Mapping Inclination towards Electric Vehicles

Abstract

The global pollution is rising and every effort is being made to make earth a greener and a sustainable planet. India is the third largest greenhouse gas emitter in the world. In order to combat the effects of fuel emissions, The Government of India is promoting the adoption of Electric Vehicles and aims to achieve selling only e-vehicles in India by 2030 with a vision of reducing the carbon emissions. The effect of electric vehicles on air quality and GHG emissions can be favorable. India is currently the 5th largest automobile industry in the world. Currently, e-vehicles sales contribute only around 1% of the total automobile sales. There are multiple reasons because of which the electric vehicles industry in India has been on a back seat. This paper is aimed at mapping the inclination of potential customers towards the factors that are considered most important or the factors that would drive the decision of the customers to purchase and shift to e-vehicles. The factors we are trying to analyze include the range of the vehicle (driving distance), Charging time, Battery recycling, Government policies, Environmental concerns, Speed, charging infrastructure, purchasing cost, maintenance cost, life of the Vehicle and availability of options in each segment at different price points. The methodology used is primary research. Data is collected through a structured questionnaire and the respondents are the potential vehicle buyers

Keywords: Electric Vehicles, Greenhouse Gases, Charging Infrastructure, Global Warming