The Influence of Socio-economic Factors on Electric Vehicle Adoption in Uttar Pradesh

Shruti Bajpai; Hasan Abbas; Vishesh Mishra

doi:10.56595/lbr.v3i2.27

Authors

Shruti Bajpai
B. Com (Hons.) Student, Techno Institute of Higher Studies, Lucknow
Hasan Abbas
B.B.A. Student, Lloyd Business School, Greater Noida
Vishesh Mishra
Assistant Professor, Lloyd Business School, Greater Noida

DOI:

https://doi.org/10.56595/lbr.v3i2.27

Keywords:

Electric Vehicles, Socio-Economic Factor, Regression, Adaptation, Income Level, 3-Wheeler Electric Vehicles

Abstract

Using electric vehicles (EVs) is vital to the global plan to fight climate change and cut carbon emissions. In Uttar Pradesh, one of India's most populous and economically varied states, this study investigates the impact of socioeconomic factors on the adoption of electric vehicles. Using a mixed-methods approach that includes stakeholder interviews and surveys from various socioeconomic strata, the research highlights important factors such as infrastructure availability, government incentives, education levels, and income levels. The results show that growing EV use correlates with the income of EV owners and educational achievement, mainly because of improved access to resources and information. However, significant obstacles to widespread adoption include insufficient infrastructure for charging and the meagreness of government incentives. The study also emphasizes how important it is for governments to create infrastructure, run awareness programs, and offer incentives to encourage the use of electric vehicles. These findings are essential for stakeholders and policymakers who want to increase the use of electric vehicles in Uttar Pradesh and support the larger goals of environmental preservation and sustainable development.

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