Question

reasons why traditional car companies are competing with each other in providing various offerings of hybrid of electric cars to its customer

Answer 1

Answer:

Explanation:

Basically as the times advance traditional car companies too have to keep up with the competition for their name in the market. This is a fact that to keep up with the competitive market one needs a variety of offerings. For example: If you are selling traditional cars you switch towards a new market of electric cars.

why?

1- You want to expand into a new market while keeping the nature of your business same.

2- You want to product goodwill for the customers * you sell your cars on the slogan of them being more environment friendly*

3-They are more cost effective in comparison to traditional cars.

Answer 2

Answer:

It's simple... to increase production and profit, they do so...........