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The Underlying Reasons behind the Development of Public Electric Buses in China: The Beijing Case

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  • Zeyuan Song

    (School of Economics and Management, Beijing Jiaotong University, Beijing 100044, China)

  • Yingqi Liu

    (School of Economics and Management, Beijing Jiaotong University, Beijing 100044, China)

  • Hongwei Gao

    (School of Economics and Management, Beijing Jiaotong University, Beijing 100044, China)

  • Suxiu Li

    (Energy Internet Research Centre, State Grid Energy Research Institute, Beijing 102209, China)

Abstract

After great efforts towards the development of the electric vehicle (EV) industry and the use of its products in public transportation networks, more electric buses operate in China than in any other country in the world. As more investors will enter the industry, the effect of new participants on the development of the EV industry becomes an important issue. Based on the analysis of several key stakeholders (central and local governments, electric bus producers, users/bus companies, and providers of charging infrastructure in public transportation, this paper constructs a dynamic game-theory model to determine the main participants and their strategic space payoff functions, and ultimately estimates a Nash equilibrium. The dynamic game-model analysis clearly shows that the government’s decision to provide subsidies or not is currently affecting the entire industry and is an important prerequisite for a dynamic game. The user decides the pace of the development of this industry and the user’s management efficiency is a key factor affecting users’ needs. In addition, the availability of EVs and charging station facilities are equally important to the development of the industry.

Suggested Citation

  • Zeyuan Song & Yingqi Liu & Hongwei Gao & Suxiu Li, 2020. "The Underlying Reasons behind the Development of Public Electric Buses in China: The Beijing Case," Sustainability, MDPI, vol. 12(2), pages 1-16, January.
    • Handle: RePEc:gam:jsusta:v:12:y:2020:i:2:p:688-:d:310046
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    References listed on IDEAS

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    4. Du, Jiuyu & Ouyang, Minggao & Chen, Jingfu, 2017. "Prospects for Chinese electric vehicle technologies in 2016–2020: Ambition and rationality," Energy, Elsevier, vol. 120(C), pages 584-596.
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    Cited by:

    1. Mena ElMenshawy & Ahmed Massoud, 2022. "Medium-Voltage DC-DC Converter Topologies for Electric Bus Fast Charging Stations: State-of-the-Art Review," Energies, MDPI, vol. 15(15), pages 1-20, July.
    2. Ali Saadon Al-Ogaili & Ali Q. Al-Shetwi & Hussein M. K. Al-Masri & Thanikanti Sudhakar Babu & Yap Hoon & Khaled Alzaareer & N. V. Phanendra Babu, 2021. "Review of the Estimation Methods of Energy Consumption for Battery Electric Buses," Energies, MDPI, vol. 14(22), pages 1-28, November.
    3. Raka Jovanovic & Islam Safak Bayram & Sertac Bayhan & Stefan Voß, 2021. "A GRASP Approach for Solving Large-Scale Electric Bus Scheduling Problems," Energies, MDPI, vol. 14(20), pages 1-23, October.
    4. Ali Saadon Al-Ogaili & Ali Q. Al-Shetwi & Thanikanti Sudhakar Babu & Yap Hoon & Majid A. Abdullah & Ameer Alhasan & Ammar Al-Sharaa, 2021. "Electric Buses in Malaysia: Policies, Innovations, Technologies and Life Cycle Evaluations," Sustainability, MDPI, vol. 13(21), pages 1-22, October.

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