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| Category | Assignment | Subject | Education |
|---|---|---|---|
| University | Module Title | Individual Implementation Plans Assessment |
In this assignment the researcher will discuss about the strategy for EV car company to sustain in future market for long run. Range anxiety, or the worry of running out of power while driving, is one of the biggest problems that EVs are now experiencing. This problem still remains today with EVs, just as it did with conventional gasoline-powered cars in the past (theguardian.com,2024). But improvements in battery science and the creation of more effective charging facilities are mitigating this problem. The part of technological progress that is affecting businesses is the growing accessibility of technology associated with electric automobiles. In order to inform and raise awareness among UK customers about the advantages of electric vehicles, Tesla ought to fund marketing initiatives (Acheampong et al., 2023). To sum up, in order for Tesla to be successful in the UK, it should concentrate on market research, alliances, building the infrastructure for charging, affordability, and marketing. A company such as Tesla have to carry out in-depth market research in order to comprehend customer trends, tastes, and the UK EV industry. This will assist the business in customizing its goods and services to fit the demands of clients in the UK (Sovacool et al., 2023). All things considered, even if EVs today confront certain special difficulties, a large number of these problems are the same as those that have always plagued the car industry. EV adoption will increase and that these problems will be resolved in the next years with more innovation and funding (Bösehans et al., 2023).
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