Comparative Analysis of Research on the Development of New Energy Vehicles between China and the United States

Abstract

This article takes Tesla and BYD as examples to compare and analyze the development of new energy vehicles in China and the United States. The research aims to reveal the development situation of the two companies and explore the commonalities and differences in the new energy vehicle industry between China and the United States. Through literature review, the article explores the differences and commonalities between Tesla and BYD in terms of technological innovation, market strategy, production models, and brand image. The research in this article provides important insights into the development trends and competitive landscape of the global new energy vehicle industry, and valuable strategic suggestions for the future development of new energy vehicle enterprises.