The Electric Revolution

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Submitted By sahanwijeratne
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Assignment 1

MBA/15/3904 Sahan Wijeratne

Group – A [A-3]

Course : MBA 509: Business Law Instructor : Dr. Wickrema Weerasooriya Term : July – September 2015

Postgraduate Institute of Management University of Sri Jayewardenepura

Declaration

“I am fully aware of the content under “plagiarism” stated in chapter 6 of the PIM student handbook, and I hereby declare and affirm that I have strictly observed the law relating to intellectual property, copyright and plagiarism in this exercise”

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Sahan Wijeratne
MBA/15/3904
08th October, 2015

1. Introduction – The Inception of the Modern Electric Vehicle The concept of the Electric Vehicle, although generally conceived as a modern invention, finds its origins as early on as the turn of the Eighteenth century. An electric vehicle (EV), also known as an electric drive vehicle, uses one or more electric motors or traction motors for propulsion. An electric vehicle may be powered through a collector system by electricity from off-vehicle sources, or may be self-contained with a battery or generator to convert fuel to electricity, the latter being the base for the modern electric automobile that used globally today. Electric Vehicles first came into popular existence in the mid-19th century, when electricity was among the preferred methods for motor vehicle propulsion, providing a level of comfort and ease of operation that could not be achieved by the gasoline cars of the time. Contrary to the trends in most other sectors, greenhouse gas emissions of the transport sector are still increasing, and are predicted to grow further in the coming years, at current policies. As there is no simple solution to the challenge…...

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