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Power battery recycling strategy with government rewards and punishments

Author

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  • Sheng-Qiang Gu

    (Nanjing University of Aeronautics and Astronautics)

  • Yong Liu

    (Jiangnan University)

  • Hao Yu

    (Jiangnan University)

Abstract

The booming development of new energy vehicles has brought a continuous increase in the demand for power batteries and the amount of scrap. To reduce waste of resources and protect the environment, power battery recycling has become an important and urgent problem to be solved. To well analyze and deal with the recycling problems of used power batteries in closed-loop supply chain (CLSC) consisting of a dominate manufacturer and a seller or retailer, under the recycling mode of power battery industry consortium, we construct some models with government rewards and punishments, and exploit them to investigate and explore the optional decisions and the fluence of the government rewards and punishments and shared responsibility on supply chain, and then we design coordination mechanisms through the power battery market recycling rate. We find that this mechanism effectively increased the profits of the manufacturer and retailer.

Suggested Citation

  • Sheng-Qiang Gu & Yong Liu & Hao Yu, 2023. "Power battery recycling strategy with government rewards and punishments," OPSEARCH, Springer;Operational Research Society of India, vol. 60(1), pages 501-526, March.
    • Handle: RePEc:spr:opsear:v:60:y:2023:i:1:d:10.1007_s12597-022-00618-9
    DOI: 10.1007/s12597-022-00618-9
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    References listed on IDEAS

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