Electric Vehicles in India : Identifying the Adoption Predictors

Authors

  •   Rekha Attri Professor (Corresponding Author), Jaipuria Institute of Management, Indore, 101, Sapphire Heights, Opposite C21 Mall, AB Road, Indore - 452 008, Madhya Pradesh
  •   Pooja S. Kushwaha Associate Professor, Jaipuria Institute of Management, Indore, 101, Sapphire Heights, Opposite C21 Mall, AB Road, Indore - 452 008, Madhya Pradesh

DOI:

https://doi.org/10.17010/pijom/2024/v17i6/173560

Keywords:

transportation economics

, technological change, transportation, electric vehicles, UTAUT2, consumer behavior.

JEL Classification Codes

, L9, R4

Paper Submission Date

, August 22, 2023, Paper sent back for Revision, March 14, 2024, Paper Acceptance Date, April 5, Paper Published Online, June 15, 2024

Abstract

Purpose : In this study, we explored the factors affecting Indian consumers’ willingness to adopt electric vehicles (EVs).

Methodology : This study used the extended unified theory of acceptance and use of technology (UTAUT2) model to examine the factors impacting consumers’ desire to purchase electric vehicles. Data were gathered using a quantitative survey design from 518 prospective buyers of new fourwheelers, and SPSS was used for analysis.

Findings : The study concluded that except for hedonic motivation and price value, all other
determinants had an impact on the decision to purchase EVs.

Implications : The findings of this study have significance for companies trying to enhance their communications to draw clients and encourage the use of EVs, given the increased attention on the usage of green technology globally.

Originality : Our study explored the UTAUT2 factors along with risk perception and environmental concerns impacting EV adoption in the Indian context, which have not been previously reported. This study provided valuable insights for policymakers, manufacturers, and marketers striving to accelerate the transition to sustainable transportation.

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Published

2024-06-06

How to Cite

Attri, R., & Kushwaha, P. S. (2024). Electric Vehicles in India : Identifying the Adoption Predictors. Prabandhan: Indian Journal of Management, 17(6), 46–62. https://doi.org/10.17010/pijom/2024/v17i6/173560

Issue

Volume 17, Issue 6, June 2024

Section

Articles
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