Diverse elements are influencing consumers’ purchase decisions as the proliferation of electric vehicles reshapes the automotive industry. The objective of this study was to thoroughly examine three key determinants that influence consumers’ propensity towards electric vehicles: financial, technical, and infrastructural aspects. The information of 200 online consumers in the city of Hyderabad is assessed. A two-step methodology, which has become popular in recent research, was employed to examine the data. In order to examine the measurement model, confirmatory factor analysis (CFA) was performed, which was then followed by structural equation modelling. By means of meticulous scrutiny and empirical investigation, we have revealed the complex interconnections among these components and their influence on a consumer’s purchasing decision. By gaining a better understanding of these determinants, stakeholders can formulate more effective strategies that promote a future for transportation that is both sustainable and electric-friendly.