They found that the original profit-sharing status would change after the government subsidy was introduced into the model. In conclusion, the government has noted that the power battery recycling industry can reap more benefits. The government’s policies are relatively broad, with most documents and policies being macrolevel guidance.
Government subsidies can promote recycling companies and consumers to actively recycle EoL power batteries. The government hopes to achieve the goal of optimal total social gain by employing subsidies. However, the government will only act if the net benefit to society is greater than the subsidy paid by the government.
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.
In July 2019, Colombia approved its first-ever national electric vehicle EV policy, Law 1964, which cites vehicle electrification as a pathway to achieving sustainable mobility and greenhouse gas reductions in line with the 2015 Paris Accords.
Therefore, there is currently little subsidy policy for consumers. With the improvement of the power battery tracking system, the government directly subsidizes consumers. Through this kind of subsidy, the government can pay a lower cost to realize the goal of maximizing the overall welfare of society.
Passenger vehicles: As a part of its 2021 Voluntary National Review, which seeks to align national policy with 2030 UN Sustainable Development Goals, Colombia aims to register 6,600 electric vehicles by the end of 2022 and 600,000 vehicles by 2030.
Interpretation of the "Notice on Further Improving the Financial ...
In order to support the high-quality development of the new energy vehicle industry and promote the consumption of new energy vehicles, the four ministries and commissions jointly issued the "Notice on Improving the Fiscal Subsidy Policy for the Promotion and Application of New Energy Vehicles" (Caijian [2020] No. 86) in April 2020. The implementation period of the new energy …
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Government Subsidy Strategies for the New Energy Vehicle Power Battery …
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. Even though government subsidies are currently targeted at recycling companies, they should ...
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Optimal policy for the recycling of electric vehicle retired power ...
With the promotion of electric vehicles (EVs), more and more power batteries will be retired. Under the current battery technology level, a new battery pack will need to be replaced when the battery capacity decays below 80% of the factory level (Wang et al., 2020) 2030, it is expected that the decommissioned power batteries in the Chinese market will reach …
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Government Subsidy Strategies for the New Energy Vehicle Power …
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 …
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Colombia''s Renewable Energy Industry
The National Development Plan introduced incentives and specific measures to promote non-conventional renewable energy and energy efficiency. The three most important incentives were: 1) extend the period, from 5 to 15 years, to use 50 percent of investments in generation equipment for non-conventional renewable energy and energy efficiency for ...
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Smooth sailing ahead? Policy options for China''s new energy …
Therefore, future policies should focus on battery recycling [24], and implementing a policy of replacing old batteries with new ones can effectively meet consumers'' current demands for NEV battery performance, enhance the legitimacy of NEVs, and increase consumer willingness to purchase.
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Government Subsidy Strategies for the New Energy Vehicle Power …
investigated an EV power battery supply chain under the cap-and-trade policy using the Stackelberg game to select recycling modes and decrease carbon emissions. Moreover,
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Colombia: ZEV
In July 2019, Colombia approved its first-ever national electric vehicle EV policy, Law 1964, which cites vehicle electrification as a pathway to achieving sustainable mobility and greenhouse gas reductions in line with the 2015 Paris Accords. The law''s measures encourage light- and heavy-duty EV uptake but only set adoption targets for heavy ...
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(PDF) The impacts of subsidy policies and channel ...
With the rapid development of new energy vehicles (NEVs), the recycling and reuse of retired power batteries has attracted extensive attention from the society and scholars.
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Government Subsidy Strategies for the New Energy Vehicle Power …
In order to solve the negative externality problem brought by EoL power batteries, how the government intervenes in the development of the market and guides …
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Government Subsidy Strategies for the New Energy Vehicle Power Battery …
In order to solve the negative externality problem brought by EoL power batteries, how the government intervenes in the development of the market and guides multiple parties to cooperate in ...
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Which policy can effectively promote the formal recycling of …
Shenzhen has become the first city in China to establish a subsidy for PBR. According to the "Shenzhen 2018 New Energy Vehicle Promotion and Application Financial Support Policy," enterprises that sell new energy vehicles registered in the city are required to specifically allocate funds for PBR and disposal at a rate of 20 RMB/kWh.
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What incentives are available in Latin America to buy an electric ...
In 2015, the government promoted a zero tariff subsidy for the import of electric cars. This initiative has contributed to making the country the largest market in Latin America …
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Colombia: ZEV
In July 2019, Colombia approved its first-ever national electric vehicle EV policy, Law 1964, which cites vehicle electrification as a pathway to achieving sustainable mobility and greenhouse gas …
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An analysis of China''s power battery industry policy for new energy ...
Topic 1, battery industry regulation, topic 2, new energy vehicle production access, topic 5, technical standards development and topic 6, clean production of batteries, mostly relate to the production specifications of power batteries and new energy vehicles. The intensity of these topics is also relatively high, indicating that, in the production chain, policy is …
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Government Subsidy Strategies for the New Energy Vehicle Power Battery …
The rapid development of the new energy vehicle industry is an essential part of reducing CO2 emissions in the transportation sector and achieving carbon peaking and carbon neutrality goals. This vigorous development of the new energy vehicle industry has generated many end-of-life power batteries that cannot be recycled and reused, which has brought …
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Power battery modular innovation investment strategies with …
Our analysis identifies two main types of government subsidy strategies for power battery modular innovation investments: technology investment subsidies and …
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Government Subsidy Strategies for the New Energy Vehicle Power Battery …
In this paper, we consider that the government acts before recycling companies and consumers, and recycling companies and consumers act again according to the policy. First, we examine an evolutionary game model of recycling companies and consumers in the absence of the government and explore their choice strategies in various scenarios.
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Government Subsidy Strategies for the New Energy Vehicle Power Battery …
investigated an EV power battery supply chain under the cap-and-trade policy using the Stackelberg game to select recycling modes and decrease carbon emissions. Moreover,
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The two departments issued the "Implementation Rules for the …
The "Implementation Rules" proposes to give a fixed subsidy to urban public transport enterprises (hereinafter referred to as applicants) to update new energy city buses and replace power batteries.
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Colombia''s Renewable Energy Industry
The National Development Plan introduced incentives and specific measures to promote non-conventional renewable energy and energy efficiency. The three most important …
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