This study explores the drivers, barriers, and support mechanisms for the adoption of BEVs in India. Researchers have captured insights from manufacturers, suppliers, electric vehicle owners, potential customers, academicians & consultants, and government officials. The study is novel as it encompasses multiple stakeholders'' views …
Electric vehicle sales have been growing exponentially due to falling costs, improving technology and government support. Globally, 10% of passenger …
Electrification is happening fast, and it''s happening now. McKinsey developed a granular assessment of battery-electric commercial vehicles (BECVs) for 27 CV segments across three different regions (China, Europe, and the United States), three weight classes, and three applications. The three weight classes are light-duty trucks …
The dependence of road transport on fossil fuels and its contribution to greenhouse gas (GHG) and pollutant emissions are main concerns leading to the need for shifting toward alternative energy sources and, namely, electromobility. The current paper aims to identify the key determinants affecting the consumer adoption of electric …
Accelerating the adoption of electric vehicles provides a rare historic opportunity for reducing the dependence on fossil fuel and decarbonising road networks in the field of transport. Many countries …
How the data was gathered. To determine the number of EV registrations in the US, we consulted data from the Alternative Fuels Data Center (AFDC) through the US Department of Energy website.. The ...
The transition from conventional vehicles (CVs) to electric vehicles (EVs) could be promising in tackling environmental challenges in China. Using a sample of 1216 respondents in Beijing, …
It also clarifies the mechanisms of electric vehicle adoption by highlighting important mediators and moderators. The findings would be beneficial to both …
Reaching a trajectory consistent with the IEA Sustainable Development Scenario will require putting 230 million EVs on the world''s roads by 2030. For EVs to unleash their full potential to combat climate change, the …
Based on existing literature, we identified several additional socio-economic factors that are expected to be influential in determining electric vehicle adoption rates. Using multiple linear regression analysis, we examined the relationship between those variables and 30 national electric vehicle market shares for the year 2012.
Norway''s incentives have unquestionably reshaped the country''s car market and reduced carbon emissions. EVs'' share of new vehicle sales surged from 1 percent in 2014 to 83 percent today ...
Overall, there were 29 electric vehicle models with over 1,000 U.S. sales in 2019, up from 27 in 2018. The top five markets each had at least 25 electric models available and represent a substantial fraction of new U.S. electric vehicles, but half of the U.S. population had access to fewer than 12 electric models.
Electric vehicle sales have been growing rapidly in the United States and around the world. This study explores the drivers of demand for electric vehicles, examining whether this trend is primaril...
Addressing the challenges to electric vehicle adoption via sharing economy an Indian perspective.pdf 10-1108_MEQ-03-2020-0058.pdf Content uploaded by Deepak Bangwal
the adoption of BEVs, they are exempted from company car tax again in 2016 and 2017. F or this p eriod, tax rates were increased to 15 % for emissions less than
Heading into 2023, Citi''s Global Auto Team reviewed its latest forecasts for global, light vehicle electric vehicle (EV) penetration. Unlike past forecasts, today''s forecasting process entails taking into account complex and evolving factors from near-term macroeconomic and inflationary pressures to new policies and subsidies (some of which …
Electric vehicles (EVs) have advanced significantly this decade, owing in part to decreasing battery costs. Yet EVs remain more costly than gasoline fueled vehicles over their useful life. This paper analyzes the additional advances that will be needed, if electric vehicles are to sig-nificantly penetrate the passenger vehicle fleet. Battery Prices
getty. Global electric vehicle sales grew by 43% during 2020, and in some markets such as Norway or the Netherlands sales outnumber petrol and diesel cars. In Europe overall, electric sales during ...
Finding a way to dramatically reduce greenhouse gas emissions is top of the agenda for most countries and many governments see electric cars as part of the …
Addressing the challenges to electric vehicle adoption via sharing economy an Indian perspective.pdf 10-1108_MEQ-03-2020-0058.pdf Content uploaded by Deepak Bangwal
In this context, this paper aims to evaluate the factors that impact electric vehicles (EV) adoption. A systematic review was conducted considering peer-reviewed papers published in English from 2016 to 2020, and results were separated into clusters to enable the assessment. The main factors found in the literature that most impacted EV …
5 · Electric vehicles (EVs) are also less pollutive and quieter, creating a more pleasant living environment. Tax incentives To support the transition and adoption of electric vehicles, we have introduced policy measures to reduce the cost of buying and owning an electric vehicle, as compared to a hybrid or internal combustion engine vehicle.
It''s a mixed bag when it comes to public perception. Some people see electric vehicles as the future of transportation. Others do not share this thought. 10,329 U.S. adults state that among those who would consider purchasing an EV, about seven-in-ten say helping the environment (72%) and saving money on gas (70%) are major …
Charging an electric vehicle takes more time than fueling a car. An innovative BCG simulation identified key factors that will help drivers make the switch to an EV. Analyzing data from 10,000 internal combustion engine (ICE) vehicles in Texas, we found: Access to private charging is the main game-changer to increase an ICE driver''s …
1. Introduction. Electric vehicles (EVs) are becoming increasingly popular due to their environmentally friendly and intelligent characteristics (Fang et al., 2021, Santos and Davies, 2020, Ye et al., 2021).Currently, many consumers adopt EVs not only for meeting actual needs (e.g., mobility) but also for maintaining, perfecting, and changing …
In a separate 2019 study conducted by Rakuten Insight in the Philippines, 20.26% of survey respondents said they would purchase an EV if it were priced the same as a car equipped with an internal combustion engine. Meanwhile, a total of 43.97% said they would buy one even if it were more expensive. At the same time, the government appears …
Laggards (16% of vehicles): This fifth and final stage goes from 84% - 100% of vehicles on the road being electric. In this way, we can discern that, for instance, Norway is in the Early Majority stage of the EV adoption curve, with 25% of vehicles on-the-road being electric. Several countries, including Iceland, Sweden and China, and a few ...
Technology development and consumer adoption of battery electric vehicles (BEVs) are among the greatest contributors to uncertainty in the energy efficiency and carbon intensity of future passenger transportation …
The transition from conventional vehicles (CVs) to electric vehicles (EVs) could be promising in tackling environmental challenges in China. Using a sample of 1216 respondents in Beijing, China, our study intends to understand the underlying factors that drive the decision to purchase an EV among potential Chinese vehicle purchasers. …
Executive Summary This paper identifies and quantifies major determinants of future electric vehicle demand to inform widely held aspirations for market growth. Our model compares three channels that will affect electric vehicle market share in the United States from 2020 to 2035: intrinsic (no-subsidy) electric vehicle demand growth, net-of-subsidy …
Almost 14 million new electric cars 1 were registered globally in 2023, bringing their total number on the roads to 40 million, closely tracking the sales forecast from the 2023 …
Barriers to Electric Vehicle Adoption in Finland and How to Overcome Them: An Analysis of Consumer Opinions and Perceptions. Google Scholar. de Mello Bandeira, R. A., G. V. Goes, D. N. S. Gonçalves, Almeida, D. Márcio de, and C. M. de Oliveira. 2019. "Electric Vehicles in the Last Mile of Urban Freight Transportation: A …
In recent years, the surge in the adoption of electric vehicles has played a vital role in reducing fossil fuel consumption and greenhouse gas emissions. However, …
According to our Annual Energy Outlook 2023 (AEO2023), we project that electric vehicles (EVs), including both battery-electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs), will account for between 13% and 29% of new light-duty vehicle sales in the United States in 2050 and between 11% and 26% of on-road light-duty …