Abstract
At present, the issue of how to rapidly develop and popularize new energy vehicles has sparked some hot discussion in Chinese automobile market. The policies promoting the development of new energy vehicles have become the focus concerned by all related parties. This paper introduces the development background and the development status quo of new energy vehicles in China, analyses the current promoting policies and discusses the trend of these policies in future. We deem that the government role, the technological route selection and the system of subsidies and financial funds for private consumption will decide the prospect of new energy vehicle in China.
Highlights
The rapid development of China's auto industry commencing from 2002 ushered in the climax in 2010, the automobile production and consumption reached an unprecedented scale
The research, development, production and popularization of new energy vehicles have drawn the active participation of the governments and the global automotive companies, by which substantial investments in R & D manpower and material resources have been made to strive for the breakthrough obtained in the shortest possible period of time
There is no doubt that the development of new energy vehicles would help to alleviate China's oil import dependency and the contradiction between domestic energy supply and demand, which would be in line with China's oil insurance strategy
Summary
The rapid development of China's auto industry commencing from 2002 ushered in the climax in 2010, the automobile production and consumption reached an unprecedented scale. The rapid development of automobile industry has driven China's economic growth, promoted the employment, increased tax revenue, and enabled consumers to fully enjoy the convenience of automobile traffic It has brought a series of automobile traffic problems involved in externalities, such as the growth of energy consumption and the deterioration of urban air pollution. Such an objective has become a long-term goal for the world's auto industry development To this end, the research, development, production and popularization of new energy vehicles have drawn the active participation of the governments and the global automotive companies, by which substantial investments in R & D manpower and material resources have been made to strive for the breakthrough obtained in the shortest possible period of time. About how the Chinese government has promoted energy-saving automobiles, Sun (2008) and Sun (2011) have reviewed the policy of China's auto emissions and fuel economy. We will introduce the development background and the development status quo of new energy vehicle in China, and we will analyze the current promoting policies and discuss the trend of the policy in future
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