Electric Car: A Highlight at the 2020 Dubai Trade Expo

Running head: BUSINESS TRADE
Introduction to International Business
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BUSINESS TRADE
Introduction
The 2020 Dubai trade expo is geared at encouraging many countries to showcase their
products and services that are essential for economic sustainability of the specific country.
Out of the 25 million people that will visit the trade exhibition, 75% will be from UAE. Our
exhibition product is the electric car which is not only hybrid but also efficient and cheap.
With the world’s oil reserves being depleted at a very high rate, the new technology in
electric car manufacturing will be embraced by most of developed and developing countries
by the year 2020. The Recce 120, is a hybrid electric car also an electric battery car that is
propelled by more than one electric motors using typically rechargeable batteries (Doz,
2017).
Significance of the 2020 Dubai expo on products
With an increase in air pollution from cars and factories that use fossil fuel, many
governments are encouraging the use of electric cars. A renaissance in electric car
manufacturing began in 2010 due to concerns about increase in oil prices, advances in
batteries and the desire to cut down on greenhouse emissions. Most developed countries have
incentivised electric car production by establishing tax credits, cost subsidies and many other
incentives to promote mass production of electric vehicles.
The Dubai 2020 exhibition will be a good showing point for our latest hybrid electric
car that is the cheapest in the market and has high capacity for carriage. We believe that as
the world moves towards electric movements, cars will be the most essential to people and
governments that are willing to reduce emission (Forsgren, & Johanson, 2014). The price of
an electric car is dependent on the electric range, the battery sixe and the cost of production
per unit. The exhibition will feature countries that are willing to adopt electric cars and