Investigating the role of electric vehicle knowledge in consumer adoption: evidence from an emerging market
| Autor: | Deepak Jaiswal, Rishi Kant, Pankaj Singh, Rambalak Yadav |
|---|---|
| Rok vydání: | 2021 |
| Předmět: |
050210 logistics & transportation
business.product_category business.industry Strategy and Management 05 social sciences 0211 other engineering and technologies 02 engineering and technology Clean technology Popularity Alternative fuel vehicle Risk perception Empirical research 0502 economics and business Electric vehicle Technology acceptance model 021108 energy Business and International Management Marketing business Emerging markets |
| Zdroj: | Benchmarking: An International Journal. 29:1027-1045 |
| ISSN: | 1463-5771 |
| DOI: | 10.1108/bij-11-2020-0579 |
| Popis: | PurposeThe use of electric vehicles has received popularity as alternative fuel vehicles to reduce greenhouse gas emissions and energy cost, which are expected to perform a crucial role in the near future of emerging mobility markets. The purpose of this empirical study is to analyse the role of electric vehicle knowledge in predicting consumer adoption intention directly and indirectly in the backdrop of an emerging market.Design/methodology/approachThe study approached an extended version of “Technology acceptance model” (TAM) based on the integrated framework of “knowledge-beliefs-intention”. The model was tested via direct and indirect path analyses with the data collected from Indian respondents using an online survey.FindingsThe results indicate the robustness of the present research model, which shows that consumer adoption is significantly driven by electric vehicle knowledge, perceived usefulness, perceived ease of use and perceived risk. Electric vehicle knowledge has emerged as the most powerful cognitive measure, which directly affects the adoption intention along with the measures of “TAM”. Additionally, this also poses a higher indirect effect on adoption intention in the integrated model.Research limitations/implicationsThe study has focused on potential young and educated consumers, which may not be warranted to generalise the research findings, while youth or millennials are more receptive to adopt innovative and clean technology products like electric vehicle. Based on the findings, implications are offered for encouraging electric vehicles in the backdrop of emerging automobile markets.Originality/valueConcerning this cognitive phenomenon of knowledge, scant literature has been explored the role of subjective knowledge in consumer adoption for electric vehicles, particularly in the emerging markets like India. Thus, the present study analyses how consumers' knowledge about electric vehicle affects their decision to adopt this in the near future of Indian zero-emission mobility market. |
| Databáze: | OpenAIRE |
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