Abstract
The future of the Indian automotive sector lies with electric automobiles. The advancement in battery technology, charging infrastructure, and increasing demand for EVs by customers made India the third-largest automobile market in EVs globally in terms of sales, ahead of Germany and Japan. The Indian government has launched many promotional initiatives over the past ten years to aid in the acceptance of electric vehicles (EVs) in the nation, such as tax incentives for EV owners, the building of public EV charging infrastructure, and so forth. Government promotional schemes like FAME I & II made a significant increase in the number of buyers of EVs in the country. The goal of the article is to investigate the various aspects that influence a consumer's adoption of an EV and to study the level of EV acceptability in Karnataka based on current trends. The study's objective is to identify the key factors affecting Karnataka's acceptance of electric vehicles. The study of the data gathered indicates that, given the advantages of using electric vehicles, such as fuel economy, lower carbon emissions, power performance, ease of operation, and independence from foreign oil. The findings demonstrate that the acceptance of electric vehicles depends on the price of the vehicles, the availability of charging infrastructure, and government subsidies.
Keyword
Electric Vehicle, Charging point, Government subsidy
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