How to Motivate Car Companies to Cooperate under the Dual Credit Policy: An Evolutionary Game Analysis Considering Consumer Sensitivity

DOI

10.2991/978-94-6463-676-5_28How to use a DOI?

Keywords

New energy vehicles; dual credit policy; Hotelling model; evolutionary game; cooperative innovation

Abstract

The promotion and development of new energy vehicles (NEVs) is regarded as a pivotal measure in achieving a low-carbon transition in the transportation sector. In China, the dual-credit policy, an innovative incentive mechanism, is gradually replacing purchase subsidies. Through a credit trading mechanism, it encourages traditional energy vehicle corporations to reduce emissions and promotes industry transformation. This study constructs an evolutionary game model based on the Hotelling model to analyze the impacts of consumer sensitivity, collaborative innovation costs, and the dual-credit policy on automakers’ willingness to pursue collaborative innovation. Simulation results indicate that when consumers have high demands for NEV range, NEV companies are more inclined towards independent research and development. In contrast, traditional energy vehicle corporations are more likely to adopt collaborative innovation strategies when fuel efficiency is prioritized. The increase in additive and multiplicative coefficients of the policy enhances cooperative intent. The findings suggest that the government should optimize credit calculations, increase subsidies for collaborative innovation, and rationally guide consumer demand to foster sustainable development in the automotive industry.

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  - He-Fan Zhang
AU  - Jian Liu
PY  - 2025
DA  - 2025/04/15
TI  - How to Motivate Car Companies to Cooperate under the Dual Credit Policy: An Evolutionary Game Analysis Considering Consumer Sensitivity
BT  - Proceedings of the 2024 6th Management Science Informatization and Economic Innovation Development Conference (MSIEID 2024)
PB  - Atlantis Press
SP  - 284
EP  - 300
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-676-5_28
DO  - 10.2991/978-94-6463-676-5_28
ID  - Zhang2025
ER  -