The survey asked the respondents about the income their companies were generating as a way of identifying where the companies were in the stage of business development. The responses to this question show that the largest number of responding companies are at a very early in their point with over a third focused on pre-commercialized research and development.
At higher stages of development, nearly a third of those responding have been generating revenue for more than three years. This indicates that there is a significant need for support in helping these companies perfect their products and move their goods into the market.
Figure 4-2: Please indicate at what stage of development is your business? (Q-3)
Source: OTREC EV Industry Needs Assessment Survey, CPW July 2011
The survey requested information about the number of people that were employed by responding businesses. Corresponding to the developmental stage of the EV businesses, the survey shows a similar spread of the number of people employed by these businesses with a 70% of the companies having only one or two full-time equivalents while the top 30% employ between five and twelve employees.
Figure 4-3: What is the approximate number of employees that work on EV-related business at your company? (Q-4)
Source: OTREC EV Industry Needs Assessment Survey, CPW July 2011
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