"An electric car" is a new product that depends upon technological innovation.
Its progress is guided by a strategic technology plan:
The production of new ideas:
- The lithium-ion battery throughout the electric vehicle will provide the energy needed to run its engine.
- Installation of the battery would ensure it can do all the functions which the consumer would expect from a typical vehicle.
The idea is evaluated:
- The lithium-ion battery-powered electric car ought to be able to equal the speed of a gasoline or diesel-powered vehicle.
Analysis of the business environment:
- Due to its reduced mileage, such a car would be perfect for customers who are unable to pay the rising cost of oil for the vehicles.
- Thus, electric vehicles would've been ideal to clients with fundamental part from middle income to high class.
- Its car would attract a huge number of customers, as consumers are looking for vehicles that may help them save cash on gasoline prices.
Development:
- The fuel or diesel cylinder and batteries would be fitted in the car's bonnet.
- The rest of the car assembly process will proceed normally usual.
Commercialization:
- Customers will be able to buy cars through a countrywide dealer network.
- The car's battery plays a significant role in each step of the process.
- Whereas if a car's batteries run out while it was on the road, it could be recharged using another energy source.
- During a crisis, solar plates will absorb the sun and power a battery. As a result, the vehicle will keep running smoothly.
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