Study Consumer Perception on Electronic Vehicle

Abstract

With the change in time and increment in technology humankind have come up with another energy resource to run vehicle and save depletion of fossil fuel and its price hike. The electric vehicle as a solution for the world's industry and environment. Despite countries enacting EV policies, the current market penetration of EVs is very low. With advancements in power electrics, energy storage, and support, the electric vehicle (EV) is the solution for lowering greenhouse gas emissions. When compared to internal combustion engines, the plug-in hybrid electric vehicle (PHEV) offers comparable driving range and fuel economy. The current state of electric car technology is discussed, as well as future trends. The significance of rapid development of electric motors, power electronics, microelectronics, and new materials is highlighted. The future market size of electric vehicles is explored, as well as prospective electric vehicle impacts. Keywords - Electronic Vehicle, Consumer Perception, Electronic car, Environment friendly, Battery Technology, Purchase Intention, Price Value.