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 …

Electrification decisions of traditional automakers under the dual-credit policy regime

H He, S Li, S Wang, Z Chen, J Zhang, J Zhao… - … Research Part D …, 2021 - Elsevier
The newly introduced dual-credit policy has made electrification inevitable for traditional
automakers. This study considers stochastic credit prices and time-dependent electric …

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 …

Research on credit pricing mechanism in dual-credit policy: is the government in charge or is the market in charge?

DX Yang, L Yang, XL Chen, C Wang, PY Nie - Environment, Development …, 2023 - Springer
The dual-credit policy, implemented by the Chinese government on April 1, 2018, aims at
boosting the production of new energy vehicles and further reducing fuel consumption of …

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 …

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 …

Value of dual-credit policy: evidence from green technology innovation efficiency

H He, S Li, S Wang, C Zhang, F Ma - Transport Policy, 2023 - Elsevier
The dual-credit policy (DCP), introduced by the Chinese government in 2017, aims to
establish a market-based mechanism for fostering the coordinated development of energy …

[HTML][HTML] Influence of dual-credit policy on the energy conservation and emission reduction technology R&D of Chinese auto industry

Q He, H Zhao - Results in Engineering, 2023 - Elsevier
The dual-credit policy, as an important industrial policy in the automotive industry to replace
fiscal subsidies, aims to achieve the dual objectives of energy conservation and emission …

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 …

Can the Dual-Credit Policy Help China's New Energy Vehicle Industry Achieve Corner Overtaking?

Y Li, L Zhang, J Liu, X Qiao - Sustainability, 2023 - mdpi.com
The purpose of the dual-credit policy is to promote the healthy and sustainable development
of China's new energy vehicle industry. This study took the dual-credit policy as the …