Multitech Journal of Business and Economics Sciences (MJBES)
Vol.1, No.2, 2024: 191-218
191
(
DOI:
E-ISSN:
https://journal.formosapublisher.org/index.php/melas
To Study Genz, S Perception About Challenges and Opportunities
In the Use of Electric Two Wheeler Vehicle
Munir Badarpura
1*
, Dharkhad Haidarali
2
, Jignesh Vidani
3
Institute of Management Studies, LJ University
Corresponding Author: Munir Badarpura 240034003100028@mail.ljku.edu.in
A R T I C L E I N F O A B S T R A C T
Keywords : Electric Two-
Wheelers, Gen Z, Brand
Familiarity, Sustainable
Mobility, Range Anxiety
Received: 2 September
Revised : 19 Octaber
Accepted: 23 November
©2024 Badarpura, Haidarali,
Vidani: This is an open-access
article distributed under the
terms of the Creative
Commons Atribusi 4.0
Internasional.
This study looks at how Gen Z perceives the
opportunities and difficulties of adopting electric two-
wheelers, with particular attention to aspects like product
design, cost sensitivity, brand familiarity, and
environmental concern. To investigate the association
between age and other factors impacting the chance of
buying an electric two-wheeler, data from 137
respondents was evaluated using a quantitative
technique. The findings suggest that brand familiarity,
particularly with well-known companies such as Ola
Electric and Ather Energy, has a considerable impact on
consumer interest. Cost and range anxiety, however,
continue to be major adoption obstacles. It's interesting to
note that, despite Gen Z's appreciation of environmental
benefits, practical considerations like cost and
convenience are more important to them when making
purchases. According to the report, Gen Z has a range of
tastes when it comes to electric two-wheelers, with many
preferring models that have a better mileage per charge.
Aesthetics and technology aspects were also shown to be
significant deciding factors. The findings suggest that
producers should concentrate on product development,
stressing affordability, design, and technical
improvements in order to appeal to this generation.
Furthermore, addressing issues with usability and range
requires infrastructure upgrades like growing charging
networks. The findings are useful for electric vehicle
manufacturers, marketers, and legislators looking to
accelerate the adoption of sustainable mobility among
young customers