Manuscript Title:

AN EMPIRICAL STUDY ON THE RELATIONSHIP BETWEEN BENEFITS AND INTENTION TO PURCHASE ELECTRIC VEHICLES

Author:

Dr. K V N LAKSHMI, Dr. MURALIDHAR L B, Dr. K NETHRAVATHI, Dr. JIGAR RUPANI, Dr. K. BALANAGA GURUNATHAN

DOI Number:

DOI:10.17605/OSF.IO/ETGFJ

Published : 2023-07-23

About the author(s)

1. Dr. K V N LAKSHMI -Assistant Professor, School of Commerce and Management, Jain Deemed to be University, Bengaluru.
2. Dr. MURALIDHAR L B - Assistant Professor, School of Commerce and Management, Jain Deemed to be University, Bengaluru.
3. Dr. K NETHRAVATHI - Assistant Professor, School of Commerce and Management, Jain Deemed to be University, Bengaluru.
4. Dr. JIGAR RUPANI - Assistant Professor, School of Commerce and Management, Jain Deemed to be University, Bengaluru.
5. Dr. K. BALANAGA GURUNATHAN - Professor and Research Head, School of Commerce and Management, Jain Deemed to be University, Bengaluru.

Full Text : PDF

Abstract

India's Government and people both seem to be placing more emphasis on environmental safety. On the other hand, transport is regarded as a movable source of pollution. Fossil fuel consumption in transport is responsible for the great majority of urban air pollution and approximately one-sixth of global greenhouse gas emissions (Qian & Yin, 2017). The rising usage of fossil fuel-powered cars has a detrimental effect on the environment as well as human health, leading to numerous fatal diseases. However, it has been noted that the use of electric cars (EVs) could be a useful strategy for lowering carbon emissions from the transportation industry (Wang et al., 2017). The study's objectives were to determine how the use of EV technology affected the growth of sustainable businesses and to examine respondents' attitudes about EVs. An empirical study was conducted to examine respondents' perceptions. The data were gathered using purposeful sampling. 116 respondents in total are interviewed. To gather the data, a systematic questionnaire was created. The data analysis process makes use of a variety of instruments. The study's primary research was conducted. Despite the need for further analysis of the other parameters, it was shown that subsidy is highly connected with decreased carbon emission. The respondents had no knowledge of carbon credit programmers. It was observed that as the price of oil rises and respondents are granted exemption from toll and parking fees, their intention to purchase electric vehicles also rises.


Keywords

Benefits, Electric Vehicles, Intention to Purchase, Carbon Emission, Subsidy.