Tag Archives: hybrid and electric vehicle repair and maintenance

17th Street Automotive FUTURE EV Business Plan

17th Street Automotive FUTURE EV Business Plan

a 5-year plan for an Electric Vehicle (EV) aftermarket parts business, with a focus on research and development (R&D) to improve the EV industry, involves several key steps:   Market Analysis:   Year 1: Conduct comprehensive market research to understand the current landscape of the EV aftermarket parts industry, identify gaps in the market, and analyze consumer demands. Year 2: Continue to monitor market trends and emerging technologies in the EV space to adjust the business strategy accordingly. Product Development:   Year 1-2: Start with designing and developing a core range of aftermarket parts that address the most immediate needs of EV owners, such as improved battery packs, more efficient cooling systems, and performance-enhancing software updates. Year 3-5: Diversify the product range based on customer feedback and emerging market needs, focusing on innovation and sustainability. R&D Investment:   Year 1: Establish an R&D department a ... read more