Final Project Report
Electric Vehicles existed over a century ago, but they were put into extinction because of invention of the internal combustion engine and its use in automobiles. Today, as gasoline prices rise and the overall supply of oil decreases globally, alternative fuel sources are sought after. With the advent of the computer and advancements in battery technology, the electric car has a bright future ahead. Furthermore, Tesla Motors is taking steps in the legitimate leadership of the world revolution by Gigafactory that Tesla Motors is in the process of aggregating a huge battery factory. This huge facility may be perspective to decrease the cost of batteries by 30% as well as car's cost reduction to be affordable to middle- income.
Tejohanish, M. and Alheayk, Zuhair, "Green Cars: Do Open Innovation and Partnerships Help Tesla Motors to Improve Battery Performance and Cost Reducation" (2015). Engineering and Technology Management Student Projects. 255.