scholarly journals How to Choose the Refueling of New Energy Vehicles under Swapping Vs. Charging Mode: From the Consumers’ Perspective

2021 ◽  
Author(s):  
Jizi Li ◽  
Doudou Wu ◽  
Chunling Liu
Keyword(s):  
Purchase Intention ◽  
Ease Of Use ◽  
Extended Warranty ◽  
New Energy ◽  
Charging Mode ◽  
The Government ◽  
New Energy Vehicle ◽  
Warranty Service ◽  
The Impact ◽  
New Energy Vehicles

Abstract Background: Battery charging mode is a prevalent method of transshipping power to new energy vehicles. Unfortunately, due to the limited capacity of batteries, typical new energy vehicles can only travel for approximate 350 miles on a single charge and require hours to be recharged. Battery swapping mode, as a novel alternative, can offer ideal solutions by depleted batteries being exchanged for recharged ones at swapping stations in the middle of long trips, thus will inevitably influence potential consumers’ purchase behaviors accordingly.Methods: To examine the impact of swapping mode and charging mode on consumers’ purchase intention, this paper examines a duopolistic market consisting of two new energy vehicle makers (i.e., new energy vehicle maker with swapping mode and one with charging mode), who adopting swapping mode and charging mode to service consumers, respectively. Considering swapping mode characterized with low initial investment and ease of use for consumers, the new energy vehicle makers with charging mode, capitalize on battery extended warranty service in response to rivals’ utilization of swapping mode, thereby non-cooperative game models are formulated, in which government subsidies are taken into account, both the optimal production decision for the new energy vehicle maker with swapping mode maker and one with charging mode are analyzed under three scenarios: without extended warranty service, with extended warranty service, and with extended warranty service and subsidy.Results: The results show that two makers’ market dominance relies on the ratio of the swapping station’s convenience to the extended warranty service and the valuation incremental rate. Additionally, we also find that the government subsidy can dramatically improve the performance of the new energy vehicle maker with swapping mode at the initial stage, but if the subsidy is insufficient size at the sequent stage, this will lead to policy failure and inefficiency in propelling the diffusion of swapping mode.Conclusions: The emerging swapping mode technology is a promising innovative one in boosting new energy vehicle diffusion, which will supplement to charging mode, thus reduce climate change dramatically

scholarly journals The behavior of consumer buying new energy vehicles based on stochastic evolutionary game

Filomat ◽  
2016 ◽  
Vol 30 (15) ◽  
pp. 3987-3997 ◽  
Author(s):  
Xin Guan ◽  
Guoxing Zhang ◽  
Diyi Liu ◽  
Xu Tan ◽  
Dong Wu
Keyword(s):  
External Disturbance ◽  
Evolutionary Game ◽  
Evolutionary Stability ◽  
Government Support ◽  
New Energy ◽  
The Government ◽  
New Energy Vehicle ◽  
The Impact ◽  
Support Cost ◽  
New Energy Vehicles

China?s current vehicle emissions caused by air pollution problems have become increasingly prominent. How to improve new energy vehicle market share, and effectively guide the consumer buying behavior become a problem, which the government and social have to be solved. In this paper, according to establish the stochastic evolutionary game model between the government and consumers in the car market, introducing of random factors analysis on the impact of evolutionary stability ,will obtain the stable strategy of government and automotive consumers. And on the basis of it, we study the government support, cost of vehicles, the use of cost, the utility of automobile use for the ways of evolutionary stability, with case further illustrates the external disturbance factors on consumer purchase of new energy vehicles in evolutionary game process stability. Studies show that: the increasing government subsidy policy, the reducing life cycle costs of new energy vehicles and the improving effectiveness of new energy vehicles will lead the model?s evolution to the orientation of consumer purchasing new energy vehicles.

scholarly journals The impact of the reduction of consumption subsidies on the industrial chain of new energy vehicles

2021 ◽  
Vol 235 ◽  
pp. 01002
Author(s):  
Xiaohua Mao
Keyword(s):  
Chinese Government ◽  
Industry Chain ◽  
Industrial Chain ◽  
New Energy ◽  
New Energy Vehicle ◽  
Using Data ◽  
The Impact ◽  
D Investment ◽  
Vehicle Market ◽  
New Energy Vehicles

In recent years, in order to promote the independent development of the new energy vehicle industry, Chinese government has decided to reduce the consumption subsidies for new energy vehicles until the subsidies are completely withdrawn. The reduction of consumption subsidy has a great impact on the production and sales of new energy vehicles in the whole vehicle market. However, does the reduction of this subsidy also have an impact on other enterprises in the new energy vehicles industry chain? This paper tests this problem using data from 2016 to 2018, and finds, through empirical analysis, that during the period of subsidy decline, the profitability of component enterprises is significantly positively correlated with this subsidies, while the r&d investment of enterprises is significantly negatively correlated with this subsidies. The results show that in terms of profitability, the reduction of consumer subsidies not only has an impact on the whole vehicle industry of new energy vehicles, but also has an adverse impact on the core component companies in the industrial chain. However, in terms of r&d, the reduction of subsidies has more negatively strengthened the input and attention of R&D in component companies.

The Analysis of the Current Situation and Countermeasures of New Energy Vehicles

2014 ◽  
Vol 686 ◽  
pp. 639-642
Author(s):  
Wei Li ◽  
Ming Yuan Ma
Keyword(s):  
Social Capital ◽  
Management Mechanism ◽  
Pollution Problem ◽  
The Social ◽  
New Energy ◽  
Environmental Pollution Problem ◽  
The Government ◽  
New Energy Vehicle ◽  
Battery Technology ◽  
New Energy Vehicles

With pm2.5 and environmental pollution problem of urban smog, energy conservation and environmental protection has become an important subject in the current car development, so the new energy vehicles get more and more favor from the government and enterprises. But the new energy vehicles’ market share in our country is still small and the technology is not mature. This paper summarizes the experience and lessons in the development of new energy vehicles at home and abroad, and then based on which analyses the reasons that restrict the development of the new energy vehicles, finally puts forward the countermeasures of new energy vehicles development from the government's macro policy, battery technology, management mechanism, public participation and so on. In addition, it also puts forward a new opinion that encourages and guides the social capital to participate in the operation of the new energy vehicle infrastructure construction and operation, then provides a model for our country’s new energy vehicles future development.

scholarly journals Characteristics Numerical Research on Power Battery Impact Strength of New Energy Vehicle

2019 ◽  
Vol 16 (08) ◽  
pp. 1950042
Author(s):  
Zhuhai Tao ◽  
Yang Jialin ◽  
Zhang Xianglei ◽  
Zhang Bing
Keyword(s):  
Impact Strength ◽  
Crash Test ◽  
Test Conditions ◽  
Power Battery ◽  
Average Impact ◽  
New Energy ◽  
Strength Curve ◽  
New Energy Vehicle ◽  
The Impact ◽  
New Energy Vehicles

Based on the crash test of new energy vehicles, the mechanical response data of power batteries during the collision process were collected, and the average impact strength curve of power batteries of typical new energy vehicles in China was obtained. The average impact strength curve was mathematically processed to obtain the impact strength characteristic value and tolerance by using the equivalent trapezoidal wave and the least square method, thereby determining the test conditions of the dynamic strength of the domestic new energy vehicle power battery. The differences are analyzed by comparing with ISO 12405-3 test conditions, which provides an important reference for the revision of power battery test standards in the future.

Forecast on China's New Energy Vehicle Market Demand

2014 ◽  
Vol 496-500 ◽  
pp. 2822-2826 ◽  
Author(s):  
Jian Shi ◽  
Bin Liu ◽  
Yong He Huang ◽  
Hua Liang Hou
Keyword(s):  
Market Share ◽  
Rapid Development ◽  
Developed Countries ◽  
Market Demand ◽  
Financial Policies ◽  
The Us ◽  
New Energy ◽  
The Government ◽  
New Energy Vehicle ◽  
New Energy Vehicles

With the rapid development of new energy vehicle in China, the volume has been the hot topic in the fields of automotive industry. A series of subsidy and financial policies has been released by the government. Peoples in this industry care about the effective of the policies especially the new energy vehicles volume and market share in China. In this paper, we analysis the development experience of developed countries such as the US and Japan, and calculate the new energy vehicles volume and market share in China from 2015 to 2020 by model. Its more effective to the government department to draw a plan of new energy vehicle development blue print.

scholarly journals Value perception impact and countermeasures analysis of new energy vehicle purchase behavior based on consumer level user review big data mining

2021 ◽  
Vol 336 ◽  
pp. 09030
Author(s):  
Yihang Lv ◽  
Qin Liu
Keyword(s):  
Word Of Mouth ◽  
Purchase Behavior ◽  
Personal Factors ◽  
Individual Level ◽  
New Energy ◽  
Personal Level ◽  
The Government ◽  
Vehicle Purchase ◽  
New Energy Vehicle ◽  
New Energy Vehicles

The development of new energy vehicles is inseparable from the drive of consumers. Therefore, to explore the influencing factors of purchase behavior from the consumer's personal level is helpful for businesses to adopt corresponding sales strategies and the government to adopt relevant policies. Based on the individual level of consumers, this paper constructs a new energy vehicle purchase behavior prediction model from the review text, and explores the predictive effect of consumer personal factors on the purchase behavior of new energy vehicles. First of all, this paper proposes a quantitative method of consumer individual level factors, which combines word-of-mouth reviews with statistics. In this method, word2vec is used to train word vectors in word-of-mouth corpus to mine initial keywords, and core keywords are selected through statistical correlation analysis. Secondly, based on the core keywords of consumers' personal level, the gbdt model is constructed to predict the purchase behavior of new energy vehicles. The results show that the probability of correctly predicting consumers' purchase behavior is more than 72%.

scholarly journals The Impact of Purchase Subsidy on Enterprises’ R&D Efforts: Evidence from China’s New Energy Vehicle Industry

2020 ◽  
Vol 12 (3) ◽  
pp. 1105 ◽  
Author(s):  
Cailou Jiang ◽  
Ying Zhang ◽  
Qun Zhao ◽  
Chong Wu
Keyword(s):  
Positive Impact ◽  
Government Procurement ◽  
Policy Implications ◽  
Difference In Differences ◽  
Subsidy Rate ◽  
Multi Stage ◽  
New Energy ◽  
New Energy Vehicle ◽  
The Impact ◽  
New Energy Vehicles

Purchase subsidy has been adopted to accelerate the diffusion of New Energy Vehicles (NEVs) in China. With a Multi-stage Difference-in-Differences (DID) method, this research investigates the impact of purchase subsidy on Research and Development (R&D) efforts of NEV enterprises. The results indicate that purchase subsidy for NEVs has a positive and significant impact on R&D efforts of NEV enterprises. The impact increases when the purchase subsidy rate decreases. When considering the influences of government procurement and exemption on purchase tax, the positive impact of purchase subsidy still remains significant. The policy implications are that the purchase subsidy rate should be reduced, and stricter technological requirements should be set to couple with the purchase subsidy.

scholarly journals Consumers’ Purchase Intention of New Energy Vehicles: Do Product-Life-Cycle Policy Portfolios Matter?

2020 ◽  
Vol 12 (5) ◽  
pp. 1711
Author(s):  
Jizi Li ◽  
Yuping Zhou ◽  
Dengke Yu ◽  
Chunling Liu
Keyword(s):  
Life Cycle ◽  
Purchase Intention ◽  
Product Life Cycle ◽  
Perceived Usefulness ◽  
Product Life ◽  
Production Policy ◽  
Financial Benefits ◽  
New Energy ◽  
The Impact ◽  
New Energy Vehicles

New energy vehicles have been recognized as a sustainable alternative to lower gasoline consumption and emissions in the transportation sector. To alleviate environmental pressure, a spectrum of government policies has been introduced to inspire the production and penetration of new energy vehicles (NEVs). Meanwhile, some of the incentive policies are facing renewals and modifications to meet consumers’ demand of purchase and the present growth of the NEV industry. This means that the understanding of what the current and upcoming policies are, how to formulate policy portfolios, and consumers’ purchasing NEV behavior in a response to these policies and its adjustment are of practical and academic importance for the NEV sector. Different from prior research which analyzed the role of government policy as a whole, we here separately examined the impact of policy portfolios (i.e., production policy, purchase/usage policy and recycle policy) on NEV adoption from the product life cycle perspective. The hypotheses were empirically tested by analyzing data collected from 299 respondents in China. The results showed that production policy has a significantly positive impact on financial benefits, esteem needs and infrastructure, whereas it insignificantly influences NEV performance; similarly, purchase/usage policy positively affects esteem needs and infrastructure, yet its effect on financial benefits is found to be insignificant; meanwhile, recycle policy has a significantly positive effect on financial benefits, and esteem needs as well as NEV performance. Furthermore, financial benefits, esteem needs, NEV performance and infrastructure are found to significantly and positively impact on consumers’ purchase intention. Parallel to this, we observed perceived usefulness and perceived ease of use play partially mediating relations between policy portfolios and consumers’ adoption intent. Hints for decision-makers and avenues for future study are discussed in this research.

scholarly journals Economic Cost Analysis of New Energy Vehicle Policy -Empirical Research Based on Beijing’s Data

2019 ◽  
Vol 12 (4) ◽  
pp. 153
Author(s):  
Xuenan Ju ◽  
Baowen Sun ◽  
Jieying Jin
Keyword(s):  
Energy Consumption ◽  
Motor Vehicle ◽  
Municipal Government ◽  
Economic Cost ◽  
Vehicle Exhaust ◽  
New Energy ◽  
Implementation Period ◽  
New Energy Vehicle ◽  
The Impact ◽  
New Energy Vehicles

In recent years, in order to improve Beijing's air quality and reduce vehicle emissions, the Beijing Municipal Government promotes the popularization of new energy vehicles through purchase subsidies, plate lottery, and driving restriction policy. However, the increase in the number of new energy vehicles and the increase in the number of vehicles travelling on roads have intensified the traffic pressure in Beijing. Traffic congestion has increased the emissions of motor vehicle exhaust in turn, resulting in higher socio-economic costs. Based on the actual data of Beijing, this paper quantitatively analyzes the economic cost of new energy vehicle policies by discussing the impact of current new energy vehicle policies on time, energy consumption and tail gas cost. Empirical results show that during the implementation period of the new energy vehicle policy, time cost and tail gas cost increase, energy consumption cost decreases, and the overall economic cost of the policy implementation period increases from 50 million yuan to 321 million yuan.

scholarly journals Research on the Technical Development Trend of New Energy Vehicles in the Future

2020 ◽  
Vol 9 (2) ◽  
pp. 31
Author(s):  
Wenrong Qu
Keyword(s):  
Sustainable Development ◽  
Electric Energy ◽  
Development Trend ◽  
Vehicle Exhaust ◽  
New Energy ◽  
New Type ◽  
Vehicle Technology ◽  
New Energy Vehicle ◽  
The Impact ◽  
New Energy Vehicles

New energy vehicle technology is a new type of vehicle based on the concept of sustainable development in China. In terms of functional use, it can reduce the content of toxic gas and carbon dioxide in vehicle exhaust and reduce the impact on urban air quality by means of electric energy or mixed energy. At the same time, with the characteristics of new energy, it can effectively alleviate the problem that non-renewable energy is almost exhausted, and make the construction of urban economic system more suitable for the development situation of sustainable development concept. In this paper, based on the analysis of the types of new energy vehicles, it is expected to provide a good reference for the subsequent research and development of new energy vehicles.

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