Vehicle product-line strategy under dual-credit and subsidy back-slope policies for conventional/new energy vehicles

Liu, Li; Wang, Zhe; Liu, Yingyan; Zhang, Zaisheng

doi:10.1016/j.cie.2023.109020

Cited by 19 publications

(5 citation statements)

References 26 publications

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“…, e * * , w * * into (7) (10), and we can obtain optimal planned sales volume and profit of NEVs hybrid for vehicle manufacturers. The optimal planned sales volume of NEVs is as follows:…”

Section: 21mentioning

confidence: 99%

“…Additionally, some scholars have studied the impact of the dual credit policy on enterprises from perspectives of production planning and government regulation. [10] construct a pricing model that takes into account different consumer preferences for the production planning issue of manufacturers' entire vehicle product lines under the dual point policy, pointing out that manufacturers are only willing to actively produce NEVs when battery technology reaches a certain threshold. Jin et al (2023) [8] construct an evolutionary game model between local governments and vehicle manufacturers for the issue of how to promote the development of NEVs at a lower regulatory cost after the cancellation of fiscal subsidies.…”

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confidence: 99%

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Research on decision optimization of new energy vehicle supply chain considering demand disruptions under dual credit policy

Wu,

Zhang,

2024

JIMO

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The changes in demand disruptions and credit prices in the new energy vehicle (NEV) market under the dual credit policy pose challenges to the decision optimization of vehicle manufacturers and battery manufacturers in different production modes. To address this issue, based on the characteristics of the dual credit policy, this paper constructs a Stackelberg game model for both a single production mode that only produces NEV and a hybrid production mode that produces both NEVs and internal combustion engine vehicles (ICEVs), and solve for the optimal battery research and development (R&D) levels and pricing decisions of enterprises. On the basis of indepth analysis of the results, we further validate the results using numerical examples. The research results indicate that both demand disruptions and credit prices have a positive correlation with the sales prices of NEVs, battery prices, and battery R&D levels; Interestingly, demand disruptions and credit prices also have a positive correlation with the sales prices of ICEVs in a hybrid production mode; The decisions and profits of enterprises in a single production mode have higher robustness compared to a hybrid production mode; Government departments should actively continue to implement the dual credit policy and increase the credit price, which not only benefits the development of the NEV industry, but also contributes to the global environmental protection cause. 2020 Mathematics Subject Classification. 91A80.

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“…, e * * , w * * into (7) (10), and we can obtain optimal planned sales volume and profit of NEVs hybrid for vehicle manufacturers. The optimal planned sales volume of NEVs is as follows:…”

Section: 21mentioning

confidence: 99%

mentioning

confidence: 99%

Research on decision optimization of new energy vehicle supply chain considering demand disruptions under dual credit policy

Wu,

Zhang,

2024

JIMO

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“…Zhao et al (2022) [9] constructed supply chain models for new energy and traditional vehicles, compared the pricing, demand, and supply chain profit of the two types of vehicles under decentralized and centralized decision-making, and designed a revenue-sharing and ex-factory price negotiation contract mechanism to coordinate the supply chain under certain conditions. [10] considered a monopoly automaker under dual-credit and subsidy backslope policies to explore the automaker's optimal product-line strategies by constructing a stylized pricing model that considers heterogeneous consumption preferences. In addition, Heydari et al (2021) [11] contribute to the literature by providing an analytical approach to examine the channel coordination and pricing issues in a green supply chain under consumers' environmental awareness when considering the product's green quality.…”

Section: Literature Reviewmentioning

confidence: 99%

Competition between New Energy and Fuel Vehicles with Behavior-Based Pricing Strategies When Considering Environmental Concerns and Green Innovation

Chen,

2024

Sustainability

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Environmental sustainability is an important issue in supply chain management (SCM). New energy vehicles (NEVs) have significant environmental value when compared to traditional fuel vehicles (FVs). Currently, there is intense competition between fuel and new energy vehicles, owing to differentiated pricing strategies. This paper focuses on behavior-based pricing (BBP) strategies between energy vehicles and fuel vehicles in a two-echelon supply chain wherein consumers are environmentally conscious. A two-period game-theoretic model is built to examine the effect of consumers’ environmental concerns on competition between fuel and energy vehicles, behavior-based pricing strategies, supply chain efficiency, and social welfare. The analytical results indicate that consumers’ environmental concerns facilitate the market share competition by new energy vehicle firms in the second period. If consumers care more about the environment, supply chain efficiency is improved in cases of retail as well as wholesale-and-retail behavior-based pricing strategies. Wholesale-and-retail behavior-based pricing strategies benefit all members of the supply chain, but this is not the case for retail behavior-based pricing strategies. If consumers are sufficiently concerned about the environment and new energy vehicle firms are more efficient, a win–win–win scenario for firms, consumers, and social welfare occurs in the two behavior-based pricing strategies. Counterintuitively, green innovation improves new energy vehicle, fuel vehicle as well as overall supply chain efficiency, in three cases.

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“…Secondly, scholars have paid attention to coping strategies for policy implementation. Haonan He (2022) uses dynamic programming to study the optimal timing for automakers to invest in electrification under this policy [20]; Li Liu (2023) explores how manufacturers plan traditional vehicle product lines, new energy vehicle product lines, and hybrid product lines under this policy [21]; JiziLi (2022) studies the best strategies for automakers to obtain points [22]; Hui Yu (2023) uses multi-agent simulation to simulate the optimal innovation strategies of traditional automakers and new energy automakers under this policy [4], etc. This paper focuses on the first aspect of the policy's dynamic impact on the R&D level of the automotive industry chain.…”

Section: The Dual-credit Policymentioning

confidence: 99%

Dynamic Complexity Analysis of R&D Levels in the Automotive Industry under the Dual-Credit Policy

He,

Feng,

2023

Sustainability

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The dual-credit policy, as an important emerging policy in the Chinese automotive industry intended to achieve energy savings, emissions reductions, and promote the development of new energy vehicles (NEVs), has attracted considerable attention from scholars. This study investigates how this policy affects the research and development (R&D) levels of both component suppliers and vehicle manufacturers in the automotive supply chain. Assuming the bounded rationality of the participants, we construct a complex dynamic evolutionary model under Stackelberg games to explore the impact of the policy on the dynamic game behavior and equilibrium stability of R&D levels. Furthermore, we examine the influences of various parameters on the R&D level complex system. The findings reveal that the disparity in the proportion of NEVs in the policy should not be too large; otherwise, bifurcation and chaos may occur in the R&D level game system. Moreover, higher supplier research efficiency contributes to the stability of R&D levels, while the higher credit trading price is not suitable for stable R&D levels. This paper theoretically reveals the dynamic impact of the dual-credit policy on the R&D levels in the automotive supply chain, bridging the gap between previous studies assuming decision-makers as fully rational and the reality of bounded rationality. It also provides managerial recommendations for the implementation details of this policy.

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Vehicle product-line strategy under dual-credit and subsidy back-slope policies for conventional/new energy vehicles

Cited by 19 publications

References 26 publications

Research on decision optimization of new energy vehicle supply chain considering demand disruptions under dual credit policy

Research on decision optimization of new energy vehicle supply chain considering demand disruptions under dual credit policy

Competition between New Energy and Fuel Vehicles with Behavior-Based Pricing Strategies When Considering Environmental Concerns and Green Innovation

Dynamic Complexity Analysis of R&D Levels in the Automotive Industry under the Dual-Credit Policy

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