Abstract

Electric vehicles (EVs) are one of the near-term practical solutions in-vehicle technology, which can reduce emissions leading to the greenhouse effect and dependence on fossil fuels that are correlated with conventional vehiclesconventional vehicles (CVs). Several interferences are yet to be overcome for widespread adoption of EVs, despite many benefits provided to the consumers. The tendencies of customers to resist new technology is one of the major barriers in EV adoption. Hence, the policy-related decisions that showing grim concerns of EV have a greater level of success. This research aims to identify potential environmental and socio-technical barriers to purchase of EVs and it determines if governmental policies and awareness of individuals affect the customer decisions purchasing an EV. This research tries to convey valuable insights into perceptions and preferences of technology enthusiasts, individuals who are greatly connected to latest technology developments, and those who are well equipped to sort out the numerous differences between CVs and EVs. These results can provide direction to EV engineer’s decision in including customer preference into EV engineering design. It can also help policymakers in developing transportation and energy policies. A survey-based study was conducted with a sample of 1230 people from urban cities of emerging Asian markets, i.e. India and Srilanka. The data collected were analyzed, which found perception of economic benefits, functional characteristics of EVs, awareness, knowledge, and familiarity of EVs as significant parameters, which directly have an impact on the purchase behavior of fully EVs.

Highlights

  • A total transformation in the transportation industry is required globally, to reduce the depen­ dence on fossil fuels, greenhouse gas emissions and air pollution

  • Factor analysis Factor analysis is a technique that was used for evaluating a whole matrix of all the correlations between a number of different variables to expose the latent causes of variation which could account for the correlations between many otherwise dissimilar variables

  • The results show that electric vehicle (EV) behavior, understanding, and views differ in sex, age, and education

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Summary

Introduction

A total transformation in the transportation industry is required globally, to reduce the depen­ dence on fossil fuels, greenhouse gas emissions and air pollution. According to the International Energy Agency (IEA), around 14% of worldwide greenhouse gas emissions are accountable for the transport industry alone, which is forecast to rise by 2030 to about 50%. This prediction demon­ strates that the current transport system cannot sustain in future. Due to the growing concerns environmental sustainability, electric vehicles (EVs) are considered as an option for reducing or preventing the cause of these issues Such a transformation will not be easy to achieve in an emerging or developing countries, as it demands the rise in knowledge, awareness and change in attitude EVs This interest among HEV owners seems to be based on experience and knowledge (Neenan et al, 2010). Krause et al (2013) suggest that updating the buyers about the benefits of EV technologies and available incentives is promising steps toward commercialization of EVs

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