Evolutionary Game of Actors in China’s Electric Vehicle Charging Infrastructure Industry

Mu Li (), Yingqi Liu and Weizhong Yue
Additional contact information
Mu Li: School of Economics and Management, Beijing Jiaotong University, Beijing 100044, China
Yingqi Liu: School of Economics and Management, Beijing Jiaotong University, Beijing 100044, China
Weizhong Yue: Beijing Municipal Commission of Housing and Urban-Rural Development, Beijing 101160, China

Energies, 2022, vol. 15, issue 23, 1-20

Abstract: China proposed a development direction of “new infrastructure” in 2020, due to the ongoing scientific and technological revolution and industrial transformation. The charging station industry is one of the seven industries of the “new infrastructure”. Hence, it is of great importance to study China’s electric vehicle charging infrastructure industry. Based on game theory, this study analyzes the game strategies for the evolution of actors in China’s electric vehicle charging infrastructure industry. Firstly, the Chinese government has classified the industry according to the subsidy for charging piles and battery swapping stations. Then, the government, operators, and consumers constructed an evolutionary game model. The results show that: (1) under the investment subsidy mode, the purchase cost that consumers invest in purchasing traditional fuel-consuming vehicles has a positive impact on the operator’s production enthusiasm. In addition, the government’s subsidy amount has a positive impact on consumers’ decision to purchase battery-swappable electric vehicles; and (2) under the operational subsidy mode, due to the government’s strong supervision of the industry, there is a positive correlation between the word-of-mouth effect and the consumer’s decision to buy rechargeable electric vehicles.

Keywords: game; electric vehicles; charging infrastructure industry; actors (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.mdpi.com/1996-1073/15/23/8806/pdf (application/pdf)
https://www.mdpi.com/1996-1073/15/23/8806/ (text/html)

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:gam:jeners:v:15:y:2022:i:23:p:8806-:d:980619

Access Statistics for this article

Energies is currently edited by Ms. Agatha Cao

More articles in Energies from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().