2018
DOI: 10.2172/1425436
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Consumer Behavior and the Plug-In Electric Vehicle Purchase Decision Process: A Research Synthesis

Abstract: Executive SummaryThis report synthesizes consumer behavior research as it pertains to the plug-in electric vehicle (PEV) purchase decision process. The purpose is to clarify what is known about the vital role consumers play in the U.S. PEV market as it matures to become less policy-reliant and more representative of the U.S., both spatially and demographically. A more representative PEV market will: help OEMs recoup more of their R&D investments in PEVs; help American consumers access the economic and performa… Show more

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Cited by 6 publications
(5 citation statements)
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“…Besides allowing more efficient usage of renewable solar energy throughout daytime, they also enable quicker recharging, reducing potential waiting times, a key perceived barrier for consumers to adopt EVs [95][96][97].…”
Section: More Power Is Not Always Bettermentioning
confidence: 99%
“…Besides allowing more efficient usage of renewable solar energy throughout daytime, they also enable quicker recharging, reducing potential waiting times, a key perceived barrier for consumers to adopt EVs [95][96][97].…”
Section: More Power Is Not Always Bettermentioning
confidence: 99%
“…The adoption of electric vehicles has aided the advancements and development in both vehicles and power systems. Future research will focus on making electric vehicles more inexpensive and efficient, as well as energy management systems and increased range [55]. Following are some of the research trends:…”
Section: Fig 10 -Paramount Factors Influencing the Prospective Ev Buyers [48]mentioning
confidence: 99%
“…Car marketers are anxious about increasing customer confidence after purchase decision-making, such as familiarity with vehicle characteristics, range anxiety, charging knowledge, car dependability, and resale value. Reducing consumer uncertainty by increasing consumer knowledge, confidence, and trust may boost the likelihood to influence EV purchase by any given consumer (Taylor & Fujita, 2017). It is persistent to increase the buyer's confidence in the purchase and decrease post-purchase dissonance (Aaker & McLoughlin, 2009).…”
Section: Electric Vehicle (Ev)mentioning
confidence: 99%