scholarly journals Effect of Chinese Corporate Average Fuel Consumption and New Energy Vehicle Dual-Credit Regulation on Passenger Cars Average Fuel Consumption Analysis

2021 ◽  
Vol 18 (14) ◽  
pp. 7218
Author(s):  
Haoyi Zhang ◽  
Fuquan Zhao ◽  
Han Hao ◽  
Zongwei Liu
Keyword(s):  
Fuel Consumption ◽  
Market Share ◽  
Automotive Industry ◽  
Dual Credit ◽  
Relaxation Effect ◽  
Passenger Cars ◽  
New Energy ◽  
New Energy Vehicle ◽  
Vehicle Market ◽  
New Energy Vehicles

The large sales volume and a great number of passenger car ownership in China have brought a series of environmental and energy problems. In response to these problems, Corporate Average Fuel Consumption and New Energy Vehicle Dual-credit Regulation has been put forward in China. However, it is found that although the purpose of the Dual-credit Regulation is controlling the fuel consumption and promoting the development of the energy vehicle market, the fuel consumption restriction for fossil-fueled passenger cars is relaxed compared to CAFC (Corporate Average Fuel Consumption) regulation alone. Moreover, this effect of relaxation is more obvious when the market share of new energy vehicles increases. To quantitatively estimate the relaxation effect of the fuel consumption restriction, a method of quantifying the relaxation effect is designed, and three different scenarios of new energy vehicle market development have been presumed in this paper. It is found that there are three main factors related to new energy vehicles that cause the relaxation of fuel consumption restriction, and the effect might become obvious and severe after 2025 if the market share of new energy vehicles develops very rapidly. These results may affect the development of the automotive industry and needed to be concerned.

scholarly journals Production Forecast of China’s New Energy Passenger Vehicles in 2021–2023 under the Compliance of Dual-Credit Policy

2021 ◽  
Vol 12 (3) ◽  
pp. 119
Author(s):  
Li Lv ◽  
Xi Li
Keyword(s):  
Fuel Consumption ◽  
Dual Credit ◽  
Test Procedure ◽  
Credit Policy ◽  
Production Forecast ◽  
New Energy ◽  
Vehicle Test ◽  
Production Requirement ◽  
New Energy Vehicle ◽  
New Energy Vehicles

The corporate average fuel consumption (CAFC) and new energy vehicle (NEV) credit policy (2021–2023) was officially released in June 2020. As a mandatory regulation for automobile manufacturers to produce new energy vehicles, its impact on the output of new energy vehicles needs to be systematically evaluated. In this study, we build an enterprise policy compliance model to simulate the dual-credit policy requirements for the production of new energy vehicles from 2021 to 2023 under different scenarios. The results show that the production of new energy vehicles from 2021 to 2023 is required to reach 1.78 to 3.97 million under different scenarios. Three factors, i.e., switching from New Europe Driving Cycle (NEDC) to World Light Vehicle Test Procedure (WLTP) fuel consumption improvement of conventional vehicles, and credit per new energy vehicle, have a more significant impact on the new energy vehicle production than others. Under the minimum guarantee scenario, a 10% change in the above three factors will lead to a 2.5%, 1.5%, and 0.5% reduction in the production requirement for 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.

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.

Optimal production decision of new energy vehicle and traditional fuel vehicle

2021 ◽  
pp. 1-9
Author(s):  
Jiang Jiali ◽  
Lin Yuanyuan ◽  
Zhang Zhenyang ◽  
Wang Jun
Keyword(s):  
Decision Problem ◽  
Downward Trend ◽  
Optimal Production ◽  
Pricing Decision ◽  
New Energy ◽  
Vehicle Production ◽  
New Energy Vehicle ◽  
Vehicle Market ◽  
Production Decision ◽  
New Energy Vehicles

With the reduction of government subsidies for new energy vehicle, it has become an important decision problem for traditional vehicle enterprises with new energy vehicle production qualification to decide how much proportion of new energy vehicles should be produced. By maximizing the utility of the vehicle enterprise, this study analyses the influence of enterprise’s production decision and consumer’s preference payment premium for the performance of new energy vehicle on optimal mixed production and pricing decision after the subsidies withdraw from the new energy vehicle market. The Results show that: (1) consumer’s payment premium increases the proportion of new energy vehicles produced by automobile enterprise. The enterprise only produces traditional fuel vehicles instead of new energy vehicles, when the premium is less than a certain level; and when the payment premium is higher than a certain threshold, the enterprise merely produces new energy vehicles instead of traditional ones. (2) As the rise of consumer’s payment premium, the amount of people who consume vehicles show a downward trend, and finally only 1/2 of consumers will remain to purchase automobiles. (3) There shows a U-shaped relationship between the optimal profit of vehicle enterprise and consumer payment premium that the profit of vehicle enterprise will decline first and then rise with the increase of consumer payment premium.

scholarly journals Hierarchical Optimization Decision-Making Method to Comply with China’s Fuel Consumption and New Energy Vehicle Credit Regulations

2021 ◽  
Vol 13 (14) ◽  
pp. 7842
Author(s):  
Kangda Chen ◽  
Fuquan Zhao ◽  
Han Hao ◽  
Zongwei Liu ◽  
Xinglong Liu
Keyword(s):  
Fuel Consumption ◽  
Electric Vehicles ◽  
Hybrid Electric Vehicles ◽  
Dual Credit ◽  
Hierarchical Optimization ◽  
New Energy ◽  
Hybrid Electric ◽  
New Energy Vehicle ◽  
Mild Hybrid

The national targets of reaching carbon peak in 2030 and carbon neutrality in 2060 propose higher requirements for energy conservation and emission reduction of China’s automobile industry. As an important measure for the government, the fuel consumption and new energy vehicle (NEV) credit policy system has a significant impact on the Chinese and even the global vehicle market. Considering the lack of a systematic evaluation model for China’s fuel consumption and NEV credit regulations, this study establishes a hierarchical optimization decision-making model based on technology frontier curves and a multi-dimension database containing extensive data of technologies, products, and enterprises in the Chinese market to simulate and evaluate the technology compliance and policy impact under multiple regulations. The results show that, from the perspective of the technology frontier curve, gasoline technologies still have great cost-effectiveness advantages when the fuel-saving requirement is less than 46%, and the space for plug-in hybrid electric vehicles (PHEVs) and range-extended electric vehicles (REVs) is gradually shrinking due to the cost reduction of battery electric vehicles (BEVs). BEV400 will be better than PHEV70 and REV100 when the fuel-saving requirement is higher than 79%. Diesel vehicles are always not competitive in the passenger car market. In terms of the compliance of corporate average fuel consumption (CAFC) regulation, the start-stop technology will be gradually phased out and mild hybrid electric vehicles will be rapidly introduced due to their high cost-effectiveness in 2025. With the tightening of regulations, the penetration rate of BEVs and PHEVs will be 23.7% and 6.7%, respectively, and mild hybrid electric vehicles will be gradually replaced by strong hybrid electric vehicles in 2030. By 2035, the penetration rate of BEVs and PHEVs will be 43.6% and 6% further. For the CAFC and NEV credit regulation (widely known as the dual credit regulation), the single-vehicle credit poses a greater impact on the penetration of NEVs than corporate credit percentage limitation and is the key factor that should be focused on. The NEV credit limitation in the dual credit regulation could push ‘poor performance’ automakers to produce the required number of NEVs and meet the bottom line. However, in the long term, when compared to the CAFC regulation, the dual credit regulation is more lenient, due to NEVs being able to get double benefits both on NEV credit and CAFC credit, and NEV credit can also unidirectionally compensate CAFC credit under the dual-credit policy context. With the increased penetration and cost reduction of NEVs, the ‘averaging’ effect of dual credit regulation will inhibit the development of energy-saving and new energy vehicles. Therefore, eliminating the connection between NEV credit and CAFC credit or only leaving the CAFC and the fuel consumption limit regulations in the future will be better for the long-term development of the energy-saving and new energy vehicle industry.

scholarly journals Research on New Energy Automobile Manufacturing Service Derivatization Based on TRIZ

2020 ◽  
Vol 12 (16) ◽  
pp. 6652 ◽  
Author(s):  
Hui Wan ◽  
Jens Mathis Rieckmann ◽  
Qianqian Zhang ◽  
Qiao Ping
Keyword(s):  
Automobile Industry ◽  
Manufacturing Industry ◽  
Industrial Structure ◽  
Analysis Tool ◽  
Automobile Manufacturing ◽  
Manufacturing Innovation ◽  
New Energy ◽  
New Energy Vehicle ◽  
Vehicle Market ◽  
New Energy Vehicles

The development of the new energy automobile industry is crucial to the industrial structure upgrading of the manufacturing industry in developing countries. The more efficient service derivation of new energy vehicles needs to be considered from the perspective of manufacturing innovation. This article discusses the feasibility of applying the theory of Teoriya Resheniya Izobretatelskikh Zadatch (TRIZ) to the service derivative of new energy vehicles and forms a preliminary idea according to the characteristics of the service derivative of the manufacturing industry. By using the analysis tool and solution of TRIZ, this paper investigates the practical problem in developing the new energy vehicle market to verify a solution. The research shows that TRIZ can effectively generate new energy automobile manufacturing service derivative schemes and explore the service derivative path.

The Application of UX Research in New Energy Vehicle Innovation

2019 ◽  
Vol 1 (1) ◽  
Author(s):  
Menghan TAO ◽  
Ning XIAO ◽  
Xingfu ZHAO ◽  
Wenbin LIU
Keyword(s):  
Early Stage ◽  
Rapid Expansion ◽  
The Other ◽  
Innovative Product ◽  
Stage Of Development ◽  
New Energy ◽  
New Energy Vehicle ◽  
The One ◽  
New Energy Vehicles ◽  
Degree Of Innovation

New energy vehicles(NEV) as a new thing for sustainable development, in China, on the one hand has faced the rapid expansion of the market; the other hand, for the new NEV users, the current NEVs cannot keep up with the degree of innovation. This paper demonstrates the reasons for the existence of this systematic challenge, and puts forward the method of UX research which is different from the traditional petrol vehicles research in the early stage of development, which studies from the user's essence level, to form the innovative product programs which meet the needs of users and being real attractive.

scholarly journals Demand Subsidy versus Production Regulation: Development of New Energy Vehicles in a Competitive Environment

Mathematics ◽  
2021 ◽  
Vol 9 (11) ◽  
pp. 1280
Author(s):  
Zixuan Wang ◽  
Xiuzhang Li
Keyword(s):  
Social Welfare ◽  
Stackelberg Game ◽  
Positive Impact ◽  
Consumer Preference ◽  
Social Planner ◽  
Environmental Preferences ◽  
The Social ◽  
New Energy ◽  
Vehicle Market ◽  
New Energy Vehicles

In the competitive market environment, the growth of new energy vehicles (NEVs) faces many obstacles. Demand subsidy or production regulation-related policies are widely used to promote the development of NEVs. A comparative analysis of the effects of the two types of policies on the competitive vehicle market requires further study. To fill this gap, we investigate which type of policy is more preferable from the perspective of the social planner. In this paper, we construct a Stackelberg game with a welfare-maximizing social planner and two profit-maximizing manufacturers producing NEVs and fuel vehicles (FVs), respectively. Interestingly, although both types of policies can increase the quantity of NEVs, demand subsidy also promotes the growth of total vehicles at the same time; in contrast, production regulation reduces the total vehicles. Moreover, compared with the benchmark that no policy intervention, demand subsidy generally improves social welfare, while production regulation improves social welfare only with high consumer preference for NEVs. Nevertheless, production regulation always has a positive impact on the environment, whereas demand subsidy may have a positive impact only when the NEV is very environment friendly. The numerical results show that consumer environmental preferences and the regulation of environmental impact determine which type of policy dominates the other.

scholarly journals System Dynamics Model for the Evolutionary Behaviour of Government Enterprises and Consumers in China’s New Energy Vehicle Market

2020 ◽  
Vol 12 (4) ◽  
pp. 1578 ◽  
Author(s):  
Hongxia Sun ◽  
Yao Wan ◽  
Huirong Lv
Keyword(s):  
System Dynamics ◽  
Motor Vehicle ◽  
Replicator Dynamics ◽  
Evolutionary Game ◽  
Practical Significance ◽  
Subsidy Policy ◽  
New Energy ◽  
New Energy Vehicle ◽  
The Impact ◽  
Vehicle Market

Exhaust pollution and energy crises are worsening worldwide. China has become the largest motor vehicle producer; thus, promoting the use of new energy vehicles (NEVs) in China has important practical significance. In this paper, considering the limited rationality of governments, NEV enterprises and consumers, we study the subsidy policy of the China NEV market using the evolutionary game and system dynamics (SD) methods. First, a tripartite evolutionary game model is developed and the replicator dynamics equations and Jacobian matrix are obtained. A SD simulation of the model was conducted to further clarify the impact of the initial market proportion and three variables used in the model. The results show that the initial market proportion affects the evolution speed but does not affect the evolution result when the three group players all choose a mixed strategy. For governments, they should not hastily cancel price subsidies provided to consumers; rather, they should dynamically adjust the rate of the subsidy decrease and increase the consumers’ extra cost for purchasing fuel vehicles (FVs). NEV enterprises should appropriately increase their investments in the research and development (R&D) of NEVs.

Development Status and Trend of New Energy Vehicles in China

2021 ◽  
Vol 1 (1) ◽  
pp. 10-15
Author(s):  
Sijin Ma ◽  
Jiahao Mai ◽  
Wanling Wang ◽  
Kemeng Yao ◽  
Deyu Li
Keyword(s):  
Energy Conservation ◽  
Market Share ◽  
Emission Reduction ◽  
The State ◽  
Competitive Environment ◽  
Sales Volume ◽  
Development Status ◽  
Online Consumers ◽  
New Energy ◽  
New Energy Vehicles

Under the background of energy conservation and emission reduction advocated by the state, the sales volume of new energy vehicles increased rapidly and reached new highs in 2021. However, many domestic new energy vehicles still face the problems of serious homogenization and low market share. In view of this situation, we mine and capture the data of online consumers and potential consumers, analyze consumers' preferences in combination with the knowledge learned, take Shenzhen BYD Co., Ltd. as an example, analyze its competitive environment, and finally put forward feasible suggestions.

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