Economic impacts and reliability evaluation of battery by adopting Electric Vehicle

Electric vehicles have received a lot of exposure in recent years as their technical ability has improved. The transportation field is rapidly transitioning to electric vehicles in order to reduce carbon emissions in industry and reduce its reliance on petroleum. Many countries have established aims for increasing the percentage of electric vehicles on the road in the near future. Meanwhile, many incidences involving two-wheelers exploding into flames have concerned India's electric vehicle aficionados. The work is significant in that it analyses the economic impacts and causes of failure for battery installation, particularly for two-wheelers, in a developing nation like India. Even though several investigations have carried out to explore the social effects of EV adoption, limited information is available about the broad implementation of EVs that may influence both battery life and economic factors at the same time. By having a complete impact evaluation of EV adoption, this work aims to fill the research gap.