A Research on Market Status and Purchasing Decision Influencing Parameters for Electric Vehicles: Indian Context
Amrut P. Bhosale1, Akash Gholap2, S A Mastud3, D G Bhosale4
1Amrut P. Bhosale, Department of Mechanical Engineering, Veermata Jijabai Technological Institute VJTI, Mumbai, (Maharashtra), India.
2Akash Gholap, Department of Mechanical Engineering, Veermata Jijabai Technological Institute VJTI, Mumbai, (Maharashtra), India.
3S A Mastud, Department of Mechanical Engineering, Veermata Jijabai Technological Institute VJTI, Mumbai, (Maharashtra), India.
4D G Bhosale, Department of Mechanical Engineering, Veermata Jijabai Technological Institute VJTI, Mumbai, (Maharashtra), India.
Manuscript received on 16 October 2019 | Revised Manuscript received on 25 October 2019 | Manuscript Published on 02 November 2019 | PP: 2700-2706 | Volume-8 Issue-2S11 September 2019 | Retrieval Number: B13310982S1119/2019©BEIESP | DOI: 10.35940/ijrte.B1331.0982S1119
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: In the prospect of transforming the transport sector to green mobility which is surely estranged from harmful tailpipe emissions and fuel price hike, vigorous efforts and aggressive steps has been taken by the Indian Government by promoting National Electric Mobility Mission Plan 2020 (NEMMP 2020) and schemes such as Faster Adoption and Manufacturing of Electric Vehicles (FAME I & II). Before leaning towards a commercial aspect, the barriers for this budding technology which is at a nascent stage in India must be contemplated. This paper focuses on the potential barriers and possible remedies which researchers and manufacturers must cogitate about. In order to predict the complete penetration of E-vehicles in India and check its feasibility, a market survey along with public opinion is carried out in this paper. This market survey and public opinion will help E-vehicles to share a substantial part of the transport sector in the near future and overcome the social-economic barriers.
Keywords: Electric Vehicles, Market Study, Public Opinion Survey, NEMMP 2020, FAME.
Scope of the Article: Operational Research