Abstract

Abstract The purchase of an electric vehicle has become a widely debated topic by the economic community in recent years. However, few personal automobile users, who purchased new cars, have chosen a fully electric vehicle. The novelty of this research came from the assumption that there is a lack of knowledge in this field and fuelled by contradicting information. Potential electric vehicle buyers have developed a real psychosis on the subject, the most consistent motives being among others the charge anxiety. Many researchers consider that the worries of the vehicle users are exaggerated and are not based on reality. Better documentation of the subject would reduce these fears and would increase the process of electrical vehicles absorption. The main objective of this article is to analyse the main anxiety factors by buying an electric vehicle and to reduce the related anxiety. For this purpose, the authors have performed an econometric analysis based on a questionnaire distributed online and face to face in Romania.

Highlights

  • Over the past ten years, since electric vehicles have started being mass sold, they have been continuously perfected

  • Starting from the research studies mentioned in the previous chapter, we focus on the subject of our paper and formulate the research question: "What are the barriers preventing the purchase of an electric car?" In addition to what has been done in this area of research, we will try to estimate which of the nine exogenous factors mentioned above have the greatest impact on the endogenous variable in the multilinear regression model

  • After reviewing the trade academic literature, and based on our analysis, we arrived at the conclusion that among the absorption barriers and anxiety factors related to purchasing an electric vehicle, a considerable share is still borne out by the potential buyers' lack of knowledge of the characteristics and advantages of this type of automobile

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Summary

Introduction

Over the past ten years, since electric vehicles have started being mass sold, they have been continuously perfected. Their dynamic performances, the range, the recharge autonomy, and passive safety have recently reached the performance of traditional vehicles, powered by Internal Combustion Engines (ICE). Following the academic literature pertaining to the present research, and the reality reflected by the public opinion there are traditional purchasing barriers for electric vehicles (He, et al, 2019, O Neil et al, 2019). The price of the acquisition being too high, the dynamic performance reduced, the range being reduced, the producers offer poor, the recharging too complex or too expensive, the services being still in an initial phase, are the main factors that are present in studies regarding purchasing of electric mobility. That is why it comes to no surprise that world CO2 emissions have continued to increase and will continue to increase for the following 10 years

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