantages it enjoys such as low maintenance and running cost can enhance it market competitiveness. However, as experts try to make its charging system more efficient and its ability to store charge more long lasting, the global need continue to rise. The research proposal, therefore, aim at addressing an issue like government involvement can enhance improved use of EV, development of better EV batteries, energy management system and fast charging can help enhance the use of Electrical Vehicles and how electric vehicle drive train and the battery can be redesigned to make it affordable.
When it comes to the electric vehicle its true potential lies in its power grid. For example, in a country whose power mostly comes from nuclear energy, the electric vehicle is truly green however in a country like the united states who derives most of its energy from coal and other fossil fuels, the electric car no longer serves its purpose. Not only is the power used to drive the car toxic but also the energy used to build it is made out of fossil fuels. Even though the electric vehicle is not truly green does not mean that it is a lost cause; there is plenty of room for improvement and time for the electric car to match its green
Electric cars are becoming very popular in today’s world and are becoming more main stream. One reason for this is the need for automobiles that have a lower or a zero carbon footprint. For the majority of the history of the automobile, the propulsion system was a gas or a diesel engine that would run off of fossil fuels. The burning of fossil fuels is very hazardous to our world and also creates much toxic pollution. However, electric cars run off of electricity, which is a very clean and pollution free resource, depending on how the electricity was produced of course. In this paper we are going to examine the history of electric cars, look into modern electric car technology, and peer into the future of electric car technology to see if EVs might be the answer to dramatically reducing our global pollution.
Have you or anyone you know ever considered buying an electric car. Maybe perhaps you or someone you know has an electric car. It's not unknown that as time goes on there are more and more electric cars on the roads. After tesla had proven that there was a demand for electric cars at an affordable price. This has started an arms race between leading car manufacturers. The only question is who makes the best electric cars what makes them the best. According to (www.Wired.com) Chevy has built the first electric car that can “go 200 miles on a single charge” they also state that “the bolt does not just beat the 200-mile mark! It stomps the 210-mile range of tesla's model s60”.
Popularity: Electric vehicles are growing in popularity. With popularity comes all new types of cars being put on the market that are each unique, providing you with a wealth of choices moving forward.
Technology has been advancing since the turn of the century at an unparalleled pace with the constant announcement of new gadgets and innovations. Of the thousands of new technological advancements made in the past decade, the introduction of the electric car has been the most widely discussed topic. Electric cars are one hundred percent emission free and can replace the fire spitting, bone chilling sounds of a thunderous gasoline engine with the eloquent silence of luxury and speed. However, as with all things technological, electric vehicles have their problems. Electric cars have several benefits and could possibly replace gas cars in the future, but they are not refined enough to take over the world today because of a few technicalities