An empirical study on intention to use hydrogen fuel cell vehicles in India |
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Affiliation: | Department of Management Studies, Rajiv Gandhi Institute of Petroleum Technology, Amethi, India |
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Abstract: | Demand-side strategies for alternative energy like hydrogen require a thorough understanding of the potential customers' preferences and demand drivers. Multiple studies regarding users' attitudes, intentions, and behavior have been done towards electric vehicles in India, but none so far on hydrogen fuel cell vehicles (HFCVs). Our purpose is to inquire about the key parameters influencing the intention to use HFCVs in India. This empirical research using an online questionnaire was distributed and responses of 483 prospective customers received. To ascertain the users' intentions toward HFCVs, we applied a structural equation modelling approach through Smart-PLS 3.0. We find that perceived benefit, perceived risk, and policy interventions significantly influence the users' intention to adopt HFCV in India. The study suggests that the government must bring together the stakeholders, including automobile manufacturers, hydrogen producers, research institutions, and funding institutions, to address the bottlenecks to fast-track the hydrogen mobility system. |
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Keywords: | Hydrogen fuel cell vehicles Consumer behavior Benefits Barriers Risk Policy interventions |
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