2. Identify other Electric Drive players in APAC
e.g.
Identify the threats of substitute
e.g. Germany's premium carmaker BMW is suing
China's Shuanghuan for cloning one of its
models and selling it at a lower price.
Threats of new players
Conduct surveys to find out what are their
considerations when comes to buying electric
car
3. Identify the number of drivers in APAC who
are using Electric cars over the last 5 years
Show the average annual income of drivers
Predict the number of drivers in APAC who
would use Electric cars in the next 10 years
Identify the existing market shares by other
players (Japan and China EV manufacturers)
Calculation of Total Addressable Market
4. Develop exclusive parts which are
irreplaceable
Patent protection to avoid plagiarism
Identify the blacklisted manufacturers who
constantly commit plagiarism
Pricing strategy
Look for low-cost labor as manufacturing site
such as Indonesia for assembly works