Answer to Question #207831 in Management for shritha

Question

1.     Given the case facts, if you were toying about entering the Electric vehicles industry, you have two choices- either enter the industry or not. Explain your choice based on your learnings from Module 3 and 4. [5 marks]

Answer 1

Technically, we found that the switch to electric cars would save 14% from the total carbon emissions. However it would also cause an increase in carbon emissions from electricity power stations equivalent to about 2% of total national emissions (assuming current mix of fossil and renewable energy sources)