Battery Technology-Based Strategic Decisions of Electric Vehicle Firms-The Case of Tesla
DOI:
https://doi.org/10.54097/hbem.v21i.14335Keywords:
Tesla; Electric vehicle; Lithium-Ion Battery; Strategic Decision.Abstract
Comprehensive support for the electric vehicle industry promotes the development of electrical energy, and R&D in battery technology drives the exploitation of new materials for the planet. Government-enterprise collaboration effectively improves the user experience to ameliorate global warming. This paper elaborates current development status of Tesla based on battery technology (Lithium-Ion Battery), and the latest battery technology (Lithium-Iron phosphate) R&D program. In particular, it reveals whether Tesla follows the theory of strategic market management, its specific strategic decision, sustainability impact on the market, and the trend of the electric vehicle industry.
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