Consumer Adoption Trends of Electric Vehicles: A Secondary Data Analysis of Global Markets
: Increased carbon dioxide (CO2) emissions, environmental pollution are some of the major problems caused by over dependency on fossil fuel vehicles. Currently electric vehicles are considered as a solution to these problems. According to the Paris Agreement, governments around the world have set ambitious targets to reduce greenhouse gas emissions, which include decarbonizing transport. Moreover, although global Electric vehicle sales accounted for nearly 18% of total vehicle sales in 2023, the rate of adoption is not uniform, and consumer preferences remain shaped by socio-economic, cultural, and policy-driven factors. This study presents Consumer Adoption Trends of Electric Vehicles: A Secondary Data Analysis of Global Markets. This study is conducted by using secondary data from various reliable sources like the International Energy Agency, U.S. Department of Energy and market reports. The findings of the study indicate the importance of electric vehicle and it has been considered as the future vehicle. Moreover, analysis underlines the important role of charging points, infrastructure and government policy towards electric vehicles. The findings from the study will be useful to manufactures, stakeholders and policy makers.
Authors
- A S SINIJA
- Vinod Kumar K P
Publication Details
- Journal
- Journal of Emerging Technologies and Innovative Research
- Published
- 2025-01-01
- DOI
- https://doi.org/10.56975/jetir.v12i11.571295
- Primary Topic
- Electric Vehicles and Infrastructure
- Type
- article
- Field-Weighted Citation Impact
- 0.00