...many favorite brands for different requirements but for this paper I will chose my favorite brand which is Tesla Motors. Explain a minimum of three reasons why you are passionate about this brand Tesla Motors, Inc. is US based Company which designs, manufactures and sells electric cars and electric vehicles power-train components. Tesla, which was founded in 2003 by Martin Eberhard and Elon Musk, has pushed the envelope beyond what most automakers thought possible. The company's Silicon Valley-style "techpreneurship" enabled it to move faster, work more efficiently, and create ground breaking new ideas around sustainable mobility and automotive technology while proving that electric cars could be better than gasoline-powered cars. Tesla has had a competitive advantage over auto industry rivals in design innovation since day one. Located in arguably the center of the world for technological innovation, Tesla was able not only to construct its vision of mobility in Silicon Valley, but also recruit its employees from many of the leading technology companies to design and build the car there as well. According to Forbs magazine “The Model S was the first electric vehicle to ever receive Motortrend’s Car of the Year Award – one of the most coveted in the automobile industry. The panel gave a unanimous decision on this – something the Motortrend judges haven’t ever seen in their time there“. (Forbs, 2013) The teardown...
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...Going Further on Electric Fuel John Ashi Lisa Gonzales Celeste Maldonado Chris Navarro University of the Incarnate Word Abstract Although little is known about Faraday Future it that has not stopped this mysterious new startups ability to gain attention from its top competitors. Faraday sees everyone as a potential competitor for example, major automakers like Audi, Ford, General Motors, Mercedes-Benz, Toyota and others. When Faraday was asked who their main competitors were, they replied our current competitors for Faraday include Tesla and Apple, even though Apple doesn’t have a car. Faraday Future’s (FF) vision is focused on the equal importance between automotive and technology. The company wants to build a brand that will change the world by making intelligent vehicles. This will certainly be a challenge for Faraday’s design team who claim to have a pioneer spirit and don’t need a safety net. The designer’s enthusiasm reflects the company’s vision in technology and design which could make a difference in the way cars are made in the future. New technology in vehicles could actually improve safety and reduce auto-related fatalities. Faraday is ready for the challenge and making a difference. Tesla Tesla Motors was founded in 2003 by a group of engineers in Silicon Valley who wanted to prove that electric cars could be better than gasoline-powered cars. With instant torque, incredible power, and zero emissions, Tesla’s product would be cars without compromise...
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...Opportunities of Toyota Company The first opportunity that Toyota Company having is increasing demand for Hybrid Electric Vehicle. A hybrid electric vehicle (HEV) is combining a conventional internal combustion engine (ICE) propulsion system with an electric propulsion system to produce a type of hybrid and electric vehicle. The demand for HEV will be increase due to the rising energy costs and increased emissions regulations. The engines of hybrid also more fuel efficient and less polluting compare with the conventional gasoline and diesel engines. Production volume will increase due to the cost disparities between HEVs and conventional light vehicles. The primary markets of the Hybrid Electric Vehicle which is United States, Western Europe and Japan also expected to experience relatively strong demand forthese fuel efficient and environmentally friendly vehicles. Toyota Motor is targeted with the growth of demand for hybrid electric vehicles. They were spending a lot of money for the development of hybrid vehicle. The Toyota Motor’s hybrid vehicle sales in 2008 are higher than their expectation. After that, the Toyota Company toward this development such as scheduling to launch the iQ ultra-efficient package vehicle in Japan and Europe. Toyota Company is focusing with the hybrid technology to capitalize on the position market trends in this segment to enhance its market position. The second opportunity of Toyota Company is they having the opportunities in Asian market....
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...Should Cars be more efficient? David Hayes Dependence of man on the environment (SCI207) Jacqueline Poole March 4, 2013 There are many things that have gone into shaping the society we live in today. The fabric of our culture has changed and changed again in response to new additions which have woven their way into our lives. But, none has affected our society as deeply as the automobile. From the way we work and play to how we design the buildings we call home, the automobile has created in many ways a car culture with its own status symbols. However, while the automobile has changed the lives of us all in a positive light; this does comes with a price, and the price is our environment. Currently “cars and other highway vehicles continue to emit some 60 million tons of carbon monoxide per year. Motor vehicles also emit as much as 50 percent of our carcinogenic and toxic air pollutants, such as benzene and formaldehyde. And heavy vehicles, particularly diesel-powered buses and freight trucks, constitute a significant source of soot and other unhealthy fine particles that, when inhaled, lodge in and damage human tissue.” (Turk, J & Bensel, T 4.3) In this paper, I am going to debate why cars should be made more efficient for the sake of saving the environment in which we live in. I will then give the different options as to how cars can be built to be more efficient; and then, debate as to why these options would not be a wise decision for some. Even with all the different...
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...Adding Alternative Fuel Vehicles to Lotus Rental Car In an effort to bring down the gasoline cost for his fleet, Lotus Car's Chief Financial Officer is looking at the possibility of adding alternative fuel vehicles to its fleet. To make a sound decision, she decided to hire a consultant firm that would review and determine if implementing the addition of alternative vehicles would benefit the company. By performing thorough research, the consultants will first perform a comparison between gas vehicles and alternative fuel vehicles. The consultant will then determine the advantages and disadvantages of adding alternative vehicles to Lotus Rental Car Company. Before the decision is made to add alternative-fuel vehicles to the Lotus fleet, we need to determine if AFVs truly are a feasible option. We must first acquire an understanding of alternative-fuel vehicles. As discovered in our research, there are currently a wide variety of alternative-fuel vehicles being used today. Alternative-fuel vehicles can operate on fuels other than gasoline or diesel. They come in a variety of forms, from commuter cars to large 18-wheelers. Using alternative fuels helps reduce our nation's dependence on imported oil and improves air quality. The Energy Policy Act of 1992 (EPAct) defines alternative fuels as electricity, ethanol, natural gas, propane, methanol, hydrogen, and biodiesel (U.S. Department of Energy, What is the Energy Policy Act of 1992, para. 2). Gas prices all over the world have...
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...The 11th hour Story of the film film is preceded by the introduction of the environmental problems that plagued the world today. This introduction is intended to give an overview to the viewers about the negative impacts caused by human activities that are less responsible for the stability of the environment in general. Then proceed with the analytical discussion about things that appear in and around the environmental issue, and ended with optimistic statements proposed to raise the confidence of the audience to carry out concrete actions for the earth. In parts of the we can see about 50 leading scientists, thinkers, leaders, oceanographer, author, etc, asking questions or presenting facts relating to the environmental issues facing the planet and the prospects for maintaining the stability of the Earth's environment the first hour documentary presents a frightening picture, especially the degradation of environmental conditions that hit the planet, telling many sins conducted on the environment (such as pollution, deforestation, excessive mining), indicate the reasons or factors behind the spread of environmental damage (such as corporate greed, the failure of public policy, the lack of leadership and ignorance), and the meaning and impact of all of the existence of mankind. In the final third of the documentary, after a series of bleak picture of the condition of the planet. Improved mood viewers try again with the appearance of a wide selection of solutions describing...
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...2016: Top Companies by Sector, 2016), demonstrates their ability and determination to upset the status quo and eagerness to disrupt the automotive market by trying to change the global preference towards greener electric vehicles. However, is Tesla’s approach towards this niche market by manufacturing models...
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...Current Market Conditions Competitive Analysis The demand for electric motor vehicles is an established and ever growing market worldwide and we must consider that it will eventually develop into a competitive market with similar electric vehicle products. A paramount challenge for Tesla and our potential launch as competition in the electric vehicle market is meeting realizing the break even point is possible given production capacity. Demand for functional, quality electric vehicles is high and one consideration that has given stockholders pause in considering their investment is determining whether Tesla can meet production requirements to break even and eventually profit. There is a strong demographic for customers of electric cars as there are many Americans interested in saving money on fuel consumption and being more ecologically responsible with lessened emissions and carbon footprint. California is a stronghold for the electric automotive market because of higher gas prices and belief system of those who live there. The electric vehicle (EV) market is growing fairly rapidly according to new analysis from the Centre for Solar Energy and Hydrogen Research — with more than 320,000 new EV registrations in 2014, bringing the total global market up to 740,000 vehicles. These numbers will continue to grow as fuel prices continue being instable and as new EV makers figure out ways to capture potential buyers with state of the art design and performance technology. Generating...
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...(IFE)……………………………………………………………18-24 EXTERNAL FACTOR EVALUATION (EFE)………………………………………………………….25-30 TOWS MATRIX……………………………………………………………………………………………….31-35 REFERENCE……………………………………………………………………………………………………..36-59 EXECUTIVE SUMMARY After analyzing Zip car situation in the industry with a Porter 5 forces analysis, internal factor evaluation, external factor evaluation, and the TOWS analysis, I came out with some strategic ideas that based on the implication of business concepts along with the business idea of Zip car can lead for a better succeed of the company. For the SO strategy, I developed three important opportunities for Zip car. Government got Zip, this consists in working together with the government to reach environmental goal and for Zip car avoid some cost in the long term. Zipster to Wal-Mart, develop a market penetration to focus on a certain group working together with the top wholesaler company in the world would lead for new members to use Zip car. Introduce Zip car to India, this one I think is the most important and very achievable, it is a market that is growing fast with an over populated urban areas. Using a market development will lead Zip car to a new market segment. For the WO strategies, my strategy is aiming for subsidiary agreement to reduce cost. Zip car is a firm that prioritizes environmental concern and government should help industries that try to improve the environment. For the ST strategy, focus Alliance with public sectors, insurance companies to avoid claims and insurances...
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...rate, cheap gas price, and new technologies of car influence buyers to get a new car. The US automobile industry consists of almost 200 companies and their annual revenue is about 280 billion (Automobile Manufacturing, n.d.). Last year US automobile industry sold record 17.5 million cars and trucks, which is a 5.7% increase from 2014 fiscal year (Spector, Bennett, & Stoll, 2016). The top four US automobile manufacturers are General motors, Toyota, Ford, and Chrysler, who account for about 70% of the total automobile sales. US based automakers face rivalry problems with foreign companies such as Toyota, Honda, and Nissan because of their cheap labor cost and no union problem. However, these companies also have their assembly lines in US, and hold around 45% of the US auto industry. US automakers are also taking advantage of NAFTA by assembling autoes in Mexico and Canada with lower labor costs (Automobile Manufacturing, n.d.). Usually 75% of the materials account for the selling price of a US made car. US companies have also increased importation of parts from abroad which helps them increase their profitability. Features like extended warranty, extended service plan, safety features, and fuel efficiency help attract consumers and increase sales. US retail sales have increased 7.00% in 2015 (Automobile Manufacturing, n.d.). Adapting with popular operating system, technologically enable safety, and low material costs are helping to raise the profits of automobile industry rapidly...
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...Nikola Tesla was a great innovator. In his life, he invented many products, obtaining over three-hundred patents. Although all of these inventions were important, one major invention changed the world by helping fuel the Industrial Revolution. Inventor Nikola Tesla created the first alternating current (A.C.) motor. This famous inventor, Nikola Tesla lived from July 10, 1856 until July 7, 1953 (Nikola Tesla Master of Lightning, 1). He spent his early childhood in Smiljan, Croatia. As the son of a minister, he frequently moved around Croatia with his family, attending several different good quality primary and secondary schools. After his father’s death, his uncles raised enough money for Tesla to move to Prague to attend college (Tesla Biography, 2). Although never officially obtaining a degree, he audited classes and obtained a college level education at the University of Prague. In 1884, he moved to the United States of America and resided in New York, New York for the rest of his life (Tesla Biography, 3). Mainly working for Thomas Edison, then Westinghouse, Nikola Tesla created many interesting inventions. Most importantly, working in his small laboratory in Manhattan, New York, he invented the alternating current (A. C.) motor, in 1892. He obtained a patent on this A.C. motor in February 25, 1896 (Tesla Patent...
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...warming. Fossil fuel burning is mainly oil , gas, and petroleum but what this does is that it sends even more gasses into the atmosphere making the earth even more subject to temperature increase. The ocean is being affected by all of this global warming as well. At the north pole there is a fast building of heat over there, the polar ice caps are melting at rapid speeds and we can prove this by checking the average temperature in that region. When the ice caps melt into the ocean , the ocean sea level rises and when it rises certain islands and certain cities can be under water. We as humans can do a lot to “go green” and save the earth by reducing global warming. First off switching to hybrid or electric cars would do great for the environment by preventing the gas emissions from regular cars to go up into our atmosphere. Driving at a minimum in general can do a lot of good both for yourself and for the environment, you release less gas and you save...
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...Rising Gas Prices: A Better and Cleaner Earth Essay 2 Embry Riddle Aeronautical University Professor Christine Hansen English 123 May 22, 2007 Abstract The cost of gas has rapidly increased in the recent years. But what most people do not realize is that rising gas prices is a good thing. Most people see gas prices as a thing to hate but in reality it leads to major innovations. Not just better cars but a better environment. The future automotive industry is fueled by the cost of gas. If gas prices stayed low no one would do anything to change and make the future better. Rising Gas Prices: A Better and Cleaner Earth Everyone fells the pain of rising gas prices, but what most people don’t see is the good side. The more gas cost the less people will want to use it. This will lead to better fuel economy, alternate means of travel and ultimately to alternative fuel sources. Rising gas prices will ultimately be one of the greatest environmental events in the history of the human race. Gas prices have been rising for several different reasons including government regulation, low supply from refineries and low supply of crude oil. Gas prices are increasing at an alarming rate; according to the Department of Energy (2007, May 14), the current national average is $3.10. The price has increased over 43% from 2005. The price of one barrel of crud is above $60. These rapid rises in gas prices have already caused changes to the minds of Americans. According...
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...products such as Carbon Dioxide, Nitrous Oxide. According to an EPA study the Green House gasses that affect out atmosphere are made up of 82% Carbon Dioxide, 3% Fluorinated Gas, 6% Nitrous Oxide, and 9% Methane.(Refer to graph 1). Overview of Green House Gases EPA.gov As you can see the bulk of the emissions are carbon monoxide and carbon dioxide. The global goal is to reduce the amount of carbon emissions in the world, not just in the US. The goal is to create a smaller carbon footprint on the planet Earth and slow down the rate of global warming. Pros and Cons of alternative fuels Hybrids Hydrogen is currently being explored as an optional fuel source that can power an electric car or an internal combustion engine (ICE) using a fuel cell. It is environmentally friendly and does not release any greenhouse gases. Using hydrogen can potentially remove are reliance on...
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...competitively with a very low operating cost, named the cityZENN. Zenn Motor Company will be targeting single people, and families who are looking for a second vehicle that live in the urban city and business users that user that use as fleets. The Success of the cityZENN will be reflected by a sizeable capture of market shares within this market, while strategically carrying the company up to the top spot as the market leader in the Subcompact Urban City car, and electric vehicle market. Current marketing situation With the rising cost of fuel, and a higher regard for cleaner transportation, more consumers are moving toward alternative fuel sources and vehicles which take advantage of those fuels. Electric cars have some benefits compared to conventional internal combustion engine vehicles, such as significant reduce of harmful air pollution as they do not have tailpipe. The electric cars throughout the world are mostly low speed, low range, and neighborhood vehicles. The average cost to purchase an Electric car is currently $38,000; this is caused by the high price of the battery packs. The safety of the electricity is assured as Nissan Leaf and Chevrolet Volt are both named Top Safety Picks by the...
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