General Motors and its Chinese business partner, SAIC Motor Corporation, have unveiled the EN-V (Electric Networked Vehicle) concept car in Shanghai. EN-V is a two-wheeled emission-free vehicle that will network with other vehicles via Global Positioning System and distance-sensing technology to avoid any accidents and reduce traffic congestion in cities.
En-V's two wheels are propelled by electric motors powered by lithium-ion batteries. EN-V can travel upto 50 kilometers on a single charge.
Implications - The demand for new modes of transportation is at an all time high because consumers have grown weary of high gas prices as well as the negative environmental impact automobiles currently have on the planet. Corporations outside of the automotive industry may consider implementing cost-effective green initiatives into the production of their wares as it will likely entice consumers into buying their goods.
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