Question: Explain how the two industries are similar and different based on your Porter s Five Forces analyses. Porter s Five Forces New Industry Automotive Manufacturing

Explain how the two industries are similar and different based on your Porters Five Forces analyses. Porters Five Forces
New Industry
Automotive Manufacturing Industry
Rivalry Among Existing Competitors
The rivalry among existing competitors in the new industry of electric vehicles is high and rapidly evolving.
High because there are many businesses that sell engines to the car manufacturing sector, making the automotive industry quite competitive.

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