Research on the Technological Innovation Investment Decisions of Traditional Automobile Enterprises under the Dual Credit Policy

DOI

10.2991/978-94-6463-752-6_13How to use a DOI?

Keywords

Dual Credit Policy; Credit Pool; Traditional Automobile Manufacturers; Investment Decision-making model

Abstract

China’s government has introduced Dual Credit Policy to promote the green transformation of the automobile industry, and in August 2023, a new Credit Pool mechanism was added. This paper focuses on the impact of the Credit Pool on the investment decision of traditional automobile enterprises. The study finds that the increase in the trading price of credit prompts enterprises to increase R&D investment and production of new energy vehicles. Changes in the storage price of the Credit Pool and the R&D input coefficient of new energy vehicles affect the allocation of resources between traditional fuel vehicles and new energy vehicles.

Copyright

© 2025 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Yiqing Gao
PY  - 2025
DA  - 2025/06/07
TI  - Research on the Technological Innovation Investment Decisions of Traditional Automobile Enterprises under the Dual Credit Policy
BT  - Proceedings of 2025 2nd International Conference on Applied Economics, Management Science and Social Development (AEMSS 2025)
PB  - Atlantis Press
SP  - 121
EP  - 127
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-752-6_13
DO  - 10.2991/978-94-6463-752-6_13
ID  - Gao2025
ER  -