Research on the influence of consumers’ environmental preference and government policy on EV battery recycling

Abstract

According to Chinese government, the first peak period of EV battery recycling will come soon. Improper disposal of EV batteries will cause a serious damage on the environment. So, reverse supply chain of EV battery recycling should be established. As one of the main bodies of reverse supply chain, consumers play an important role in the recycling of EV batteries. Government policy can regulate EV battery recycling. These factors will have a direct impact on EV manufacturers recycling strategy. To discuss how these factors, influence the recycling strategy exactly, a mathematical is established. Results shows that compared with the government’s reward-penalty mechanism, consumers’ environmental preference is the fundamental driving force for EV manufacturers to recycle EV batteries.