The Influencing Factors of New Energy Vehicle Consumers’ Purchase Intentions – A Case Study of Ideal Brand

Last modified: August 8, 2024
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Title: The Influencing Factors of New Energy Vehicle Consumers’ Purchase Intentions – A Case Study of Ideal Brand

Author: Lyu He

Advisor: Dr. Ma Yu

Degree: Master of Business Administration

Major: International Business Management

Faculty: บัณฑิตวิทยาลัย (Graduate School)

Published: The 8th STIU International Conference “TechVision Leadership: Fostering Social Sustainability” July 4-5 2024 (pp.613-624) Proceedings  PDF


Abstract

     Sustainable energy vehicles are being developed in China, aiming to promote a low-carbon society and environmentally friendly transportation.  This paper aimed to study the influencing factors of consumer purchase intention of Ideal Brand New Energy Vehicles.

     The objectives of the study were 1) to explore the influencing factors that affect the purchase intention of consumers of Ideal Brand New Energy Vehicles and 2) to determine whether functional value, emotional value, social value, green value, and economic value have any influence on the purchase intention of consumers of Ideal Brand New Energy Vehicles.

     This study adopted the quantitative research method. A total of 410 questionnaires were distributed, and 403 valid questionnaires were recovered, with a recovery rate of 98.3%. Based on the purchasing decision theory and the sustainable development theory, this paper found that: 1) Functional value, emotional value, social value, green value, and economic value are the factors influencing consumer purchase intention for new energy vehicles; 2) The factors influencing consumer purchase intention of new energy vehicles, which are functional value, emotional value, social value, green value, and economic value,  all  have  a  significant  positive  effect  on  consumer  purchase  intention.  For recommendations,  Ideal  Brand  should  focus  on  the  following  aspects:   1)  Enhancing functional  value;   2)  Strengthening  emotional  value;  3)  Enhancing  green  value;   4) Rationalizing economic value; 5) Improving social value.

Keywords: new energy vehicle, consumer purchase intentions, Ideal Brand


The influencing Factors of New Energy Vehicle Consumers’ Purchase Intentions – A Case Study of Ideal Brand /

6517195404 Lyu He 2566 (2023) The influencing Factors of New Energy Vehicle Consumers’ Purchase Intentions – A Case Study of Ideal Brand สารนิพนธ์ (Independent Study), Advisor: Dr. Ma Yu, ปริญญาโท (Master’s Degree), บัณฑิตวิทยาลัย (Graduate School), Master of Business Administration, Education Management, Bangkok: Siam University

Academic Year 2023, Graduate School 2023, IMBA, IMBA 2023, Independent Study, Independent Study 2023, Master of Business Administration, Master of Business Administration (International Program) 2023, Master of Business Administration 2023, ปริญญาโท (Master’s Degree), บัณฑิตวิทยาลัย (Graduate School), Master of Business Administration,Education Management

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