2. What trends in external environment favored the pursuit of the Chevy Volt project? After the project was dropped in 2003, there’re a lot of changes in external environment which pushed Lutz and Burns to review the Chevy Volt again. Firstly, by 2006, oil price surged because of high demand by developed countries such as China and India and limited supplies. People started to find energy-saving cars instead of SUV cars which consume oil a lot. Moreover, TOYOTA drove the fuel-efficient car trend by launched Hybrid Car, Prius, and it’s succeeded. TOYOTA showed that there’re demands for fuel-efficient car. Secondly, global warming is more concerned. There’re regulations to limit Carbon Emission and charge for exceed carbon emission. Fuel cars are the major source of CO2 release over the world. Besides, each country tries to reduce Carbon Emission in their country so customers who buy battery-power technology car will take benefit
2. What trends in external environment favored the pursuit of the Chevy Volt project? After the project was dropped in 2003, there’re a lot of changes in external environment which pushed Lutz and Burns to review the Chevy Volt again. Firstly, by 2006, oil price surged because of high demand by developed countries such as China and India and limited supplies. People started to find energy-saving cars instead of SUV cars which consume oil a lot. Moreover, TOYOTA drove the fuel-efficient car trend by launched Hybrid Car, Prius, and it’s succeeded. TOYOTA showed that there’re demands for fuel-efficient car. Secondly, global warming is more concerned. There’re regulations to limit Carbon Emission and charge for exceed carbon emission. Fuel cars are the major source of CO2 release over the world. Besides, each country tries to reduce Carbon Emission in their country so customers who buy battery-power technology car will take benefit