Understanding the Emergence and Social Acceptance of Electric Vehicles as Next-Generation Models for the Automobile Industry

Abstract

This study explores potential factors of drivers’ intentions to use electric vehicles and proposes an integrated adoption model. Results of a structural equation modeling analysis with 988 samples indicate that drivers’ intentions are predicted by one negative factor (cost) and three positive ones (satisfaction, usefulness, and attitude). In addition, the total standardized effects of potential factors on the intention are computed. The current study also validates the original technology acceptance model. Based on the results of the current study, practical and academic implications with potential limitations are examined and presented.