Research Article

Accounting for BEV Users’ Risk Attitudes and Charging Inertia in En Route Charging Choice Behavior

Table 3

Structural and measurement equation results.

Structural equationValueT-test

Latent variable 1: risk attitudes
 Constant0.7695.5
 Age (more than 30 years old = 1, otherwise = 0)0.1171.65
 Battery range (more than 300 km = 1, otherwise = 0)−0.128−1.74
 Charging frequency (often charge or above = 1, otherwise = 0)1.0910.2
 Driving experience (more than 18 months = 1, otherwise = 0)0.06460.924
 Driving frequency (everyday = 1, otherwise = 0)−0.000869−0.0109
 DVKT (more than 50 km = 1, otherwise = 0)0.04380.653
 Education (master or above = 1, otherwise = 0)0.1652.01
 Gender (female = 1, otherwise = 0)0.01840.271
 Income (more than 10,000 RMB, otherwise = 0)0.413.79
Latent variable 2: charging inertia
 Constant0.3043.48
 Age (more than 30 years old = 1, otherwise = 0)−0.178−3.93
 Battery range (more than 300 km = 1, otherwise = 0)−0.365−7.53
 Charging frequency (usually charge = 1, otherwise = 0)0.3944.97
 Driving experience (more than 18 months = 1, otherwise = 0)0.1082.52
 Driving frequency (everyday = 1, otherwise = 0)−0.00529−0.108
 DVKT (more than 50 km = 1, otherwise = 0)0.1092.6
 Education (master or above = 1, otherwise = 0)−0.178−3.47
 Gender (female = 1, otherwise = 0)0.02030.489
 Income (more than 10,000 RMB, otherwise = 0)−0.109−1.63

Measurement equationIntercept ()Factor loading ()

Latent variable 1: risk attitudes
 (R1) I will not drive an EV for a long trip when the distance exceeds the total battery range0 (fixed)1 (fixed)
 (R2) If the remaining battery is lower than expected, I will look for chargers instead of changing travel strategy to save energy−0.00862 (−0.151)0.352 (6.41)
 (R3) I don’t like to make risky decisions, even though the decision may bring greater benefits0.0869 (1.77)0.452 (7.96)
Latent variable 2: charging inertia
 (C1) I will charge as soon as I return home0 (fixed)1 (fixed)
 (C2) I will charge when I approach a commonly used charging station−0.411 (−11.7)0.61 (14)
 (C3) I will charge when daily trip is over−0.177 (−3.25)1.64 (14.1)

Significance at 1% level; significance at 5% level; significance at 10% level. The intercept and factor loading of R1 and C1 are preset in advance. Risk attitudes (+), risk averse; risk attitudes (−), risk seeking.