THE ROLES OF SUSTAINABLE BATTERIES AND POLICIES IN DRIVING THE DEMAND FOR ELECTRIC VEHICLES IN CHINA

作者：Zhe Song, Me-En-Chee Hong · 发表于：Journal of sustainability science and management · 年份：2025 · DOI：10.46754/jssm.2025.01.004 · 被引用次数：1

Despite the implementation of various measures to promote the use of Electric Vehicles (EVs) by the Chinese government and Chinese companies; the demand for EVs has yet to reach its desired target. This study investigates the determinants of EV demand including policy, facilities, and socio-economic aspects. The study employs quarterly time series data between 2010 and 2022 to estimate the relationship between EV policies, battery charging and recycling facilities, price, income, urbanisation, and population against EV ownership in China. The research found a positive correlation between the number of battery recycling companies, public charging facilities, EV prices and EV demand. However, the three different policies studied produced mixed results. Interestingly, urbanisation was found to have a negative correlation to EV demand. This is noteworthy as most EV facilities are in urban areas, yet the demand for EVs in China is negatively influenced by urbanisation. The conclusions drawn from this study holds great significance for the future of EV demand in China. Specifically, if the Chinese government promotes EV adoption in semi-urban cities, it could have a substantial impact. The study also provides valuable insights for government and industry stakeholders. These insights can help with informed decision making and shape the trajectory of EV development in China.