Dual-Credit Policy of new energy automobile at China: Inhibiting scale or intermediary of innovation?

Does the dual-credit policy promote the technological development of new energy vehicles? An industry chain reconstruction perspective

“…In summary, from the perspective of the automotive industry reconstruction, parts manufacturers are the essential body of R&D and innovation of NEVs, and their position in the NEV industry is becoming more and more prominent. However, existing studies exploring the effects of the DCP have primarily focused on the impact on vehicle manufacturing enterprises [26] , [22] , [10] , [11] while ignoring parts manufacturing enterprises. Therefore, our paper will explore the impact of DCP on NEV manufacturing enterprises (including parts and vehicle manufacturing enterprises) to fill the research gap.…”

“…Cheng and Fan [4] believed that compared to setting a high NEV production ratio, maintaining a higher credit price is more favorable for increasing NEV production. Yang et al [22] pointed out that automakers' performance would be negatively affected by the DCP, and a new R&D subsidy policy must be introduced at this stage. Meng et al [23] showed that DCP can promote the development of the new energy vehicle industry, but capital constraints will weaken the incentive effect of the policy.…”

“…We treat the implementation of the DCP as a quasi-natural experiment and use China A-share advanced manufacturing enterprises as initial samples to investigate the mechanism of policy effects between 2014 and 2021 using a difference-in-difference (DID) model. The possible marginal contributions of our study are as follows: First, in contrast to previous studies [22] , [10] , [11] that only examined the impact of the DCP on the technological innovation of vehicle manufacturing enterprises, we explored the total impact of the DCP on parts and vehicle manufacturing enterprises in the context of industry restructuring. Second, regarding experimental sample selection, referring to Cao et al [25] , we take the advanced manufacturing enterprises covered by the ten critical areas as the initial research sample and identify the impact of the DCP on the innovation performance of automobile manufacturing enterprises.…”

A Novel Doubly-Green Stand-Alone Electric Vehicle Charging Station in Saudi Arabia: An Overview and a Comprehensive Feasibility Study

“…As stated above, all the existing EVCSs are grid-based and supply AC power to fulfill the EV charge demand. According to [61] even though; EV charging provides eco-friendly and financial benefits, it also negatively influences the performance of the existing network. Besides, the increasing trends for EV utilization and development in SA despite the existence of too few charging stations show the country still needs efficient, cost-effective, and eco-friendly alternatives for the power supply of EVCS.…”

Research on decision optimization of new energy vehicle supply chain considering demand disruptions under dual credit policy

“…They point out that although the high profitability of NEVs can promote enterprise electrification, excessively high credit prices may delay the implementation of electrification. Yang et al (2022) [23] analyze the data of Chinese NEV enterprises listed from 2012 to 2019 and point out that in order to achieve a smooth transition from governmentled to market-led NEVs, it is necessary to introduce new R&D subsidy policies and combine them with the dual credit policy. Additionally, some scholars have studied the impact of the dual credit policy on enterprises from perspectives of production planning and government regulation.…”