DSpace JSPUI
DSpace preserves and enables easy and open access to all types of digital content including text, images, moving images, mpegs and data sets
Learn More
Please use this identifier to cite or link to this item:
http://dspace.dtu.ac.in:8080/jspui/handle/repository/18516| Title: | Consumer Perception Towards Electric Vehicles |
| Authors: | Acharya, Dipanjan Tyagi, Shubham Bansal, Suhans |
| Keywords: | Consumer Perception Electric Vehicles Indian Automobile Industry Growth of Electric Vehicles in India |
| Issue Date: | 31-May-2021 |
| Description: | The auto business at the worldwide level goes to travel to a 360-degree shift from Internal Combustion (IC) motorized vehicles to zero-contamination outflow vehicles thanks to severe arrangements and guidelines by Governments overall on account of decaying air quality and ozone-depleting substance discharges (Nimesh, Sharma, Reddy, Goswami, 2020). India is proactively looking for financially sound answers for the most critical issue of very poor air quality in many urban areas even though India is attempting to minimize its high reliance on oil imports. The state has currently reported an intensive shift to an all electricity worked fleet by 2030, which needs consideration and activity via car producers, sellers (counting battery makers), vendors, and utility players on a close-by and worldwide level. This report hopes to reply from a scientist's perspective by giving a profound jump into the investigation of consumers’ perception towards electric vehicles. It additionally investigates the fate of electrical vehicle appropriation across different numerous portions in India. It is verified that if consumers are happy with their experience of the product, they tend to market it to other people. Informal exchange (word of mouth) and consumer loyalty assume a significant part of chosen sector’s insight about an item. Because of the absence of rechargeability of the batteries of the electrical vehicles in the 60s, the innovative work and also the focus of the auto industry throughout the world moved towards vehicles running on petroleum products. In recent few years, electric vehicles acquired an excellent deal of fascination over conventional vehicles controlled by petroleum products as seen by Tesla Roadster maneuvering into the Indian Electric Vehicle market. Thanks to expanded mindfulness among individuals identifying with nature’s contamination caused due to the conventional vehicles, a shift towards Electric Vehicles will be seen, however slowly. Numerous organizations like General Motors (GM), Tata Motors, Honda, Tesla, and Toyota have begun large-scale manufacturing of electrical and hybrid vehicles to require out the problems connected with completely fueled gas motorized vehicles. A delayed start within the Electric Vehicle (EV) selection since the last recent two years has shown a surprising increment. A massive change has been observed in the Electric Vehicle (EV) Industry throughout the planet with various nations having to show intent to have maximum electric vehicles, yet no significant change had been found within the Indian EV 6 market. One amongst the many reasons behind this can be an absence of a framework for electric vehicles in India. The results revealed a variety of research approaches that have been used to investigate find the different factors which persuade consumers while purchasing an electric vehicle. The reported approaches include factor analysis through principal component analysis from the survey, graphical representations and providing suggestions as per our findings from the analysis. |
| URI: | http://dspace.dtu.ac.in:8080/jspui/handle/repository/18516 |
| Appears in Collections: | MBA |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| MRP_Final_Report Plag Report Final.pdf | The auto business at the worldwide level goes to travel to a 360-degree shift from Internal Combustion (IC) motorized vehicles to zero-contamination outflow vehicles thanks to severe arrangements and guidelines by Governments overall on account of decaying air quality and ozone-depleting substance discharges (Nimesh, Sharma, Reddy, Goswami, 2020). India is proactively looking for financially sound answers for the most critical issue of very poor air quality in many urban areas even though India is attempting to minimize its high reliance on oil imports. The state has currently reported an intensive shift to an all electricity worked fleet by 2030, which needs consideration and activity via car producers, sellers (counting battery makers), vendors, and utility players on a close-by and worldwide level. This report hopes to reply from a scientist's perspective by giving a profound jump into the investigation of consumers’ perception towards electric vehicles. It additionally investigates the fate of electrical vehicle appropriation across different numerous portions in India. It is verified that if consumers are happy with their experience of the product, they tend to market it to other people. Informal exchange (word of mouth) and consumer loyalty assume a significant part of chosen sector’s insight about an item. Because of the absence of rechargeability of the batteries of the electrical vehicles in the 60s, the innovative work and also the focus of the auto industry throughout the world moved towards vehicles running on petroleum products. In recent few years, electric vehicles acquired an excellent deal of fascination over conventional vehicles controlled by petroleum products as seen by Tesla Roadster maneuvering into the Indian Electric Vehicle market. Thanks to expanded mindfulness among individuals identifying with nature’s contamination caused due to the conventional vehicles, a shift towards Electric Vehicles will be seen, however slowly. Numerous organizations like General Motors (GM), Tata Motors, Honda, Tesla, and Toyota have begun large-scale manufacturing of electrical and hybrid vehicles to require out the problems connected with completely fueled gas motorized vehicles. A delayed start within the Electric Vehicle (EV) selection since the last recent two years has shown a surprising increment. A massive change has been observed in the Electric Vehicle (EV) Industry throughout the planet with various nations having to show intent to have maximum electric vehicles, yet no significant change had been found within the Indian EV 6 market. One amongst the many reasons behind this can be an absence of a framework for electric vehicles in India. The results revealed a variety of research approaches that have been used to investigate find the different factors which persuade consumers while purchasing an electric vehicle. The reported approaches include factor analysis through principal component analysis from the survey, graphical representations and providing suggestions as per our findings from the analysis. | 8.32 MB | Adobe PDF | View/Open |
| MRP_Final_Report (1).pdf | 1.51 MB | Adobe PDF | View/Open |
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.