An electric car is an automobile that is powered by one or more
electric motors, using electrical energy stored in rechargeable
batteries or other energy storage devices. A new entrepreneur firm
is trying to develop a mobile application identical to Uber for
providing transportation service to the citizens. However, their
concept is using only electric cars. Their motto is transforming
the taxi industry into a sustainable format.
Questions to be answered:
Discuss the economic, societal, and environmental impacts of
such a transformation towards electric car based public
transportation.
How feasible is this project? What risks do you think exist for
this entrepreneur firm? What risk management tools can be used to
manage these risks?
Develop a risk matrix to analyze the risks you listed on Part B.
What other tools/methods would you use to analyze these risks other
than the risk matrix?
