Question: Chargex has invented a new battery technology that solves nearly all of the issues associated with Lithium Ion batteries. It is called a Quantum Glass

 Chargex has invented a new battery technology that solves nearly all

Chargex has invented a new battery technology that solves nearly all of the issues associated with Lithium Ion batteries. It is called a Quantum Glass battery. Instead of using a liquid electrolyte like a standard lithium battery it uses a solid state electrolyte. That means the dendrites which can form in standard lithium ion batteries and can ultimately cause violent shorts and related res and explosions cannot happen in this new battery technology. It also charges 10 times faster than a standard Ll battery, and it holds 3 times more charge. The engineering team estimates it will cost no more than current Ll battery technology costs at scale. However, the technology is still in the lab phase and has not been produced in volume or at scale, and still needs to undergo extensive life-testing and customer testing to ensure that it really performs as expected in mass production. It is reasonable to assume that this technology is Rare, since Chargex is the only inventor or owner of the battery technology. According to the VRIO framework what else will be needed for Chargex to gain a sustainable competitive advantage from this new battery ted1nology and how might the rm ensure the requirements of the VRIO framework are successfully met for ead1 element of the VRIO? In other words for the remaining three elements of the VRIO (VlO), how can an analyst externally measure that each of those requirements are met? Please provide a brief sample of how the company might achieve or demonstrate each of the additional items needed for it to successfully satisfy all the requirements of the VRIO framework. Be specic wlth your suuestions. [25]

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