Abstract
The transport sector is the leading source of growing greenhouse gas (GHG) emissions globally. To consider environmental degradation aspects due to transport, electric vehicles (EVs) have the prospect to lead road transport to electric mobility from conventional petroleum vehicles. Despite various eco-friendly benefits, the EV market penetration ratio is very low, especially in developing countries. The primary reason for low penetration is consumer limited motivation and knowledge about the EVs features. This paper uses a unified theory of acceptance and technology (UTAUT) model to assess consumer motivation and environmental knowledge towards EVs. This research used convenience random sampling to collect data and analyzed the results using the Partial Least Squares (PLS) method on the example of 199 respondents from Malaysia. The study results revealed that factors identified in the motivational context significantly influence consumer intentions to purchase EVs. Perceived environmental knowledge and technophilia have been included in UTAUT from a motivational perspective. Furthermore, a significant relationship between effort expectancy, social influence, technophilia, perceived environmental knowledge, and purchase intention towards electric vehicles has been observed, without performance expectancy. The study findings serve to inform policymakers and automakers to formulate effective marketing strategies to enhance consumer motivation, knowledge, and value creation for EVs in a sustainable era. Ultimately, the policies will help to encourage consumers to buy eco-friendly vehicles that will help reduce transport carbon emissions and attain sustainable development goals (SDGs).
Highlights
This research concludes that consumer motivation can be effective in enhancing their
This research concludes that consumer motivation be effective in enhancing intentions towards the purchase of electric vehicles (EVs)
EV technophilia, purchase intention, which environmental are: performance expectancy, effortenvironmental knowledge is linked to the sustainability perspective where EVs contribute expectancy, social influence, technophilia, and perceived environmental knowledge
Summary
Due to the rise of the world population and new economic power’s emergence (i.e., China, Russia, India, etc.), the consumption of fossil fuels has significantly increased. A considerable chunk of the world energy requirement is still fulfilled from fossil fuels comprising oil, coal, and natural gas [1]. The burning of fossil fuels from the transport and industry sector leads to a rampant surge of pollutants and GHGs emissions [2]. Business strategies have been actively developed to reduce environmental pollution from a consumer perspective by using eco-friendly products to counter this carbon emission issue [3]
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.