Carbon Emission Reduction and Coordination Strategies for New Energy Vehicle Closed-Loop Supply Chain under the Carbon Trading Policy

Due to the increasingly serious energy crisis and environmental pollution, new energy vehicle (NEV) as a environmentally-friendly travel tool has been vigorously developed by various countries. However, in 2020, China officially enters the “postsubsidy era” in which the carbon trading scheme will re...

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Main Authors: Yan Yin, Fengcai Liu
Format: Article
Language:English
Published: Hindawi-Wiley 2021-01-01
Series:Complexity
Online Access:http://dx.doi.org/10.1155/2021/3720373
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spelling doaj-40e3702b217345c3820916336a85d9d32021-08-02T00:00:51ZengHindawi-WileyComplexity1099-05262021-01-01202110.1155/2021/3720373Carbon Emission Reduction and Coordination Strategies for New Energy Vehicle Closed-Loop Supply Chain under the Carbon Trading PolicyYan Yin0Fengcai Liu1School of Management Science and EngineeringCollege of Management and EconomicsDue to the increasingly serious energy crisis and environmental pollution, new energy vehicle (NEV) as a environmentally-friendly travel tool has been vigorously developed by various countries. However, in 2020, China officially enters the “postsubsidy era” in which the carbon trading scheme will replace the current fiscal and taxation system, affecting the implementation of NEV. Under the carbon trading policy, it has gradually become a major issue how NEV companies achieve production revenue coordination and carbon emission optimization decisions. This study focuses on building a multilevel supply chain for NEV production, sales, and component recycling. In addition, this study establishes a Stackelberg game model dominated by NEV manufacturers and uses contracts to coordinate the model. Results are as follows: (1) With the increasing maturity and perfection of enterprises’ carbon emission reduction technology, consumers’ demand for new energy vehicles will increase, and the effect will be more obvious when the system centralized decision-making. (2) Since the centralized decision is aimed at the total profit of the system and has the advantage of optimal order quantity, the total benefit of the supply chain is higher than that of the decentralized decision. Moreover, if the cost coefficient of carbon emission reduction is small, the total benefit of the supply chain under the centralized decision will be more obvious. (3) From the perspective of each member of the supply chain, the profit change of the manufacturer is more sensitive to the change of order quantity compared with the cost coefficient of carbon emission reduction. When the cost of carbon emission reduction technology is too high, manufacturers may not have much incentive to carry out technological research and development and innovation, resulting in failure to achieve system optimization. (4) This study designed a revenue-cost-sharing contract coordination mechanism; that is, the retailer will provide part of the revenue to the manufacturer, and the manufacturer will provide recovery compensation to the recycler.http://dx.doi.org/10.1155/2021/3720373
collection DOAJ
language English
format Article
sources DOAJ
author Yan Yin
Fengcai Liu
spellingShingle Yan Yin
Fengcai Liu
Carbon Emission Reduction and Coordination Strategies for New Energy Vehicle Closed-Loop Supply Chain under the Carbon Trading Policy
Complexity
author_facet Yan Yin
Fengcai Liu
author_sort Yan Yin
title Carbon Emission Reduction and Coordination Strategies for New Energy Vehicle Closed-Loop Supply Chain under the Carbon Trading Policy
title_short Carbon Emission Reduction and Coordination Strategies for New Energy Vehicle Closed-Loop Supply Chain under the Carbon Trading Policy
title_full Carbon Emission Reduction and Coordination Strategies for New Energy Vehicle Closed-Loop Supply Chain under the Carbon Trading Policy
title_fullStr Carbon Emission Reduction and Coordination Strategies for New Energy Vehicle Closed-Loop Supply Chain under the Carbon Trading Policy
title_full_unstemmed Carbon Emission Reduction and Coordination Strategies for New Energy Vehicle Closed-Loop Supply Chain under the Carbon Trading Policy
title_sort carbon emission reduction and coordination strategies for new energy vehicle closed-loop supply chain under the carbon trading policy
publisher Hindawi-Wiley
series Complexity
issn 1099-0526
publishDate 2021-01-01
description Due to the increasingly serious energy crisis and environmental pollution, new energy vehicle (NEV) as a environmentally-friendly travel tool has been vigorously developed by various countries. However, in 2020, China officially enters the “postsubsidy era” in which the carbon trading scheme will replace the current fiscal and taxation system, affecting the implementation of NEV. Under the carbon trading policy, it has gradually become a major issue how NEV companies achieve production revenue coordination and carbon emission optimization decisions. This study focuses on building a multilevel supply chain for NEV production, sales, and component recycling. In addition, this study establishes a Stackelberg game model dominated by NEV manufacturers and uses contracts to coordinate the model. Results are as follows: (1) With the increasing maturity and perfection of enterprises’ carbon emission reduction technology, consumers’ demand for new energy vehicles will increase, and the effect will be more obvious when the system centralized decision-making. (2) Since the centralized decision is aimed at the total profit of the system and has the advantage of optimal order quantity, the total benefit of the supply chain is higher than that of the decentralized decision. Moreover, if the cost coefficient of carbon emission reduction is small, the total benefit of the supply chain under the centralized decision will be more obvious. (3) From the perspective of each member of the supply chain, the profit change of the manufacturer is more sensitive to the change of order quantity compared with the cost coefficient of carbon emission reduction. When the cost of carbon emission reduction technology is too high, manufacturers may not have much incentive to carry out technological research and development and innovation, resulting in failure to achieve system optimization. (4) This study designed a revenue-cost-sharing contract coordination mechanism; that is, the retailer will provide part of the revenue to the manufacturer, and the manufacturer will provide recovery compensation to the recycler.
url http://dx.doi.org/10.1155/2021/3720373
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