A Study on the Adoption of Electric Vehicles in India
Kunal Kalidas Bandkar
Research Student Department of Information Technology,
K J Somaiya Institute of Technology, Vidyavihar, India
Abstract
India, with its burgeoning population and rapid urbanization, faces pressing challenges related to air pollution, energy security, and climate change. Electric vehicles (EVs) present a promising solution to address these issues by reducing emissions and dependence on fossil fuels. This study aims to analyze the factors influencing the adoption of electric vehicles in India. The research begins by providing an overview of the current state of the automotive industry in India and the government's initiatives to promote electric mobility, including policy frameworks, subsidies, and incentives. Drawing on existing literature, the study identifies key drivers and barriers to EV adoption, including technological, economic, infrastructural, and socio-cultural factors. Using a combination of qualitative and quantitative methods, including surveys, interviews, and data analysis, the study investigates consumer perceptions, preferences, and purchasing behavior regarding electric vehicles. It examines factors such as range anxiety, charging infrastructure availability, vehicle cost, and the influence of social norms and peer behavior on EV adoption decisions. Furthermore, the study explores the perspectives of stakeholders, including government agencies, industry players, electric vehicle manufacturers, charging infrastructure providers, and environmental organizations, regarding the challenges and opportunities in promoting electric mobility in India. Based on the findings, the study proposes recommendations for policymakers, industry stakeholders, and other relevant actors to accelerate the adoption of electric vehicles in India. These recommendations encompass strategies to enhance charging infrastructure development, reduce EV costs, increase consumer awareness and education, and incentivize EV adoption through targeted policies and programs.In conclusion, the study underscores the importance of concerted efforts from government, industry, and civil society to overcome barriers and foster a conducive ecosystem for electric vehicle adoption in India. By transitioning towards electric mobility, India can not only mitigate environmental degradation but also achieve energy security and economic prosperity in the long run.