Consumer purchase intentions for flexible-fuel and hybrid-electric vehicles |
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| Institution: | 1. Department of Agricultural and Resource Economics, North Carolina State University, Raleigh, USA;2. Department of Agricultural and Resource Economics, University of Tennessee, Knoxville, USA;1. School of Management and Economics, Beijing Institute of Technology, 5# Zhong-guan-cun South Street, Haidian District, Beijing, 100081, China;2. Beijing Key Laboratory of Energy Economics and Environmental Management, 5# Zhong-guan-cun South Street, Haidian District, Beijing, 100081, China;3. Collaborative Innovation Center of Electric Vehicles in Beijing, 5# Zhong-guan-cun South Street, Haidian District, Beijing, 100081, China;4. Sustainable Development Research Institute for Economy and Society of Beijing, 5# Zhong-guan-cun South Street, Haidian District, Beijing, 100081, China;5. Center for Energy and Environmental Policy Research, Beijing Institute of Technology, 5# Zhong-guan-cun South Street, Haidian District, Beijing, 100081, China;6. School of Economics & Management, Open University of China, 75 Fuxing Road, Haidian District, Beijing, 100039, China;7. Katz Graduate School of Business, University of Pittsburgh, Pittsburgh, PA 15260, USA;1. Department of Transport, Technical University of Denmark, Bygningstorvet 116B, 2800 Kgs. Lyngby, Denmark;2. Cowi A/S, Parallelvej 2, 2800 Kgs. Lyngby, Denmark;1. Stellantis, Route de Gisy, 78140, Vélizy-Villacoublay, France;2. Université Paris-Saclay, CentraleSupélec, Laboratoire Genie Industriel, 3 Rue Joliot-Curie, 91190, Gif-sur-Yvette, France;3. Université Paris Dauphine-PSL, Place Du Maréchal de Lattre de Tassigny, 75016, Paris, France |
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| Abstract: | This study explores the factors that influence consumer likelihood of purchasing two different types of alternative-fuel vehicles – flexible fuel and hybrid-electric. Data for the study come from an online survey of US automobile owners. Results suggest that concerns about energy security, the environment, and the availability of alternative fuels, along with demographic factors, have significant effects on consumer purchase expectations for alternative-fuel vehicles. |
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