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Who is more likely to buy electric vehicles?

Hamed Naseri, Owen Waygood, Zachary Patterson and Bobin Wang

Article (2024)

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Abstract

To promote electric vehicles, it is vital to know what impacts the preferences for electric vehicles over conventional fuel-based cars. To address this, a discrete choice experiment is developed and integrated into a survey. An online survey was conducted in Canada with 2062 valid responses. Different labels are designed for the survey to determine the most effective GHG information framing to increase the influence of such information on decisions. In this study, the influence of lifecycle emissions is considered. Three ensemble learning techniques are applied and they are compared based on prediction accuracy, and the most accurate technique is applied to determine the relative influence of variables on the intention to buy electric vehicles. Further, the interaction of variables is investigated using xgbfir. Subsequently, Accumulated Local Effect (ALE) is employed to examine the influence direction of top variables on the electric vehicle purchase likelihood. The results suggest that environmental attitudes and purchase price are the most influential parameters on the intention to buy electric vehicles. Moreover, those who are extremely worried about climate change, do not own a car, and self-identified as being at the top of the climate change stage of change are more likely to buy electric vehicles.

Uncontrolled Keywords

electric vehicle; ensemble learning; variables analysis; accumulated local effects

Subjects: 1500 Environmental engineering > 1500 Environmental engineering
2100 Mechanical engineering > 2100 Mechanical engineering
2500 Electrical and electronic engineering > 2500 Electrical and electronic engineering
Department: Department of Civil, Geological and Mining Engineering
Funders: Fonds de recherche du Québec - Nature et technologies, Social Sciences and Humanities Research Council of Canada, CIRODD - Program SYNERGIE
Grant number: 2019-GS-261583, 323214, 435-20200-1292, 322727
PolyPublie URL: https://publications.polymtl.ca/58719/
Journal Title: Transport Policy (vol. 155)
Publisher: Elsevier
DOI: 10.1016/j.tranpol.2024.06.013
Official URL: https://doi.org/10.1016/j.tranpol.2024.06.013
Date Deposited: 15 Jul 2024 11:26
Last Modified: 29 Sep 2024 21:57
Cite in APA 7: Naseri, H., Waygood, O., Patterson, Z., & Wang, B. (2024). Who is more likely to buy electric vehicles? Transport Policy, 155, 15-28. https://doi.org/10.1016/j.tranpol.2024.06.013

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