Abstract
The automotive industry is undergoing a transformative phase driven by concerns over environmental sustainability, energy efficiency, and technological advancements. In this context, the shift from conventional internal combustion engine vehicles to electric vehicles (EVs) has emerged as a focal point. This paper conducts a comparative analysis of operational pros and cons between conventional internal combustion engine vehicles and electric vehicles, using Tesla as a case study. This paper undertakes a comprehensive comparative analysis of financial and operational aspects among leading automotive companies: Tesla, Volkswagen, and Toyota. This comparative exploration highlights the transformative potential of the new energy vehicle sector.
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