An Empirical study on- Perspective and attitude of people on Electric Vehicle in India

Abstract

The Paper aims to look for aspects that influence a consumer's decision to acquire an electric vehicle. India has the greatest EV market in the world, particularly for two-wheelers. The penetration of electric vehicles has greatly increased over the past years as a result of numerous automakers releasing these vehicles at a quick rate. By 2025, the market for electric vehicles (EVs) is expected to be worth at least 475 billion, according to a recent study. By 2025, the percentage of electrified two-wheelers is predicted to increase to up to 15% from the current 1% penetration rate. Environmental pollution is currently a major problem worldwide. Toxic emissions from internal combustion engines are a major source of air pollution. The globe is actively promoting electric cars (EVs) to address environmental issues and counteract the consequences of fossil fuel pollution (ECs). The Indian government desires "only Electric Vehicles" to be on the roads by 2030.