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Journal of Social Welfare and Management

Volume  14, Issue 3 (Part-I), September-December 2022, Pages 123-129
 

Review Article

A Study to Examine Consumer Adaptation Towards EV

Poojasri S, Siranjeevi S,

1 MBA IInd year, 2 Faculty, Measi Institute of Management, Chennai 600014, Tamil Nadu, India

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DOI: http://dx.doi.org/10.21088/jswm.0975.0231.14322.12

Abstract

The first electric vehicle, or EV for short, appeared in 1828. Electric vehicles, on the other hand, have just recently experienced a surge in popularity. A variety of factors, including heightened awareness of climate change, technological breakthroughs, and the ascent of wellknown figures in the electric car business; have contributed to the recent expansion of the electric vehicle. It is of great importance for whole world to switch from non-renewable energy vehicles to clean energy for transportation. Electric vehicle is the major fillip on that, and the research divisions of various automobiles are experimenting with the viability of hydrogen vehicles and it yet to be found feasible.In this study, we are attempting to comprehend the most crucial elements in customer adoption of electric vehicle technology, and how those factors of performance, cost and charging infrastructure, negatively affect consumers to buy electric vehicles. A quantitative study is been exercised using structured and standard questionnaire, using Statistical software package (SPSS).The study identified a number of variables that affect the adoption of electric vehicles, including financial limits, vehicle performance constraints, a lack of equipment for supplying electric vehicles, environmental concerns, societal influence, and social awareness of electric vehicles. The study's findings assist policymakers in changing the present approach to electric vehicles in developing countries.


Keywords : Consumer Intentions; Electricvehicle; Consumer adoptions; Charging infrastructure; Performance barrier; Financial barrier and Incentives.
Corresponding Author : Siranjeevi S