Does the promotion and application of new energy vehicles contribute to the reduction of carbon intensity? A quasi-natural experiment analysis

This study examines the impact of the promotion and application of new energy vehicles (PANEVs) policy on carbon intensity across 282 Chinese cities. Using this quasi-natural experiment, the results show that PANEVs significantly reduce carbon intensity in the treated cities. Mediation analysis reve...

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Main Authors: Shuai Wang, Jing Wang, Jiarong Cheng
Format: Article
Language:English
Published: Elsevier 2025-06-01
Series:Sustainable Futures
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2666188825000255
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author Shuai Wang
Jing Wang
Jiarong Cheng
author_facet Shuai Wang
Jing Wang
Jiarong Cheng
author_sort Shuai Wang
collection DOAJ
description This study examines the impact of the promotion and application of new energy vehicles (PANEVs) policy on carbon intensity across 282 Chinese cities. Using this quasi-natural experiment, the results show that PANEVs significantly reduce carbon intensity in the treated cities. Mediation analysis reveals that while the policy may lead to higher carbon intensity due to transportation industry structural upgrading and reduce carbon intensity by promoting green technology innovation. This study also finds that the heterogeneous characteristics of urban economic development, population density, and technological foundation influence the impact of PANEVs on carbon intensity. Additionally, the spatial spillover effects of PANEVs further lower carbon intensity in neighboring cities, promoting regional green integration. The results of this study provide valuable insights for policymakers involved in new energy vehicle-related initiatives.
format Article
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publisher Elsevier
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series Sustainable Futures
spelling doaj-art-6fdfd72a9e2c41c79a645e72788371c92025-08-20T02:06:43ZengElsevierSustainable Futures2666-18882025-06-01910045510.1016/j.sftr.2025.100455Does the promotion and application of new energy vehicles contribute to the reduction of carbon intensity? A quasi-natural experiment analysisShuai Wang0Jing Wang1Jiarong Cheng2The School of Economics, Lanzhou University of Finance and Economics, Lanzhou 730101, Gansu, ChinaInvestment Banking Department, HUATAI FINANCIAL HOLDINGS (HONG KONG) LIMITED, Hong Kong 999077, ChinaFixed Income Financing Headquarters, Shenwan Hongyuan Securities Co.,Ltd. Beijing 100030, China; Corresponding author.This study examines the impact of the promotion and application of new energy vehicles (PANEVs) policy on carbon intensity across 282 Chinese cities. Using this quasi-natural experiment, the results show that PANEVs significantly reduce carbon intensity in the treated cities. Mediation analysis reveals that while the policy may lead to higher carbon intensity due to transportation industry structural upgrading and reduce carbon intensity by promoting green technology innovation. This study also finds that the heterogeneous characteristics of urban economic development, population density, and technological foundation influence the impact of PANEVs on carbon intensity. Additionally, the spatial spillover effects of PANEVs further lower carbon intensity in neighboring cities, promoting regional green integration. The results of this study provide valuable insights for policymakers involved in new energy vehicle-related initiatives.http://www.sciencedirect.com/science/article/pii/S2666188825000255L62Q20Q54
spellingShingle Shuai Wang
Jing Wang
Jiarong Cheng
Does the promotion and application of new energy vehicles contribute to the reduction of carbon intensity? A quasi-natural experiment analysis
Sustainable Futures
L62
Q20
Q54
title Does the promotion and application of new energy vehicles contribute to the reduction of carbon intensity? A quasi-natural experiment analysis
title_full Does the promotion and application of new energy vehicles contribute to the reduction of carbon intensity? A quasi-natural experiment analysis
title_fullStr Does the promotion and application of new energy vehicles contribute to the reduction of carbon intensity? A quasi-natural experiment analysis
title_full_unstemmed Does the promotion and application of new energy vehicles contribute to the reduction of carbon intensity? A quasi-natural experiment analysis
title_short Does the promotion and application of new energy vehicles contribute to the reduction of carbon intensity? A quasi-natural experiment analysis
title_sort does the promotion and application of new energy vehicles contribute to the reduction of carbon intensity a quasi natural experiment analysis
topic L62
Q20
Q54
url http://www.sciencedirect.com/science/article/pii/S2666188825000255
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AT jingwang doesthepromotionandapplicationofnewenergyvehiclescontributetothereductionofcarbonintensityaquasinaturalexperimentanalysis
AT jiarongcheng doesthepromotionandapplicationofnewenergyvehiclescontributetothereductionofcarbonintensityaquasinaturalexperimentanalysis