Factors Influencing Consumers’ Purchase Intention towards Electric Two-Wheelers
The demand for electric vehicles (EVs) has significantly increased in recent years, but it represents only a tiny percentage of the total new vehicles sold globally. In 2021, the total sales of electric two-wheelers were less than 1% only. Therefore, the adoption of an electric two-wheeler (E2W) nee...
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2021
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oai:doaj.org-article:0824c5f489bf4e5da112697d1e824d652021-11-25T19:04:56ZFactors Influencing Consumers’ Purchase Intention towards Electric Two-Wheelers10.3390/su1322128512071-1050https://doaj.org/article/0824c5f489bf4e5da112697d1e824d652021-11-01T00:00:00Zhttps://www.mdpi.com/2071-1050/13/22/12851https://doaj.org/toc/2071-1050The demand for electric vehicles (EVs) has significantly increased in recent years, but it represents only a tiny percentage of the total new vehicles sold globally. In 2021, the total sales of electric two-wheelers were less than 1% only. Therefore, the adoption of an electric two-wheeler (E2W) needs to be studied. This research develops a behavioral electric two-wheelers adoption intention model. The present study aimed to identify the factors that influence consumers’ intentions to adopt electric two-wheelers. The questionnaire method was employed, and 182 valid responses were collected. The partial least squares structural equation modeling (PLS-SEM) was used to test the research hypothesis. The empirical results indicate that environmental concern, perceived economic benefit, charging infrastructure, and social influence significantly impact consumers’ attitudes towards electric two-wheelers. Attitude also significantly affects the consumer’s intention to purchase an electric two-wheeler. Perceived economic benefits were found to be the main factor influencing consumers to purchase electric two-wheelers. The findings of this research also show that women are more inclined towards purchasing electric two-wheelers than men. These results offer useful information for governments and electric-two-wheelers companies to gain a better understanding of consumer behavior towards purchasing electric two-wheelers.Sudarsan JayasinghT. GirijaSivakumar ArunkumarMDPI AGarticleelectric vehicleselectric two-wheelerselectric motorcyclegreen consumption behaviorbehavioral intentionattitudeEnvironmental effects of industries and plantsTD194-195Renewable energy sourcesTJ807-830Environmental sciencesGE1-350ENSustainability, Vol 13, Iss 12851, p 12851 (2021) |
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electric vehicles electric two-wheelers electric motorcycle green consumption behavior behavioral intention attitude Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350 |
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electric vehicles electric two-wheelers electric motorcycle green consumption behavior behavioral intention attitude Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350 Sudarsan Jayasingh T. Girija Sivakumar Arunkumar Factors Influencing Consumers’ Purchase Intention towards Electric Two-Wheelers |
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The demand for electric vehicles (EVs) has significantly increased in recent years, but it represents only a tiny percentage of the total new vehicles sold globally. In 2021, the total sales of electric two-wheelers were less than 1% only. Therefore, the adoption of an electric two-wheeler (E2W) needs to be studied. This research develops a behavioral electric two-wheelers adoption intention model. The present study aimed to identify the factors that influence consumers’ intentions to adopt electric two-wheelers. The questionnaire method was employed, and 182 valid responses were collected. The partial least squares structural equation modeling (PLS-SEM) was used to test the research hypothesis. The empirical results indicate that environmental concern, perceived economic benefit, charging infrastructure, and social influence significantly impact consumers’ attitudes towards electric two-wheelers. Attitude also significantly affects the consumer’s intention to purchase an electric two-wheeler. Perceived economic benefits were found to be the main factor influencing consumers to purchase electric two-wheelers. The findings of this research also show that women are more inclined towards purchasing electric two-wheelers than men. These results offer useful information for governments and electric-two-wheelers companies to gain a better understanding of consumer behavior towards purchasing electric two-wheelers. |
format |
article |
author |
Sudarsan Jayasingh T. Girija Sivakumar Arunkumar |
author_facet |
Sudarsan Jayasingh T. Girija Sivakumar Arunkumar |
author_sort |
Sudarsan Jayasingh |
title |
Factors Influencing Consumers’ Purchase Intention towards Electric Two-Wheelers |
title_short |
Factors Influencing Consumers’ Purchase Intention towards Electric Two-Wheelers |
title_full |
Factors Influencing Consumers’ Purchase Intention towards Electric Two-Wheelers |
title_fullStr |
Factors Influencing Consumers’ Purchase Intention towards Electric Two-Wheelers |
title_full_unstemmed |
Factors Influencing Consumers’ Purchase Intention towards Electric Two-Wheelers |
title_sort |
factors influencing consumers’ purchase intention towards electric two-wheelers |
publisher |
MDPI AG |
publishDate |
2021 |
url |
https://doaj.org/article/0824c5f489bf4e5da112697d1e824d65 |
work_keys_str_mv |
AT sudarsanjayasingh factorsinfluencingconsumerspurchaseintentiontowardselectrictwowheelers AT tgirija factorsinfluencingconsumerspurchaseintentiontowardselectrictwowheelers AT sivakumararunkumar factorsinfluencingconsumerspurchaseintentiontowardselectrictwowheelers |
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