First Plug-in Electric Car in Market
Chevy Volt Hybrid Races To The Top
In January, Trend Hunter covered the release of the Chevy Volt. Now, General Motors announced that it will begin road testing its Chevrolet Volt plug-in hybrid in the spring of next year and remains on track to produce the rechargeable car by late 2010. The Chevy Volt concept car was spotted driving around on the streets of Washington DC last month. The race is on to bring a mass-market, plug-in rechargeable electric vehicle to the market.
Trend Themes
1. Mass-market Electric Vehicles - The trend of producing mass-market, plug-in rechargeable electric vehicles is set to rise, with an emphasis on sustainability and environmental consciousness.
2. Rechargeable Car Technology - As the automotive industry continues to explore alternate fuel sources, the trend of rechargeable car technology is expected to grow immensely as a sustainable means to power vehicles.
3. Road Testing Electric Cars - There will be a growing trend in the road testing and development of electric cars, which will further fuel innovative and disruptive approaches to engineering and design in this industry.
Industry Implications
1. Automotive Industry - The automotive industry can capitalize on disruptive innovation opportunities by investing in the production and marketing of electric cars and other sustainable vehicles.
2. Renewable Energy Industry - Renewable energy industries can explore disruptive innovation opportunities in the development and production of sustainable energy sources for electric vehicles, such as solar or wind-powered charging stations.
3. Technology Industry - The technology industry can pioneer disruptive innovation in the development of the software and hardware systems for electric cars, such as charging systems, battery management systems, and other interfacing technologies.