The Analysis and Recommendations for Global Automotive Low-Carbon Policies in Major Manufacturing Countries
Baiyu Fan (),
Peng Ge (),
Naifeng Ma () and
Zhanhui Yao ()
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Baiyu Fan: China Automotive Technology and Research Center Co., Ltd
Peng Ge: China Automotive Technology and Research Center Co., Ltd
Naifeng Ma: China Automotive Technology and Research Center Co., Ltd
Zhanhui Yao: China Automotive Technology and Research Center Co., Ltd
A chapter in Proceedings of the 2026 4th International Conference on Digital Economy and Management Science (CDEMS 2026), 2026, pp 57-69 from Springer
Abstract:
Abstract In 2025, a deeper phase of low-carbon transition was witnessed in global automotive industry. Relevant policies in major economies worldwide have been intensively put into practice with differentiated optimization, focusing on the core objective of carbon emission reduction in combination while integrating the orientation towards supporting domestic industries. There was a shared policy-conceiving mindset across various countries regarding the emission reduction pathway: set definite long-term objectives for strategic guidance, adopt supplementary targeted tools including fiscal and tax subsidies and carbon accounting, extend low-carbon requirements to full product lifecycle and formulate localization-oriented policies taking local industry condition into considerations. The policies drove the global automotive industry towards electrification and low-carbon transition on the one hand, and on the other hand brought on carbon barriers in trading environment. In the light of the aforementioned circumstances, the automotive industry must take such measures as construction of carbon management framework, innovation in international development mode and coordination of worldwide low-carbon standards, to align with the emission reduction trend and address new challenges in international competition.
Keywords: automotive industry; low-carbon policy; industry transition (search for similar items in EconPapers)
Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6239-699-9_8
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DOI: 10.2991/978-94-6239-699-9_8
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