A hybrid car uses two or more distinctive sources of power to move the vehicle and the term usually used to refer to hybrid electric vehicles that combine a normal internal combustion engine and a number of electric motors (Hantula and Voege, 2010, p. 19). This cars also…
Various advanced technologies that are utilized by hybrids include regenerative braking which is characterised by the electric motor applying resistance to the drivetrain consequently forcing the wheels to slow down (Fuhs, 2009, p. 73). In response, the energy form the wheels will turn the motor that acts as a generator which converts energy that usually goes to waste during braking into electricity and battery is used for storing the electricity until when it will be required by the motor (Lagunoff, 2008, p. 156).
Another technology that is used by the hybrid vehicles is the electric motor assist where the electric motor avails more power to help the engine during acceleration, overtaking or going up a hill. Therefore, a smaller and more efficient engine can be used while in some of the cars, only the motor avails power needed for driving in low speed conditions where internal combustion engines are not very effective. They also employ automatic start and shut off that shuts of the engine spontaneously when the car pulls to a halt and starts it again it when the motorist presses on the accelerator. The automatic start and shut off is important in preventing wastage of energy from idling.
Toyota is a leading corporation in manufacturing, assembling as well as supply of cars all over the globe. One of the key reasons for the company’s good performance is the efficient management system that it employs (Czinkota and Ronkainen, 2013, p. 535). There are several other striking attributes that have enabled the company to achieve its place as a market leader. The type of market structure that the company functions in cannot be defined clearly and in some cases, it is considered to be a monopoly. The dominance of the company in the market is what makes the company to be seen as operating a monopoly. The company’s differentiation approach has enabled it to have a monopolistic existence particularly in the emerging nations. Conversely, the ...
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