electric car

The product service that I have chosen to do my research project on is the electric car. The first practical electric car was built by J. K. Stanley from England, and Fred M. Kimball of Boston, Mass. in 1888. Then in 1896 they convinced the Woods Motor Vehicle Company of Chicago to build them. Mr. Kimball and Mr. Stanley borrowed extensively from their friends and family. They were both positive that their electric car would sell. So, …

…their electric car would sell. So, it came with great excitement when the Woods company accepted their offer and decided to build their car. In my opinion Mr. Stanley and Mr. Kimball had the necessary characteristics and resources needed to pull their venture off. The electric car was a market-pulled innovation because people saw the need for cleaner air. A market-pulled product is when the entrepreneur identifies a problem and creates a product. ------------------------------------------------------------------------ **Bibliography**