Proceedings of the 5th International Conference on Economic Management and Model Engineering, ICEMME 2023, November 17–19, 2023, Beijing, China

Research Article

Study on the Disposal Strategy of Automobile Enterprise Credits Considering R&D Investment

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  • @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
Kaifu Yuan1,*, Fengqing Ren1
  • 1: Guizhou University of Finance and Economics
*Contact email: kaifuy@126.com

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.