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Transformation and Development of New Energy Vehicle Industry Based on Social Policy Inquiry
- 1 Faculty of Social Sciences, King’s College London, London, United Kingdom
* Author to whom correspondence should be addressed.
Abstract
The new energy vehicle industry has drawn the interest of international attention with the growing global demand for sustainability and reduction of carbon footprint. The growth of the New Energy Vehicle (NEV) industry is profoundly influenced by global policies aimed at driving technological innovation, meeting environmental requirements, and facilitating economic transformation. Multiple stakeholders, from policymakers to companies, from consumers to technology developers, are working together to drive the rapid growth of this industry. By analyzing research and practices from various nations and areas, insights can be gained on strategies for successfully advancing the growth of the new energy vehicle sector. From a social point of view more environmentally friendly, reducing the pollution of the traditional class of oil vehicles on the environment; from the consumer point of view, due to the fierce competition in the growth of the automotive new energy sector, the businessman will provide more tempting products to attract consumers, to promote the consumer to pick the price is more suitable for the quality of the product better, and further increase customer satisfaction. The future development of the new energy vehicle industry relies on progress on multiple fronts: policy, technology, and market. The healthy development and environmental sustainability of the industry can be more effectively promoted through international cooperation, technological innovation, and a deeper understanding of consumer needs. Policymakers need to take these factors into account to ensure that policies are both relevant to current market and technological realities and adaptable to future changes.
Keywords
New Energy Vehicle, policy, market
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Cite this article
Yang,Y. (2024). Transformation and Development of New Energy Vehicle Industry Based on Social Policy Inquiry. Advances in Economics, Management and Political Sciences,109,8-13.
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Volume title: Proceedings of ICEMGD 2024 Workshop: Innovative Strategies in Microeconomic Business Management
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