Analysis of China’s New Energy Vehicle Industry

DOI

10.2991/aebmr.k.220307.207How to use a DOI?

Keywords

New Energy Vehicle; Industry Analysis; Competitive Environment; Industrial Chain Analysis; China

Abstract

Along with Chinese economic and technological development and the upgrading of people’s living standards, motor vehicles are becoming increasingly important and common among Chinese households. However, at the same time, the continuously consumed resources and more and more serious environmental pollution caused by the population of automobiles have aroused public concern. The new energy vehicle, which is much more environmentally friendly, has become a new choice for consumers and is worthy of attention. This report focuses on the new energy vehicle industry in China and analyzes the industry by studying some Chinese academics’ relevant papers, some analysis reports offered by the Chinese local security companies and data from native institutes. This report analyzes China’s new energy vehicle industry through the current status of China’s new energy vehicle market, competitive environment, upstream, midstream and downstream conditions of the industry chain, and suggestions about the industry’s future development. Accordingly, it is found out that China’s new energy automobile industry has considerable investment value with the growing market, generally reasonable and ordered competitive environment, an industrial chain with great development potential. Also, technical improvement, broader sales channels, government support and cooperation between the industrial chain might benefit the whole industry.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Chenyi Lu
PY  - 2022
DA  - 2022/03/26
TI  - Analysis of China’s New Energy Vehicle Industry
BT  - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
PB  - Atlantis Press
SP  - 1249
EP  - 1256
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220307.207
DO  - 10.2991/aebmr.k.220307.207
ID  - Lu2022
ER  -