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The intelligent optimization techniques have been introduced by carefully observing the behavior of various hunters like a whale, grey wolf, Aquila, and lizards for estimating global optimum solutions in fair time by forming appropriate mathematical models. Practically, the findings of this study can be applied to promote the market penetration of EVs. Theoretically, this study contributes to the literature by providing an appropriate theoretical perspective for understanding consumer adoption of EVs and identifying numerous significant antecedents of such behavior. Furthermore, the results also suggest that factors in the economic aspect (monetary subsidy and risk of a price reduction), functional aspect (intelligent function and risk of sustainability), and social aspect (status symbol and risk of reputation), exert significant impacts on the adoption of EVs by influencing consumers’ perceptions of innovation characteristics. The empirical results indicate that consumer adoption of EVs can be effectively predicted by three important innovation characteristics, namely perceived compatibility, perceived complexity, and perceived relative advantage.
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We collected 375 valid responses through an offline survey, and the structural equation modeling technique was used to empirically test the proposed model.
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By viewing EVs as innovative products that are different from traditional fuel vehicles, this study proposes a research model based on the diffusion of innovation theory, in which a series of factors influencing the adoption of EVs are identified.
As a conclusion, an integrated approach from international and national stakeholders is fundamental to guarantee strong policies and regulations as well as to support the development of a sound management of EoL EV and LIBs in the Global South countries and help pave the way to a global circular economy.Īlthough electric vehicles (EVs) have been heavily promoted as an effective solution to sustainable problems such as environmental pollution and resource constraints, the market penetration of EVs remains below expectations. Recommendations to support the development of science-based policies to close regulation gaps of the used electric vehicle international trade flow, avoid pollution-shifting and guarantee a sustainable transition to e-mobility in the Global South countries are given.
The paper discusses relevant topics for understanding future risks of transition to electric mobility in the Global South countries, which include the international used vehicle fluxes waste management challenges for EoL BEV and its lithium-ion batteries (LIB) environmental and human health impacts of EoL LIBs disposal and policies and regulations for the e-vehicle life cycle.
End-of-life (EOL) BEVs and their components (particularly the batteries) are far more challenging to manage than their fossil-fueled predecessors as they contain large amounts of chemical substances that constitute potential hazards to the environment and human health and safety. 2020), when more than half of all new cars sold are predicted to be battery-electric vehicles (BEVs). The current electric vehicle fleet is expected to increase from 2.4 million in 2020 to 81 million in 2050 (Slowik et al. Even though this transition is still in its infancy, it is important to consider not only its environmental benefits but also its potential side-effects. We accept Visa and Mastercard debit and credit cards.The transition from fossil-fuel-based internal combustion vehicles to electric vehicles plays a key role to decarbonize road transport and mitigate climate change. The payment received does not impact the finance rate offered.Īll finance applications are subject to status, terms and conditions apply, UK residents only, 18’s or over, Guarantees may be required. The payment we receive may vary between finance providers and product types. We may receive a payment(s) or other benefits from finance providers should you decide to enter into an agreement with them, typically either a fixed fee or a fixed percentage of the amount you borrow. We do not charge fees for our Consumer Credit services. We can introduce you to a limited number of finance providers. Permitted activities include acting as a credit broker not a lender.
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