An empirical study on consumer attitude and perception towards adoption of hydrogen fuel cell vehicles in India: Policy implications for stakeholders
Sidhartha Harichandan and
Sanjay Kumar Kar
Energy Policy, 2023, vol. 178, issue C
Abstract:
The present study empirically tests the adoption of hydrogen fuel cell vehicles (HFCV) through the role of attitudes, perceptions, environmental concerns, and the effect of policy implications. An online survey was conducted among Indians who are knowledgeable and aware of HFCV developments in the country. A multi-stage stratified sampling technique was used to acquire the data. The paper examined a postulated model using structural equation modelling. The findings of this research confirms that motivation and knowledge sharing had a significant effect on attitude toward HFCV adoption. Potential adopters perceived that risk, cost, and infrastructure significantly impact HFCV adoption. In addition, the research indicates that stakeholders may influence buyer attitudes through suitable government policy and coordinated affirmative actions, including incentives for HFCV manufacturers, refuelling stations, HFCV buyers, and infrastructure developers. The infrastructure developers need viability gap funding to address the financial constraints and create enabling eco-system for a higher HFCV adoption.
Keywords: Incentives; Attitude; Adoption-intention; Hydrogen fuel cell vehicles; Policy formulation and implementation; Strategy (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (7)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:178:y:2023:i:c:s0301421523001726
DOI: 10.1016/j.enpol.2023.113587
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