Abstract
The paper studies the adoption of Electric Vehicles (EVs) as an option to do away with Internal Combustion Engine Vehicles (ICEV) which is the major contributors to carbon emissions in today’s scenario. The auto-mobile industry is considered responsible for the air pollution due to the fuels derived from the petroleum, which are the source of energy for the internal combustion engine vehicles. Moreover, the prices for fossil fuels are increasing day by day which makes the traditional auto-mobile a costly affair. In order to reduce the vehicular emissions, to gain the energy security, to combat with the rising prices of fossil fuels and to attain environmental sustainability for the coming generations auto-mobile manufacturers and the policy makers around the world are considering electric vehicles as an alternative to internal combustion engine vehicles. Electric Vehicles are being launched as an innovative green product in the market as an alternative to traditional vehicles. The theoretical framework of system dynamics approach have been adopted in the study. Study shows that system dynamics approach is very helpful in understanding policy resistance behaviour of people towards any new initiative. The paper aims to study this policy resistant behaviour of consumers and automotive manufacturers towards EV adoption through system dynamics approach.
Highlights
In the recent years the thought that is worrying the human kind most is the rising levels of pollution worldwide
In the balancing loop we have showed the effect of Electric Vehicles (EVs) infrastructure and range anxiety on EV adoption
The strategic policy issues at a national level involving delays and feedbacks between different systems such as transport have been developed as an area where system dynamics have been relevant
Summary
In the recent years the thought that is worrying the human kind most is the rising levels of pollution worldwide. Electric Vehicles have emerged as one of the probable solutions for this problem It has been announced by the Indian government that all new cars registered should be electric by 2030 (Rachana Vidhi & Prasanna Shrivastava, 2018). To achieve this aim government has come up with FAME (faster adoption and Manufacturing of EVs) I & II schemes. In this paper we try to study the adoption process for EVs in India, through system dynamics approach. The system dynamics approach was adopted for the study because auto-mobile industry is quite complex, it involve a number of different stakeholders which results in feedbacks with different time lags between the responses of each type of user. There are many variables or factors associated with the EV adoption we preferred the system dynamics approach to explain their relationships
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