Data Analysis on the comparison of IC vs EV Vehicles

This study undertakes a comprehensive exploration of consumer behavior in the automotive sector, focusing on the intricate details of purchasing decisions between EVs and IC engine vehicles. Leveraging extensive data analytics, this research aims to unearth nuanced patterns that shape the preferences and considerations of contemporary automobile buyers. The analysis encompasses a multifaceted examination, delving into the economic, environmental, and technological dimensions influencing the choices between EVs and IC engines. By dissecting intricate purchase data, our study illuminates distinct trends and evolving paradigms in the automotive market. Moreover, this research scrutinizes the role of governmental incentives, the maturation of charging infrastructure, and the broader contextual shifts in societal attitudes towards sustainable mobility. The presented findings not only offer a panoramic view of current purchase dynamics but also serve as a predictive compass for manufacturers, policymakers, and industry influencers navigating the path toward a more sustainable automotive future. This paper provides a comprehensive overview of the study’s methodology, key findings, and potential implications for stakeholders across the automotive landscape, fostering a deeper understanding of the intricate interplay between consumer preferences and the evolving automotive market.