Factors Influencing the Behavioural Intention towards Full Electric Vehicles: An Empirical Study in Macau

Ivan K. W. Lai, Yide Liu, Xinbo Sun, Hao Zhang and Weiwei Xu
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Ivan K. W. Lai: School of Business and Hospitality Management, Caritas Institute of Higher Education, Tseung Kwan O, New Territories, Hong Kong, China
Yide Liu: School of Business, Macau University of Science and Technology, Taipa, Macau, China
Xinbo Sun: School of Business Administration, Northeastern University, Heping District, Shenyang 110819, China
Hao Zhang: School of Business Administration, Northeastern University, Heping District, Shenyang 110819, China
Weiwei Xu: School of Business, Macau University of Science and Technology, Taipa, Macau, China

Sustainability, 2015, vol. 7, issue 9, 1-22

Abstract: This study examines the factors that influence individual intentions towards the adoption of full electric vehicles. A sample including 308 respondents was collected on the streets of Macau. The collected data were analysed by confirmatory factor analysis and structural equation modelling. The results demonstrate that environmental concerns and the perception of environmental policy are antecedent factors of the perception of full electric vehicles, which influences the behavioural intention to purchase full electric vehicles. This study also finds that the perception of economic benefit is one of the key factors influencing the adoption of full electric vehicles. Vehicle operators seek economic benefits from future long-term fuel savings, high energy efficiency, and cheap electricity. Thus, a government striving to promote low-carbon transportation needs to scale up its efforts to enhance citizens’ environmental concerns and to establish proper environmental policy as well as to provide long-term financial and strategic support for electric vehicles.

Keywords: consumer acceptance; environmental concern; environmental policy; electric vehicles (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (35)

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