The popularity of electric vehicles (EVs) has been ever-increasing, because of numerous reasons, including the rapid diminution of petroleum reserves, significant changes in gasoline prices, and high reliance on politically unpredictable oil-producing nations. GHG emissions from automobiles, combined with depleting natural resources, have sparked global concern about climate change and prompted the deployment of alternative fuel technology. Alternative fuel vehicles (AFVs) especially EVs are viewed as a potential green and sustainable technology that can facilitate a gradual shift to a low-carbon economy while conserving finite natural resources. Due to the rising demand for traditional gasoline vehicles, which has resulted in increased petroleum fuel consumption, governments are attempting to reduce pollution by transitioning to AFVs. The goal of this study is to discover, prioritize, and find relative weights of all possible factors affecting the feasibility of potential alternative vehicles through DEMATEL (Decision-Making Trial and Evaluation Laboratory). According to the result, the most essential factor influencing the feasibility of AFVs is infrastructure availability followed by charging/refueling time, environmental impacts, and vehicle upfront cost. This study will help to determine the most viable approaches and strategies for implementing a long-term, sustainable transition from gasoline vehicles to AFVs.


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    Title :

    Analyzing the Factors Influencing the Market Feasibility of Alternative Fuel-Based Vehicles


    Additional title:

    Lect.Notes Mechanical Engineering


    Contributors:

    Conference:

    Biennial International Conference on Future Learning Aspects of Mechanical Engineering ; 2022 ; Noida, India August 03, 2022 - August 05, 2022



    Publication date :

    2023-06-19


    Size :

    12 pages





    Type of media :

    Article/Chapter (Book)


    Type of material :

    Electronic Resource


    Language :

    English




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