Analyzing Effectiveness of Government Schemes Towards Adoption of Electric Vehicles In Delhi NCR

Abstract

newline Abstract newlineWith the increase in the pollution levels worldwide, the countries are newlineworking towards the reduction of factors which are causing climate change and newlineglobal warming. Auto-mobiles are being considered as one of the major factors newlinecontributing towards the rise in air pollution, In metro cities like Delhi, the air has newlinebecome unbreathable which is reducing the life span of people and causing several newlinehealth complications for them. In addition to this energy security has become a newlinemajor concern for the countries across the globe and price of the fossil fuels like newlinepetrol and diesel are increasing day by day. So in order to reduce the vehicular newlineemissions, gain energy security and combat with the rising prices of fossil fuels newlinecountries across the globe are working towards the electrification of auto-mobiles newlineand pushing the electric mobility to meet the sustainable development goals. newlineGovernment of India is also pushing electric mobility through various schemes and newlineproviding financial incentives both to the manufacturers and consumers for the newlineadoption of electric vehicles. Despite the continuous efforts of the government, the newlineelectric vehicle adoption is very less in India. The study focusses on the factors newlineaffecting the Electric Vehicle Adoption in India and the impact of government newlineschemes on it. The survey for the study was conducted in Delhi and NCR. The data newlinewas collected online and analysed through PLS-SEM. The results of the study newlineindicate that the awareness of the people regarding Electric Vehicles is very less in newlineIndia. Electric Mobility has started gaining momentum in case of two-wheelers and newlinethree-wheelers but it is very less in case of four-wheelers. The study also indicate newlinethat the financial incentives provided by the government to purchase electric newlinevehicles directly impact the purchase intention of the consumers. The responses of newlinethe study clearly indicate that the electric vehicle adoption in India is dependent on newlinethe infrastructure availability and feasible battery charging options.