Beyond conventional: Analysing the factors affecting the adoption of electric four-wheelers in an Indian metropolis

Bhat, FA and Seth, Y and Verma, A (2024) Beyond conventional: Analysing the factors affecting the adoption of electric four-wheelers in an Indian metropolis. In: Transportation Research Part D: Transport and Environment, 131 .

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Abstract

This study develops an integrated choice and latent variable (ICLV) model to analyse the impact of vehicle attributes, service attributes and supporting government schemes on the likelihood to choose an electric four-wheeler in Bengaluru, India. Further, the influence of socio-demographic variables, travel attributes and latent factors on electric four-wheeler adoption behaviour is also evaluated. The findings indicate purchase price, operating cost, and charging time have a significant negative influence on the intention to adopt electric four-wheelers, while driving range and charging facilities have a significant positive impact. Perceived risks studied in the context of safety and reliability are found to be the biggest barriers to the adoption of electric vehicles followed by lack of infrastructural readiness while environmental benefits are found to be the biggest motivators for electric four-wheeler adoption. These findings are expected to help decision-makers towards widespread adoption of electric four-wheelers in developing economies such as India. © 2024 Elsevier Ltd

Item Type:	Journal Article
Publication:	Transportation Research Part D: Transport and Environment
Publisher:	Elsevier Ltd
Additional Information:	The copyright for this article belongs to Elsevier Ltd.
Keywords:	Economics; Electric vehicles, Adoption behavior; Developing economies; Electric four-wheeler; Electric vehicle; Integrated choice and latent variable model; Latent variable modeling; Service attributes; Service supporting; Socio-demographic variables; Willingness to pay, Decision making
Department/Centre:	Division of Mechanical Sciences > Civil Engineering
Date Deposited:	22 May 2024 04:37
Last Modified:	22 May 2024 04:37
URI:	https://eprints.iisc.ac.in/id/eprint/84749

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