Saturday, May 28, 2016

Venture Concept 1



In recent years, technological development and cultural changes have lead our society to complete dependence on energy and electricity.  Nearly everything we do and use requires energy, and this does not come without a cost. Currently, a vast majority of our energy is provided by the combustion of fossil fuels. This process releases carbon dioxide and various other pollutants into the atmosphere which can build up and lead to global warming. Scientists warn that if we do not change our current energy system, sea levels will rise, climates will change, and many animals will die.  These facts aside, the acquisition of oil can also be extremely dangerous and harmful. Because oil is a limited resource that can theoretically run out, wars have been started over it’s acquisition. While our country can not produce infinite fossil fuels, the sun, wind, and other resources are constantly running and can be harnessed to produce electricity.  For these reasons I have decided to create an entirely self sufficient automobile. 

With large scale commercial projects, household power can make a relatively simply transition to a primarily renewable system.  Transportation, however, has been intrinsically linked to oil and fossil fuels for decades.  With the purchase of a car, there is an implicit cost of filling your tank multiple times a month.  Despite recent downward trends in gas prices, these cost still add up and can be extremely expensive. This creates an opportunity for a car that does not require such expenses. Rather than requiring external fuel, my car design would include a solar panel on the hood of the car that can collect energy to be stored in a battery and used to run the car. In a sunny place like Florida this can be extremely effective, allowing people to drive without the input of fossil fuels. Additionally, once the car is set in motion, a wind turbine will be utilized to collect wasted energy from the kinetic energy of the car’s motion.  This will allow the car to sustain power and speed for long trips. When conditions are less favorable, this will be extremely useful as the energy of motion will create this no matter what the conditions.

Such a product would have a massive client base and would be guaranteed to succeed. Anybody who drives would be able to see the benefits of driving such a car.  Over time the gasoline savings would male this car the clear choice for any consumer looking to cut back on their gasoline spending.  While the car may be expensive to purchase, such savings can justify a high upfront cost. This unique advantage allows my product to stand aside and above all other cars, including current green options like Tesla and Prius.

Becoming the first to market self sustaining automobile will be a huge advantage.  The savings and environmental benefits are undeniable and few will be able to refuse.  This will set the stage for major success among a range of demographics.  Those who are less concerned with the environmental benefits will still be able to see the long term financial motives. Additionally, the environmental motives become more and more relevant by the year.  Such a universal client base leaves the ceiling for such a concept extremely high.

In theory, this idea sounds fool proof. However, the technology is extremely new and primitive.  Creating this concept will require major research and development costs.  Current solar panels must improve their efficiency before this concept can be considered viable.  The best way to hit the market immediately would be to offer interchangeable parts that can be swapped once the technology improves.  This will discourage people from waiting until the technology develops to make their purchase.  Instead they would be able to make the purchase now and easily upgrade if a new model comes about. This would also create a major revenue stream.  Between these options the company is bound for success.


Ideally, this self sustaining automobile will revolutionize the transportation industry. Consumers will immediately feel the benefits of their independence from gasoline.  In just a few short months the savings will be extremely significant.  Such tangible results will create a product that essentially sells itself. My staff will see this and be extremely passionate about the product they are selling.  It will be easy for them to sell because they will simply outline the facts and let the consumer make the educated decision. Such a passionate work force will be a reliable asset when it comes to sales.

1 comment:

  1. Thank you for your post Zach, I can definitely tell that you feel very passionate about the environment. I have also thought about this idea of building cars that run on solar power but I wonder what may be some of the reasons much of the car companies are working on electric and gas instead. I think solar energy will be the cheapest of them all since they will be able to simply use the sun's rays to function.

    ReplyDelete