New Energy Battery Cabinet Subsidy Policy

Can power battery recycling benefit from a government subsidy?

They found that the original profit-sharing status would change after the government subsidy was introduced into the model. In conclusion, the government has noted that the power battery recycling industry can reap more benefits. The government’s policies are relatively broad, with most documents and policies being macrolevel guidance.

Do government subsidies affect battery collection quantity?

We find that whether the battery collection quantity is constrained by the NEV sales quantity, the supply chain profits and social welfare with government subsidies (subsidy for the NEV manufacturer or subsidy for consumers) are higher than those without government subsidy.

Can government subsidies help recycle EOL power batteries?

Government subsidies can promote recycling companies and consumers to actively recycle EoL power batteries. The government hopes to achieve the goal of optimal total social gain by employing subsidies. However, the government will only act if the net benefit to society is greater than the subsidy paid by the government.

How does government subsidize Nev batteries?

The government subsidizes battery manufacturers according to their market size and R&D strength, which can stimulate them to increase R&D efforts and help them create NEV batteries with stronger endurance and better safety performance.