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The Impact of the Dual-Credit Policy on Production and Cooperative R&D in the Automotive Supply Chain

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  • Lian Ding

    (School of Management Science and Engineering, Nanjing University of Information Science and Technology, Nanjing 210044, China)

  • Xiaodong Zhu

    (School of Management Science and Engineering, Nanjing University of Information Science and Technology, Nanjing 210044, China)

Abstract

The dual-credit policy has increased the complexity of the automotive supply chain. This study constructs a game model and uses reverse induction to explore the impact of the dual-credit policy on production and cooperative R&D. The results show that compared with no dual-credit policy, the dual-credit policy may not be able to promote improvement of the fuel economy, the development of the new energy vehicle (NEV) industry, and cooperative research and development (R&D). The policy effects are related to other parameters. Meanwhile, increasing control of the dual-credit policy can suppress the scale of fuel vehicles (FVs), but has little effect on the level of fuel economy improvement. Additionally, the impact on the intensity of NEV production and cooperative R&D needs to be discussed within a specific threshold. Manufacturers can obtain policy dividends by adjusting their operational strategies. The government can quantify the effect of policies through production supervision and flexibly adjust the intensity of regulation, to build a green and win–win automotive supply chain.

Suggested Citation

  • Lian Ding & Xiaodong Zhu, 2023. "The Impact of the Dual-Credit Policy on Production and Cooperative R&D in the Automotive Supply Chain," Sustainability, MDPI, vol. 15(2), pages 1-18, January.
    • Handle: RePEc:gam:jsusta:v:15:y:2023:i:2:p:1302-:d:1030972
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    2. Mohsin, Muhammad & Jamaani, Fouad, 2023. "Unfolding impact of natural resources, economic growth, and energy nexus on the sustainable environment: Guidelines for green finance goals in 10 Asian countries," Resources Policy, Elsevier, vol. 86(PB).

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