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    8520 Black Book Viva

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    Pushkraj Talwadkar
    The document discusses the impact of electric vehicles on the automobile industry in India. It presents research on consumers' perceptions and willingness to purchase electric vehicles. The research found that most consumers have a positive view of electric vehicles and are willing to consider them for their new technology and environmental benefits. However, consumers want more options and lower prices before fully adopting electric vehicles. The conclusion is that electric vehicles have significant potential to grow in the Indian market in the future.

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    8520 Black Book Viva

    Uploaded by

    Pushkraj Talwadkar
    76 views9 pages
    The document discusses the impact of electric vehicles on the automobile industry in India. It presents research on consumers' perceptions and willingness to purchase electric vehicles. The research found that most consumers have a positive view of electric vehicles and are willing to consider them for their new technology and environmental benefits. However, consumers want more options and lower prices before fully adopting electric vehicles. The conclusion is that electric vehicles have significant potential to grow in the Indian market in the future.

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    The document discusses the impact of electric vehicles on the automobile industry in India. It presents research on consumers' perceptions and willingness to purchase electric vehicles. The research found that most consumers have a positive view of electric vehicles and are willing to consider them for their new technology and environmental benefits. However, consumers want more options and lower prices before fully adopting electric vehicles. The conclusion is that electric vehicles have significant potential to grow in the Indian market in the future.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    76 views9 pages

    8520 Black Book Viva

    Uploaded by

    Pushkraj Talwadkar
    The document discusses the impact of electric vehicles on the automobile industry in India. It presents research on consumers' perceptions and willingness to purchase electric vehicles. The research found that most consumers have a positive view of electric vehicles and are willing to consider them for their new technology and environmental benefits. However, consumers want more options and lower prices before fully adopting electric vehicles. The conclusion is that electric vehicles have significant potential to grow in the Indian market in the future.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 9

    IMPACT OF ELECTRIC VEHICLES ON

    AUTOMOBILE INDUSTRY IN INDIA

    PRESENTED BY:
    NAME: PUSHKRAJ SANJAY TALWADKAR
    ROLL NO : 8520
    CLASS: T.Y.BAF - B
    PROJECT GUIDE: PROF. SHABAB RIZVI
    INTRODUCTION:

    • The automotive industry in India is facing headwinds from a general economic


    downturn to the need to improve emissions performance and the impending shift to
    electrification. 
    • This research project is a key for understanding consumer’s approach towards
    electric vehicles and also the impact of electric vehicles on Indian Automobile
    Industry.
    • This research projects also helps in understanding how the penetration of Electric
    vehicles will impact the Indian Automobile Industry and the determinants which
    affect the consumers preference towards electric vehicles.
    OBJECTIVES OF THE STUDY:
    • To study the perceptions and expectations of potential for alternative technologies in
    automobiles such as electric vehicles
    • To study the willingness of buyers of considering electric vehicles as a practical
    commuting option and at when
    • To study the maximum price consumers can afford for buying an electric vehicle
    • To study the government initiatives taken for promoting electric vehicles and
    subsidies provided on electric vehicle batteries
    • To study the current expectations of consumers with respect to electric vehicles, this
    will lead to its potential for future
    • To study the current threats, that is causing the slow growth of electric vehicles
    RESEARCH METHODOLOGY:
    • Primary data was collected from all the individuals who own a four wheeler and had
    a basic knowledge about electric vehicles.
    • Target population were all adult individuals irrespective of their age or profession .
    • The focused group were the people falling in the age group of 18 to 40 years.
    • Total respondents were 100 individuals.
    • The data was collected with the help of Questionnaire method.
    SIGNIFICANCE OF THE STUDY:
    • Aspects related to global warming needs a shift to automobile solutions that reduce /
    do not produce greenhouse gas emissions. If electric vehicles run on electricity
    produced from non-polluting sources of energy like hydro, solar, wind, tidal and
    nuclear, they reduce emissions due to vehicles almost to zero.
    • For India's sustainable green planet goal, a robust push in cleaner mobility is
    essential. Only Electric Vehicles can do this.
    • Air quality indices related to India indicate that the air in many cities of India is no
    longer healthy. Automobile related pollution has been one of the causes for this.
    • Electric vehicles save energy by regenerative braking. Around 30%-70% of the
    energy used for propulsion can be recovered, with higher percentages applicable to
    stop-and-go city driving.
    DATA ANALYSIS:
    • IN YOUR OPINION, WHAT INFLUENCE HAS AN ELECTRIC VEHICLE
    UPON YOU?

    Interpretation:
    The influence of electric vehicles on consumers is
    mostly positive. It is understood that 54% of the
    people had a positive influence about electric
    vehicles where as 42% were neutral about it and
    lastly 4% of the respondents had a negative
    influence in regard to electric vehicles.
    DATA ANALYSIS:
    • WHAT FACTORS ENCOURAGE YOU TO CONSIDER BUYING AN
    ELECTRIC VEHICLE?

    Interpretation:
    People tend to buy electric vehicles for various
    reasons. It is understood that 38% of
    respondents are willing to purchase a electric
    vehicle for its new technology. Whereas 50% of
    respondents purchase an EV for its positive
    environmental effects. Around 6% of
    respondents purchase EV for its low noise level
    and the last 6% of respondents purchase EV as
    it is a new trend in market.
    CONCLUSION AND SUGGESTIONS:
    • At present electric vehicles are comparatively new to the automobile market but they
    have huge potential in them to rule the market in future.
    • The people are mostly aware about electric vehicles but they still prefer to have more
    consumer choices and price to be reduced slightly.
    • People should be made aware about electric vehicles and how they help in protecting
    environment and how fuel cars impact the environment negatively.
    REFERENCES:
    • https://www.financialexpress.com
    • https://en.wikipedia.org
    • https://niti.gov.in
    • https://inc42.com
    • https://www.livemint.com
    • https://economictimes.indiatimes.com
    • https://www.researchgate.net
    • https://www.drishtiias.com
    • https://www.moneycontrol.com
    • https://www.investindia.gov.in
    • https://www.thehindu.com

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