Study on the Development Status and Impact of New Energy Vehicles in China

Abstract

The purpose of this study is to study whether new energy vehicles can be widely popularized under the present economic development situation, as well as extending more advanced technology. It explores the impact of new energy vehicles on various aspects of China’s economy, environment and society. This study adopts research methods such as literature research method and time series modeling, and finds that nowadays new energy vehicles are over-utilized in big cities. We have recently found that the digital economy has been of considerable help to the development of new energy vehicles, such as promoting the transformation of the traditional automobile industry and improving its innovation ability. On the other hand, the green economy has become a major trend in global economic development, the new energy industry, as a core component of the green economy, has experienced rapid growth and significant changes globally, its research results are good or bad, involving the state, society and consumers (Zhao Yuki et al., 2024). This study discusses about the current situation of the development of new energy vehicles in China and its influencing factors from multiple perspectives, and combines economics, sociology, environmental protection and other fields to conduct diversified categorization research.