Research Article
Study on the Disposal Strategy of Automobile Enterprise Credits Considering R&D Investment
@INPROCEEDINGS{10.4108/eai.17-11-2023.2342652, author={Kaifu Yuan and Fengqing Ren}, title={Study on the Disposal Strategy of Automobile Enterprise Credits Considering R\&D Investment}, proceedings={Proceedings of the 5th International Conference on Economic Management and Model Engineering, ICEMME 2023, November 17--19, 2023, Beijing, China}, publisher={EAI}, proceedings_a={ICEMME}, year={2024}, month={2}, keywords={dual-credit policy r\&d investment new energy vehicles credits disposal strategy}, doi={10.4108/eai.17-11-2023.2342652} }- Kaifu Yuan
Fengqing Ren
Year: 2024
Study on the Disposal Strategy of Automobile Enterprise Credits Considering R&D Investment
ICEMME
EAI
DOI: 10.4108/eai.17-11-2023.2342652
Abstract
Considering the "dual-credit" policy and R&D factors, this paper constructs three strategic models of NEV credits selling, carryover and hybrid for an automobile enterprise that produces both traditional fuel vehicles and new energy vehicles, to study the optimal disposal strategy of surplus credits. Results show that: (1) With the increase of R&D investment, automobile enterprise should reduce the prices of the vehicles, and increase the output to realize the capital recovery. (2) Automobile enterprise should pay attention to the price of credits and adjust their strategies to the price. If the credit price is lower, the carryover strategy should be chose; on the contrary, the selling strategy is better. (3) To expand the proportion of selling credits, enterprise should lower the prices of fuel vehicles and increase their production; similarly, the price of fuel vehicles should be increased to reduce the total amount of CAFC negative credits.