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Journal of the National Research University Higher School of Economics

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ISSN 1995-459X print
E-ISSN 2312-9972 online
ISSN 2500-2597 online English

Editor-in-chief
Leonid Gokhberg

   



Sofi Dinesh1, Suddhachit Mitra2
  • 1 Bharathidasan Institute of Management, BHEL Complex, MHD Campus, Tiruchirappalli, Tamil Nadu, India-620014
  • 2 Management Development Institute, Kulori, P.O. – Uttar Ramna Raghunathganj Dist West Bengal PIN-742235, India

Consumers’ Adoption of Electric Vehicles for Sustainability: Exploring the Role of Personality Traits

2023. Vol. 17. No. 2. P. 69–80 [issue contents]
This study investigates the influence of the Big Five personality traits which include extraversion, agreeableness, conscientiousness, neuroticism, and openness in molding the adoption intention of consumers regarding electric vehicles (EVs) in India. This study also looks at Behavioral Economics as an explanatory theory on the diffusion of electric vehicles in India. The study comprised two stages. In the first stage, 150 users and non-users of electric vehicles were surveyed. Results pointed to a significant effect of all Big Five personality traits on adoption intention, with the exception of the trait of neuroticism.  There was no significant difference in the adoption intention based on the differences in personality traits between men and women.  In the second stage, the study used an expert-opinion based survey that was conceptualized based on the Diffusion of Innovation theory combined with the idea of memetics in new product diffusion. The results from the first stage of the research were bolstered by the fact that the second stage indicated that product attributes influencing diffusion would have a negative influence on adoption intentions of persons with high neuroticism. The study provides useful insights into consumer behavior based on personality for marketers of electric vehicles and policymakers interested in bringing about sustainable consumption practices.
Citation: Dinesh S., Mitra S. (2023) Consumers’ Adoption of Electric Vehicles for Sustainability: Exploring the Role of Personality Traits. Foresight and STI Governance, 17(2), 69–80. DOI: 10.17323/2500-2597.2023.2.69.80
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