Submitted:
04 August 2025
Posted:
06 August 2025
You are already at the latest version
Abstract
Keywords:
1. Introduction
2. Literature Review and Hypotheses Development
2.1. Theory of Consumption Value (TCV)
2.1.1. Functional Value
2.1.2. Symbolic Value
2.1.3. Emotional Value
2.1.4. Novelty Value
2.1.5. Conditional Value
2.1.6. The Relationship Between the Dimension of Consumption Values and Consumers’ Attitudes Toward EVs
2.2. The Influence of Consumers’ Attitudes Toward EVs on Behavioural Intentions to Purchase EVs
2.3. Mediating Effect of Consumers’ Attitudes Toward EVs on the Relationship Between Consumption Values and Behavioural Intentions to Purchase EVs
2.4. Moderating Effect of Infrastructure Readiness on the Relationship Between Attitude and Behavioural Intentions to Purchase EVs.
2.5. Research Model Development

3. Methodology and Data Collection Procedure
4. Results
4.1. Measurement Model
4.2. Measurement Model
4.3. Mediating Effect of Consumers’ Attitude Toward EV
4.4. Moderating Effect of Infrastructure Readiness
5. Discussion
6. Conclusions
Author Contributions
Funding
Acknowledgments
Conflicts of Interest
Abbreviations
| EV | Electric Vehicle |
| TCV | Theory of Consumption Value |
| SEM | Structural Equation Modelling |
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| Variable | Category | Frequency | Percentage |
| Gender | Male | 147 | 55.7 |
| Female | 117 | 44.3 | |
| Age | 25 – 30 years | 41 | 15.5 |
| 31 – 40 years | 67 | 25.4 | |
| 41 – 50 years | 120 | 45.5 | |
| 51 years & above | 36 | 13.6 | |
| Education | Secondary Level | 37 | 14.0 |
| Diploma | 52 | 19.7 | |
| Bachelor’s Degree | 89 | 33.7 | |
| Master’s Degree | 68 | 25.8 | |
| Doctorate | 11 | 4.2 | |
| Professionals Qualification | 7 | 2.7 | |
| Marital Status | Single | 56 | 21.2 |
| Married | 204 | 77.3 | |
| Divorced/Widowed | 4 | 1.5 | |
| Occupation | Government Servant | 34 | 12.9 |
| Private Sector | 196 | 74.2 | |
| Self-Employed | 24 | 9.1 | |
| Retired or Pensioner | 3 | 1.1 | |
| Others | 7 | 2.7 |
| Construct | AVE | Composite Reliability |
| Intention to purchase EV | 0.878 | 0.643 |
| Consumers’ attitude toward EV | 0.954 | 0.749 |
| Infrastructure Readiness | 0.836 | 0.630 |
| Functional Value | 0.938 | 0.630 |
| Symbolic Value | 0.894 | 0.546 |
| Emotional Value | 0.963 | 0.764 |
| Novelty Value | 0.916 | 0.646 |
| Conditional Value | 0.835 | 0.630 |
| Items | a | b | c | d | e | f | g | h |
| IP1 | 0.791 | 0.525 | 0.198 | 0.484 | 0.408 | 0.510 | 0.376 | 0.370 |
| IP4 | 0.780 | 0.517 | 0.240 | 0.393 | 0.409 | 0.560 | 0.438 | 0.404 |
| IP5 | 0.821 | 0.701 | 0.087 | 0.605 | 0.296 | 0.551 | 0.172 | 0.529 |
| IP6 | 0.814 | 0.603 | 0.190 | 0.436 | 0.340 | 0.556 | 0.278 | 0.395 |
| CA1 | 0.675 | 0.842 | 0.185 | 0.641 | 0.379 | 0.647 | 0.371 | 0.548 |
| CA2 | 0.578 | 0.831 | 0.181 | 0.532 | 0.389 | 0.616 | 0.316 | 0.492 |
| CA3 | 0.654 | 0.898 | 0.204 | 0.576 | 0.405 | 0.654 | 0.306 | 0.540 |
| CA4 | 0.665 | 0.879 | 0.257 | 0.596 | 0.429 | 0.679 | 0.356 | 0.563 |
| CA5 | 0.666 | 0.887 | 0.176 | 0.585 | 0.421 | 0.647 | 0.278 | 0.528 |
| CA6 | 0.622 | 0.867 | 0.111 | 0.601 | 0.369 | 0.629 | 0.297 | 0.590 |
| CA7 | 0.605 | 0.851 | 0.170 | 0.657 | 0.410 | 0.681 | 0.350 | 0.562 |
| IR1 | 0.159 | 0.111 | 0.767 | 0.182 | 0.340 | 0.188 | 0.307 | 0.044 |
| IR4 | 0.133 | 0.147 | 0.746 | 0.159 | 0.230 | 0.158 | 0.233 | 0.095 |
| IR5 | 0.212 | 0.230 | 0.863 | 0.223 | 0.313 | 0.273 | 0.458 | 0.116 |
| FV1 | 0.462 | 0.489 | 0.223 | 0.759 | 0.373 | 0.567 | 0.351 | 0.532 |
| FV3 | 0.501 | 0.576 | 0.063 | 0.813 | 0.256 | 0.558 | 0.271 | 0.576 |
| FV4 | 0.519 | 0.610 | 0.208 | 0.854 | 0.341 | 0.611 | 0.341 | 0.589 |
| FV5 | 0.515 | 0.612 | 0.286 | 0.823 | 0.353 | 0.600 | 0.397 | 0.524 |
| FV6 | 0.495 | 0.625 | 0.151 | 0.856 | 0.285 | 0.602 | 0.265 | 0.587 |
| FV7 | 0.486 | 0.606 | 0.241 | 0.798 | 0.414 | 0.576 | 0.452 | 0.505 |
| FV8 | 0.422 | 0.458 | 0.106 | 0.706 | 0.308 | 0.457 | 0.315 | 0.428 |
| FV9 | 0.497 | 0.519 | 0.182 | 0.813 | 0.372 | 0.578 | 0.378 | 0.501 |
| FV10 | 0.397 | 0.394 | 0.277 | 0.704 | 0.402 | 0.506 | 0.489 | 0.397 |
| FV10 | 0.397 | 0.394 | 0.277 | 0.704 | 0.402 | 0.506 | 0.489 | 0.397 |
| CV3 | 0.173 | 0.220 | 0.313 | 0.195 | 0.721 | 0.299 | 0.428 | 0.168 |
| CV4 | 0.209 | 0.273 | 0.287 | 0.212 | 0.777 | 0.342 | 0.383 | 0.191 |
| CV5 | 0.518 | 0.491 | 0.311 | 0.480 | 0.876 | 0.544 | 0.430 | 0.440 |
| EV1 | 0.580 | 0.625 | 0.223 | 0.602 | 0.470 | 0.858 | 0.439 | 0.618 |
| EV2 | 0.584 | 0.674 | 0.231 | 0.630 | 0.479 | 0.876 | 0.410 | 0.625 |
| EV3 | 0.599 | 0.697 | 0.249 | 0.652 | 0.459 | 0.899 | 0.430 | 0.652 |
| EV4 | 0.649 | 0.748 | 0.250 | 0.706 | 0.516 | 0.915 | 0.450 | 0.669 |
| EV5 | 0.586 | 0.659 | 0.264 | 0.628 | 0.452 | 0.869 | 0.496 | 0.616 |
| EV6 | 0.572 | 0.590 | 0.226 | 0.564 | 0.467 | 0.863 | 0.543 | 0.584 |
| EV7 | 0.599 | 0.650 | 0.214 | 0.603 | 0.469 | 0.904 | 0.474 | 0.660 |
| EV8 | 0.570 | 0.600 | 0.220 | 0.566 | 0.457 | 0.805 | 0.463 | 0.558 |
| NV1 | 0.201 | 0.250 | 0.471 | 0.292 | 0.429 | 0.297 | 0.776 | 0.180 |
| NV2 | 0.249 | 0.239 | 0.421 | 0.306 | 0.451 | 0.322 | 0.827 | 0.171 |
| NV3 | 0.252 | 0.262 | 0.339 | 0.312 | 0.377 | 0.388 | 0.756 | 0.284 |
| NV4 | 0.299 | 0.316 | 0.342 | 0.375 | 0.409 | 0.447 | 0.819 | 0.297 |
| NV5 | 0.401 | 0.337 | 0.314 | 0.386 | 0.390 | 0.486 | 0.846 | 0.322 |
| NV6 | 0.374 | 0.361 | 0.292 | 0.446 | 0.422 | 0.522 | 0.796 | 0.329 |
| SV2 | 0.420 | 0.474 | 0.172 | 0.494 | 0.337 | 0.586 | 0.323 | 0.750 |
| SV3 | 0.345 | 0.448 | 0.152 | 0.434 | 0.290 | 0.509 | 0.306 | 0.715 |
| SV6 | 0.385 | 0.434 | 0.057 | 0.432 | 0.200 | 0.393 | 0.056 | 0.714 |
| SV7 | 0.368 | 0.433 | 0.026 | 0.496 | 0.302 | 0.457 | 0.168 | 0.732 |
| SV8 | 0.362 | 0.435 | 0.029 | 0.450 | 0.239 | 0.420 | 0.094 | 0.736 |
| SV10 | 0.444 | 0.540 | 0.116 | 0.567 | 0.333 | 0.663 | 0.414 | 0.767 |
| SV11 | 0.426 | 0.487 | 0.110 | 0.494 | 0.304 | 0.621 | 0.348 | 0.758 |
| Construct | a | b | c | d | e | f | g | h |
| a | 0.794 | |||||||
| b | 0.463 | 0.865 | ||||||
| c | 0.539 | 0.752 | 0.874 | |||||
| d | 0.430 | 0.692 | 0.710 | 0.794 | ||||
| e | 0.373 | 0.213 | 0.269 | 0.241 | 0.794 | |||
| f | 0.448 | 0.738 | 0.678 | 0.604 | 0.217 | 0.802 | ||
| g | 0.510 | 0.376 | 0.528 | 0.450 | 0.437 | 0.384 | 0.804 | |
| h | 0.390 | 0.632 | 0.714 | 0.654 | 0.110 | 0.534 | 0.340 | 0.739 |
| Hypothesis | Relationship |
Path Coefficients |
Std. Error | t-value | P Values | Decision |
| H1 | Functional Value -> Intention to purchase EV | 0.086 | 0.074 | 1.163 | 0.245 | Rejected |
| H2 | Symbolic Value -> Intention to purchase EV | -0.017 | 0.073 | 0.231 | 0.817 | Rejected |
| H3 | Emotional Value -> Intention to purchase EV | 0.216 | 0.090 | 2.390** | 0.017 | Supported |
| H4 | Novelty Value -> Intention to purchase EV | 0.019 | 0.056 | 0.331 | 0.741 | Rejected |
| H5 | Conditional Value -> Intention to purchase EV | 0.064 | 0.054 | 1.168 | 0.243 | Rejected |
| H6 | Functional Value -> Consumer attitude toward EV | 0.294 | 0.065 | 4.559* | 0.000 | Supported |
| H7 | Symbolic Value -> Consumer attitude toward EV | 0.098 | 0.056 | 1.748 | 0.081 | Rejected |
| H8 | Emotional Value -> Consumer attitude toward EV | 0.471 | 0.074 | 6.401* | 0.000 | Supported |
| H9 | Novelty Value -> Consumer attitude toward EV | -0.083 | 0.054 | 1.530 | 0.126 | Rejected |
| H10 | Conditional Value -> Consumer attitude toward EV | 0.086 | 0.050 | 1.711 | 0.087 | Rejected |
| H16 | Consumers’ attitude towards EV -> Intention to purchase EV | 0.489 | 0.068 | 7.225* | 0.000 | Supported |
| Hypothesis | Relationship |
Path Coefficients |
Std. Error | t-value | P Values | Decision |
| H11 | Functional Value -> Consumer Attitude -> Intention to Purchase | 0.144 | 0.039 | 3.724* | 0.000 | Mediation effect |
| H12 | Symbolic Value -> Consumer Attitude -> Intention to Purchase | 0.048 | 0.028 | 1.726 | 0.084 | No mediation effect |
| H13 | Emotional Value -> Consumer Attitude -> Intention to Purchase | 0.230 | 0.047 | 4.913* | 0.000 | Mediation effect |
| H14 | Novelty Value -> Consumer Attitude -> Intention to Purchase | -0.040 | 0.027 | 1.474 | 0.141 | No mediation effect |
| H15 | Conditional Value -> Consumer Attitude -> Intention to Purchase | 0.042 | 0.025 | 1.683 | 0.092 | No mediation effect |
| Hypothesis | Relationship |
Path Coefficients |
Std. Error | t-value | P Values | Decision |
| H17 | Moderating Effect (Attitude*Infrastructure Readiness) -> Intention to Purchase | -0.022 | 0.039 | 0.578 | 0.564 | Not Supported |
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