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Sid Krishnamurthi The rate of innovation has sharply increased since the early 1900s, when the ICE (internal combustion engine) car was introduced, contributing to the astounding development of cars. Toyota Prius, the first commercially available hybrid vehicle, was introduced to the market in 1997. A few years later, Tesla debuted the "Roadster", the first commercially available electric vehicle (EV). Vehicle...

Mother Russia is the Eastern Europe`s “land of opportunity” and one of the most renowned countries for counterfeit products, starting with sports articles, mobile phones and moving on to the auto industry, where the counterfeit engine oil business has alarmingly increased over the past few years. It is also the case of two young “entrepreneurs” from Moscow who managed to...