Thu-Cuc Nguyen: Future Scenario

The automobile industry will shift its production to produce only hybrid cars in order to be economically efficient and to maintain their competitive in the market.

Predetermined elements:
Due to limited natural resources and the rising of gas price, in the year 2017 the automobile industry will shift its production to produce only hybrid cars. Hybrid cars are more fuel efficient and they that consume less fuel. In addition, companies are being pressured by external factors such as the environment and the government; the environmentalists demand that the automobile companies to manufacture cars that pollute fewer emissions that regular cars. Hybrid cars have known to pollute less emission, up to 90%, than regular cars, so it would be more environmentally friendly to make hybrid cars.

Will car manufacturers have the capability to make all hybrid cars in the year 2017? Will the technology be more advanced so that it would be more efficient for car manufacturers to shift its production to hybrid cars? To what extent does hybrid cars would be more environmentally friendly than regular cars? Will the consumers favor hybrid cars over regular cars and will car manufacturers be prepared to tailor their productions to both the consumers’ and regulators’ demand?