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Research on New Energy Vehicle Power Battery Recycling Deposit System Based on Evolutionary Game Perspective

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  • Mengyang Cui

    (School of Business, Jiangnan University, Wuxi 214122, China)

  • Yuhong Wang

    (School of Business, Jiangnan University, Wuxi 214122, China)

Abstract

With the booming development of the new energy vehicle (NEV) industry, the issue of power battery recycling has increasingly attracted attention. Standardized recycling of power batteries can reduce environmental pollution and promote sustainable resource utilization. This paper employs evolutionary game theory to construct two models of deposit systems for the recycling of new energy vehicle power batteries: one under market mechanisms and the other with government participation. The evolutionary stable strategies among vehicle manufacturers, consumers, and the government are examined, and the stable equilibrium points of the models are analyzed. Finally, Matlab is used to conduct a simulation analysis of the deposit system with government participation. The results indicate that the deposit system under market mechanisms is difficult to constrain consumer behavior, while the deposit system with government participation is conducive to promoting the achievement of long-term environmental protection goals. These findings provide valuable insights for policymakers in designing deposit–refund systems and contribute to advancing the sustainable development of the NEV industry.

Suggested Citation

  • Mengyang Cui & Yuhong Wang, 2025. "Research on New Energy Vehicle Power Battery Recycling Deposit System Based on Evolutionary Game Perspective," Sustainability, MDPI, vol. 17(9), pages 1-22, April.
    • Handle: RePEc:gam:jsusta:v:17:y:2025:i:9:p:3928-:d:1643715
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    References listed on IDEAS

    as
    1. Friedman, Daniel, 1991. "Evolutionary Games in Economics," Econometrica, Econometric Society, vol. 59(3), pages 637-666, May.
    2. Yan Li & Jiale Zhang, 2024. "Evolutionary Game Analysis of Low-Carbon Incentive Behaviour of Power Battery Recycling Based on Prospect Theory," Sustainability, MDPI, vol. 16(7), pages 1-24, March.
    3. Kulshreshtha, Praveen & Sarangi, Sudipta, 2001. ""No return, no refund": an analysis of deposit-refund systems," Journal of Economic Behavior & Organization, Elsevier, vol. 46(4), pages 379-394, December.
    4. Xin Zan & Deyuan Zhang, 2022. "Analysis on the Optimal Recycling Path of Chinese Lead-Acid Battery under the Extended Producer Responsibility System," Sustainability, MDPI, vol. 14(9), pages 1-18, April.
    5. Gang Li & Mengyu Lu & Sen Lai & Yonghong Li, 2023. "Research on Power Battery Recycling in the Green Closed-Loop Supply Chain: An Evolutionary Game-Theoretic Analysis," Sustainability, MDPI, vol. 15(13), pages 1-18, July.
    6. Hilary A. Sigman, 1995. "A Comparison of Public Policies for Lead Recycling," RAND Journal of Economics, The RAND Corporation, vol. 26(3), pages 452-478, Autumn.
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