The Impact of Price Value, Driving Range, Charging Station Availability, and Monetary Incentive Policy on Intention to Buy Electric Vehicles in Jabodetabek-Indonesia
Year: 2024
Type: article
Study design: Observational Study
Abstract: Adopting electric vehicles is crucial for reducing greenhouse gas emissions and dependence on fossil fuels.This study aims to address the gaps in the literature by examining the impact of price value, driving range, charging station availability, and monetary incentive policies on the intention to buy electric vehicles in Jabodetabek (Jakarta, Bogor, Depok, Tangerang, Bekasi), Indonesia.This research is quantitative and applies purposive sampling methods.255 respondents were obtained through Google forms distributed online through WhatsApp, Messenger, Line, Twitter, and Email.Data analysis using Smart PLS.There are four independent variables: price value, driving range, charging station availability, and monetary incentive policy.The independent variable is the intention to buy electric vehicles.The results show that price value, driving range, and charging station availability significantly influence the intention to buy electric vehicles.Meanwhile, monetary incentive policies do not have a significant impact.The results of this research can provide valuable input to producers and regulators.Future research can involve a broader population and simultaneously test other potential factors from previous studies to find fundamental aspects that can assist decision-makers in taking appropriate actions to encourage the adoption of electric vehicles.
Institutions: Tarumanagara University, State University of Jakarta
Language: English
Subfield: Electrical and Electronic Engineering
Field: Engineering
Domain: Physical Sciences
Open Access status: bronze
OpenAlex ID: W4404149318