Question one
Yes, electric cars may become a viable alternative to gasoline-powered vehicles. The electric car has many advantages over its gasoline-powered counterpart, such as lower operating costs, zero tailpipe emissions, and the potential for longer driving ranges. Additionally, electric cars can be powered by renewable energy sources, making them even more environmentally friendly (Elshurafa & Peerbocus, 2020).
In the context of KSA, electric cars are part of the Saudi Vision 2030, which is the Kingdom’s plan to diversify its economy away from oil and reduce its carbon footprint. The Saudi government has announced plans to increase its electric car fleet vehicles by 2030 and is investing heavily in electric car charging infrastructure. This commitment to electric vehicles will likely result in increased adoption in the Kingdom, and electric cars may become a viable alternative to gasoline-powered vehicles shortly (Alotaibi, Omer & Su, 2022).
Question two
BYD Mission: To be the world leader in the manufacturing of electric cars and offering innovative technology.
Objectives:
1. To produce the most efficient and reliable electric cars in the market.
2. To be the first to introduce electric cars to the market with the latest technology.
3. To position the company as an industry leader with innovative and sustainable solutions.
Distinctive Competence: BYD’s unique competitive advantage lies in its focus on electrical engineering and battery technology and its ability to develop innovative solutions.
Key Decisions:
1. Develop a long-term battery technology and electric vehicle engineering strategy that allows for scalability and innovation.
2. Identifying and investing in key suppliers and partners who can provide the solutions for BYD’s electric car ambitions.
3. Establishing a streamlined and efficient supply chain management system that allows for the efficient production and delivery of electric cars.
4. Investing in research and development to ensure the company remains at the forefront of electric car technology.
5. Focusing on customer experience and satisfaction ensures that BYD cars remain competitive.
Question three
Electric cars are an important part of Saudi Arabia’s vision for the Neom City project. Electric vehicles provide an economical, sustainable, and efficient way to power transportation. According to Almutairi (2021), by utilizing electric vehicles, the Neom project can reduce the reliance on fossil fuels and improve the city’s air quality. This, in turn, will reduce the emissions of greenhouse gases, making Neom a more sustainable and environmentally friendly city. Electric vehicles are much quieter and less polluting than their gasoline counterparts, making them ideal for Neom’s urban environment.
By investing in electric vehicles, Saudi Arabia can significantly reduce the cost of transportation and help create a greener and more efficient city. This, in turn, will help the Kingdom meet its vision for the Neom project and create an attractive, modern city for the future (Alam et al. (2021). Furthermore, electric vehicles are becoming increasingly popular in Saudi Arabia, with the government introducing incentives and subsidies to encourage the use of electric vehicles. This is helping to boost the number of electric vehicles on the road, as well as providing a boost to the economy.
Electric cars also offer several safety features that make them a great choice for the Neom project. For example, electric cars are equipped with advanced safety features such as anti-lock brakes, traction control, and airbags. This helps to reduce the risk of an accident and improve the overall safety of the city (Indu & Aswatha Kumar, 2020).
Additionally, electric cars are less prone to breakdowns and require less maintenance than gasoline cars, meaning that Neom City can benefit from fewer breakdowns and a more reliable transportation network ( Zaggia, 2022).
Electric cars are an important part of Saudi Arabia’s vision for the Neom project. By utilizing electric vehicles, the project can reduce reliance on fossil fuels and improve the city’s air quality. Furthermore, electric cars offer several safety features and require less maintenance, making them a great choice for the Neom project. By investing in electric vehicles, Saudi Arabia can significantly reduce the cost of transportation and help create a greener and more efficient city.
