Economics of Electric Vehicle Adoption: An Integrated Framework for Investigating the Antecedents of Perceived Value and Purchase Intent
Due to political instabilities, limited non-renewable resources and international conflicts, the energy industry has been subject to high volatilities in the last few years. This had negative effects on many developing economies, namely those importing most of their energy needs from other countrie...
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Format: | Article |
Language: | English |
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EconJournals
2022-09-01
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Series: | International Journal of Economics and Financial Issues |
Online Access: | https://econjournals.com/index.php/ijefi/article/view/13328 |
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author | Hatim Loudiyi Youssef Chetioui Hind Lebdaoui |
author_facet | Hatim Loudiyi Youssef Chetioui Hind Lebdaoui |
author_sort | Hatim Loudiyi |
collection | DOAJ |
description |
Due to political instabilities, limited non-renewable resources and international conflicts, the energy industry has been subject to high volatilities in the last few years. This had negative effects on many developing economies, namely those importing most of their energy needs from other countries (i.e., Morocco). More recently, the high increases in energy prices have renewed interests and discussions related to the adoption of electric vehicles. The current study aims to examine Moroccan consumers’ perceptions and intentions to use electric cars (EV), an era marked by increasing cost of gasoline and other energy sources. Our study proposes an integrated model combining both contextual and technological factors that influence Moroccan consumer’s Perceived value and purchasing intention of electric vehicles. Data was collected using a self-administered questionnaire from 203 Moroccan respondents and the findings were analyzed using the partial least squares (PLS) technique. Our findings convey that Environmental responsibility and Policy incentives positively influence EV perceived value, while Environmental responsibility, Policy incentives, and perceived value positively influenced purchasing intention.
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first_indexed | 2024-04-10T10:56:55Z |
format | Article |
id | doaj.art-da27c23298fc4d06913a84661567043c |
institution | Directory Open Access Journal |
issn | 2146-4138 |
language | English |
last_indexed | 2024-04-10T10:56:55Z |
publishDate | 2022-09-01 |
publisher | EconJournals |
record_format | Article |
series | International Journal of Economics and Financial Issues |
spelling | doaj.art-da27c23298fc4d06913a84661567043c2023-02-15T16:19:52ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382022-09-0112510.32479/ijefi.13328Economics of Electric Vehicle Adoption: An Integrated Framework for Investigating the Antecedents of Perceived Value and Purchase IntentHatim Loudiyi0Youssef Chetioui1Hind Lebdaoui2School of Business Administration, Al Akhawayn University in Ifrane, Morocco.School of Business Administration, Al Akhawayn University in Ifrane, Morocco.School of Business Administration, Al Akhawayn University in Ifrane, Morocco Due to political instabilities, limited non-renewable resources and international conflicts, the energy industry has been subject to high volatilities in the last few years. This had negative effects on many developing economies, namely those importing most of their energy needs from other countries (i.e., Morocco). More recently, the high increases in energy prices have renewed interests and discussions related to the adoption of electric vehicles. The current study aims to examine Moroccan consumers’ perceptions and intentions to use electric cars (EV), an era marked by increasing cost of gasoline and other energy sources. Our study proposes an integrated model combining both contextual and technological factors that influence Moroccan consumer’s Perceived value and purchasing intention of electric vehicles. Data was collected using a self-administered questionnaire from 203 Moroccan respondents and the findings were analyzed using the partial least squares (PLS) technique. Our findings convey that Environmental responsibility and Policy incentives positively influence EV perceived value, while Environmental responsibility, Policy incentives, and perceived value positively influenced purchasing intention. https://econjournals.com/index.php/ijefi/article/view/13328 |
spellingShingle | Hatim Loudiyi Youssef Chetioui Hind Lebdaoui Economics of Electric Vehicle Adoption: An Integrated Framework for Investigating the Antecedents of Perceived Value and Purchase Intent International Journal of Economics and Financial Issues |
title | Economics of Electric Vehicle Adoption: An Integrated Framework for Investigating the Antecedents of Perceived Value and Purchase Intent |
title_full | Economics of Electric Vehicle Adoption: An Integrated Framework for Investigating the Antecedents of Perceived Value and Purchase Intent |
title_fullStr | Economics of Electric Vehicle Adoption: An Integrated Framework for Investigating the Antecedents of Perceived Value and Purchase Intent |
title_full_unstemmed | Economics of Electric Vehicle Adoption: An Integrated Framework for Investigating the Antecedents of Perceived Value and Purchase Intent |
title_short | Economics of Electric Vehicle Adoption: An Integrated Framework for Investigating the Antecedents of Perceived Value and Purchase Intent |
title_sort | economics of electric vehicle adoption an integrated framework for investigating the antecedents of perceived value and purchase intent |
url | https://econjournals.com/index.php/ijefi/article/view/13328 |
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