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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, Dandan; Gan, Hongcheng
发表日期2022
ISSN0301-4215
EISSN1873-6777
卷号165页码:9
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.
英文关键词Purchasing intent; Electric vehicles; Life cycle cost; Total cost of ownership; Rank-ordered logit; Young consumers
学科领域Economics; Energy & Fuels; Environmental Sciences; Environmental Studies
语种英语
WOS研究方向Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology
WOS记录号WOS:000793127000014
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/272315
作者单位University of Shanghai for Science & Technology; University of Shanghai for Science & Technology
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GB/T 7714
Ji, Dandan,Gan, Hongcheng. 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],2022,165:9.
APA Ji, Dandan,&Gan, Hongcheng.(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,165,9.
MLA Ji, Dandan,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):9.
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