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You are the CEO of a startup company that has developed an innovative electric car. You are considering entering the automobile industry. You decide to use Porter's Five Forces model to analyze the competitive environment. Which of the following best describes the 'Threat of New Entrants' in this scenario?
Options
A.The risk that established automobile companies might start producing electric cars as substitutes for your product
B.The bargaining power of your potential customers who might prefer traditional gasoline cars over your electric car
C.The possibility that other startups will also enter the electric car market with their own innovative designs
D.The competition between your startup and existing automobile manufacturers in the electric car market
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