<p>The effective implementation of the dual credit policy (DCP) in recent years reasonably coordinates the production of different types of vehicles, enhances the low-carbon performance of vehicle supply chains, and plays an essential role in promoting the sustainable development of the entire automotive industry. This paper constructs two vehicle supply chains composed of automakers and retailers based on DCP, one is a fuel vehicle (FV) supply chain and the other is a new energy vehicle (NEV) supply chain, and considers the low-carbon sensitivity of consumers to vehicles. Under the game-theoretical framework, we build five different models, namely, FV and NEV vehicle supply chains independent emission reduction, FV supply chain collaboration, NEV supply chain collaboration, FV and NEV supply chains horizontal collaboration, and FV and NEV supply chains full collaboration. Our research indicates that the corporate average fuel consumption (CAFC) standard value is positively related to emission reduction levels and demand for FVs, while the impact on NEVs is negative. Raising the NEV credit ratio boosts emission reduction levels and demand for NEVs but not for FVs. Increased each NEV credit contributes to profit growth in the entire supply chain. Meanwhile, the FV or NEV supply chain collaboration model can achieve the highest emission reduction level. Compared to independent emission reductions, the full collaboration model leads the supply chain to realize the highest margins, while the horizontal collaboration only benefits the business performance of automakers. Furthermore, our findings present critical managerial insights for green operations in different auto supply chains.</p>

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Selection of the cooperation mode for new energy and fuel vehicle supply chain under the dual-credit policy

  • Junchong Pu

摘要

The effective implementation of the dual credit policy (DCP) in recent years reasonably coordinates the production of different types of vehicles, enhances the low-carbon performance of vehicle supply chains, and plays an essential role in promoting the sustainable development of the entire automotive industry. This paper constructs two vehicle supply chains composed of automakers and retailers based on DCP, one is a fuel vehicle (FV) supply chain and the other is a new energy vehicle (NEV) supply chain, and considers the low-carbon sensitivity of consumers to vehicles. Under the game-theoretical framework, we build five different models, namely, FV and NEV vehicle supply chains independent emission reduction, FV supply chain collaboration, NEV supply chain collaboration, FV and NEV supply chains horizontal collaboration, and FV and NEV supply chains full collaboration. Our research indicates that the corporate average fuel consumption (CAFC) standard value is positively related to emission reduction levels and demand for FVs, while the impact on NEVs is negative. Raising the NEV credit ratio boosts emission reduction levels and demand for NEVs but not for FVs. Increased each NEV credit contributes to profit growth in the entire supply chain. Meanwhile, the FV or NEV supply chain collaboration model can achieve the highest emission reduction level. Compared to independent emission reductions, the full collaboration model leads the supply chain to realize the highest margins, while the horizontal collaboration only benefits the business performance of automakers. Furthermore, our findings present critical managerial insights for green operations in different auto supply chains.