Dynamic optimization management of the dual-credit policy for passenger vehicles

Y Li, Q Zhang, Y Tang, B Mclellan, H Ye… - Journal of Cleaner …, 2020 - Elsevier
The dual-credit policy for passenger vehicles was implemented in China in 2018 to continue
to nurture the growth of new energy vehicles and effectively alleviate the government's …

The policy effect on automobile industry considering the relationship between technology, market and production: The dual-credit policy as an example

Y Kong, SJ Ma, WC Tang, YX Xue - Transportation Letters, 2023 - Taylor & Francis
Comprehensively understanding how the policy influences the sustainability transition of the
automotive industry is a critical focus in recent years. This paper focuses on the dual-credit …

Impacts of a super credit policy on electric vehicle penetration and compliance with China's Corporate Average Fuel Consumption regulation

S Wang, F Zhao, Z Liu, H Hao - Energy, 2018 - Elsevier
A super credit policy provides favorable accounting rules for extremely low emission
vehicles under several passenger vehicle fuel economy regulations. This policy was initially …

Interaction mechanism between dual-credit pricing and automobile manufacturers' electrification decisions

H He, S Li, S Wang, J Zhao, C Zhang, F Ma - Transportation Research Part …, 2022 - Elsevier
The newly released dual-credit policy (DCP) in 2017 established a market-based credit
trading scheme in China to facilitate the electrification transition of automobile …

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

Y Li, Q Zhang, H Li, Y Tang, B Liu - Energy Procedia, 2019 - Elsevier
In order to further promote the development of the new energy vehicle industry, Parallel
Management regulation for corporate average fuel consumption and new energy vehicle …

Substitution effect of new-energy vehicle credit program and corporate average fuel consumption regulation for green-car subsidy

Y Li, Q Zhang, B Liu, B McLellan, Y Gao, Y Tang - Energy, 2018 - Elsevier
The green-car subsidy program since 2009 has been successfully used to boost the nation's
new-energy vehicle industry and cut vehicle emissions in China; however, it may cause …

Impact of the dual-credit policy on improvements in fuel economy and the production of internal combustion engine vehicles

G Lou, H Ma, T Fan, HK Chan - Resources, conservation and recycling, 2020 - Elsevier
The implementation of the parallel management method for Corporate Average Fuel
Consumption (CAFC) and New Energy Vehicles (NEV) Credits (thereafter “the dual-credit …

Dual-credit price variation and optimal electrification timing of traditional automakers: A dynamic programming approach

H He, C Zhang, S Li, Y Sun, J Zhang, Q Sun - Journal of Cleaner …, 2022 - Elsevier
Abstract China's Dual-Credit Policy (DCP) establishes a credit trading mechanism to
promote automakers' fuel efficiency and electrification investments. However, variations in …

Dual credit policy: promoting new energy vehicles with battery recycling in a competitive environment?

J Li, Y Ku, C Liu, Y Zhou - Journal of Cleaner Production, 2020 - Elsevier
New energy vehicles have been recognized as the future direction of development in
automobile industry. This paper investigates the issue of the impacts of subsidy policy and …

The dual-credit policy: Quantifying the policy impact on plug-in electric vehicle sales and industry profits in China

S Ou, Z Lin, L Qi, J Li, X He, S Przesmitzki - Energy Policy, 2018 - Elsevier
Abstract The Passenger Cars Corporate Average Fuel Consumption and New Energy
Vehicle Credit Regulation (dual-credit policy) was enacted by the Chinese government in …