Distributional concerns and public opinion: EV subsidies in the U.S. and Japan

Lim, Sijeong; Dolšak, Nives; Prakash, Aseem; Tanaka, Seiki

doi:10.1016/j.enpol.2022.112883

Cited by 9 publications

(4 citation statements)

References 30 publications

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“…Some scholars form the opposite conclusion; they point out that public subsidies do not have a positive impact in promoting the improvement of firms' STI capability as we expect [18]. Long-term public subsidies allow NEV firms to become dependent, even inducing some companies to "seek compensation".…”

Section: Public Subsidies and Sti Capabilitymentioning

confidence: 93%

The Impact of Firm Heterogeneity and External Factor Change on Innovation: Evidence from the Vehicle Industry Sector

Feng

Zhao

et al. 2022

Sustainability

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We explore the connection between firms’ technological innovation capabilities and their internal and external factors. To empirically test this relationship, we use panel data for new energy vehicle (NEV) firms and traditional fuel vehicle firms in China from 2010 to 2020. Our findings show that public subsidies do have a positive impact on firms’ technology innovation capability, and there are consistent findings for both NEV and traditional fuel vehicle firms. Firms have a supportive effect on their innovative ability when they satisfy conditions of high profitability, low leverage, high equity concentration, and highly educated employees. The inability to maximize the effectiveness of public subsidies is due to an imbalance in the internal and external factors of firms. Therefore, we innovatively analyze the internal and external factors of NEV firms as an integrated system, taking into account the high correlation between them, rather than discussing them separately. The paper is not only of academic significance to the development of NEV firms to improve their technological innovation capability and the transformation of traditional fuel vehicle firms, but also of practical significance to the reduction of greenhouse gas emissions and the achievement of the “double carbon” goal.

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Section: Public Subsidies and Sti Capabilitymentioning

confidence: 93%

The Impact of Firm Heterogeneity and External Factor Change on Innovation: Evidence from the Vehicle Industry Sector

Feng

Zhao

et al. 2022

Sustainability

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“…However, different presidents have different policies on this industry, and the market is greatly affected by the policy. Nowadays, Biden announced a $2.3 trillion government budget, of which $174 billion would be devoted to developing the EV industry [5]. These greatly promote the development of this industry in the US in the future.…”

Section: Us Marketmentioning

confidence: 99%

Electric Vehicle Industry in Three Main RegionsUnited States, China, and EU Countries

Yan,

Zhao,

Liu

2023

AEMPS

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This paper will mainly focus on exploring the most significant factors affecting the sales of electric vehicles in China, the EU, and the US. After understanding the current situation of the electric vehicle market, the first step is using this information to compare and filter out important influencing factors and study them. Among many factors, electricity price, GDP, carbon dioxide emissions and the number of charging piles are the focus of this paper. Then with the help of R, some intuitive and clear conclusions are drawn during the research to help analyze the entire EV market. These conclusions not only allow people to understand the impact of certain factors on the sales of electric vehicles, but also provide a clearer and more detailed comparison of the three major electric vehicle markets.

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“…Battery electric vehicles from Japan were sold in the worldwide market by approximately 5% in 2020. This is due to the focus on HEVs first and multi-factor conditions, for instance, a statement by automakers that the industry might “lose up to 200,000 jobs if all cars become fully electric or powered by fuel cells” [ 124 ]. The total number of BEVs and PHEVs sold in Japan was over 200,000 units in 2009 and continues to increase, while for FCEVs, the target number is approximately 40,000 units by 2020 and about 200,000 units by 2025 [ 125 ].…”

Section: Current Ev Lib Management In the Worldmentioning

confidence: 99%

A Future Perspective on Waste Management of Lithium-Ion Batteries for Electric Vehicles in Lao PDR: Current Status and Challenges

Noudeng

Quan

Xuan

2022

IJERPH

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Lithium-ion batteries (LIBs) have become a hot topic worldwide because they are not only the best alternative for energy storage systems but also have the potential for developing electric vehicles (EVs) that support greenhouse gas (GHG) emissions reduction and pollution prevention in the transport sector. However, the recent increase in EVs has brought about a rise in demand for LIBs, resulting in a substantial number of used LIBs. The end-of-life (EoL) of batteries is related to issues including, for example, direct disposal of toxic pollutants into the air, water, and soil, which threatens organisms in nature and human health. Currently, there is various research on spent LIB recycling and disposal, but there are no international or united standards for LIB waste management. Most countries have used a single or combination methodology of practices; for instance, pyrometallurgy, hydrometallurgy, direct recycling, full or partial combined recycling, and lastly, landfilling for unnecessary waste. However, EoL LIB recycling is not always easy for developing countries due to multiple limitations, which have been problems and challenges from the beginning and may reach into the future. Laos is one such country that might face those challenges and issues in the future due to the increasing trend of EVs. Therefore, this paper intends to provide a future perspective on EoL LIB management from EVs in Laos PDR, and to point out the best approaches for management mechanisms and sustainability without affecting the environment and human health. Significantly, this review compares the current EV LIB management between Laos, neighboring countries, and some developed countries, thereby suggesting appropriate solutions for the future sustainability of spent LIB management in the nation. The Laos government and domestic stakeholders should focus urgently on specific policies and regulations by including the extended producer responsibility (EPR) scheme in enforcement.

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Distributional concerns and public opinion: EV subsidies in the U.S. and Japan

Cited by 9 publications

References 30 publications

The Impact of Firm Heterogeneity and External Factor Change on Innovation: Evidence from the Vehicle Industry Sector

The Impact of Firm Heterogeneity and External Factor Change on Innovation: Evidence from the Vehicle Industry Sector

Electric Vehicle Industry in Three Main RegionsUnited States, China, and EU Countries

A Future Perspective on Waste Management of Lithium-Ion Batteries for Electric Vehicles in Lao PDR: Current Status and Challenges

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