The impact of dual-credit scheme on the development of the new energy vehicle industry

Li, Yaoming; Zhang, Qi; Li, Hailong; Tang, Yiming; Liu, Boyu

doi:10.1016/j.egypro.2019.01.792

Cited by 22 publications

(11 citation statements)

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“…Specifically, the capitalization ratio increased by 8.4%, while the R&D staff ratio decreased by 0.54%. It indicates that under the dual-credit policy, PV makers need to have the independent production capacity of NEVs in order to meet the requirements of the mandatory proportion rule of NEV + so as to ensure that they can produce NEV + and avoid punishment or reduce the cost of purchasing credits (Li, et al, 2019b). As a result, the adjustment of PV makers' R&D structure is biased toward capital, and the growth level is even much higher than that of the R&D intensity (1.31%) in the short term.…”

Section: Empirical Analysis Did Resultsmentioning

confidence: 99%

Phased Impacts of China’s Dual-Credit Policy on R&D

Xiong

2021

Front. Energy Res.

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As a sustainability policy in emerging markets, the dual-credit policy was implemented in China to promote automakers expanding investment in research and development, and ultimately achieve the energy-saving and emission-reduction goals of the auto industry. We regard the dual-credit policy as a quasi-natural experiment, use the difference-in-difference model to divide Chinese automakers into an experimental group (the passenger vehicle group) and a control group (the commercial vehicle group), and analyze the impacts of the dual-credit policy in the brewing period (2014–2016) and the implementation period on the scale, intensity, and structure of research and development investment. We found that the dual-credit policy has significantly promoted the research and development investment of automakers, and the heterogeneity of automakers has a moderating effect on the policy effects. In addition, we also found that there are certain differences in the significance and stability of the effects of the dual-credit policy during the brewing period and the implementation period. Finally, we presented some management insights into the response to the dual-credit policy.

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Section: Empirical Analysis Did Resultsmentioning

confidence: 99%

Phased Impacts of China’s Dual-Credit Policy on R&D

Xiong

2021

Front. Energy Res.

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“…It also makes travel experiences smooth and allows the entire system to work better, improving quality of life for all. Green transportation pertains to low-pollution vehicles such as dual-energy vehicles (Li et al, 2019), natural gas vehicles (Sun & Ertz, 2022), electric vehicles (Bilgen & Sarikaya, 2018) and solar energy vehicles (Selvakkumaran & Ahlgren, 2020), but also involves various transportation modes, including walking, bicycle, regular public transportation and rail transportation (Li, 2016). Li (2016) believed that this new concept should become a goal in practice, specifically referring to convenient, safe, efficient, low-pollution, humanized and diverse urban transportation, which is coordinated with ecological environment and urban development.…”

Section: Smart Mobilitymentioning

confidence: 99%

Malaysia smart tourism framework: Is smart mobility relevant?

2022

KJSS

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Tourism contributes significantly to Malaysia's economic stability and has positioned it as one of the most visited tourist destinations in the ASEAN region. The rapid progress in the development of digitalization, communication technologies (ICT) with advancement of applications and devices demand a new tourism horizon -Smart Tourism. To date, tourist mobility in Malaysia tourism destinations is still limited in terms of intelligent transportation system, and the real-time data are less integrated, efficient, reliable and sustainable. A comprehensive smart tourism framework has yet to be introduced to deliver this vision. This study aimed to explore smart mobility as one of the characteristics in constructing a Malaysia Smart Tourism Framework (MSTF). 20 prominent tourism experts among academician, government directors and tourism business operators were chosen for a structured interview. The majority of respondents believed that smart mobility with a seamless and efficient connectivity and transportation need to be embedded in the new MSTF. An intelligent mobility system needs to be computed by all tourism suppliers and authorities in ensuring the tourists' demands are fulfilled with a smart sustainable optimization of local resources.

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“…Some existing studies consider the interaction between different agents in the analysis of NEV diffusion. Li et al considered the interactions of the government, manufacturers, and consumers using a complex network evolutionary game model and investigated the dynamic impacts of different incentive policies on NEV diffusion [22]. Similarly, Hu et al introduced the strategic learning behaviors between manufacturers and established a small world network evolutionary game model to explore the diffusion rules of NEV under different policies [23].…”

Section: Research On Interactive Relationship Among Multiple Agentsmentioning

confidence: 99%

Promoting the Diffusion of New Energy Vehicles under Dual Credit Policy: Asymmetric Competition and Cooperation in Complex Network

Jiang

Jiao

2022

Energies

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This study aims to investigate the impact of dual credit policy on the diffusion of new energy vehicles (NEVs) from the perspective of complex interactions among heterogeneous manufacturers. Thus, the market competition and credit cooperation relationships, constituting the complex interrelated system in NEV diffusion, are considered in this paper. To this end, we established a double-layer complex network to depict the asymmetric competition and cooperation structure, and developed an evolution game model on network, revealing the diffusion rule and trend of NEVs among manufacturers. Simulation results show that the existence of credit cooperation relationship can effectively improve the diffusion of NEVs, especially when implementing cooperative strategy that prioritizes helping manufacturers with low sale profits. Such a cooperative strategy is effective for maintaining high diffusion of NEVs even under low NEV credit’s trading price. Meanwhile, the monopoly competitive structure characterized by scale free is harmful to NEV diffusion. However, credit cooperation can eliminate the by-effect of monopoly structure greatly by adopting the strategy of distributing by sale profits. In addition, manufacturers are advised to learn from their competitors during the evolutionary process, which should be the focus of manufacturers to maximize the NEV diffusion under small world competitive structure.

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The impact of dual-credit scheme on the development of the new energy vehicle industry

Cited by 22 publications

References 0 publications

Phased Impacts of China’s Dual-Credit Policy on R&D

Phased Impacts of China’s Dual-Credit Policy on R&D

Malaysia smart tourism framework: Is smart mobility relevant?

Promoting the Diffusion of New Energy Vehicles under Dual Credit Policy: Asymmetric Competition and Cooperation in Complex Network

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