In view of the product life cycle, consider the progression that the EV (electric vehicle) industry...

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Mechanical Engineering

In view of the product life cycle, consider the progression thatthe EV (electric vehicle) industry is undergoing by stage. Discussthe 4 P's for each stage within the EV product journey. Be specificin describing market conditions for each stage. What are the typesof buyers will the EV manufacturer encounter for each stage. Howdoes the PLC model align with the Boston Consulting Group model inreference to the EV market? Where is the market currently forEVs?

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An electric vehicle is a vehicle that utilizes at least one electric engines or footing engines for impetus An electric vehicle might be controlled through an authority framework by power from offvehicle sources or might act naturally contained with a battery sun oriented boards or an electric generator to change over fuel to power An electric automobile is one that works on an electric motor preferably than an in going ignition motor that makes power by ingest a mix of fuel The electric vehicle advertise has seen fast advancement with the continuous improvements in car division In view of kind of electric vehicles in 2019 the cross breed electric vehicle holds roughly 45 to 48 of the piece of the pie for electric vehicle showcase The key development startegies of electric vehicle industry players incorporates item improvement and dispatch trailed by various organizations and extensions related in the See Answer

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