Impact of Carbon Trading Mechanism Considering Blockchain Technology on the Evolution of New Energy Vehicle Industry in the Post-Subsidy Era

Author:

Zhao Wenhui1ORCID,Liu Yimeng1,Hou Jiansheng23,Liu Lifang4

Affiliation:

1. College of Economics and Management, Shanghai Electric Power University, Shanghai 201306, China

2. Jinhua Power Supply Company, Jinhua 321035, China

3. State Grid Zhejiang Electric Power Co., Jinhua 321000, China

4. Shanghai Qiyuan Core Power Technology Co., Ltd., National Power Investment Green Power Transportation Industry Innovation Center, Shanghai 201700, China

Abstract

The incentives for the new energy vehicle industry have been decreasing year by year, and the industry has gradually returned from being “government-oriented” to “market-oriented”. In this context, motivating car companies and consumers to choose new energy vehicles to reach the dual-carbon goal is an urgent problem to be solved. In this study, we consider using blockchain technology to include the new energy vehicle industry in carbon trading, analyze the strategic choices of the government, automobile manufacturers, and consumers from the perspective of evolutionary games, and use MATLAB 2017b to conduct simulation analysis. The results show that (1) the implementation of a carbon trading mechanism by the government is favorable to automobile manufacturers and consumers in choosing new energy vehicles, but it is greatly influenced by the costs of technology implementation; (2) the government can induce consumers and automakers to choose new energy vehicles through total control and initial carbon quotas; and (3) the additional investment costs of automobile manufacturers will affect their willingness to produce new energy vehicles, and the government can adjust the existing “double points” policy to encourage automobile manufacturers to choose to produce new energy vehicles.

Funder

the National Key Research and Development Program of China

Publisher

MDPI AG

Subject

Management, Monitoring, Policy and Law,Renewable Energy, Sustainability and the Environment,Geography, Planning and Development,Building and Construction

Reference39 articles.

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4. Would Personal Carbon Trading Enhance Individual Adopting Intention of Battery Electric Vehicles More Effectively than a Carbon Tax?;Li;Resour. Conserv. Recycl.,2019

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