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.
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.
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.
According to the 2017–2020 Policy Adjustment, subsidies are available for qualified new energy passenger cars, buses and coaches, and freight trucks, along with vocational vehicles, such as garbage trucks.
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.
Fuel cell electric trucks and vocational vehicles must meet a minimum electric range requirement of 300 km (compared with 200 km in 2016) and a minimum rated power requirement of 30 kW (or 30% of the rated power of the driving motor, whichever is larger) to qualify for the subsidy.
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