IDEAS home Printed from https://ideas.repec.org/p/arx/papers/2504.09854.html
   My bibliography  Save this paper

To Buy an Electric Vehicle or Not? A Bayesian Analysis of Consumer Intent in the United States

Author

Listed:
  • Nafisa Lohawala
  • Mohammad Arshad Rahman

Abstract

The adoption of electric vehicles (EVs) is considered critical to achieving climate goals, yet it hinges on consumer interest. This study explores how public intent to purchase EVs relates to four unexamined factors: exposure to EV information, perceptions of EVs' environmental benefits, views on government climate policy, and confidence in future EV infrastructure; while controlling for prior EV ownership, political affiliation, and demographic characteristics (e.g., age, gender, education, and geographic location). We utilize data from three nationally representative opinion polls conducted by the Pew Research Center between 2021 and 2023, and employ Bayesian techniques to estimate the ordinal probit and ordinal quantile models. Results from ordinal probit show that respondents who are well-informed about EVs, perceive them as environmentally beneficial, or are confident in development of charging stations are more likely to express strong interest in buying an EV, with covariate effects--a metric rarely reported in EV research--of 10.2, 15.5, and 19.1 percentage points, respectively. In contrast, those skeptical of government climate initiatives are more likely to express no interest, by more than 10 percentage points. Prior EV ownership exhibits the highest covariate effect (ranging from 19.0 to 23.1 percentage points), and the impact of most demographic variables is consistent with existing studies. The ordinal quantile models demonstrate significant variation in covariate effects across the distribution of EV purchase intent, offering insights beyond the ordinal probit model. This article is the first to use quantile modeling to reveal how covariate effects differ significantly throughout the spectrum of EV purchase intent.

Suggested Citation

  • Nafisa Lohawala & Mohammad Arshad Rahman, 2025. "To Buy an Electric Vehicle or Not? A Bayesian Analysis of Consumer Intent in the United States," Papers 2504.09854, arXiv.org.
  • Handle: RePEc:arx:papers:2504.09854
    as

    Download full text from publisher

    File URL: http://arxiv.org/pdf/2504.09854
    File Function: Latest version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Philippe Aghion & Antoine Dechezleprêtre & David Hémous & Ralf Martin & John Van Reenen, 2016. "Carbon Taxes, Path Dependency, and Directed Technical Change: Evidence from the Auto Industry," Journal of Political Economy, University of Chicago Press, vol. 124(1), pages 1-51.
    2. Stephen P. Holland & Erin T. Mansur & Nicholas Z. Muller & Andrew J. Yates, 2016. "Are There Environmental Benefits from Driving Electric Vehicles? The Importance of Local Factors," American Economic Review, American Economic Association, vol. 106(12), pages 3700-3729, December.
    3. Stekelberg, James & Vance, Thomas, 2024. "The effect of transferable tax benefits on consumer intent to purchase an electric vehicle," Energy Policy, Elsevier, vol. 186(C).
    4. Zulfiqar Ali Lashari & Joonho Ko & Junseok Jang, 2021. "Consumers’ Intention to Purchase Electric Vehicles: Influences of User Attitude and Perception," Sustainability, MDPI, vol. 13(12), pages 1-14, June.
    5. Clinton, Bentley C. & Steinberg, Daniel C., 2019. "Providing the Spark: Impact of financial incentives on battery electric vehicle adoption," Journal of Environmental Economics and Management, Elsevier, vol. 98(C).
    6. Hu, Xianfeng & Wang, Shanyong & Zhou, Rongting & Gao, Lan & Zhu, Zujun, 2023. "Policy driven or consumer trait driven? Unpacking the EVs purchase intention of consumers from the policy and consumer trait perspective," Energy Policy, Elsevier, vol. 177(C).
    7. James H. Albert & Siddhartha Chib, 2001. "Sequential Ordinal Modeling with Applications to Survival Data," Biometrics, The International Biometric Society, vol. 57(3), pages 829-836, September.
    8. Xue, Yixi & Zhang, Yi & Wang, Zhuoli & Tian, Shuo & Xiong, Qian & Li, Lydia Qianqian, 2023. "Effects of incentive policies on the purchase intention of electric vehicles in China: Psychosocial value and family ownership," Energy Policy, Elsevier, vol. 181(C).
    9. DeShazo, J.R. & Sheldon, Tamara L. & Carson, Richard T., 2017. "Designing policy incentives for cleaner technologies: Lessons from California's plug-in electric vehicle rebate program," Journal of Environmental Economics and Management, Elsevier, vol. 84(C), pages 18-43.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Huang, Robert & Kahn, Matthew E., 2024. "An economic analysis of United States public transit carbon emissions dynamics," Regional Science and Urban Economics, Elsevier, vol. 107(C).
    2. Nathan Delacrétaz & Bruno Lanz & Jeremy van Dijk, 2020. "The chicken or the egg: Technology adoption and network infrastructure in the market for electric vehicles," IRENE Working Papers 20-08, IRENE Institute of Economic Research.
    3. Roberto Amaral-Santos & Ariaster Chimeli & Joao Paulo Pessoa, 2023. "Natural Gas Vehicles: Consequences to Fuel Markets and the Environment," Working Papers, Department of Economics 2023_07, University of São Paulo (FEA-USP).
    4. Pessoa, Joao Paulo & Santos, Roberto Amaral & Chimeli, Ariaster, 2023. "Natural Gas Vehicles: Consequences to Fuel Markets and the Environment," SocArXiv 7tvgy, Center for Open Science.
    5. Azarafshar, Roshanak & Vermeulen, Wessel N., 2020. "Electric vehicle incentive policies in Canadian provinces," Energy Economics, Elsevier, vol. 91(C).
    6. Xiaodan Guo & Junji Xiao, 2023. "Welfare analysis of the subsidies in the Chinese electric vehicle industry," Journal of Industrial Economics, Wiley Blackwell, vol. 71(3), pages 675-727, September.
    7. Jeremy Dijk & Nathan Delacrétaz & Bruno Lanz, 2022. "Technology Adoption and Early Network Infrastructure Provision in the Market for Electric Vehicles," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 83(3), pages 631-679, November.
    8. repec:osf:socarx:7tvgy_v1 is not listed on IDEAS
    9. Zhang, Xiang & Hu, Xiaoming & Qi, Liang & Jin, Taosheng, 2024. "Direct network effects in electric vehicle adoption," Technological Forecasting and Social Change, Elsevier, vol. 209(C).
    10. Nguyen-Tien, Viet & Elliott, Robert J.R. & Strobl, Eric & Zhang, Chengyu, 2024. "Estimating the longevity of electric vehicles: what do 300 million MOT test results tell us?," LSE Research Online Documents on Economics 126759, London School of Economics and Political Science, LSE Library.
    11. Kenneth T. Gillingham & Marten Ovaere & Stephanie M. Weber, 2025. "Carbon Policy and the Emissions Implications of Electric Vehicles," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 12(2), pages 313-352.
    12. Wang, Kunlun & Zheng, Leven J. & Lin, Boqiang, 2024. "Demand-side incentives, competition, and firms’ innovative activities: Evidence from automobile industry in China," Energy Economics, Elsevier, vol. 132(C).
    13. Burra, Lavan T. & Sommer, Stephan & Vance, Colin, 2024. "Free-ridership in subsidies for company- and private electric vehicles," Energy Economics, Elsevier, vol. 131(C).
    14. Jose L. Arroyo & Ángel Felipe & M. Teresa Ortuño & Gregorio Tirado, 2020. "Effectiveness of carbon pricing policies for promoting urban freight electrification: analysis of last mile delivery in Madrid," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 28(4), pages 1417-1440, December.
    15. Burra, Lavan T. & Sommer, Stephan & Vance, Colin, 2023. "Free-Ridership in Subsidies for Company- and Private Electric Vehicles," Ruhr Economic Papers 1015, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    16. Carley, Sanya & Zirogiannis, Nikolaos & Siddiki, Saba & Duncan, Denvil & Graham, John D., 2019. "Overcoming the shortcomings of U.S. plug-in electric vehicle policies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 113(C), pages 1-1.
    17. Correia Sinézio Martins, Edlaine & Lépine, Julien & Corbett, Jacqueline, 2024. "Assessing the effectiveness of financial incentives on electric vehicle adoption in Europe: Multi-period difference-in-difference approach," Transportation Research Part A: Policy and Practice, Elsevier, vol. 189(C).
    18. Sheldon, Tamara L. & Dua, Rubal, 2019. "Measuring the cost-effectiveness of electric vehicle subsidies," Energy Economics, Elsevier, vol. 84(C).
    19. Li, Ping & Zhang, ZhongXiang, 2023. "The effects of new energy vehicle subsidies on air quality: Evidence from China," Energy Economics, Elsevier, vol. 120(C).
    20. Peter Haan & Adrián Santonja & Aleksandar Zaklan, 2025. "Effectiveness and Heterogeneous Effects of Purchase Grants for Electric Vehicles," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 88(1), pages 185-223, January.
    21. Viet Nguyen-Tien & Chengyu Zhang & Eric Strobl & Robert J. R. Elliott, 2025. "The closing longevity gap between battery electric vehicles and internal combustion vehicles in Great Britain," Nature Energy, Nature, vol. 10(3), pages 354-364, March.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:arx:papers:2504.09854. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: arXiv administrators (email available below). General contact details of provider: http://arxiv.org/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.