Understanding consumer choices and attitudes toward electric vehicles: A study of purchasing behavior and policy implications

Deepak Gautam and Nomesh Bolia

Sustainable Development, 2024, vol. 32, issue 5, 4895-4915

Abstract: Electric vehicles (EVs) hold promise for curbing emissions and promoting sustainable urban development in India, aligning with Sustainable Development Goals (SDGs). However, their uptake remains below expectations. This study delves into factors influencing EV adoption, exploring socioeconomic determinants, technical specifications, cost considerations, and policy impacts. It also assesses the role of charging infrastructure accessibility, demographic disparities, and battery end‐of‐life perceptions. The research identifies key socio‐economic factors driving consumer choices and perceptions of EVs through a comprehensive survey and logistic regression analysis. The findings will guide policymakers and businesses in developing effective strategies to promote EV use, supporting SDGs related to sustainable cities, communities, and economic growth. The insights gained from this study can inspire private sector growth and innovation, leading to new business opportunities that benefit companies and consumers. This research represents a crucial milestone in advancing sustainable transportation solutions in India and creating a better future.

Date: 2024
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https://doi.org/10.1002/sd.2939

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Persistent link: https://EconPapers.repec.org/RePEc:wly:sustdv:v:32:y:2024:i:5:p:4895-4915

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