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Young ppl in large city interested in 150km? Why?? :(

Oliver Wyman case: Full Electrons Ahead
New answer on Jan 01, 2022
2 Answers
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Anonymous A asked on Dec 31, 2021

Quote “The interviewee should realize that mostly young people in large cities are interested in EV with a range of only 150 km”

How do they get to this point? There are two separate graphs… how do they know about the preferences of young people IN large cities?

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Ian
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Content Creator
replied on Dec 31, 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi there,

Diagram 2 = city vs. rural

Diagram 3 = young

They are putting insights from the 2 together.

From diagram 2 you can see that WTP increases linearly for people in large cities (though the largest increase happens at the 150km mark)

From diagram 3 you can see that WTP flatlines after 150km.

Diagram 3 represents the “threshold” so to speak for young people in large cities.

All that said, I personally don't love the insight :)

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Hagen
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replied on Jan 01, 2022
#1 Bain coach | >95% success rate | interviewer for 8+ years | mentor and coach for 7+ years

Hi there,

This is indeed an interesting question which is probably relevant for quite a lot of users, so I am happy to provide my perspective on it:

Generally speaking, you can gather the information by combining charts 2 and 3. From the charts, you can see that 1) WTP increases most for the 150km mark and 2) WTP does remain unchanged afterwards. As such, you may very well derive that 150km is the most desired driving distance for young people in large cities.

In case you want a more detailed discussion on how to best approach chart analyses, please feel free to contact me directly.

I hope this helps,

Hagen

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Ian gave the best answer

Ian

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