Do environmental quality and policy changes affect the evolution of consumers’ intentions to buy new energy vehicles

Boqiang Lin () and Lei Shi

Applied Energy, 2022, vol. 310, issue C, No S0306261922000630

Abstract: The decision-making process of car purchase tends to last relatively longer which makes consumers' intention to purchase new energy vehicle may affected by various factors and significantly change. For the first time, we divide consumers’ intention to buy new energy vehicles into three stages, early intention and later intention in the decision-making process and future intention, and then extend the influencing relationships that have been verified from the study of future purchasing intention into these stages. This provides a new perspective for an in-depth understanding of the evolution process and the influence mechanism of purchasing new energy vehicles. Specifically, we collect a data set including 2,565 families with cars and then use the partial least squares structural equation model, to verify the theoretical model. The results show that our model has universal applicability to samples from different regions, indicating that it is stable and can be applied to other regions and countries. Consumers’ willingness to purchase new energy vehicles shows a decreasing trend in the early stages and then rises in the subsequent stages. Although consumers’ cognition of the role of new energy vehicles in environmental governance is biased, it improves consumers’ purchase intention at all stages. Finally, some corresponding policy measures are put forward to promote the further development of new energy vehicles.

Keywords: New energy vehicles; Purchase intention; Environmental governance; Subsidy policy (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (25)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0306261922000630
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:appene:v:310:y:2022:i:c:s0306261922000630

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/405891/bibliographic
http://www.elsevier. ... 405891/bibliographic

DOI: 10.1016/j.apenergy.2022.118582

Access Statistics for this article

Applied Energy is currently edited by J. Yan

More articles in Applied Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().