Survival rate of China passenger vehicles: A data-driven approach
Jihu Zheng,
Yan Zhou,
Rujie Yu,
Dongchang Zhao,
Zifeng Lu and
Peng Zhang
Energy Policy, 2019, vol. 129, issue C, 587-597
Abstract:
With the rapid growth of passenger vehicle stock, China faces serious environmental and energy security problems. To reduce and remove low-efficiency vehicles on the road in an effort to ensure vehicle safety and fuel efficiency, China updated its compulsory scrappage standard for motor vehicles in 2013. The new standard increases the scrappage VKT (vehicle kilometers traveled) limit from 500,000 km to 600,000 km and removes the upper vehicle age limit of 15 years for passenger vehicles. 2012–2016 National registration data and 1980–2016 annual sales data were used to examine the on-road vehicle age distribution and survival rate of China passenger vehicle. The results showed that the median vehicle lifetime (age at 50% survival rate) had increased by 2.4 years—from 10.5 years in 2012 to 12.9 years in 2016. Vehicle survival rate by vehicle purpose and vehicle type shows that compared to cars and cross passenger cars (mainly minibuses, which are variants of minivans with displacement no more than 1.0L), SUVs and MPVs have higher survival rates. The overall increase in vehicle lifetime and survival rate from 2012 to 2016 will increase total fuel consumption by 2.5%–3.7% in China.
Keywords: Scrappage standard; Survival rate; Total fuel consumption (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S030142151930120X
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:129:y:2019:i:c:p:587-597
DOI: 10.1016/j.enpol.2019.02.037
Access Statistics for this article
Energy Policy is currently edited by N. France
More articles in Energy Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().