Global Organization

Why do we need a new battery subsidy policy?

In addition to annually reducing the amount of subsidy for public and private purchases, these policy adjustments also imposed more stringent technical requirements (e.g., energy density, driving range, etc.) for receiving subsidies in order to promote the development of core battery technologies by the domestic firms (policy aims at low-levels).

Can government subsidies help recycle end-of-life power batteries?

It is difficult for recyclers and consumers to cooperate proactively in recycling end-of-life power batteries. Thus, it is found that government subsidies to recycling companies and consumers can maximize social welfare at the lowest government cost.

How can financial subsidies help new energy vehicle manufacturers?

Financial subsidies can reduce the research and production costs of new energy vehicle manufacturers, thereby promoting technological progress and product development (Wu et al., 2020).

Which NEVs are eligible for subsidies?

The policy stipulated that only NEVs that were equipped with batteries that met the conditions specified in the document were eligible to be listed in the " Recommended Model Catalog for the Promotion and Application of New Energy Vehicles " (MoIIT, 2015) and thus receive subsidies (low-level policy means).

Are power batteries the core of new energy vehicles?

Power batteries are the core of new energy vehicles, especially pure electric vehicles. Owing to the rapid development of the new energy vehicle industry in recent years, the power battery industry has also grown at a fast pace (Andwari et al., 2017).

Should government policies support renewable power battery recycling companies?

In conclusion, governments should introduce policies to support companies that handle renewable power battery recycling to optimize the structure of the power battery recycling industry and achieve the goal of balanced economic growth and environmental protection. The results of this paper provide a basis for government policy.

Policies to promote electric vehicle deployment

Government subsidies for electric HDVs that were due to be phased out in 2019 were extended in 2020 through the Notice on improving the promotion and application of financial subsidy policies for New Energy Vehicles. Current …

The rise of China''s new energy vehicle lithium-ion battery …

The policy stipulated that only NEVs that were equipped with batteries that met the conditions specified in the document were eligible to be listed in the "Recommended …

Analyze The Economic and The Sustainable Environmental Impact …

PDF | Due to the vigorous promotion and production of new energy vehicles, the lithium battery industry is closely connected with them and also... | Find, read and cite all the …

Policies to promote electric vehicle deployment

Government subsidies for electric HDVs that were due to be phased out in 2019 were extended in 2020 through the Notice on improving the promotion and application of financial subsidy …

The Green Effects of Industrial Policy—Evidence from China''s New Energy …

The development of new energy vehicles has become a common choice for countries worldwide to reduce greenhouse gas emissions and improve the global ecological …

Will Chinese New Energy Vehicle Manufacturers Survive Without ...

New energy vehicles are no w the preferred means of transportation for energy saving and emission r eduction, but their prices are also higher than traditional oil vehicles. To …

Battery recycling policies for boosting electric vehicle adoption ...

Electric vehicles must be widely accepted because of environmental concerns and carbon restrictions. Previous research has looked at consumer policy preferences and …

Overview of Chinese new energy vehicle industry and policy …

According to the 2023 Study on the Full Life Cycle Cost of Lithium Battery New Energy Vehicles, in the cost composition of power lithium battery cells in China, positive …

China Extends NEV Tax Reduction and Exemption Policy to 2027

Under the extended policy, NEV vehicles purchased in China between January 1, 2024, and December 31, 2025, will be granted an exemption from the purchase tax …

Policy developments – Global EV Outlook 2023 – Analysis

From 2023 onwards, these conditions stipulate that final assembly must occur in North America, and that vehicles must have a 7 kWh battery or greater (to exclude low-range plug-in hybrid …

Analyze The Economic and The Sustainable Environmental Impact …

From the described policies on the new energy vehicle industry and the lithium battery industry, and some related phenomena, we can analyze what impact they bring to the economy and how...

How Innovative Is China in the Electric Vehicle and Battery …

The U.S. National Science Foundation (NSF) provides data on countries'' shares of total value added in the motor vehicle, trailer, and semi-trailer industries (unfortunately, it …

Government Subsidy Strategies for the New Energy Vehicle Power Battery …

Thus, the promotion of new energy vehicles (NEVs) can reduce the dependence of vehicles on fossil fuels and effectively mitigate major environmental issues such as "carbon …

Government Subsidy Strategies for the New Energy …

Thus, the promotion of new energy vehicles (NEVs) can reduce the dependence of vehicles on fossil fuels and effectively mitigate major environmental issues such as "carbon emissions" and the "greenhouse effect" .

China''s Development on New Energy Vehicle Battery Industry: Based …

[1] [2][3] As a sustainable storage element of new-generation energy, the lithium-ion (Li-ion) battery is widely used in electronic products and electric vehicles (EVs) owing to its …

Do government subsidies improve innovation investment for new energy ...

To determine whether the listed company is a new energy enterprise, we select firms that are classified in any of the five new energy stock categories in the Wind database, …

The capital market responses to new energy vehicle (NEV) …

Relative to lithium-ion battery and NEV manufacturers, charging pile companies benefit less from preferential tax or government procurement. For fiscal subsidy …

An analysis of China''s power battery industry policy for new …

The Notice on Adjusting the Financial Subsidy Policy for the Promotion and Application of New Energy Vehicles, published at the end of 2016, once again proposed that, …

An analysis of China''s power battery industry policy for new energy ...

The Notice on Adjusting the Financial Subsidy Policy for the Promotion and Application of New Energy Vehicles, published at the end of 2016, once again proposed that, …

EU subsidies for lithium batteries, PV products, and EVs show …

2 · The blue book, titled "The EU''s Industrial Subsidy Policy for Lithium Batteries, PV Products and Electric Vehicles in the Name of Green Transition," produced by the WTO Law …

The capital market responses to new energy vehicle (NEV) subsidies…

Relative to lithium-ion battery and NEV manufacturers, charging pile companies benefit less from preferential tax or government procurement. For fiscal subsidy …