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China’s electric vehicle subsidy scheme: Rationale and impacts

Hao, Han ; Ou, Xunmin ; Du, Jiuyu ; Wang, Hewu ; Ouyang, Minggao

Energy policy, 2014-10, Vol.73, p.722-732 [Periódico revisado por pares]

Kidlington: Elsevier Ltd

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Título:
China’s electric vehicle subsidy scheme: Rationale and impacts
Autor: Hao, Han ; Ou, Xunmin ; Du, Jiuyu ; Wang, Hewu ; Ouyang, Minggao
Assuntos: Alternative fuel vehicles ; Applied sciences ; China ; China (People's Republic) ; Cost ; Costs ; Electric vehicle ; Electric vehicles ; Exact sciences and technology ; Ground, air and sea transportation, marine construction ; Impact analysis ; Manufacturing ; Market penetration ; Marketing ; Markets ; Ownership ; Ownership cost ; Passenger vehicle ; Passengers ; Road transportation and traffic ; Studies ; Subsidies ; Subsidies (financial) ; Subsidy ; Technology ; Transportation planning, management and economics ; Vehicles
É parte de: Energy policy, 2014-10, Vol.73, p.722-732
Notas: ObjectType-Article-1
SourceType-Scholarly Journals-1
ObjectType-Feature-2
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Descrição: To promote the market penetration of electric vehicles (EV), China launched the Electric Vehicle Subsidy Scheme (EVSS) in Jan 2009, followed by an update in Sep 2013, which we named phase I and phase II EVSS, respectively. In this paper, we presented the rationale of China’s two-phase EVSS and estimated their impacts on EV market penetration, with a focus on the ownership cost analysis of battery electric passenger vehicles (BEPV). Based on the ownership cost comparison of five defining BEPV models and their counterpart conventional passenger vehicle (CPV) models, we concluded that in the short term, especially before 2015, China’s EVSS is very necessary for BEPVs to be cost competitive compared with CPVs. The transition from phase I to phase II EVSS will generally reduce subsidy intensity, thus resulting in temporary rise of BEPV ownership cost. However, with the decrease of BEPV manufacturing cost, the ownership cost of BEPV is projected to decrease despite of the phase-out mechanism under phase II EVSS. In the mid term of around 2015–2020, BEPV could become less or not reliant on subsidy to maintain cost competitiveness. However, given the performance disadvantages of BEPV, especially the limited electric range, China’s current EVSS is not sufficient for the BEPV market to take off. Technology improvement associated with battery cost reduction has to play an essential role in starting up China’s BEPV market. •China’s phase I and phase II electric vehicle subsidy schemes were reviewed.•Major electric vehicle models in China’s vehicle market were reviewed.•The ownership costs of five defining electric passenger vehicle models were compared.•Policies to promote electric vehicle deployment in China were discussed.
Editor: Kidlington: Elsevier Ltd
Idioma: Inglês

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China’s electric vehicle subsidy scheme: Rationale and impacts

Hao, Han ; Ou, Xunmin ; Du, Jiuyu ; Wang, Hewu ; Ouyang, Minggao

Kidlington: Elsevier Ltd

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