Factors influencing the adoption of electric vehicles in India: an empirical analysis. (15th November 2022)

• Record Type: Journal Article
• Authors: Goswami, Rajeev
• Is Part Of: International journal of electric and hybrid vehicles. Volume 14:Number 4(2022)
• Page Start: 354
• Page End: 374
• Publication Date: 2022-11-15
• Subjects: electric vehicles -- public policy -- willingness to purchase -- logistic regression -- India; Electric vehicles -- Periodicals; 629.229305
• Languages: English
• ISSNs: 1751-4088

Abstract

Electric vehicles (EVs) adoption has potential to address greenhouse gases emissions, energy dependency and resource scarcity. The Indian government has implemented policies and incentives to foster EVs adoption. Considering Indian scenario, an EV purchasing model is proposed that comprises various demographic and behavioural factors. A survey was conducted in six cities of India (Delhi, Bengaluru, Mumbai, Nagpur, Kolkata, and Dehradun). By using logistic regression (LR) methods and three-way contingency chi-square a novel EV purchasing model is proposed. The LR method reveals that several behavioural factors such as age, environmental consciousness, price, brand, performance, etc. impact willingness of consumers to adopt EVs. With chi-square statistics, the demographic factors such as education level and marital status influence the EV buying behaviour. These factors may facilitate the government to frame more efficacious policies and assist the industry actors in designing diverse marketing and sales strategies to increase the adoption rate of EVs.