The prospect of moving towards a circular economy in creating ELV recycling systems in Thailand
Kriengkrai Techakanont and
Tassanee Homklin
International Journal of Automotive Technology and Management, 2024, vol. 24, issue 3, 358-376
Abstract:
While Thailand's automotive policies have been shifting towards electric vehicles, there are public concerns over the existing old cars in use. The increasing challenges from a growing number of old vehicles, along with illegal abandonment and improper treatment of end-of-life vehicles (ELVs) give rise to significant economic and environmental risks. This paper investigates these issues to shed light on the current development of public awareness towards ELVs in Thailand. Using structural equation modelling (SEM), we assessed if the degree of understanding and awareness towards proper ELV management practices would have impact on ELV recycling program acceptance. Results revealed that heightened awareness of ELVs significantly boosts Thai people's acceptance of recycling initiatives. This insight underscores the vital role of awareness in fostering support for sustainable ELV practices.
Keywords: circular economy; CE; end-of-life vehicles; ELVs; automotive industry; Thailand automobile industry; ELV recycling system; Thailand. (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijatma:v:24:y:2024:i:3:p:358-376
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