Analysis of Business Strategies for the Development of New Energy Industry: A Case Study of BYD Auto Company

Abstract

Nowadays, global environmental problems have become increasingly serious, in order to deal with climate and environmental problems, China has proposed a dual carbon policy, and actively encouraged the development of a new energy industry, optimizing the energy structure and some methods. This paper adopts the case analysis method, takes the new energy enterprise BYD as an example, studies the development status of new energy enterprises, points out the existing problems, and puts forward relevant countermeasures. This studys discoveries can be summed up into two experiences. The premier test, first and foremost, obstructing BYDs undertaking progress lies in the decreasing benefit of mechanical advancement, dissolving its upper hand. To resolve this issue, it is basic that new energy undertakings focus on development as a foundation of their development technique.Besides, the improvement of these organizations ought to put an uplifted spotlight on developing areas of strength for a culture, putting resources into the ceaseless advancement of their labor force, and upgrading the general information level inside their groups. In addition, the absence of strong foundation supporting the development of new energy ventures. To balance this, it is fundamental for legislatures to expand their help for these ventures, guaranteeing they have the important assets and climate to flourish. By addressing these provokes and offering direction to arising new energy firms, this exploration not just adds to hoisting the business general norms yet additionally holds the possibility to have a huge effect on worldwide natural and biological issues.