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Journal of Business Economics and Management
Article . 2024 . Peer-reviewed
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A cross-sectional study of factors influencing purchasing cars in European Union – does the electric and hybrid cars change the contemporary business approach?

Authors: Gheorghe H. Popescu; Jean Vasile Andrei; Violeta Sima; Elvira Nica; Luminita Chivu; Ileana Georgiana Gheorghe;

A cross-sectional study of factors influencing purchasing cars in European Union – does the electric and hybrid cars change the contemporary business approach?

Abstract

This study aims to examine the expansion of the electric vehicle fleet in the context of transport electrification in the European Union. We assessed the car market, following demand and sales trends for electric and hybrid cars. It was explored the possibility of a causal relationship among the percentage of BEV + PHEV in the total fleet and purchasing power, loading infrastructure, government support, the level of education and the degree of digitalization. To achieve the main objectives of the research to assess the existence and magnitude of the causal effects of the considered variables on the percentage of BEV + PHEV in the total fleet, we conducted a cross-sectional analysis in 2020 among the European Union (EU) countries. Five research hypotheses were formulated and tested. The results confirmed that the economic and social development of a region, the charging infrastructure, the government support measures, and the degree of digitalization positively influence the desire of the EU population to buy electric cars.

Keywords

HF5001-6182, battery electric vehicles, plug-in hybrid electric vehicles, sustainability, digitalization, consumer attitudes, Business, environment

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citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
gold