Harmanpreet Kaur

Department of Commerce, Punjabi University Patiala

Sarabjit Singh

Department of mechanical engineering Chandigarh Engineering College Jhanjeri

Abstract

Environmental pollution has become a global concern as a major share of toxic emissions is contributed by vehicles running on the road. Electric vehicles (EVs) have emerged as the optimal solution for controlling pollution. The popularity of EVs has grown due to environmentally friendly, comfortable, good public transit experience and cost-effectiveness. A call for ‘’only electric vehicles” by 2030 has also been given by the government of India. Various financial and non-financial Incentives are also given by various governments to encourage people to switch to EVs. The current study aims to examine the various parameters such as social, Economic and environmental aspects that affect the perception and acceptance of EVs. The study has been conducted in five major cities of Punjab i.e. Ludhiana, Patiala, Jalandhar, Bathinda and Amritsar with 300 respondents. The data has been analyzed by using Factor analysis and Structural Model Analysis. The study found PEB as a non-significant variable, EC and Soc. In as partially significant, IM and ATT are significant variables. The findings of the study are expected to add value to the existing literature regarding EV adoption.

Keywords- Electric Vehicles, Sustainability, Adoption, Factors towards adoption