|
Abstract
The study aims to explore the relationship between Financial Incentive, Price, Charging Infrastructure, Social Reinforcement and Environmental Concern with Electric Vehicle Adaptation. It seeks to identify how different dimensions of financial incentive, price, charging infrastructure, social reinforcement, and Environmental Concern influences the Electric Vehicle Adaptation. The study applied a quantitative approach, gathering response from 384 respondents in Butwal Sub-metropolitan city, using a structured questionnaire. Following a snowball sampling method. Data were analyzed using PLS-SEM software with different tools like assessment of measurement items, Models fit, IPMA and implemented bootstrapping technique for hypothesis testing. The results revealed that financial incentives, Price, Charging Infrastructure, Social reinforcement and Environmental Concern are the key predictors of Electronic Vehicle Adaptation. It is evident that these factors are the major contributions to the dependent variables. Therefore, the Electronic Vehicle (EVs) Manufacturing Company. We should consider this aspect to enhance the Electronic Vehicle Adaptation. By Understanding and reformulating policies based on these factors, there is a higher possibility of improving the Electronic Vehicle Adaptation.
Keywords: Financial Incentive, Price, Charging Infrastructure, Social Reinforcement and Environmental concern with Electric Vehicle Adaptation.