Exploring the relationship between legitimacy, innovation, uncertainty and electric vehicle purchase intention: Empirical evidence from Spain, Portugal, Italy and Greece
Vol 8, Issue 12, 2024
VIEWS - 258 (Abstract)
Abstract
This study analyzes the interaction between legitimacy, innovation, uncertainty, and electric vehicle (EV) purchase intention in Spain, Portugal, Italy, and Greece. Using partial least squares structural equation modeling (PLS-SEM) and data from 2016 to 2023, the relationships between these key variables are assessed. The results show that legitimacy has a positive impact on purchase intention, while innovation influences legitimacy but does not directly affect purchase intention. Uncertainty moderates these relationships in complex ways. The findings suggest that enhancing the perception of legitimacy is crucial to increase EV purchase intention, and strategies promoting innovation and managing uncertainty can improve market acceptance.
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DOI: https://doi.org/10.24294/jipd.v8i12.9196
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