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Do environmental quality and policy changes affect the evolution of consumers’ intentions to buy new energy vehicles

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  • Lin, Boqiang
  • Shi, Lei

Abstract

The decision-making process of car purchase tends to last relatively longer which makes consumers' intention to purchase new energy vehicle may affected by various factors and significantly change. For the first time, we divide consumers’ intention to buy new energy vehicles into three stages, early intention and later intention in the decision-making process and future intention, and then extend the influencing relationships that have been verified from the study of future purchasing intention into these stages. This provides a new perspective for an in-depth understanding of the evolution process and the influence mechanism of purchasing new energy vehicles. Specifically, we collect a data set including 2,565 families with cars and then use the partial least squares structural equation model, to verify the theoretical model. The results show that our model has universal applicability to samples from different regions, indicating that it is stable and can be applied to other regions and countries. Consumers’ willingness to purchase new energy vehicles shows a decreasing trend in the early stages and then rises in the subsequent stages. Although consumers’ cognition of the role of new energy vehicles in environmental governance is biased, it improves consumers’ purchase intention at all stages. Finally, some corresponding policy measures are put forward to promote the further development of new energy vehicles.

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  • Lin, Boqiang & Shi, Lei, 2022. "Do environmental quality and policy changes affect the evolution of consumers’ intentions to buy new energy vehicles," Applied Energy, Elsevier, vol. 310(C).
  • Handle: RePEc:eee:appene:v:310:y:2022:i:c:s0306261922000630
    DOI: 10.1016/j.apenergy.2022.118582
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    6. Anqi Chen & Shibing You, 2022. "The Fuel Cycle Carbon Reduction Effects of New Energy Vehicles: Empirical Evidence Based on Regional Data in China," Sustainability, MDPI, vol. 14(23), pages 1-17, November.
    7. Qi Wu & Shouheng Sun, 2022. "Energy and Environmental Impact of the Promotion of Battery Electric Vehicles in the Context of Banning Gasoline Vehicle Sales," Energies, MDPI, vol. 15(22), pages 1-18, November.
    8. Hsiao, Cody Yu-Ling & Yang, Rui & Zheng, Xin & Chiu, Yi-Bin, 2023. "Evaluations of policy contagion for new energy vehicle industry in China," Energy Policy, Elsevier, vol. 173(C).
    9. Shi, Lei & Wu, Rongxin & Lin, Boqiang, 2023. "Where will go for electric vehicles in China after the government subsidy incentives are abolished? A controversial consumer perspective," Energy, Elsevier, vol. 262(PA).
    10. Wenjie Chen & Xiaogang Wu & Zhu Xiao, 2023. "Impact of Environmental Policy Mix on Carbon Emission Reduction and Social Welfare: Scenario Simulation Based on Private Vehicle Trajectory Big Data," Energies, MDPI, vol. 16(15), pages 1-18, August.
    11. Fraccascia, Luca & Ceccarelli, Gaia & Dangelico, Rosa Maria, 2023. "Green products from industrial symbiosis: Are consumers ready for them?," Technological Forecasting and Social Change, Elsevier, vol. 189(C).
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