Comparison of Electric and Conventional Vehicles in Indian Market: Total Cost of Ownership, Consumer Preference and Best Segment for Electric Vehicle

This research covers the area of electric vehicles stanch for personal vehicle and its relevant market including the background information about the topic. The research is focusing on the research of current situation for the buyers and the less and more favorable conditions in Indian automobile industry. The principal of the report is a comparative research of electric vehicle and conventional vehicles. In addition to this, the research focusses on the total cost of ownership of owning Electric vehicle instead of the conventional vehicle in the Indian market. The research also emphasizes on manufacturer perspective by finding out the best segment to launch an electric vehicle in India. In addition, the research assumptions are used in the formation of a questionnaire focusing on finding out about the awareness of electric vehicles among the publicity nowadays. The final statement that is going to be approved or rejected is the electric vehicles as a better alternative to the conventional vehicle in India.