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The dual-credit policy: Quantifying the policy impact on plug-in electric vehicle sales and industry profits in China

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  1. Liu, Qin & Wen, Xiaonan & Cao, Qinwei, 2023. "Multi-objective development path evolution of new energy vehicle policy driven by big data: From the perspective of economic-ecological-social," Applied Energy, Elsevier, vol. 341(C).
  2. Muhammad Asim & Muhammad Usman & Muhammad Salman Abbasi & Saad Ahmad & M. A. Mujtaba & Manzoore Elahi M. Soudagar & Abdullah Mohamed, 2022. "Estimating the Long-Term Effects of National and International Sustainable Transport Policies on Energy Consumption and Emissions of Road Transport Sector of Pakistan," Sustainability, MDPI, vol. 14(9), pages 1-19, May.
  3. Shiqi Ou & Wan Li & Jie Li & Zhenhong Lin & Xin He & Jessey Bouchard & Steven Przesmitzki, 2020. "Relationships between Vehicle Pricing and Features: Data Driven Analysis of the Chinese Vehicle Market," Energies, MDPI, vol. 13(12), pages 1-25, June.
  4. Bhardwaj, Chandan & Axsen, Jonn & Kern, Florian & McCollum, David, 2020. "Why have multiple climate policies for light-duty vehicles? Policy mix rationales, interactions and research gaps," Transportation Research Part A: Policy and Practice, Elsevier, vol. 135(C), pages 309-326.
  5. Hu, Xu & Yang, Zhaojun & Sun, Jun & Zhang, Yali, 2021. "Exempting battery electric vehicles from traffic restrictions: Impacts on market and environment under Pigovian taxation," Transportation Research Part A: Policy and Practice, Elsevier, vol. 154(C), pages 53-91.
  6. Fuquan Zhao & Kangda Chen & Han Hao & Zongwei Liu, 2020. "Challenges, Potential and Opportunities for Internal Combustion Engines in China," Sustainability, MDPI, vol. 12(12), pages 1-15, June.
  7. Yu, Hui & Li, Ying & Wang, Wei, 2023. "Optimal innovation strategies of automakers with market competition under the dual-credit policy," Energy, Elsevier, vol. 283(C).
  8. Bhardwaj, Chandan & Axsen, Jonn & McCollum, David, 2022. "How to design a zero-emissions vehicle mandate? Simulating impacts on sales, GHG emissions and cost-effectiveness using the AUtomaker-Consumer Model (AUM)," Transport Policy, Elsevier, vol. 117(C), pages 152-168.
  9. Zhou, Jiayu & Li, Yina & Ye, Fei & Zhao, Xiande & Tong, Yang & Guo, Hangfei, 2024. "Single rollover or dual rollover: How a monopoly NEV manufacturer responds to NEV credit policy," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 191(C).
  10. Ziyue Wang & Juan Zhang & Huiju Zhao, 2020. "The Selection of Green Technology Innovations under Dual-Credit Policy," Sustainability, MDPI, vol. 12(16), pages 1-22, August.
  11. Liukai Yu & Xuehai Jiang & Yujie He & Yangyang Jiao, 2022. "Promoting the Diffusion of New Energy Vehicles under Dual Credit Policy: Asymmetric Competition and Cooperation in Complex Network," Energies, MDPI, vol. 15(15), pages 1-20, July.
  12. Yu, Yi & Zha, Donglan & Zhou, Dequn & Wang, Qunwei, 2025. "Promoting the adoption of electric vehicles through private charging infrastructure: Should subsidies be for the builder or non-builder?," Transportation Research Part A: Policy and Practice, Elsevier, vol. 192(C).
  13. Qin, Shufeng & Xiong, Yongqing, 2022. "Innovation strategies of Chinese new energy vehicle enterprises under the influence of non-financial policies: Effects, mechanisms and implications," Energy Policy, Elsevier, vol. 164(C).
  14. Dong-Xiao Yang & Lei Yang & Xiao-Ling Chen & Chan Wang & Pu-Yan Nie, 2023. "Research on credit pricing mechanism in dual-credit policy: is the government in charge or is the market in charge?," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(2), pages 1561-1581, February.
  15. Yushi Wang & Licheng Sun & Shilong Li, 2022. "Production Decisions of Automakers Considering the Impact of Anticipated Regret under the Dual-Credit Policy," Sustainability, MDPI, vol. 14(11), pages 1-18, May.
  16. Zheng, Xuemei & Menezes, Flavio & Zheng, Xiaofeng & Wu, Chengkuan, 2022. "An empirical assessment of the impact of subsidies on EV adoption in China: A difference-in-differences approach," Transportation Research Part A: Policy and Practice, Elsevier, vol. 162(C), pages 121-136.
  17. Li, Chao & Yi, Yongxi & Zhang, Aoxiang & Chen, Biao, 2023. "Fuel consumption-reduction investment decisions and coordination contracts in fuel vehicle supply chains: A dynamic analysis," Energy Economics, Elsevier, vol. 125(C).
  18. Wu, Fulan & Li, Pei & Dong, Xuebing & Lu, Yuanzhu, 2022. "Exploring the effectiveness of China's dual credit policy in a differentiated automobile market when some consumers are environmentally aware," Energy Economics, Elsevier, vol. 111(C).
  19. Kangda Chen & Fuquan Zhao & Han Hao & Zongwei Liu, 2018. "Synergistic Impacts of China’s Subsidy Policy and New Energy Vehicle Credit Regulation on the Technological Development of Battery Electric Vehicles," Energies, MDPI, vol. 11(11), pages 1-19, November.
  20. Ma, Miaomiao & Meng, Weidong & Li, Yuyu & Huang, Bo, 2023. "Impact of dual credit policy on new energy vehicles technology innovation with information asymmetry," Applied Energy, Elsevier, vol. 332(C).
  21. Yi, Yongxi & Zhang, Meng & Zhang, Aoxiang & Li, Yuqiong, 2024. "Can “dual credit” replace “subsidies” successfully? -based on analysis of vehicle supply chain decisions under the digital transformation of technology," Energy Economics, Elsevier, vol. 130(C).
  22. Qian, Lixian & Huang, Youlin & Tyfield, David & Soopramanien, Didier, 2023. "Dynamic consumer preferences for electric vehicles in China: A longitudinal approach," Transportation Research Part A: Policy and Practice, Elsevier, vol. 176(C).
  23. Jizi Li & Yuping Zhou & Dengke Yu & Chunling Liu, 2020. "Consumers’ Purchase Intention of New Energy Vehicles: Do Product-Life-Cycle Policy Portfolios Matter?," Sustainability, MDPI, vol. 12(5), pages 1-23, February.
  24. Ou, Shiqi & Lin, Zhenhong & Xu, Guoquan & Hao, Xu & Li, Hongwei & Gao, Zhiming & He, Xin & Przesmitzki, Steven & Bouchard, Jessey, 2020. "The retailed gasoline price in China: Time-series analysis and future trend projection," Energy, Elsevier, vol. 191(C).
  25. Lian Ding & Xiaodong Zhu, 2023. "The Impact of the Dual-Credit Policy on Production and Cooperative R&D in the Automotive Supply Chain," Sustainability, MDPI, vol. 15(2), pages 1-18, January.
  26. Fan, Xia & Li, Chuanju, 2025. "“To be unfolding” or “be on its last legs”—Preferential tax policies between supply and demand and the development of the new energy vehicle industry based on an ABM model," Energy Policy, Elsevier, vol. 200(C).
  27. Wu, Yang Andrew & Ng, Artie W. & Yu, Zichao & Huang, Jie & Meng, Ke & Dong, Z.Y., 2021. "A review of evolutionary policy incentives for sustainable development of electric vehicles in China: Strategic implications," Energy Policy, Elsevier, vol. 148(PB).
  28. Meng, Weidong & Ma, Miaomiao & Li, Yuyu & Huang, Bo, 2022. "New energy vehicle R&D strategy with supplier capital constraints under China's dual credit policy," Energy Policy, Elsevier, vol. 168(C).
  29. Ou, Shiqi & Hao, Xu & Lin, Zhenhong & Wang, Hewu & Bouchard, Jessey & He, Xin & Przesmitzki, Steven & Wu, Zhixin & Zheng, Jihu & Lv, Renzhi & Qi, Liang & LaClair, Tim J., 2019. "Light-duty plug-in electric vehicles in China: An overview on the market and its comparisons to the United States," Renewable and Sustainable Energy Reviews, Elsevier, vol. 112(C), pages 747-761.
  30. Feiqi Liu & Fuquan Zhao & Zongwei Liu & Han Hao, 2018. "China’s Electric Vehicle Deployment: Energy and Greenhouse Gas Emission Impacts," Energies, MDPI, vol. 11(12), pages 1-19, November.
  31. Miaomiao Ma & Weidong Meng & Bo Huang & Yuyu Li, 2024. "New energy vehicles’ technology innovation coordination strategy based on alliance negotiation under dual credit policy," PLOS ONE, Public Library of Science, vol. 19(3), pages 1-27, March.
  32. Ying Xie & Jie Wu & Hannian Zhi & Muhammad Riaz & Liangpeng Wu, 2023. "A Study on the Evolution of Competition in China’s Auto Market Considering Market Capacity Constraints and a Game Payoff Matrix: Based on the Dual Credit Policy," Sustainability, MDPI, vol. 15(4), pages 1-24, February.
  33. Ball-Burack, Ari & Sun, Ruixiao & Stack, Stephen & Ou, Shiqi (Shawn) & Bose, Ranjan & Yang, Hung-Chia, 2025. "Assessing the behavioral realism of energy system models in light of the consumer adoption literature," Renewable and Sustainable Energy Reviews, Elsevier, vol. 211(C).
  34. Nie, Qingyun & Zhang, Lihui & Li, Songrui, 2022. "How can personal carbon trading be applied in electric vehicle subsidies? A Stackelberg game method in private vehicles," Applied Energy, Elsevier, vol. 313(C).
  35. Hsieh, I-Yun Lisa & Pan, Menghsuan Sam & Green, William H., 2020. "Transition to electric vehicles in China: Implications for private motorization rate and battery market," Energy Policy, Elsevier, vol. 144(C).
  36. Hao, Xu & Lin, Zhenhong & Wang, Hewu & Ou, Shiqi & Ouyang, Minggao, 2020. "Range cost-effectiveness of plug-in electric vehicle for heterogeneous consumers: An expanded total ownership cost approach," Applied Energy, Elsevier, vol. 275(C).
  37. Han, Jing & Guo, Ju-E & Cai, Xun & Lv, Cheng & Lev, Benjamin, 2022. "An analysis on strategy evolution of research & development in cooperative innovation network of new energy vehicle within policy transition period," Omega, Elsevier, vol. 112(C).
  38. Chen, Feng & Wu, Bin & Lou, Wen-qian & Zhu, Bo-wen, 2024. "Impact of dual-credit policy on diffusion of technology R & D among automakers: Based on an evolutionary game model with technology-spillover in complex network," Energy, Elsevier, vol. 303(C).
  39. Haoyi Zhang & Fuquan Zhao & Han Hao & Zongwei Liu, 2021. "Effect of Chinese Corporate Average Fuel Consumption and New Energy Vehicle Dual-Credit Regulation on Passenger Cars Average Fuel Consumption Analysis," IJERPH, MDPI, vol. 18(14), pages 1-13, July.
  40. Hsiao, Cody Yu-Ling & Yang, Rui & Zheng, Xin & Chiu, Yi-Bin, 2023. "Evaluations of policy contagion for new energy vehicle industry in China," Energy Policy, Elsevier, vol. 173(C).
  41. Liu, Bingchun & Song, Chengyuan & Liang, Xiaoqin & Lai, Mingzhao & Yu, Zhecheng & Ji, Jie, 2023. "Regional differences in China's electric vehicle sales forecasting: Under supply-demand policy scenarios," Energy Policy, Elsevier, vol. 177(C).
  42. Chen, Yufeng & Ni, Liangfu & Liu, Kelong, 2022. "Innovation efficiency and technology heterogeneity within China's new energy vehicle industry: A two-stage NSBM approach embedded in a three-hierarchy meta-frontier framework," Energy Policy, Elsevier, vol. 161(C).
  43. Xu Hao & Yan Zhou & Hewu Wang & Minggao Ouyang, 2020. "Plug-in electric vehicles in China and the USA: a technology and market comparison," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 25(3), pages 329-353, March.
  44. Ma, Haicheng & Lou, Gaoxiang & Fan, Tijun & Chan, Hing Kai & Chung, Sai Ho, 2021. "Conventional automotive supply chains under China's dual-credit policy: fuel economy, production and coordination," Energy Policy, Elsevier, vol. 151(C).
  45. Kangda Chen & Fuquan Zhao & Han Hao & Zongwei Liu & Xinglong Liu, 2021. "Hierarchical Optimization Decision-Making Method to Comply with China’s Fuel Consumption and New Energy Vehicle Credit Regulations," Sustainability, MDPI, vol. 13(14), pages 1-25, July.
  46. Liangui Peng & Ying Li & Hui Yu, 2021. "Effects of Dual Credit Policy and Consumer Preferences on Production Decisions in Automobile Supply Chain," Sustainability, MDPI, vol. 13(11), pages 1-19, May.
  47. Chen, Jing & Wang, Yushi & Xu, Yangyi & Shi, Jingyi, 2025. "Dual-credit policy failure: The emergence principle and hedging mechanisms," Energy Economics, Elsevier, vol. 141(C).
  48. Luo, Qi & Yin, Yunlei & Chen, Pengyu & Zhan, Zhenfei & Saigal, Romesh, 2022. "Dynamic subsidies for synergistic development of charging infrastructure and electric vehicle adoption," Transport Policy, Elsevier, vol. 129(C), pages 117-136.
  49. Qiu, Y.Q. & Zhou, P. & Sun, H.C., 2019. "Assessing the effectiveness of city-level electric vehicle policies in China," Energy Policy, Elsevier, vol. 130(C), pages 22-31.
  50. Wen, W. & Yang, S. & Zhou, P. & Gao, S.Z., 2021. "Impacts of COVID-19 on the electric vehicle industry: Evidence from China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 144(C).
  51. Cheng, Yongwei & Fan, Tijun, 2021. "Production coopetition strategies for an FV automaker and a competitive NEV automaker under the dual-credit policy," Omega, Elsevier, vol. 103(C).
  52. Ji, Shou-feng & Zhao, Dan & Luo, Rong-juan, 2019. "Evolutionary game analysis on local governments and manufacturers' behavioral strategies: Impact of phasing out subsidies for new energy vehicles," Energy, Elsevier, vol. 189(C).
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