Taichi, an electric car brand, is known for its excellent au…
Taichi, an electric car brand, is known for its excellent autonomous driving capabilities and reduced emissions. However, most of its users complain of certain technical issues after a period of one year. The company is well aware of these issues because it has deliberately designed these products to fail after a certain period—a strategy to generate revenue through service charges. In the context of business behavior, Taichi’s business conduct is an example of planned obsolescence.
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