Impact of Vehicle Purchase Tax Exemption on Electric Vehicle Sales: Evidence from China's Automotive Industry
Publication Year: 2023
Author(s): Liu Z
Abstract:
The worldwide shortage of fossil resources and environmental degradation are both becoming worse. Using a difference-in-differences specification to take advantage of exogenous variation from the implementation of the car purchase tax exemption policy, the study empirically assesses the causal relationship between the growth in new energy vehicle sales and the exemption of vehicle purchase tax on such automobiles. This study concludes that the policy increased electric car sales by an average of 177.3% and serves as a catalyst for discussing the importance of regulations and sales.
Source of Publication: Energy Strategy Reviews
Vol/Issue: 49; 101148
DOI No.: 10.1016/j.esr.2023.101148
Country: China
Publisher/Organisation: Elsevier Ltd.
Rights: http://creativecommons.org/licenses/by/4.0/
Theme: Vehicle Technology | Subtheme: Electric vehicles
Related Documents
Reports
Driving A Shared, Electric, Autonomous Mobility Future
Published Year: 2019
Abstract:
In this report, RMI evaluates how mobility ecosystems are evolving in three fast-changing mark... Read More
Reports
Implementation Plan for Electrification of Public Bus Transport in Bengaluru
Published Year: 2018
Abstract:
Last year, Karnataka announced a landmark policy on electric vehicles, becoming the first Indi... Read More
Opinions/Videos
![prewiew](https://greenmobility-library.org/public/uploads1/resource_attachments/1605097314_digital-library-launch_2.jpg)
Launch of Digital Library on Green Mobility (DLGM): Key remarks
Published Year: 2020
Abstract:
The Energy and Resources Institute (Read More