Research on the Development of China's New Energy Vehicle Industry in the New Economic Environment

As China's new energy vehicle industry continues to grow, it is becoming more and more important to the country's economic development. After comprehensively considering the in-depth research results of many scholars on the relationship between new energy vehicles and China's economy, combined with the current stage characteristics of China's new energy industry and the overall economic development, this paper aims to comprehensively and systematically analyze the important role of this industry in China's economic development, as well as the challenges and opportunities it faces. China's new energy automobile industry has had a significant positive impact on many aspects of China's real economy, export economy and low-carbon economy. However, the development of this industry is also affected and restricted by many factors. It also drives the development of various industries at the same time. It currently acts as a practical catalyst for China's economic growth. Even though the new energy vehicle sector will encounter several obstacles in the future, overall, the sector is trending forward. It will also have a long-lasting favorable effect on China's economy going forward.

Authors

Publication Details

Journal
Transactions on Economics Business and Management Research
Published
2024-08-21
DOI
https://doi.org/10.62051/2n3y3d42
Primary Topic
Electric Vehicles and Infrastructure
Type
article
Field-Weighted Citation Impact
0.00
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Research on the Development of China's New Energy Vehicle Industry in the New Economic Environment

Zian Wang, Chenglu Yang, Pengyan Wang
Transactions on Economics Business and Management Research
Electric Vehicles and Infrastructure
article

Research on the Development of China's New Energy Vehicle Industry in the New Economic Environment

Zian Wang, Chenglu Yang, Pengyan Wang
article en

Abstract

As China's new energy vehicle industry continues to grow, it is becoming more and more important to the country's economic development. After comprehensively considering the in-depth research results of many scholars on the relationship between new energy vehicles and China's economy, combined with the current stage characteristics of China's new energy industry and the overall economic development, this paper aims to comprehensively and systematically analyze the important role of this industry in China's economic development, as well as the challenges and opportunities it faces. China's new energy automobile industry has had a significant positive impact on many aspects of China's real economy, export economy and low-carbon economy. However, the development of this industry is also affected and restricted by many factors. It also drives the development of various industries at the same time. It currently acts as a practical catalyst for China's economic growth. Even though the new energy vehicle sector will encounter several obstacles in the future, overall, the sector is trending forward. It will also have a long-lasting favorable effect on China's economy going forward.

Transactions on Economics Business and Management ResearchVol. 9
Openalex Percentile: Top 89%
Electric Vehicles and Infrastructure
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