How government incentives shape consumer intention to adopt electric vehicles: A study in Batam City
This study analyzes the factors influencing the intention to purchase electric vehicles (EVs) following the implementation of financial incentives. It integrates the Theory of Planned Behavior (TPB), the Technological Acceptance Model (TAM), and extensions of TPB, including consumer knowledge, perc...
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| Format: | Article |
| Language: | English |
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Master Program in Economics, Graduate Program of Universitas Jambi
2024-10-01
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| Series: | Jurnal Perspektif Pembiayaan dan Pembangunan Daerah |
| Online Access: | https://online-journal.unja.ac.id/JES/article/view/36897 |
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| author | Suyono Saputra Yulfiswandi Yulfiswandi Wisnu Yuwono |
| author_facet | Suyono Saputra Yulfiswandi Yulfiswandi Wisnu Yuwono |
| author_sort | Suyono Saputra |
| collection | DOAJ |
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This study analyzes the factors influencing the intention to purchase electric vehicles (EVs) following the implementation of financial incentives. It integrates the Theory of Planned Behavior (TPB), the Technological Acceptance Model (TAM), and extensions of TPB, including consumer knowledge, perceived risk, and financial incentives. Data were collected from 384 respondents, comprising both EV users and non-users in Batam City. The findings reveal that attitude has an insignificant effect on the intention to buy EVs, while perceived usefulness also shows an insignificant effect on attitude. In contrast, consumer knowledge and financial incentives significantly influence both attitude and purchase intention. Perceived risk negatively affects attitude and intention to buy EVs. The study highlights the need for policies providing financial incentives to consider long-term benefits for consumers to ensure sustainable adoption of EVs.
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| format | Article |
| id | doaj-art-9b73933fda164dac9f6281d8bbfd49ac |
| institution | Kabale University |
| issn | 2338-4603 2355-8520 |
| language | English |
| publishDate | 2024-10-01 |
| publisher | Master Program in Economics, Graduate Program of Universitas Jambi |
| record_format | Article |
| series | Jurnal Perspektif Pembiayaan dan Pembangunan Daerah |
| spelling | doaj-art-9b73933fda164dac9f6281d8bbfd49ac2024-12-30T08:35:10ZengMaster Program in Economics, Graduate Program of Universitas JambiJurnal Perspektif Pembiayaan dan Pembangunan Daerah2338-46032355-85202024-10-0112410.22437/ppd.v12i4.36897How government incentives shape consumer intention to adopt electric vehicles: A study in Batam CitySuyono Saputra0Yulfiswandi Yulfiswandi1Wisnu Yuwono2Department of Management, Faculty of Management and Business, Universitas Internasional Batam, IndonesiaDepartment of Management, Faculty of Management and Business, Universitas Internasional Batam, IndonesiaDepartment of Management, Faculty of Management and Business, Universitas Internasional Batam, Indonesia This study analyzes the factors influencing the intention to purchase electric vehicles (EVs) following the implementation of financial incentives. It integrates the Theory of Planned Behavior (TPB), the Technological Acceptance Model (TAM), and extensions of TPB, including consumer knowledge, perceived risk, and financial incentives. Data were collected from 384 respondents, comprising both EV users and non-users in Batam City. The findings reveal that attitude has an insignificant effect on the intention to buy EVs, while perceived usefulness also shows an insignificant effect on attitude. In contrast, consumer knowledge and financial incentives significantly influence both attitude and purchase intention. Perceived risk negatively affects attitude and intention to buy EVs. The study highlights the need for policies providing financial incentives to consider long-term benefits for consumers to ensure sustainable adoption of EVs. https://online-journal.unja.ac.id/JES/article/view/36897 |
| spellingShingle | Suyono Saputra Yulfiswandi Yulfiswandi Wisnu Yuwono How government incentives shape consumer intention to adopt electric vehicles: A study in Batam City Jurnal Perspektif Pembiayaan dan Pembangunan Daerah |
| title | How government incentives shape consumer intention to adopt electric vehicles: A study in Batam City |
| title_full | How government incentives shape consumer intention to adopt electric vehicles: A study in Batam City |
| title_fullStr | How government incentives shape consumer intention to adopt electric vehicles: A study in Batam City |
| title_full_unstemmed | How government incentives shape consumer intention to adopt electric vehicles: A study in Batam City |
| title_short | How government incentives shape consumer intention to adopt electric vehicles: A study in Batam City |
| title_sort | how government incentives shape consumer intention to adopt electric vehicles a study in batam city |
| url | https://online-journal.unja.ac.id/JES/article/view/36897 |
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