Electric Vehicle Selection with MCDM Approach in European Market

Proceedings of The 6th International Conference on Advanced Research in Social Sciences and Humanities

Year: 2022

DOI: https://www.doi.org/10.33422/6th.icarsh.2022.10.400

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Electric Vehicle Selection with MCDM Approach in European Market

Fazıl Gökgöz, Engin Yalçın

 

ABSTRACT: 

Recently, the European Union has focused on reducing greenhouse gas emissions, which are mostly caused by the transportation sector. Thus, the adoption of electric vehicles as a green alternative is growing in popularity in the European nations. With the increasing variety of models, there have been different electric vehicle alternatives for customers, which face different criteria when selecting it. The choice of an electric vehicle is based on a variety of technical factors, including cost, range, and battery capacity. Within this framework, Multi-Criteria Decision-Making methods can deal with many conflicting criteria. To this end, we employ the TODIM method to evaluate the performance of the top 10 electric vehicles. As per the empirical performance results, Tesla Model 3 is found to be the best-performing EV among the top ten sold EVs in Europe. Thereby, this study aims to clarify the performance of electric cars sold to European customers.

keywords: Multi-Criteria Decision-Making, TODIM, Electric Vehicle Performance, Europe