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Analyze the Threat of Substitute Products Describe the bargaining power of suppliers in the new industry (The new industry that would be a good

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Analyze the Threat of Substitute Products Describe the bargaining power of suppliers in the new industry (The new industry that would be a good fit for our company is Electric Vehicle engines). Assess the threat of substitute products in the new industry. Be sure to answer the following questions: Are other products emerging in this industry that might compete with existing products? What are these possible competing products? Are these possible competing products cheaper to produce than the industry's current products? Are these possible competing products better in other ways? Could these possible competing products force your company out of the market?

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