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Feasibility Study for Electric Cars in HCM

The document proposes introducing electric cars to Vietnam. It outlines a vision to establish a modern electric car distribution system and charging stations across Ho Chi Minh City. The proposal aims to create over 1,000 jobs and meet customer needs through electric vehicles that are cleaner and produce lower emissions than gas cars. Market research found high interest among wealthy residents in District 7, with potential demand from 20,000 foreigners and wealthy Vietnamese. Risks include the technology being popular mainly among high-income groups and potential cybersecurity and battery reliability issues for electric cars. The proposal promises a 3-year warranty and refund period to address reliability concerns.

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Vy Pham Nguyen Khanh
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41 views2 pages

Feasibility Study for Electric Cars in HCM

The document proposes introducing electric cars to Vietnam. It outlines a vision to establish a modern electric car distribution system and charging stations across Ho Chi Minh City. The proposal aims to create over 1,000 jobs and meet customer needs through electric vehicles that are cleaner and produce lower emissions than gas cars. Market research found high interest among wealthy residents in District 7, with potential demand from 20,000 foreigners and wealthy Vietnamese. Risks include the technology being popular mainly among high-income groups and potential cybersecurity and battery reliability issues for electric cars. The proposal promises a 3-year warranty and refund period to address reliability concerns.

Uploaded by

Vy Pham Nguyen Khanh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd

Date: 19 November, 2020

To: Ho Chi Minh City People’s Committee.

From: Group 2
Subject:Feasibility of Business Communication

We are proposing a new potential product to VietNam: Electric Car. About Vision
statement: We are trying to building a modern distribution system, professional
services to provide users with prestige and quality electric car products, leading in
clean energy electric car in the Vietnamese [Link] our Mission: We want to
create a clean environment by using electric car which is quieter, have no exhaust
emissions, and lower emissions overall. Furthermore,we create for more than 1000
jobs for citizens, Create new electric car used renewable energy, increase service and
product to meet the need of customer.

About Core value: We appreciate responsibility, [Link] focus on innovation and


creativity. Our company is a home for employer, and employee. Our company located
in district 7 , near central of HCM city, whose fee for house is reasonable but a high
demand for transportation.

Product and Services


Products: Electric cars and charging station.
Services:
Provide a common – use electric car service in Ho Chi Minh City by
manufacture and sell electric cars with high quality and reasonable prices.
Provide charging station around Ho Chi Minh City.

My group has conducted the survey in district 7 about the demand of using
transportation. In high class About 70% of people interested in electric car. In
another class: About 40% of these people want to try new project : electric car.
According to the research, about 20.000 foreigner gathering in district 7 who are
afford to use electric car, without mention of Vietnamese rich people in area of PMH
midtown.(Source:[Link]
[Link]). Therefore, the potential of
consuming these products account 2/3 successful rate

Market Analysis
Environmentally friendly
Cut down on traffic congestion
Different ages
Financials
Reasonable price for best service
Gain huge profits rom customers
Standard financial company

Why should we choose electric car?


Cut the oil use: The exploitation and transportation of oil currently is a
complicated problem causing many conflicts among countries. Electric car can
reduce that problem by cutting the use of oil and using electric power.
Convenience: Instead of finding a gas station on the way, electric car users can
charge at home, and when the energy is full, the car run smoothly for around
300 kilometers. Furthermore, charging station using renewable resources will
be placed in every district of Ho Chi Minh City to guarantee that cars don’t
run out of energy on their way.

Here are some risks that should be considered. Electric cars are mostly popular among
high-class people. Cyber concerns: Electric cars are likely to have increased
connectivity and reliance on data, sensors and software, including artificial
intelligence, to manage vehicle systems and aid driving. As with conventional
vehicles, increased connectivity is likely to give rise to cyber vulnerabilities,
including the threat of malicious attacks, system outages, bugs and glitches. There
have already been product recalls in the automotive sector as a result of cyber
security. Safety and reliability: Battery life and performance are critical issues for
electric cars. Given the high cost of replacement or repair of battery units, a failure to
live up to performance guarantees will pose questions around liability for
manufacturers and suppliers.
Source:

([Link]
[Link]#:~:text=Fire%20threat,or%20subjected%20to%20high
%20temperatures.)

We ensure that we guarantee that all of the personal data will be in security. We will
not use customer’s personal data to our business partner. We provide insurrance for
electric car in 3 year. In the duration of 3 years, if you have any problems with your
car, we will fix it free. Furthermore, during 1 months, if you don’t satisfy with your
electric car, we could collect that car and give you a new one.

This is our feasibility of new products. Hope you reply this letter as soon as possible.

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