Analysis of Economic Instruments for Energy Transition Transformation and Their Effects: The Development Process of Electric Vehicles in China

In recent years, the escalating environmental problems posed by climate change have prompted countries to expedite their energy transition. Headed by the Paris Agreement, which sets temperature control targets for the world, countries have taken a variety of measures to promote the development of low-carbon energy. Among them, electric vehicles have played an indelible role in China's energy transition. In terms of energy structure, electric vehicles can assist in reducing reliance on traditional fossil fuels, lowering greenhouse gas emissions, and providing an effective route to achieving the dual-carbon objective. In terms of environmental benefits, electric vehicles can effectively reduce urban air pollution and improve the quality of life of residents. This research analyses government economic instruments, such as carbon pricing, carbon taxes and infrastructure development. Understanding the impacts of policies on consumers, businesses and identifying current shortcomings provides recommendations for a sustainable future with enhanced life-cycle use and a circular economy. This paper is designed to encourage further research, standardisation work, public communication, and future progress