ISSN 2394-5125
 

Research Article 


Consumer preference on electric vehicles and its business in the global market

J. SELVA, R.ARUNMOZHI.

Abstract
Now a day’s global market contributes consumer preference on electric vehicles and its business in the worldwide market, such as environmental pollution, global warming, and oil dependency. However, the current market penetration of EV is relatively low, despite many governments implementing strong promotion policies. This paper presents a consumer preference for electric vehicles its business globally. They are aiming to inform policy-makers better and give direction to further research. To estimates, consumer preferences for financial, technical, infrastructure, and policy attributes are then reviewed. A categorization of influential factors for consumer preferences into groups such as socio-economic variables, psychological factors, mobility conditions, social influence, etc. is then made, and their effects are elaborated. Finally, to discuss a research agenda to improve EV consumer preference studies and give recommendations for further research.

Key words: electric vehicles, pollution, global warming, and oil dependency


 
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Pubmed Style

J. SELVA, R.ARUNMOZHI. Consumer preference on electric vehicles and its business in the global market. JCR. 2020; 7(4): 1468-1474. doi:10.31838/jcr.07.04.250


Web Style

J. SELVA, R.ARUNMOZHI. Consumer preference on electric vehicles and its business in the global market. http://www.jcreview.com/?mno=99509 [Access: June 01, 2021]. doi:10.31838/jcr.07.04.250


AMA (American Medical Association) Style

J. SELVA, R.ARUNMOZHI. Consumer preference on electric vehicles and its business in the global market. JCR. 2020; 7(4): 1468-1474. doi:10.31838/jcr.07.04.250



Vancouver/ICMJE Style

J. SELVA, R.ARUNMOZHI. Consumer preference on electric vehicles and its business in the global market. JCR. (2020), [cited June 01, 2021]; 7(4): 1468-1474. doi:10.31838/jcr.07.04.250



Harvard Style

J. SELVA, R.ARUNMOZHI (2020) Consumer preference on electric vehicles and its business in the global market. JCR, 7 (4), 1468-1474. doi:10.31838/jcr.07.04.250



Turabian Style

J. SELVA, R.ARUNMOZHI. 2020. Consumer preference on electric vehicles and its business in the global market. Journal of Critical Reviews, 7 (4), 1468-1474. doi:10.31838/jcr.07.04.250



Chicago Style

J. SELVA, R.ARUNMOZHI. "Consumer preference on electric vehicles and its business in the global market." Journal of Critical Reviews 7 (2020), 1468-1474. doi:10.31838/jcr.07.04.250



MLA (The Modern Language Association) Style

J. SELVA, R.ARUNMOZHI. "Consumer preference on electric vehicles and its business in the global market." Journal of Critical Reviews 7.4 (2020), 1468-1474. Print. doi:10.31838/jcr.07.04.250



APA (American Psychological Association) Style

J. SELVA, R.ARUNMOZHI (2020) Consumer preference on electric vehicles and its business in the global market. Journal of Critical Reviews, 7 (4), 1468-1474. doi:10.31838/jcr.07.04.250