Assessment of EV Adoption Perspectives A High Level Analysis of STEEP Perspectives

The escalating concern over energy sustainability and environmental impact has thrust Electric Vehicles (EVs) into the spotlight, prompting governments to address climate change through policies and regulations. Despite concerted efforts, the transition to EVs faces multifaceted challenges involving diverse stakeholders such as governments, policy makers, EV manufacturers, and Non-Governmental Organizations (NGOs). This research aims to bridge the gap in existing literature by developing a comprehensive evaluation model to assess the criticality of EV perspectives that are hindering EV adoption. This study compiles data on EV adoption barriers, categorizing them into high-level Social, Technical, Environmental, Economic, and Political (STEEP) perspectives, perceived as critical by decision makers in the adoption process. Utilizing a Hierarchical Decision Model (HDM), the research constructs a generalized assessment framework. Stakeholder input was systematically collected, and expert qualitative assessments were quantified using pairwise comparison. This approach offers a structured and comprehensive understanding of the challenges hindering EV adoption, facilitating informed decision-making for policymakers and industry stakeholders. Results indicate that the Economic perspective plays a pivotal role to EV adoption. This research provides valuable insights for policymakers, automotive manufacturers, and other stakeholders involved in the transition towards sustainable transportation solutions.