Factors Influencing Electric Vehicle Adoption: A Conceptual Paper

Abstract

Due to carbon emissions, the new global economic period has been hampered. Since there are millions of petroleum-based vehicles on the road every day, the transportation industry is the primary contributor to carbon emissions. Since the past ten years, electrification of transportation has been one of the primary study fields. The market share of traditional internal combustion engine vehicles is being replaced by electric vehicles (EVs). Data were collected through literature searches (journals, articles, theses, and websites) on electric vehicle adoption. This study found that there are four consistent factors towards electric vehicle (EV) adoption that have been consistently studied by previous researchers: (1) environmental concerns; (2) government policy; (3) government incentives; and (4) charging infrastructure. Therefore, the aim of this study was to explore and clarify the driving forces behind EV adoption. This review study has management ramifications and identifies future EV research and practice paths that may assist governments and the auto industry in raising the share of EV adoption.