How will the electric vehicle market in China develop in the next 5 years ?

This dissertation explores the future development of China's electric vehicle market over the next five years, focusing on key factors such as government policies, technological advancements, consumer preferences, and market competition. Using both primary research, including a consumer survey, and secondary data analysis, the study examines how regulatory support, charging infrastructure, battery technology improvements, and environmental awareness will influence market growth. Findings indicate that government support remains a crucial driver of the EV industry, while increasing consumer preference for domestic brands and technological innovation are shaping future demand. However, challenges such as high vehicle costs, charging infrastructure limitations, and evolving policy frameworks may impact growth. The study concludes that while China's EV market is poised for significant expansion, its trajectory will depend on policy adjustments, consumer adoption rates, and advancements in sustainable mobility solutions.

Authors

Publication Details

Journal
Finance & Economics
Published
2025-06-17
DOI
https://doi.org/10.61173/8hthj254
Primary Topic
Electric Vehicles and Infrastructure
Type
article
Field-Weighted Citation Impact
0.00
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article

How will the electric vehicle market in China develop in the next 5 years ?

Jiao Dou
Finance & Economics
Electric Vehicles and Infrastructure
article

How will the electric vehicle market in China develop in the next 5 years ?

Jiao Dou
article en

Abstract

This dissertation explores the future development of China's electric vehicle market over the next five years, focusing on key factors such as government policies, technological advancements, consumer preferences, and market competition. Using both primary research, including a consumer survey, and secondary data analysis, the study examines how regulatory support, charging infrastructure, battery technology improvements, and environmental awareness will influence market growth. Findings indicate that government support remains a crucial driver of the EV industry, while increasing consumer preference for domestic brands and technological innovation are shaping future demand. However, challenges such as high vehicle costs, charging infrastructure limitations, and evolving policy frameworks may impact growth. The study concludes that while China's EV market is poised for significant expansion, its trajectory will depend on policy adjustments, consumer adoption rates, and advancements in sustainable mobility solutions.

Finance & EconomicsVol. 1(3)
Openalex Percentile: Top 88%
Electric Vehicles and Infrastructure
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