PESTLE Analysis On Toyota Prius
PESTLE Analysis On Toyota Prius
PESTLE Analysis On Toyota Prius
Abstract
Toyota Prius Hybrid is using the Hybrid Synergy
Drive (HSD) that perfectly optimizes power from
both petrol engine and electric motor according to
the driving condition. The electric vehicle (EV)
which allows the vehicle run purely for low noise
and zero fuel consumption [1]. The objective of our
research paper is to investigate the factors that move
Toyota Prius into production. The research is based
on the PESTLE analysis (which is based on various
factors like P-political, E-economy, S-social, Ttechnology, L-legal and E-environment) by using
secondary data and qualitative analysis. In annual
sales worldwide since 1997 until 2011, Toyota Prius
is performed well and popular in global market.
Based on the analysis, Toyota Prius did move into
hybrid vehicle production which influenced by the
factors that mentioned above (PESTLE).
Keyword: PESTLE, Toyota Prius.
1.0 Introduction
In this project are mainly do research on what are
the rationales moves Toyota Prius into hybrid vehicle
production. The purposes of this task are to
investigate what are the rationales and to identify
what are the factors that move Toyota Prius into
hybrid vehicle production by using PESTLE
analysis.
Toyota Prius is a compact sedan which manufactured
and developed by Toyota. Prius was named with
meanings ahead or leading and the predecessor of
cars to come. The technology used by Prius is
Hybrid Synergy Drive (HSD) which developed by
Toyota. HSD is the technology that produces a full
hybrid vehicle that allow car to run on the neither
electric motor nor mechanical motor. The car design
is using the alternator current generator and direct
current motor which attached with the internal
combustion engine (ICE). [2] The battery in the car
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Social
Technology
Legal
Environment
Source: Various
2.0 Literature Review
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Conclusion
References
[1]
[2]
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[3]
[4]
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[6]
[7]
[8]
[9]
[10]
increase-despite-supply-disruptions/
[11]
[12]
[13]
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[22]
[23]
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[24]
Loan
Programs
Office:
https://lpo.energy.gov
U.S. Departmet of Energy. (2011, June 15).
Federel State & Incentives & Laws.
Retrieved January 17, 2012, from Energy
Efficiency
and
Renewable
Energy:
http://www.afdc.energy.gov/afdc/laws/key_l
egislation#epact92