• Akshay Subhash Chobe
• Pooja Subhash Chobe

In many nations, despite the significant public subsidies and technological advancements, the market for electric vehicles is not growing at the predicted rate. One cause could be the absence of successful business concepts that would enable commercialization and widespread adoption of electric vehicles. Business models that worked well for conventional cars may not work well for electric vehicles due to technological constraints like reduced driving range, long charging cycles, and higher purchasing costs. However, a substantial body of scholarly literature on electric car business models has emerged in recent years. Nonetheless, these insights are fragmented and rarely address the company model in its entirety. We explore pertinent concepts about electric car business models and synthesize essential findings along with each business model feature in this literature review. The paper integrates insights from the scientific literature about EV business models all around the globe. This research develops various key insights along with the necessary quantifying elements regarding electric power. These propositions integrate knowledge on the electric vehicles (EV) market and the benchmarking of each component element in detail. Various batteries are classified according to different scenarios with their pros and cons, which motivates us to select the best outcome for the future service. Finally, a typical 2-wheeler motorcycle is taken into consideration for the purpose of the ideal calculation. The overall evaluation also contains a possible solution to prospective market threats, and in this way, our study gives a concise and complete assessment of current research while also indicating new avenues for future research for scholars.

Electric vehicle, EV batteries, Li-ion batteries, market analysis.

"Electric Vehicles: A Computational Theory And Market Analysis", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.9, Issue 2, page no.e573-e584, February-2022, Available :http://www.jetir.org/papers/JETIR2202473.pdf

"Electric Vehicles: A Computational Theory And Market Analysis", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.9, Issue 2, page no. ppe573-e584, February-2022, Available at : http://www.jetir.org/papers/JETIR2202473.pdf