Global Organization
This strategy boosts technological innovation in the new energy vehicle industry by motivating manufacturers to increase production (Ma et al., 2023). The dual-credit policy uses Corporate Average Fuel Consumption Credits (CAFCCs) to regulate traditional vehicle manufacturers, promoting carbon emission reduction.
Power batteries are the core of new energy vehicles, especially pure electric vehicles. Owing to the rapid development of the new energy vehicle industry in recent years, the power battery industry has also grown at a fast pace (Andwari et al., 2017).
Under the dual credit policy, the NEVCs income resulting from technological innovation belongs entirely to the EV manufacturer. Thus, the incentive from the dual credit policy indirectly affects the battery supplier, which explains the variation in the level of battery technology innovation across the three policy scenarios.
The new energy vehicle industry policy, from 2004 to 2020, is divided into four categories. The dual-credit policy is introduced in the growth stage of the new energy vehicles and has the role of promotion and technical standards.
The dual-credit policy advances the process of vehicle electrification; however, few studies have reviewed the policy preferences and development trends of the Chinese new energy vehicle industrial policy at different stages from the development angle of the dual-credit policy.
After 2020, driven by the carbon peaking and carbon neutrality goals, the opening of the right-of-way for new energy commercial vehicles, and the rise of the electricity exchange model, the growth rate of new energy commercial vehicles will continue to rise.
Firstly, this article uses the development of the dual-credit policy as a clue to analyze the evolution route of the new energy automobile industry policy from the two …
Recycling and cascade utilization of waste power batteries for new energy vehicles is an effective measure to manage carbon emissions in the power battery industry …
Replacement of new energy vehicles (NEVs) i.e., electric vehicles (EVs) and …
industry can help China achieve the goal of "dual carbon" energy conservation and emission reduction as soon as possible. The "dual carbon" target brings a new profit model for …
DOI: 10.1016/j.apenergy.2022.120524 Corpus ID: 255173192; Impact of dual credit policy on new energy vehicles technology innovation with information asymmetry …
Replacement of new energy vehicles (NEVs) i.e., electric vehicles (EVs) and renewable energy sources by traditional vehicles i.e., fuel vehicles (FVs) and fossil fuels in …
This strategy boosts technological innovation in the new energy vehicle …
Sustainability 2023, 15, 7725 2 of 11 world have taken the promotion of NEVs as a national strategy for the development of low-carbon transportation [5–7]. The history of NEVs dates …
Battery energy storage facilitates the integration of solar PV and wind while also providing essential services including grid stability, congestion management and capacity adequacy. …
This strategy boosts technological innovation in the new energy vehicle industry by motivating manufacturers to increase production (Ma et al., 2023). The dual-credit policy …
As the dual carbon goals have unleashed the market demand for new energy vehicles and electric energy storage technology, the next five to ten years will be a critical period for the …
This paper investigates the issue of the impacts of subsidy policy and dual credit policy on new energy vehicle and fuel vehicle production decision considering battery …
Battery energy storage facilitates the integration of solar PV and wind while also providing …
To conduct policy characteristics analysis, we analysed 188 policy texts on …
Considering the supply chain composed of a power battery supplier and a …
In an effort to tackle climate change, the "Dual Carbon" target raised by the Chinese government aims to reach peak carbon dioxide emissions by 2030 and to achieve …
Testing the implementation effect of the dual credit policy as a market-incentive environmental regulation promoting high-quality development of China''s new energy vehicle …
After 2020, driven by the carbon peaking and carbon neutrality goals, the …
DOI: 10.1016/j.jclepro.2022.130852 Corpus ID: 246923734; Optimal channel strategy for obtaining new energy vehicle credits under dual credit policy: Purchase, self-produce, or both?
The Dual Credit Policy is an important policy to promote the development of new energy vehicles unique to China. There is a lack of research that intuitively reflects the impact of the Dual Credit Policy on industrial …
To conduct policy characteristics analysis, we analysed 188 policy texts on China''s power battery industry issued on a national level from 1999 to 2020. We adopted a …
industry can help China achieve the goal of "dual carbon" energy conservation and emission …
After 2020, driven by the carbon peaking and carbon neutrality goals, the opening of the right-of-way for new energy commercial vehicles, and the rise of the electricity exchange …