The Lack of Widespread Adoption of EVs

Abstract: The need to address growing environmental concerns and advancements in electric charging technology continue to motivate the widespread adoption of electric vehicles (EVs). However, despite these incentives, EV market share remains limited, with numerous barriers impacting consumer uptake. This study aims to project EV demand based on findings from existing literature and examines key factors that hinder consumer adoption of EVs, including high initial costs, inadequate charging infrastructure, limited driving range, and prevailing unfavorable consumer perceptions. Using a combination of survey data, market analysis, and case studies, this research highlights how these barriers persist in challenging the transition to electric mobility. While technology developments and government incentives have addressed certain issues, considerable gaps remain in areas such as infrastructure availability, ease of access, and consumer education on the benefits and limitations of electric vehicles (EVs). Furthermore, the study stresses how these characteristics have a disproportionate impact on different demographics, influencing EV adoption rates and market penetration. The study claims that tackling these impediments is critical for governments, manufacturers, and stakeholders who want to accelerate EV adoption and accomplish ambitious environmental goals. Subsequently, overcoming these obstacles and promoting a long-term transition to electric mobility will require a collaborative and comprehensive approach.​