With aggressive emissions and fuel economy standards set for the coming years, automakers feel increased pressure to implement new technologies to produce clean vehicles while struggling to remain competitively priced and accessible to mass market purchases.
Climate change is compelling governments to provide subsidies and incentives to the clean energy industry. This trend impacted Tesla’s operating model by fostering an opportunity for rapid industry expansion and innovation.
Auto manufacturers will be forced to get creative in an increasingly regulated and competitive landscape.
How L’oreal is setting the standard for sustainability in the beauty industry.