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DOI10.1016/j.enpol.2022.112954
Effects of providing total cost of ownership information on below-40 young consumers’ intent to purchase an electric vehicle: A case study in China
Ji D.; Gan H.
发表日期2022
ISSN0301-4215
卷号165
英文摘要Compared to gasoline vehicles, electric vehicles have an advantage that financial benefits from reduced energy consumption offset much or all of the initial price premium. However, currently there exists consumer misconception of this advantage. One strategy to address this misconception is to provide life cycle cost information to consumers. This study investigates how providing information about 5-year fuel cost and total cost of ownership affects the stated preferences of ‘below 40’ young consumers for a gasoline, plug-in hybrid, or battery electric vehicle in the context of China. A rank-ordered logit model is developed to model consumers' stated preferences, based on data collected through a stated preference experiment. This study evidenced the significant positive effect of providing 5-year fuel cost and total cost of ownership information on the stated preference for electric vehicle. Socioeconomic attributes such as gender and education level are also found to have effects on consumers' electric vehicle purchasing intent. The results enhance the understanding of consumers' complex electric vehicle purchase decisions and have policy implications for electric vehicle promotion. © 2022 Elsevier Ltd
英文关键词Electric vehicles; Life cycle cost; Purchasing intent; Rank-ordered logit; Total cost of ownership; Young consumers
语种英语
scopus关键词Energy utilization; Gasoline; Life cycle; Plug-in electric vehicles; Plug-in hybrid vehicles; Public policy; Sales; Case-studies; Financial benefits; Fuel cost; Gasoline vehicle; Purchasing intent; Rank ordered logit; Reduced energy consumption; Stated preferences; Total cost of ownership; Young consumers; Costs; electric vehicle; energy use; life cycle analysis; logit analysis; China
来源期刊Energy Policy
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/256232
作者单位Business School, University of Shanghai for Science and Technology, Shanghai, 200093, China; Center for Supernetworks Research, University of Shanghai for Science and Technology, Shanghai, 200093, China
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GB/T 7714
Ji D.,Gan H.. Effects of providing total cost of ownership information on below-40 young consumers’ intent to purchase an electric vehicle: A case study in China[J],2022,165.
APA Ji D.,&Gan H..(2022).Effects of providing total cost of ownership information on below-40 young consumers’ intent to purchase an electric vehicle: A case study in China.Energy Policy,165.
MLA Ji D.,et al."Effects of providing total cost of ownership information on below-40 young consumers’ intent to purchase an electric vehicle: A case study in China".Energy Policy 165(2022).
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