ipro 356: plug-in hybrid electric vehicle - Community List - Illinois ...
ipro 356: plug-in hybrid electric vehicle - Community List - Illinois ...
ipro 356: plug-in hybrid electric vehicle - Community List - Illinois ...
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Isopomoto IIT EnPRO-<strong>356</strong>, Fall 2006<br />
Table 16: Social Analysis<br />
Factors Impact on Isopomoto<br />
1. Demographics Will help to identify potential customers<br />
2. Environmental Consciousness Will def<strong>in</strong>itely help our sales and growth<br />
Table 17: Technological Analysis<br />
Factors Impact on Isopomoto<br />
1. Development of alternate fuels May reduce sales<br />
2.4.3 Barriers to Entry<br />
Figure 5: Most likely Barriers to Market Entry<br />
As a startup company, there are certa<strong>in</strong> entry barriers to confront. Err<strong>in</strong>g on the<br />
side of caution, the follow<strong>in</strong>g list of possible barriers and suggested solutions to<br />
overcome or circumvent them have been compiled (figure 5).<br />
A. High Capital Investment<br />
Barrier to Entry<br />
Internal factors External factors<br />
Large capital cost<br />
Federal regulation<br />
Our novel retrofit approach to PHEVs require special tra<strong>in</strong><strong>in</strong>g for our employees who<br />
are to become experts to the work<strong>in</strong>g and design<strong>in</strong>g aspects of the technology. Our<br />
employees are also expected to diagnose problems and assist future customers <strong>in</strong> the<br />
<strong>vehicle</strong> conversion process. The costs associated with the operation of the company, both<br />
22<br />
Patents<br />
Dramatic change <strong>in</strong> fuel or<br />
<strong>electric</strong>ity costs
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