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To propel the existing electric vehicle (EV) business towards sustainability, SATYADARSHAN Technologies & Services (STS) needed to prioritize infrastructure expansion, cost reduction, and technological innovation. This entails investing in charging infrastructure, optimizing manufacturing processes, and staying abreast of advancements in battery technology. Targeting new customer segments and international markets while leveraging government incentives and advocating for supportive policies were crucial for market expansion. Additionally, optimizing the supply chain, educating consumers about EV benefits, and fostering strategic partnerships can enhance the company's competitive edge. Implementing a feedback loop for continuous improvement and innovation ensures agility and responsiveness to market demands. By executing these strategies effectively, STS can solidify its position in the EV market and contribute significantly to a greener transportation landscape.
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This page is a summary of: Satyadarshan Technologies & Services: revolutionizing urban mobility?, Emerald Emerging Markets Case Studies, September 2024, Emerald,
DOI: 10.1108/eemcs-12-2023-0520.
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