Impact of legitimacy, innovation and economic uncertainty on the purchase of electric vehicles in the EU

Abstract

The aim of this study is to analyse the interaction between legitimacy, innovation, uncertainty and purchase intention of electric vehicles (EVs) in Germany, Greece, Spain, France, Croatia, Ireland and Italy during the period 2016–2023. The partial least squares structural equation modelling (PLS-SEM) technique is used. Thee main results indicate that legitimacy has a significant and positive impact on purchase intention, while innovation affects legitimacy but not directly on purchase intention. Uncertainty moderates these relationships in complex ways. The findings suggest that strengthening the perception of legitimacy is crucial to increasing EV purchase intention. Furthermore, strategies that promote innovation and manage uncertainty can improve market acceptance in these countries.

Author Biographies

Alberto-Tomás Delso-Vicente

PhD. student at the Rey Juan Carlos University. Professor at the Faculty of Economics and Business Studies. Rey Juan Carlos University. E-mail: Alberto.delso@urjc.es ORCID: https://orcid.org/0009-0000-6410-1132

Luis Diaz-Marcos

Professor in the business area and Managing Director of Nebrija University. E-mail: ldiazmarcos@nebrija.es ORCID: https://orcid.org/0009-0007-6580-0382

Óscar Aguado-Tevar

Professor in the business area and Director of Nebrija University. E-mail: oaguado@nebrija.es ORCID: https://orcid.org/0009-0001-9245-3167

Margarita Almonacid-Durán

Professor at the Rey Juan Carlos University. E-mail: margarita.almonacid@urjc.es ORCID: https://orcid.org/0000-0002-4299-6921

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Published
2025-04-03
How to Cite
Delso-Vicente, A.-T., Diaz-Marcos, L., Aguado-Tevar, Óscar, & Almonacid-Durán, M. (2025). Impact of legitimacy, innovation and economic uncertainty on the purchase of electric vehicles in the EU. Revista Venezolana De Gerencia, 30(110), 789-811. Retrieved from https://mail.produccioncientificaluz.org/index.php/rvg/article/view/43709
Section
EN LA MIRA: sistemas económicos-financieros

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