Buyer behaviour EV Caselet

What is driving the increasing popularity of electric vehicles (EVs) in India?

• Lower maintenance costs

• High performance compared to traditional vehicles

• Availability of charging infrastructure

• Rising fuel prices and environmental concerns

According to the article, what is a key factor in influencing buyer's purchase decisions for EVs?

• Vehicle range and charging convenience

• Tax credits and incentives

• Technological knowledge and features

• All of the above

How do electric vehicles contribute to improving air quality?

• They produce zero emissions

• They use renewable energy sources

• They have better fuel efficiency than gasoline vehicles

• They eliminate the need for fossil fuels

What is India's goal in terms of renewable energy capacity by 2022?

• 100 gigawatt (GW)

• 150 gigawatt (GW)

• 175 gigawatt (GW)

• 200 gigawatt (GW)

What percentage of consumers in India are adopting a 'wait-and-watch' stance towards purchasing electric vehicles?

• 33%

• 50%

• 67%

• 83%

What factors are preventing some Indian consumers from purchasing full-electric cars?

• Lack of charging infrastructure

• Higher maintenance costs

• Misleading information about costs

• Limited vehicle options

What is the expected charging time, range, and price point for mainstream adoption of EVs in India?

• Charging time of 1 hour, range of 300 km, price point of Rs 15 lakhs

• Charging time of 2 hours, range of 400 km, price point of Rs 20 lakhs

• Charging time of 35 minutes, range of 401 km, price point of Rs 23 lakhs

• Charging time of 45 minutes, range of 500 km, price point of Rs 25 lakhs

What is the market share of electric scooters in the overall two-wheeler market in India?

• Less than 1%

• 10%

• 25%

• 50%

Which areas in India are driving the adoption of electric vehicles?

• Metro cities like Delhi and Mumbai

• Rural areas and small towns

• Industrial hubs like Pune and Ahmedabad

• Tourist destinations like Goa and Kerala

How has the COVID-19 pandemic influenced consumer behavior towards transportation?

• Increased reliance on public transport

• Shift towards private cars, biking, and walking

• Decreased interest in electric vehicles

• Higher demand for fuel-efficient vehicles