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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Autores principales: Sudarsan Jayasingh, T. Girija, Sivakumar Arunkumar
Formato: article
Lenguaje:EN
Publicado: MDPI AG 2021
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Acceso en línea:https://doaj.org/article/0824c5f489bf4e5da112697d1e824d65
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spelling 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)
institution DOAJ
collection DOAJ
language EN
topic 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
spellingShingle 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
description 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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