Coordination of New Energy Vehicles Closed-Loop Supply Chain under Government Subsidies and Different Power Structures

With the gradual retirement of the first batch of new energy vehicles in recent years, determining the optimal recycling mode has become an urgent concern. Considering the closed-loop supply chain, the government subsidy system, and different market power structures, this paper studies new energy ve...

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Main Authors: Yuping Wu, Zhaoyang Tian, Guilin Chang
Format: Article
Language:English
Published: Wiley 2022-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2022/7561841
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author Yuping Wu
Zhaoyang Tian
Guilin Chang
author_facet Yuping Wu
Zhaoyang Tian
Guilin Chang
author_sort Yuping Wu
collection DOAJ
description With the gradual retirement of the first batch of new energy vehicles in recent years, determining the optimal recycling mode has become an urgent concern. Considering the closed-loop supply chain, the government subsidy system, and different market power structures, this paper studies new energy vehicle recycling decisions and supply chain contract coordination. The results show that given an increase in government subsidies, the profit of the dominant agent in the closed-loop supply chain will be higher than that of the follower, and an increase in wholesale and recovery prices may lead to an increase in sales prices. In addition, the effect of government subsidies on battery recovery is better in cases of vehicle manufacturer dominance than in those of battery manufacturer dominance. Finally, when a battery manufacturer is in the dominant position, a revenue sharing contract can incentivize supply chain coordination; when a vehicle manufacturer is in the dominant position, a two-part tariff contract can realize coordination in the supply chain.
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institution Kabale University
issn 1607-887X
language English
publishDate 2022-01-01
publisher Wiley
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series Discrete Dynamics in Nature and Society
spelling doaj-art-8236c62c892b4b99ab1854640e76b4902025-02-03T06:08:44ZengWileyDiscrete Dynamics in Nature and Society1607-887X2022-01-01202210.1155/2022/7561841Coordination of New Energy Vehicles Closed-Loop Supply Chain under Government Subsidies and Different Power StructuresYuping Wu0Zhaoyang Tian1Guilin Chang2Research Center of Energy EconomicsResearch Center of Energy EconomicsResearch Center of Energy EconomicsWith the gradual retirement of the first batch of new energy vehicles in recent years, determining the optimal recycling mode has become an urgent concern. Considering the closed-loop supply chain, the government subsidy system, and different market power structures, this paper studies new energy vehicle recycling decisions and supply chain contract coordination. The results show that given an increase in government subsidies, the profit of the dominant agent in the closed-loop supply chain will be higher than that of the follower, and an increase in wholesale and recovery prices may lead to an increase in sales prices. In addition, the effect of government subsidies on battery recovery is better in cases of vehicle manufacturer dominance than in those of battery manufacturer dominance. Finally, when a battery manufacturer is in the dominant position, a revenue sharing contract can incentivize supply chain coordination; when a vehicle manufacturer is in the dominant position, a two-part tariff contract can realize coordination in the supply chain.http://dx.doi.org/10.1155/2022/7561841
spellingShingle Yuping Wu
Zhaoyang Tian
Guilin Chang
Coordination of New Energy Vehicles Closed-Loop Supply Chain under Government Subsidies and Different Power Structures
Discrete Dynamics in Nature and Society
title Coordination of New Energy Vehicles Closed-Loop Supply Chain under Government Subsidies and Different Power Structures
title_full Coordination of New Energy Vehicles Closed-Loop Supply Chain under Government Subsidies and Different Power Structures
title_fullStr Coordination of New Energy Vehicles Closed-Loop Supply Chain under Government Subsidies and Different Power Structures
title_full_unstemmed Coordination of New Energy Vehicles Closed-Loop Supply Chain under Government Subsidies and Different Power Structures
title_short Coordination of New Energy Vehicles Closed-Loop Supply Chain under Government Subsidies and Different Power Structures
title_sort coordination of new energy vehicles closed loop supply chain under government subsidies and different power structures
url http://dx.doi.org/10.1155/2022/7561841
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AT zhaoyangtian coordinationofnewenergyvehiclesclosedloopsupplychainundergovernmentsubsidiesanddifferentpowerstructures
AT guilinchang coordinationofnewenergyvehiclesclosedloopsupplychainundergovernmentsubsidiesanddifferentpowerstructures