Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.enpol.2020.111983 |
A review of evolutionary policy incentives for sustainable development of electric vehicles in China: Strategic implications | |
Yang Andrew Wu, Artie W. Ng, Zichao Yu, Jie Huang, ... Z.Y. Dong | |
2020-11-03 | |
发表期刊 | Energy Policy
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出版年 | 2020 |
英文摘要 | The Chinese government has introduced policy measures and financial incentives to promote electric vehicles (EVs) in alignment with its advanced industrial development and environmental sustainability. In order to stimulate market adoption and technological innovation, a dual-credits policy regime with strictly guided subsidies was first announced in 2017 and then tightened up in 2019 by relevant authorities of the central government. This study focuses on examining the latest development of EV policy in the Chinese mainland. It reviews the pertinent national-level policy measures and financial incentives for sustainable development of the EV industry in a macro scope over the past decade. Further, we develop a mathematical model to quantify the impact of the most update policy – the dual-credits policy regime. Our simulation results reveal a significant gap between the recent EV sales and the estimated future EV production needed under the new policy regime. Such significant gap implies remarkable policy pressure and inevitable execution challenges of the recently tightened dual-credits regime. In conclusion, we articulate strategic implications for EV market participants in China. Upcoming challenges including gradual phasing out of financial support and impending market competition are discussed. |
领域 | 气候变化 |
URL | 查看原文 |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/301750 |
专题 | 气候变化 |
推荐引用方式 GB/T 7714 | Yang Andrew Wu, Artie W. Ng, Zichao Yu, Jie Huang, ... Z.Y. Dong. A review of evolutionary policy incentives for sustainable development of electric vehicles in China: Strategic implications[J]. Energy Policy,2020. |
APA | Yang Andrew Wu, Artie W. Ng, Zichao Yu, Jie Huang, ... Z.Y. Dong.(2020).A review of evolutionary policy incentives for sustainable development of electric vehicles in China: Strategic implications.Energy Policy. |
MLA | Yang Andrew Wu, Artie W. Ng, Zichao Yu, Jie Huang, ... Z.Y. Dong."A review of evolutionary policy incentives for sustainable development of electric vehicles in China: Strategic implications".Energy Policy (2020). |
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