Incentive regulation for electric vehicles sharing with marketing promotion and technical innovation

Electric vehicles (EVs) sharing with advantages in emission reduction and resources saving is supported by government subsidies. However, many incentive policies overlook that EVs sharing platforms have private information on technical capability and promotion effort levels. Based on incentive regulatory theory, this paper considers the industry feature of EVs sharing and establishes an incentive regulation model to study how the government can effectively incentive platforms to improve promotion effort as well as to make more technical innovation under different scenarios of information, and numerical results are presented to validate the model. The findings may bring useful references for policy makers in the process of designing incentive policy portfolios.