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Range anxiety and willingness to pay: Psychological insights for electric vehicle
To understand drivers' perspectives and address barriers to the adoption of electric vehicles (EVs), this study primarily delves into two significant psychological aspects: range anxiety and willingness to pay (WTP) for charging among EV drivers. The Technology Acceptance Model and Expectation Confirmation Model are integrated to capture motivations that influence EV acceptance. Based on a sample of 677 Chinese EV users, the study reveals that user satisfaction and perceived ease of use play a critical role in mitigating range anxiety. Both external (satisfaction, perceived ease of use) and internal (range anxiety, charging habits, risk-averse attitude) motives are key determinants in increasing the WTP for charging. Among these, improvements in user satisfaction exert the most significant impact on reducing range anxiety and enhancing WTP for charging. Furthermore, the Multiple Indicators Multiple Causes model was employed to examine the effects of socioeconomic attributes on latent psychological factors. The findings highlight the importance of adopting customer-centered strategies in the formulation of policy interventions.
Range anxiety and willingness to pay: Psychological insights for electric vehicle
To understand drivers' perspectives and address barriers to the adoption of electric vehicles (EVs), this study primarily delves into two significant psychological aspects: range anxiety and willingness to pay (WTP) for charging among EV drivers. The Technology Acceptance Model and Expectation Confirmation Model are integrated to capture motivations that influence EV acceptance. Based on a sample of 677 Chinese EV users, the study reveals that user satisfaction and perceived ease of use play a critical role in mitigating range anxiety. Both external (satisfaction, perceived ease of use) and internal (range anxiety, charging habits, risk-averse attitude) motives are key determinants in increasing the WTP for charging. Among these, improvements in user satisfaction exert the most significant impact on reducing range anxiety and enhancing WTP for charging. Furthermore, the Multiple Indicators Multiple Causes model was employed to examine the effects of socioeconomic attributes on latent psychological factors. The findings highlight the importance of adopting customer-centered strategies in the formulation of policy interventions.
Range anxiety and willingness to pay: Psychological insights for electric vehicle
Pei, Mingyang (author) / Huang, Zikang (author) / Zhang, Zhou (author) / Wang, Ke (author) / Ye, Xin (author)
2025-01-01
11 pages
Article (Journal)
Electronic Resource
English
Interacting with limited mobility resources: Psychological range levels in electric vehicle use
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