The Notice on Adjusting the Financial Subsidy Policy for the Promotion and
AI Customer ServiceThis vigorous development of the new energy vehicle industry has generated many end-of-life power batteries that cannot be recycled and reused, which has brought
AI Customer ServiceThe rapid development of the new energy vehicle industry is an essential part of reducing CO2 emissions in the transportation sector and achieving carbon peaking and carbon
AI Customer ServiceTo encourage battery manufacturers to invest in innovative technology development, the government adopts different subsidy methods: 1) subsidizing innovation and
AI Customer ServiceThe present study enhances the previously proposed carbon quota
AI Customer ServiceWith the phasing down of subsidies, China has launched the new energy vehicle (NEV) credit regulation to continuously promote the penetration of electric vehicles. The two policies will
AI Customer ServiceAs one of the seven major industries of the "new infrastructure", the charging infrastructure (CI) industry not only supports the upgrade of the new energy vehicle industry
AI Customer ServiceThe Chinese government views the development of new energy vehicles (NEVs) as a key measure to achieve sustainable development. In 2020, the government proposed the
AI Customer ServiceWith the advancement of new energy vehicles, power battery recycling has gained prominence. We examine a power battery closed-loop supply chain, taking subsidy
AI Customer ServiceAs one of the seven major industries of the "new infrastructure", the charging
AI Customer ServiceThis vigorous development of the new energy vehicle industry has generated many end-of-life power batteries that cannot be recycled and reused, which has brought serious consequences for...
AI Customer ServiceThe Notice on Adjusting the Financial Subsidy Policy for the Promotion and Application of New Energy Vehicles, published at the end of 2016, once again proposed that,
AI Customer ServiceThe Chinese government views the development of new energy vehicles
AI Customer ServiceThere are 4 NEVs industrial development phases based on dynamically varied subsidy in China. Phase 1 (2001–2010): initial research and development for pure electric
AI Customer ServiceTo encourage battery manufacturers to invest in innovative technology
AI Customer ServicePolicy options for China''s new energy vehicle industry in the post-subsidy era. Author links open overlay panel Yushen Du a b, Zulong Guo a b, Hongli Bao a b c. Abstract.
AI Customer ServicePolicy guidance and planning has played a vital role to the growth of new energy vehicle industry. Lithium ion rechargeable battery: Development stage: Metal hydride nickel
AI Customer ServiceThis manuscript touched upon the stakeholder aspect of end-of-life treatment
AI Customer ServiceAbstract: The rapid development of the new energy vehicle industry is an essential part of reducing CO 2 emissions in the transportation sector and achieving carbon peaking and
AI Customer ServiceThis manuscript touched upon the stakeholder aspect of end-of-life treatment of electric-vehicle power batteries and provided a timely simulation of pertinent governmental
AI Customer ServiceAbstract: The rapid development of the new energy vehicle industry is an essential part of reducing The government plays an essential role in the sustainable
AI Customer ServiceThis work develops the first analytical model to study two power battery subsidies and investigate the optimal collecting strategies and subsidy preferences and derives several
AI Customer ServiceElectric car sales neared 14 million in 2023, 95% of which were in China, Europe and the United States. Almost 14 million new electric cars1 were registered globally in 2023, bringing their
AI Customer ServiceThe numerical results indicate: (1) the optimal battery recycling rate locates in a closed interval from 0 to 1 given an exogenous or an endogenous government subsidy, and it
AI Customer ServiceThe development of the battery industry is crucial to the development of the whole NEV industry, and many countries have listed battery technologies as key targets for
AI Customer ServiceThe present study enhances the previously proposed carbon quota mechanisms in the automotive industry (Du et al., 2023; LI et al., 2021) while also designing a subsidy
AI Customer Service(1) Government subsidies can encourage him to adopt the encroachment strategy (win–win), but the government also needs to set a reasonable subsidy level, which should not be too high. (2) If the power battery recycling market is in its infancy and the recycling market scale is small, the government will subsidize her.
It is difficult for recyclers and consumers to cooperate proactively in recycling end-of-life power batteries. Thus, it is found that government subsidies to recycling companies and consumers can maximize social welfare at the lowest government cost.
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).
Overall, as this is an emerging industry, the government’s focus varied in different periods, with the initial focus being on R&D and the production of the power battery industry to promote its development.
If the power battery recycling market is in a mature stage, the recycling market scale is large, and the government’s financial pressure increases, then the government can cancel subsidies because his channel encroachment strategy can also ensure environmental and social welfare.
As the popularity of NEVs grows, the strength of the battery recycling subsidy policy should be enhanced to deal with the increase in the number of used batteries. Strengthen the supervision and subsidy standards in the battery recycling process to ensure high efficiency and transparency.
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