Production Strategy for Manufacturer under Dual-credit Policy

M. Ma, W. Meng, Bo Huang
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Abstract

Abstract. We study manufacturer that produce both new energy vehicle (New Energy Vehicle: NEV) and conventional fuel vehicles. Under the dual-credit policy, we construct an optimal production decision model to study the production strategies for manufacturer, considering that the manufacturers' R&D investment can earn new energy credits, and discuss the impact of the dual-credit policy factors on the production strategy. It is found that, the production decisions for manufacturer are consistent with the guidance of the dual-credit policy. The dual-credit policy has promoted the R&D investment of manufacturer and improved the technical level of NEV. With the increase of the sensitivity coefficient of new energy credits to R&D investment, and the increase of the transaction price of credits, and the increase of the negative credits of traditional fuel vehicles, manufacturers' R&D investment increases. Under the dual-credit policy, the price of NEV decreased and the output increased, while the price of traditional fuel vehicles increased, and the output decreased. The dual-credit policy promotes the development of NEV, while restraining the development of traditional fuel vehicles.
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双信用政策下制造商的生产策略
摘要我们研究的是既生产新能源汽车(new energy vehicle: NEV)又生产传统燃料汽车的制造商。在双积分政策下,考虑到制造商的研发投入可以获得新能源积分,构建了最优生产决策模型,研究了制造商的生产策略,并讨论了双积分政策因素对生产策略的影响。研究发现,制造商的生产决策与双信用政策的指导是一致的。双积分政策促进了生产企业的研发投入,提高了新能源汽车的技术水平。随着新能源信用额度对研发投入的敏感性系数增大,信用额度交易价格的提高,以及传统燃油车负信用额度的增加,厂商的研发投入增加。在双积分政策下,新能源汽车价格下降,产量增加,而传统燃油车价格上升,产量下降。双积分政策促进了新能源汽车的发展,同时抑制了传统燃油车的发展。
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