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the impact of technology in a business
the impact of technology in a business
the impact of technology in a business
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Disruptive Technology
“Every threat to the status quo is an opportunity in disguise.”
- Jay Samit, one of the world’s leading experts on disruption and innovation (Samit, 2015).
The influence new technologies have on our society is colossal; Sweeping over businesses, it changes their way to work and their strategies (Manyika, o.a., 2013). To understand why new technologies have such an impact on us, one must understand why new ways to see the world is something worth striving for.
The rampaging strength of a new technology can be disruptive as it sometimes causes transformations in companies’ production lines (Manyika, o.a., 2013). Such a disruptive technology is seen in the automotive industry today, where electric vehicles are soon taking over the market. It is of the utmost importance to stay ahead since new technology is critical for many
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This is because the energy produced by coal-fired power plants is not favorable to use when charging electric vehicles (Wade, 2016). In this sense, there might not be a need to redirect the industries production into electric vehicles. However, is that ultimately the whole story?
Bearing in mind, while driven, electric vehicles do not emit a single unit of carbon dioxide, there are still emissions when charging to consider. Although, electric vehicles might not be 100% green as is, they are the ultimate winner since a vehicle powered by fossil energy is not run on renewable energy. However, the problem is not the vehicles in themselves, but the way energy is produced. Limiting climate change on our planet will come into full force when there is no more need for petroleum. Also, electric vehicles are in fact, even with existing technology, superior since seen over the whole life cycle, they emit less carbon dioxide than their counterparts (Verkade,
The Automotive, or electric car industry particularly, comprises all those companies and activities involved in the manufacture of electric motor vehicles (EV), including most components, such as engines, bodies and rechargeable batteries or another energy storage device. The industry’s principal products are passenger automobiles. Despite the fact that the first electric cars were produced in 1880s , the advances in internal combustion engines, especially the electric starter, soon diminished the relative advantages of the electric car and became the dominant design in the market. Due to this the EV was almost a forgotten industry staying in the early stage of development, conforming to less than 1% of the automotive stock
Did you know that you can receive a maximum of a $7,500 tax credit for just owning an electric or hybrid vehicle? The United States government values citizens that buy fuel efficient vehicles because it gets the United States one step closer to not buying outsourced oil (Jones par.14). Hybrid vehicles are vehicles that are mostly powered by gasoline, but switch over to electric at stop signs or at coasting speeds. Electric cars are cars that are solely powered by electric from start up to shut down (Motavalli par. 6). Most cars and trucks on the road today are powered by gasoline or diesel engines, which are expensive to operate, bad for the environment, and use resources that are non renewable. To achieve better fuel economy, lower operation cost, reduce the pollution on the environment, and operate vehicles with renewable resources, this world needs to take a better look at using alternative fuels to power vehicles. Alternative fuels for motor vehicles are better for the environment, are renewable resource, and are cheaper for consumers.
Four decades ago gas was on the double digits. Well now you don't have to worry about buying gas , With an electrical vehicle. The first electric car was operated in the 80s. Electrical car were popular in the late 19th century and the early 20th century, until advances in the internal combustion engine technology mass production was cheaper, Than gasoline vehicles led to the decline in the use of electric drive vehicles, The energy crisis of the 1970s and 1980s a short-lived interested in electric cars, although these cars did not reach the mass marketing stage, as in the case of 21 century. Electrical vehicle are the best vehicles on the market because they are the most reliable vehicle out their, One of the reason why is the most reliable is because they give more mileage than a regular gas power vehicle would give. Another reason why electric vehicle is because they are easier to maintain, The reason why they are easier to maintain is because they don't require as much thing as a gas power vehicle does. Last but not least the last reason why electric vehicles are the best on the market is because they are environmentally sound, The reason why they help the environment is because they help eliminate carbon dioxide produce by gas power vehicles which makes it harder for the sun radiation to come out. Electrical vehicles are the best on the market , their reliability , The maintenance free capability and being able to go green, Makes the electrical a paramount in human society. What actually makes the reliability of an electric car is the cheaper because of the fewer less parts its has , Another thing is that their cheapness on maintenance is incredible because when you take it to a mechanic you will not be end up paying a bunch...
Not spending money on gas for the rest of your life is a huge selling point for many people. The problem is that recharging your car takes so long that sometimes it is not even worth it. Electric cars are also very good for our environment. Electric cars can help the environment by not emitting harmful gases and hurt our atmosphere in any way.
In December of 2010, the world’s first, entirely electric vehicle was introduced to the car industry and Nissan was responsible for launching this innovative car known as the Nissan Leaf (“Nissan Product Information”). According to business reporter Michael Strong, Nissan Motor Company’s CEO Carlos Ghosn previously set a goal of selling 1.5 million electric vehicles by the year 2016. However, in 2013, Ghosn announced that it is very likely that Nissan will not reach this goal. He believes this may be achieved four or five years later than expected. Ghosn and Nissan Motor Corporation have evaluated the weaknesses of the Nissan Leaf and have discovered the contributing factors in the surprisingly low sales (Strong). In this commentary, it will become evident if Nissan has made effective improvements to pick up sales of this innovative vehicle that could result in the future of cars all around the world. The reasons for their underperformance will be evaluated and their ability to make the necessary changes to improve sales will be evaluated. A SWOT analysis has been set up to analyze the Nissan Leaf, its strengths, weaknesses, opportunities, and threats. This will show if Nissan has made the necessary changes to better their sales of the Nissan Leaf.
I bet you didn't know that the first cars made were all mostly electric. But as time passed gas powered cars became more popular through the years. There were few if any electric cars available as timed moved on. Everyone believed that gas powered vehicles were more convenient than the electric powered ones. I believe that gas powered vehicles are better because gas powered cars have more function ability. The range that electric vehicles have is poor compared to gas vehicles. Electric vehicles don't function very well when the weather is cold. You'll need to charge your car pretty much every night. You are only going to be able to go 80 mph. If you go up a big hill your range goes down. electric vehicles (rather ev's) do pollute but they don't pollute the same way that gas cars pollute.
...rther then the end of 2010, the introduction of the electric car is not far to come. With proper government regulations and consumer knowledge, adoptability of the electric car is possible. However, one can drastically differ in opinion as to why the required elements to support such a vehicle were not readily planned to facilitate such a change. The inadequacies draw wavering concerns for both consumers and business looking for the return of value and profit. The larger picture needs to be remembered in which oil is not a renewable resource and results in pollution and environmental hazard. Consumers and business must work together to overcome the roadblocks down the road and support each other in the introduction of and future of the electric car. Adjustments will have to be made on both sides to ensure success and minimize the society and economy disruptions.
Innovation is the most critical component of a well-known luxury sports car manufacturing brand which has to maintain its legacy and compete with many known European automakers as well as newly booming tech companies. Porsche has being focused on gasoline sports cars which were very successful in last few decades but might not be the future of the industry and many of Porsche's competitors are engineering electric and hybrid motor vehicles, and also recent startups like Tesla motors are changing the whole phase of transportation technologies with their innovation in electric motors and batteries, beating gasoline motor vehicles. In order to stay on par with these future engineering marvels , traditional sports car manufacturers like Porsche
In the recent past, Tesla has been noted as a great competitor in the automotive industry. This is attributed to its three huge competitive advantages. Generally, the advantage lies in its ability to bring about innovative disruption in the industry. This include; a strong battery supply chain that is sustainable in itself, a supercharger network celebrated by the customers and a software system several leagues ahead of its competitors (Zach, 2015).
The topic of the future has been such a popular subject all of the twentieth century, from the idea of flying cars to robots preforming surgeries. One thing that has taken the media by storm is the takeover of electric cars, and if they really are better than the classic gas guzzler. Electric cars are better than gas powered vehicles because of the miles per gallon difference, maintenance cost and environmental effects. Everyone hates when gas prices sky rocket especially during the holiday season when everyone is on the roads commuting from house to house, town to town or even state to state. On average the typical person tends to spend around $2000 on gas alone.
...n the auto industry, the government, consumers, and environmentalists have indispensable roles to play in fulfilling this agenda. Though some opponents of this idea have cited a potential lack of a ready market, it is clear from the discussion that resources can be marshaled towards making new cars affordable. Efficient cars will promote clean and efficient transportation. Alternatives such as hybrid and electric vehicles and technologies such as aerodynamics and direct injection gas engines can be harnessed to make this venture a reality. The economy would benefit a great deal from saving a lot of money that goes into oil importation and many job opportunities would be created. The costs that have resulted from the impacts of global warming are an enormous burden to the economy. It would be a relief to the economy if more efficient cars are produced.
The substantial increase in the demand for EV’s came just in time as we are slowly but surely running out of oil. Some estimate that by the year 2040, 35 percent of all vehicles will be electric (Sullins, 2017). An article from the U.S. Department of Energy stated that “Electric vehicles hold a lot of potential for helping the U.S. create a more sustainable future. If the U.S. transitioned all the light-duty vehicles to hybrids or plug-in electric vehicles, we could reduce our dependence on foreign oil by 30-60 percent, while lowering the carbon pollution from the transportation sector by as much as 20 percent (energy.gov, 2014). It’s obvious that gas-powered vehicles have harmed our planet with their emissions. Although EV’s cannot reverse that damage that has been done, they can eliminate, or at least slow down, the inevitable demise that our planet is headed towards. Along with the beneficial environmental factors that correspond with electric cars, there are also beneficial financial factors. The average American spends about $2,000 on gas annually. In the future, charging stations will charge roughly $12.00 for a full charge, which is about 300 miles. This means that the average American will save about $1,400 per year on these specific car
Environmentally Friendly Electric vehicles are today’s zero-emission vehicles. They have no tailpipes and emit no pollutants. Instead of gasoline from oil refineries, electric vehicles get their “fuel” from electric power stations. Although power plants using fossil fuels do have emissions, power plant emissions generated for electric vehicle use are typically much lower than emissions from the comparable use of gasoline-powered cars. For power plants using renewable energy sources like wind, solar and hydropower, no air pollution is created.
The introduction of more commercially available diesel and fully electric vehicles has started to impact the sales figures of hybrids which is surprising to me because of the natural deficiencies that the hybrid vehicle has to overcome to be more effective both in environmental savings and cost savings to the end user. I believe that some combustion automobiles offer equal if not greater environmental and cost savings over hybrid vehicles. I believe this because the manufacturing and disposal process for batteries is very damaging to the earth, and the longevity of the parts is less than that of a normal vehicle. Also, if measuring environmental impact by comparing fuel consumption, many diesel cars are able to achieve greater miles per gallon than similar hybrid vehicles.
Electric cars help lower emissions because they have completely clean motors. As time progresses, emission standards rise and will become harder to meet for automakers. Electric motors will always have zero emissions and auto makers won't have to spend extra money to make their engines cleaner and more fuel efficient. Originally, when the internal combustion engine was invented, pollution wasn't a problem. After hundreds of years and the many combustion engines created, all the exhaust has built up. Today, pollution is one of the largest problems in our environment. Every year the average miles driven rises for everyone. When this rises, the pollution rises as well. Toni Marzotto, in "The Evolution of Public Policy: and the Environment," explains how air pollution will continue to keep on increasing: